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Intraday calls for 11-04-14

Posted on: April 11th, 2014 at 7:25 am

Markets likely to open flat, support for Nifty at 6750

Buy CESC around 518, target: 531, SL 508 – (Book profit in CESC at 526.50)

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505 Responses

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  1. DS Says:
    April 11th, 2014
    Posted at: 1:42 pm

    Hi Robotguy,

    ITC is slowly and steadily going up...looks like the weather is going to go bad for Nifty soon...maybe its the calm before the storm??


  2. Debu Says:
    April 11th, 2014
    Posted at: 1:42 pm

    Hi DS, Trailing SL means, when your trade move into deep profit you should movie SL forward to lock profit that is called trailing SL.


  3. Vishal Says:
    April 11th, 2014
    Posted at: 1:43 pm

    Hi CB, R u there?


  4. ibull Says:
    April 11th, 2014
    Posted at: 1:45 pm

    Hi DS, hmmm. a trailing SL can be something like this. suppose you bought an upwardly trending stock and place a stop loss at a particular level. that level can be based on ATR or the low of the previous day or any other level you deem fit according to your analysis. Now when the stock goes up your SL goes up also according to the logic you applied. So, in a way as the price moves up, so is your SL. Your SL trails your price as long as it goes up until there comes a time when it is hit. it is one of the simplest way to lock in profits in a trending market


  5. AP Says:
    April 11th, 2014
    Posted at: 1:46 pm

    dEAR CB,

    AMARA RAJA BATT TRADING AT 414. ANY FURTHER UPSIDE WITHIN A WEEK?


  6. abhishek Says:
    April 11th, 2014
    Posted at: 1:46 pm

    Hi Robotguy, Hi Can CESC will go up or should i book profit for now


  7. ibull Says:
    April 11th, 2014
    Posted at: 1:47 pm

    Hi DS, posts going to spam. google for trailing stop loss


  8. DS Says:
    April 11th, 2014
    Posted at: 1:47 pm

    Hi Debu,

    Yep figured that out...
    As in say bought at 100...if it goes upto 110...then put in a SL @ 105
    So if it goes up to 115 then revise it to 110 and so on...but how does one do it?


  9. Robotguy Says:
    April 11th, 2014
    Posted at: 1:48 pm

    Hi DS, Next Support 6732-6712-6702 if Spot starts trading below 6752 for 5 to 15 mins...


  10. ibull Says:
    April 11th, 2014
    Posted at: 1:51 pm

    Hi DS, one simple way is in an upwardly trending market, keep trailing your SL as a tick below the previous days low. this works well when we have higher highs and higher lows. otherwise use a fixed percentage trailing SL from the closing price for each day


  11. fazal Says:
    April 11th, 2014
    Posted at: 1:52 pm

    buy pfc and hold for 10-15% gains in coming days - sure shot guys


  12. sharuck Says:
    April 11th, 2014
    Posted at: 1:54 pm

    sir i hv bought intraday future, hindalco at 142.75, sslt at 200.5 and reliance infra at 505.5, wat do i do? should i hold it till market closes o sell it off


  13. vinet Says:
    April 11th, 2014
    Posted at: 1:58 pm

    Hello Sir,

    Please help ...
    I bought one lot of adani future @463
    Please suggest what should I do...


  14. Robotguy Says:
    April 11th, 2014
    Posted at: 2:00 pm

    Hi meena, Book 200 shares profit in HUL at 344 and hold balance with trailing stop loss of your buying price...


  15. krithika.mehta Says:
    April 11th, 2014
    Posted at: 2:00 pm

    hi sir,

    had bought tatamotor at 428. plz suggest..


  16. ibull Says:
    April 11th, 2014
    Posted at: 2:05 pm

    Hi krithika.mehta, Can hold with a SL of below 420 on closing basis

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