50 shares of SAIL....what to do?

[prasadam]

I will hold the position with a stop loss @ 150/- (recent support) as I see the stock is trying to make new highs. and once it moves above recent high bring stoploss to 170/-( recent resistance).

i have 50 shares of SAIl at 171.50
today it reached that level

what shud i do with it
i have been holding them for the market to recover

thanks

 

[3dsmaxed]

hi
can u tell me how to trade with stop loss
i am using icicidirect
i dont get time to check my portfolio after every hour or so
so i think stop loss is a good idea but how exactly it works
does it just inform me about the triggered price or it can also sell automatically once it reaches that limit.

thanks