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20 MICRON in Bull market from MAR-2011 Kaushik hariyani – Chartideas.wordpress.com Support line from March 2011.

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Presentation on theme: "20 MICRON in Bull market from MAR-2011 Kaushik hariyani – Chartideas.wordpress.com Support line from March 2011."— Presentation transcript:

1 20 MICRON in Bull market from MAR-2011 Kaushik hariyani – Chartideas.wordpress.com Support line from March 2011

2 Breakout in 105 made 150 Again retested 105in Sep and made 135 now again retested 105 Breakout in 105 made 150 Again retested 105in Sep and made 135 now again retested MICRON in Bull market from MAR-2011 Kaushik hariyani – Chartideas.wordpress.com BREAKOUT LINE

3 Now Keep SL of 100 on Closing basis and buy. Above 115 – 119 is resistance and then 122. Once 122 is crossed and closed we could see in Short to medium term and in medium to long-term This stock is in bull market of its own. Once closes above blue Line average it will begin its new big move Now Keep SL of 100 on Closing basis and buy. Above 115 – 119 is resistance and then 122. Once 122 is crossed and closed we could see in Short to medium term and in medium to long-term This stock is in bull market of its own. Once closes above blue Line average it will begin its new big move 20 MICRON in Bull market from MAR-2011 Kaushik hariyani – Chartideas.wordpress.com

4 I would say this is in a bull market even before the market has resumed its Bull market and may test retest levels if market remains choppy So don’t panic and give it a little time and SL if hits don’t panic buy above again 105 and Stop loss if on closing weekly basis below 100 then only exit. As it can give you double and triple returns in time to come so 10-15Rs stop loss Is just 10% on today's close price of 114 which is justifiable if you will get % Returns in may be less than a year or two. I would say this is in a bull market even before the market has resumed its Bull market and may test retest levels if market remains choppy So don’t panic and give it a little time and SL if hits don’t panic buy above again 105 and Stop loss if on closing weekly basis below 100 then only exit. As it can give you double and triple returns in time to come so 10-15Rs stop loss Is just 10% on today's close price of 114 which is justifiable if you will get % Returns in may be less than a year or two. Kaushik hariyani – Chartideas.wordpress.com


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