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Discussion in 'Technical Analysis' started by sainathreddy4, Sep 22, 2014.

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  1. sainathreddy4

    sainathreddy4 New Member

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    hi shibbir,
    i have brought GSFC at 100.10/share and now it is moving in the upper line of the bollinger band. but how do i set or guess the target price??
     
    sainathreddy4, Sep 22, 2014
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  2. shabbir

    shabbir Administrator Staff Member

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    Based on your SL, target the price at 2x the SL value or the next resistance level.

    Now for me this stock has a big moves and so SL is too down for a target of 2x SL and so I would book profit at 10% rise in tranche of 40% 40% 20%
     
    shabbir, Sep 22, 2014
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