Stock Market Doubt

#1
Hi,

While i was reading Economic times, I had noticed the pick for the day. The details are mentioned below.

Indian Hotel - Buy

Last close- Rs.105
Target- Rs.101
Stop Loss- Rs.119

To my understanding, stop loss should be less than the stock buy price which will be +/- 10% of last close.

is the information correct... If yes, how do we read it? Please help
 

rajeabc

Well-Known Member
#2
Hi,

While i was reading Economic times, I had noticed the pick for the day. The details are mentioned below.

Indian Hotel - Buy

Last close- Rs.105
Target- Rs.101
Stop Loss- Rs.119

To my understanding, stop loss should be less than the stock buy price which will be +/- 10% of last close.

is the information correct... If yes, how do we read it? Please help
This is sell reco. First you sell @105 with Stop Loss @119 and then buy @101.
 

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