@StockWhizzer, I see there could be a retest around the previous high at 510. As long as it doesn't break the trendline, we should see a good run
StockWhizzer
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Holding 100 at 390, gud to punt for 600 or exit
Thelostone
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@StockWhizzer, Depends on your time horizon. For now i see its going down on low volume so I would still hold. I would exit if it closes below the 20 day ema.
StockWhizzer
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Also, ur view on Biocon, good for 400 or 280 coming
Thelostone
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@StockWhizzer, Biocon is trading below all its moving averages. I wouldn't be looking for any trade here.
@StockWhizzer, I mentioned 20 day ema not 200. It needs to close below that. As of now, I would sell if it closes below yesterday's low if you are looking to book your profits and look for a different stock. Then again if you have time and believe in the company I would still hold selling below the 50 day ma.
StockWhizzer
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@Thelostone apologies, also ur view on TTML 120 hold or below 100 again?
Thelostone
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@StockWhizzer, Don't have much of a view on TTML. Charts don't give enough info. It already had a major run last year around 500%. For now it is near 50day ma. if it goes below that might have get a bigger drop