RANBAXY - Weekly View

28th Mar

10th Mar

Trade above Blue line level.
Stop as per RMS.

UPDATE
28th Feb

Possible. Avoid trade. RT @uda46051491: @Stocktechy With the exclusion news of Ranbaxy from NSE, wil dre be any impact on it on Friday?
— EWite (@Stocktechy) February 27, 2014

UPDATE
26th Feb

Confirmed moves when it moved to 374 and corrected.
The stock is making its final wave e of wave 4 and is heading for ~388

Trade plan as indicated in the chart.

UPDATE
25th Feb

RANBAXY targeting 372 before correcting.
But not recommending a trade here.





Twit during market. Just above short initiation.

#RANBAXY Showing momentum on wrong side. Just exiting for now.
— EWite (@Stocktechy) February 24, 2014

UPDATE
Week of 24th Feb.

Click the chart to see the trade plan.

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Targets Achieved
Call closed

UPDATE
19th Feb.

Target revised
Target 1 - 356.50
Target 2 - 366.00

At the first target a tight stop is advised.

For week of 17th Feb

In continuation of the earlier post we once again enter LONG.

Target - 369 (weekly target)
Stop  <  339.50

Link to old Post.
CLICK HERE