Intraday query

#1
Dear freinds.
At many stock site i see messages on their sites like :

Action Trigger Price Stop Loss Target-1 Target-2
BUY ABOVE 110 109 111.5 114
S.SELL BELOW 108 109.5 107 105


Can anyone explain wat r these, and why both buy and sell messages for the same stocks is given. do we need to set triggers for both buy and sell or wat?


Thanks...
 

vicky_ag

Well-Known Member
#2
Rahul

Yes we need to set triggers for both. If, the price rises we should be ready to go long and if price goes down, we need to short.

But, beware these kind of triggers where in the trigger price differ by just 2 are very dangerous and both side might trigger within a span a 3-4 hrs turning the overall trade to a loss.
Dear freinds.
At many stock site i see messages on their sites like :

Action Trigger Price Stop Loss Target-1 Target-2
BUY ABOVE 110 109 111.5 114
S.SELL BELOW 108 109.5 107 105


Can anyone explain wat r these, and why both buy and sell messages for the same stocks is given. do we need to set triggers for both buy and sell or wat?


Thanks...