Discuss Help!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!! at the Options within the Traderji.com - Discussion forum for Stocks Commodities & Forex; I HAD BOUGHT 1900 SHARES OF BANK INDIA @153.
SOLD 155 CA @6.5
NOW ...
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I HAD BOUGHT 1900 SHARES OF BANK INDIA @153.
SOLD 155 CA @6.5
NOW THE UNDERLYIND HAS SUDDENLY DRI\OPPED DOWN TO Rs. 146.
PLEASE GUIDE ME AS TO WHAT TO DO?
QWIIIIIICK REPLY PLEASE AS I HAVE 2 TAKE ACTION WHEN MKT OPENS TOMORROW.
I think u might hv bot BOI shs on 11/5
It had gone up steeply and was overbot.
Hourly macd was going down since 8/5 ! so it was going up on -ve divergences. Though -ve divergences does not mean shorting atleast caution is rqd in going long.
before buying I think u shd look at hourly charts see where its headed. All were bullish on this stock giving tgts of 170+!
selling call willnot hedge it properly. it wud hv been better had u bot a put say 150 put.
Now whts the solution? 15 mins chart is improving shd bounce back to 150 Ifeel .
Keep a stop of 143 .
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13th May 2006, 09:41 PM
Help!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!
Re: Help!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!
