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HDFC Bank

Discussion in 'Technical Analysis' started by sanjay_sansanwal, Jul 31, 2012.

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  1. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Hdfc has formed breakout @559 on 29-6-12, and now it is trying to make another breakout @ 594 I think it will be a good buy at cmp with stop loss of 560.
    what is ur view?
     
  2. shabbir

    shabbir Administrator Staff Member

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    Same as your view. Ditto.
     
  3. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Hdfc is rocking I bought on 1-8-12 @ 583.65 and now it is @ 598.50.
    should I revise the stoploss from 560 to my cost.
    share ur views.
     
  4. shabbir

    shabbir Administrator Staff Member

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    Trailing stop losses are always more beneficial and one of the method many traders use is previous day closing as the price of trailing stop loss.
     
  5. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Booked 50% @ 606 rivised stop loss @ my cost 583
     
  6. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Booked 25% @ 630