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Discussion in 'Technical Analysis' started by siva934127, Jan 15, 2014.

  1. siva934127

    siva934127 Member

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    Hi Shabbir,

    I hold this yes bank stock and am in profit side also.
    May be today afternoon results may announce.
    Please let me know do you want me to come out from this stock now or not?

    Thanks,
    Siva.
     
  2. shabbir

    shabbir Administrator Staff Member

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    Yes always.
     
  3. monilhathi

    monilhathi New Member

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    Yes Bank Looks good to buy, the stock may touch @ 410/414
     
  4. shabbir

    shabbir Administrator Staff Member

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    Yes but stop loss is around 300 and that is too low to be comfortable.
     
  5. monilhathi

    monilhathi New Member

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    Hi Shabbir, we can always have a trailing stop loss in such cases? I might lock in some profits as soon as I have my target reached
     
  6. shabbir

    shabbir Administrator Staff Member

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    Trailing stops is for hitting targets where your first target is hit and so you move your stop to purchase price or thereabout.

    Trailing stop is not something where you start and with 25% as SL, ROI will be horribly bad.