1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

target

Discussion in 'Technical Analysis' started by shwetagnema, Mar 4, 2014.

  1. shwetagnema

    shwetagnema Active Member

    Joined:
    Jun 24, 2012
    Messages:
    252
    Likes Received:
    40
    Occupation:
    House wife
    hi shabbir, i want an advice about the target.
    i have some shares of dr. reddy. the target which i had set, the tick couldn't go that high for very few points. and now it is coming down. in this situation, should i set a new target according to the move of the stock in the graph or book partially profit first on already made target?
     
    shwetagnema, Mar 4, 2014
    Share #1
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    What was your target and yes partial profit booking is always advised.
     
    shabbir, Mar 4, 2014
    Share #2
  3. shwetagnema

    shwetagnema Active Member

    Joined:
    Jun 24, 2012
    Messages:
    252
    Likes Received:
    40
    Occupation:
    House wife
    my target was 2970. with SL 2517
     
    shwetagnema, Mar 4, 2014
    Share #3
  4. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    You can book 40 to 50% of your profits and see when the down tick stops.
     
    shabbir, Mar 4, 2014
    Share #4
  5. shwetagnema

    shwetagnema Active Member

    Joined:
    Jun 24, 2012
    Messages:
    252
    Likes Received:
    40
    Occupation:
    House wife
    thanks a lot shabbir
     
    shwetagnema, Mar 4, 2014
    Share #5
  6. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    The pleasure is all mine.
     
    shabbir, Mar 5, 2014
    Share #6
  7. madhusudhanps

    madhusudhanps Member

    Joined:
    Aug 20, 2012
    Messages:
    45
    Likes Received:
    6
    Dr Reddy Breakdown

    Breakdown from strong support zone.
    Can be shorted with TG1 2590 and TG2 2550 with SL above 2700.
    Shabbir your views please.
     

    Attached Files:

    madhusudhanps, Mar 10, 2014
    Share #7
  8. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    Shorting in spikes is better choice.
     
    shabbir, Mar 12, 2014
    Share #8