Newbie: What do these mean?

[mfnovice]

I am a newbie and trying to understand what do following mean?

A.) if the stock breaks below 1995, investors can sell the stock with a strict stop loss of Rs 2020 to achieve a target of Rs 1910.

B.) Resistance and Support Level for 11.08.09
R1 2118.40 R2 2149.20 R3 2183.40
PIVOT 2084.20
S1 2053.40 S2 2019.20 S3 1988.40

I was also thinking if someone can point me to good tutorials and glossaries to understand the equity and mf terms and how do they work.

Thanks for your help!

 

[chaitanyagoa]

I am a newbie and trying to understand what do following mean?

A.) if the stock breaks below 1995, investors can sell the stock with a strict stop loss of Rs 2020 to achieve a target of Rs 1910.

B.) Resistance and Support Level for 11.08.09
R1 2118.40 R2 2149.20 R3 2183.40
PIVOT 2084.20
S1 2053.40 S2 2019.20 S3 1988.40

I was also thinking if someone can point me to good tutorials and glossaries to understand the equity and mf terms and how do they work.

Thanks for your help!

Hey,

Read the "Teach a man to fish"by Saint

Thanks

 

[superprogrammer]

A.) if the stock breaks below 1995, investors can sell the stock with a strict stop loss of Rs 2020 to achieve a target of Rs 1910.

Meaning -> It talks about short selling
http://www.investopedia.com/university/shortselling/shortselling1.asp
So, when the stock price reaches below 1995, sell it and buy it when it reaches 1910
Instead if it goes higher like 2020, buy it to avoid further loss