Scrip Name (Pipavav,nse code:(N17444)
Strategy 1:DOJI
Doji on 22/08/2011 in Pipavav (high:62.65)
next day close above precious day high.Next day the close is 63.30.
Buy on the next day and the rest his history
The News:The news regarding Pipavav merger with Mazgaon Dock to build warships for the Indian Navy was announced on Monday (12th September,2011) during market hours
Strategy 2:SUPER TREND
The pipavav scrip gave a close above supertrend on 30/08/2011 and the scrip shooted like anything.Still the Merger news was communicated on Monday 12th September 2011 during Market hours.
TARGET:92.15 was the target as per retracement drawn from 20/04/2011 (high) to 22/08/2011 (low).92.15 is nothing but the 100% bounce back from the bottom to the top most figure of 92.15
Needless to say TECHNICAL ANALYIS WORKS,one should have a vision,courage,discipline and patience to folow it.
Strategy 1:DOJI
Doji on 22/08/2011 in Pipavav (high:62.65)
next day close above precious day high.Next day the close is 63.30.
Buy on the next day and the rest his history
The News:The news regarding Pipavav merger with Mazgaon Dock to build warships for the Indian Navy was announced on Monday (12th September,2011) during market hours
Strategy 2:SUPER TREND
The pipavav scrip gave a close above supertrend on 30/08/2011 and the scrip shooted like anything.Still the Merger news was communicated on Monday 12th September 2011 during Market hours.
TARGET:92.15 was the target as per retracement drawn from 20/04/2011 (high) to 22/08/2011 (low).92.15 is nothing but the 100% bounce back from the bottom to the top most figure of 92.15
Needless to say TECHNICAL ANALYIS WORKS,one should have a vision,courage,discipline and patience to folow it.
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