What do you mean by this statement?

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Old 14th January 2008, 04:21 PM
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kamleshgwalani is on a distinguished road
Default What do you mean by this statement?



Buy ABC above Rs 85. Stop Loss of Rs 82, target of Rs 88-Rs 95. (Intra-day/Positional Call)

Could you please explain me what is Stop Loss and what is meant by above sentence.

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Old 14th January 2008, 04:36 PM
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suru27 is on a distinguished road
Default Re: What do you mean by this statement?

THIS STATEMENT MEANS...but abc company shares at around 85 rs per share on intraday basis(ie u ve to sell on the same day) when it reaches 88-95 rs but if the price goes down till 82 rs(ie stop loss means if it comes down till tis level it will further go down ,so to escape from further loss ,we set a stoploss price) in that case sell it with minimum loss

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Old 14th January 2008, 05:32 PM
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bvpraveen is on a distinguished road
Default Re: What do you mean by this statement?

Quote:
Originally Posted by kamleshgwalani View Post
Buy ABC above Rs 85. Stop Loss of Rs 82, target of Rs 88-Rs 95. (Intra-day/Positional Call)

Could you please explain me what is Stop Loss and what is meant by above sentence.
Try at least getting the TA basics. You may check ICICIDirect's University to get hang of the basics.

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