Hi,
While i was reading Economic times, I had noticed the pick for the day. The details are mentioned below.
Indian Hotel - Buy
Last close- Rs.105
Target- Rs.101
Stop Loss- Rs.119
To my understanding, stop loss should be less than the stock buy price which will be +/- 10% of last close.
is the information correct... If yes, how do we read it? Please help
While i was reading Economic times, I had noticed the pick for the day. The details are mentioned below.
Indian Hotel - Buy
Last close- Rs.105
Target- Rs.101
Stop Loss- Rs.119
To my understanding, stop loss should be less than the stock buy price which will be +/- 10% of last close.
is the information correct... If yes, how do we read it? Please help