StopLoss

Hi Shabbir,

I hold the below mentioned stocks, Please let me know the stop loss for those stocks.

Yes Bank bought at 356.08
Tata Motors bought at 343.14
Bharti Airtel bought at 355.68
Jp Associate bought at 40.64

Why i am asking, Market turned to bearish mode and those stocks are behaving with nifty.

Thanks,
Siva.

 

Yes bank as shabbir said 280
Tata motor 310-320
Bharti 325
Jp 29-30 but my personal view exit from Jp by tomorrow only don' wait.

 

Hi Sanjay,

(A)

Please let me know the reason

1. why should exit from this Jp Associate stock tomorrow.

2. On what measures, why this is your stop loss 29-30.

If i hold till this hit 29-30, will loss 25% of my capital.

I feel stop loss is 36.6 if it beaks down, beacause gap was there.

1 week back the management took positive steps that is why i hold this stock.

Please find the attachment.

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Hi Shabbir and Sanjay,

(B)

Please let me know the reason why 280 is the stop loss for Yes bank.

Thanks,
Siva.

 

take a look on attached chart.

 

Impressed

Great explanation.

Thanks,
Siva.

 

Ur welcome.

 

As I mentioned it may bounce back, it is trying to take support @ above 37-38
made a high of 38.35 and 1.59%up

 

Yes, but some times we better to exit pull backs (up/down) in weak stocks when the market is weak.

I hope market is weak now.

What is the exit level for this stock?

Thanks,
Siva.

 

First of all u should not have any stock which has long term/mid term downtrend in bearish market.
You should grab any pull back to exit from such stocks.

Try your best to have those stocks which has long/mid/short term trend up.

I am sure U will be on those 10% side who earn from market.

Now please grab this opportunity cause JP has long term down trend no matter short term is up but can u hold this stock for more then a year and if answer is not then u shouldn't have this.

Best of luck.