Showing posts with label Reliance infra. Show all posts
Showing posts with label Reliance infra. Show all posts
Saturday, 2 January 2016
Saturday, 24 May 2014
Trading Cum Investment Idea(24-5-14)
RELIANCE INFRASTRUCTURE CMP RS.727.75 ON 23-5-14
The stock looks good financially and technically both One can take long position in the stock as trader at current rate and can increase position on dips with a strict stop loss of below 660 and treat your trade as investment if the price moves reasonably up . I expect the stock to move up very fast going up the stock will face resistance at 895 / 1135 / 1224 / 1368 / 1404 / 1575,therefore use these figures as trailing stop loss once it starts crossing the resistance points.
Kindly note that make your cost your stop loss in favorable trade and then trail it as the price of the stock moves up to gain maximum profit.
The stock looks good financially and technically both One can take long position in the stock as trader at current rate and can increase position on dips with a strict stop loss of below 660 and treat your trade as investment if the price moves reasonably up . I expect the stock to move up very fast going up the stock will face resistance at 895 / 1135 / 1224 / 1368 / 1404 / 1575,therefore use these figures as trailing stop loss once it starts crossing the resistance points.
Kindly note that make your cost your stop loss in favorable trade and then trail it as the price of the stock moves up to gain maximum profit.
NO NOTE:-1.PRICE STATED
HERE IS OF SPOT MARKET.
2.RECOMMENDATIONS
ARE VALID TILL THE STOP LOSS IS TRIGGERED.
3.IN FAVORABLE TRADE TRAIL YOUR STOP-LOSSES
FOR MAXIMUM GAIN AND CAPITAL PROTECTION.
Contact me for strategic guidance to enter and
exit the trade
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