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LLoyd Electric

Discussion in 'Technical Analysis' started by jignesh_acharya, Jan 25, 2015.

  1. jignesh_acharya

    jignesh_acharya Active Member

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    Bought @ 158 based on the last pivot breakout

    Stop loss is set at 140 and target @ 175

    what is your view?
     
  2. shabbir

    shabbir Administrator Staff Member

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    Levels look ok but not a comfortable pattern for me.
     
  3. jignesh_acharya

    jignesh_acharya Active Member

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    You were right, SL hit today should I exit at 137 ? or if it bounce tomorrow, should I maintain in the trade?
    I don't know why it gone down so much today inspire of PAT and sales increase..
     
  4. shabbir

    shabbir Administrator Staff Member

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    When you trade, don't think of sales and PAT, when you invest don't see the patterns.
     
  5. jignesh_acharya

    jignesh_acharya Active Member

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    Very nice quote..

    Seems that I should exit on bounce...
     
  6. shabbir

    shabbir Administrator Staff Member

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    Yes but wait too long in the bounce.
     
  7. jignesh_acharya

    jignesh_acharya Active Member

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    Already exited at 135 with your advise....Today it is @ 125....
     
  8. shabbir

    shabbir Administrator Staff Member

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    Great call.