Bought HDIL @ 362 yesterday and its now 352..Any chance for Price UP?

H

harish090

New Member
#1
#1
Hi guys...Bought HDIL @ 362 yesterday and its now 352..Any chance for Price UP?First it was itraday and i have changed it to BTST.So have time till monday to sell it..Do u think that stock has a chance of price increase?

"THIS IS MY FIRST TRADE AFTER ENTERING THE STOCK BUSINESS"
 
G

grcstocks

Member
#2
#2
harish090 said:
Hi guys...Bought HDIL @ 362 yesterday and its now 352..Any chance for Price UP?First it was itraday and i have changed it to BTST.So have time till monday to sell it..Do u think that stock has a chance of price increase?

"THIS IS MY FIRST TRADE AFTER ENTERING THE STOCK BUSINESS"
Click to expand...

Dear Harish Sir,

HDIL :

Strong Support @ 249 levels... if it breks then can touch 236
For an upmove need to close above 257.... resistance @272

This is just my view and I may be totally wrong...please take ur own decision.

And ur mentioned price for HDIL is not correct....please check.


Jai SaiRam
 
G

grcstocks

Member
#3
#3
Suggestion: Better go for swing trading until u read and understand the basics of stock markets and TA....

Intraday is risky....we can't judge market..we have to go in markets direction only.....use strict SL.....

Jai SaiRam
 
H

harish090

New Member
#4
#4
grcstocks said:
Dear Harish Sir,

HDIL :

Strong Support @ 249 levels... if it breks then can touch 236
For an upmove need to close above 257.... resistance @272

This is just my view and I may be totally wrong...please take ur own decision.

And ur mentioned price for HDIL is not correct....please check.


Jai SaiRam
Click to expand...

Oh sorry...The price was 262..not 362..sorry for the mistake..So i thing better to sell if off once the price reached 257 even its a loss for me..right?
 
G

grcstocks

Member
#5
#5
Dear Harish Sir, Forget about selling it of at 257 ..but plz exit if it breaks the above mentioned support levels on the down side....

Jai SaiRam
 
deadbrain

deadbrain

Well-Known Member
#6
#6
harish090 said:
Hi guys...Bought HDIL @ 362 yesterday and its now 352..Any chance for Price UP?First it was itraday and i have changed it to BTST.So have time till monday to sell it..Do u think that stock has a chance of price increase?

"THIS IS MY FIRST TRADE AFTER ENTERING THE STOCK BUSINESS"
Click to expand...

IMHO, it is wise to seek advice before you enter a trade and not after. Tnx
 
H

harish090

New Member
#7
#7
guys..I sell it off yesterday for 247.70 Its around 15 rs loss per share and around total loss of 6000Rs..

I think its a great start for me on Stock business :)
 
deadbrain

deadbrain

Well-Known Member
#8
#8
harish090 said:
guys..I sell it off yesterday for 247.70 Its around 15 rs loss per share and around total loss of 6000Rs..

I think its a great start for me on Stock business :)
Click to expand...
I would have rather waited now that stop loss was crossed long ago. It seems it will start bottoming out in next trading sessions. Try recognizing places where you panic and traders make positions.
 
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