techboy wrote:i had to login to just help all the confused minds here . if you look at the charts you can see allot of resistance at 15 bob so what does this mean . if you missed the rally unlike me . you SHOULDN'T buy . coz when it approaches 15 bod i will expect some selling.
if you caught the move put your sell order at 14.50 - 15.00 and wait for the retracement if you fancy the stock.
its very important to read charts and not just gossip here like what 90% of wazuas do.
Oh . and yes the rally is fully supported by fundamentals.
15 is nowhere near the true value of the stock. In a ranging bull, we dont trade support and resistance. We wait for full valuation/overvaluation!
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