Quotes with Resistance & Support
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Intraday calls for 18-09-08
Posted on: September 18th, 2008 at 9:31 am
Markets likely to open weak.
Short sell: Reliance industries and Bharat Heavy Electricals.
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ashish Says:
September 19th, 2008
Posted at: 12:53 am
hello sir
can you please explain or give a link about "how to put stoploss?".I am not able to understand and its looking bit confusing while i tried to understand from sharekhan.If you can give a brief idea with examples or any link where its been explained very clearly with examples,will be of great help.
thnx a lot
CB Says:
September 19th, 2008
Posted at: 1:31 am
Hi ashish, Stoploss means at level below which you cannot aford to have any more loss. Say you bought 500 stocks for RPL at 150 and you can only afford a loss of 2000, then your stoploss if 146.. Usually stoplosses are kept at strong support levels. If a stock breaks it support level, people trigger their stoplosses in fear of stock falling further