Out of these, KECL has hit Stop Loss, tomorrow I will exit the trade if it trades below 82 during the last half an hour. (If the likely close is above 82 I will not exit).
I am renewing this thread which is almost killed due to my other commitments.
Basic Rules are not widely different than discussed in the first post. But, I do make changes as per requirements which I post here for follow up.
Name of thread may slightly differ from actual triggers being posted here.
To sum up the rules :-
1. Buy triggers are based on selected Moving Averages.
2. Price is trailed by SL based on volatility. (EMA calculated on ATR(10)).
3. Sell triggers when price closes below trailing SL.
Everybody is bearish about NTPC. Sure about it. But my system says buy it. My system could witness few whipsaws before a big one. When my system says yes, as any moving averages based system, I seldom say no. Let me clarify that its a system based trigger. You ought to know how to play such triggers. I would say go with a minimum position size. If your analysis cautions to omit it, you must. Please verify first post of this thread to see the caution before playing these triggers.
Buy triggers to be bought on 14-12-2010
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Symbol |C. M. P. |Target | StopLoss |ADD
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MARUTI |1451.00 |1577.55 |1324.45 |1493.20