Stock FUTURES To Keep A Close Eye On

shaslam

Well-Known Member
I have entered punj at 178.

It is ranging from 163 to 168 from last few weeks.

Can anybody let me know If I should exit it at 168 or wait for upside move ?

Your suggestion will be highly appreciated.
 

chaitanyagoa

Well-Known Member
I have entered punj at 178.

It is ranging from 163 to 168 from last few weeks.

Can anybody let me know If I should exit it at 168 or wait for upside move ?

Your suggestion will be highly appreciated.
Will check and let u know.....:)
 

chaitanyagoa

Well-Known Member
I have entered punj at 178.

It is ranging from 163 to 168 from last few weeks.

Can anybody let me know If I should exit it at 168 or wait for upside move ?

Your suggestion will be highly appreciated.
Hey Dude,

This stock is in a downtrend for a while now.... I would advice u to get out of it or Hold it with a Stoploss of 160 (depends on U)....

@sirjii,

Ur answer can confirm the sell .... :)

 

simple_trader

Well-Known Member
Dear rithikesh,

may be look at your position and trade you have taken. It seems to be greedy trade.

When you bought future, it is better to cover it with call writing.

In stead you have bought call. may be wrong strategy (without going into chart of the stock).


regards.
 

scplindia

Well-Known Member
rithikesh,

Any trade should have a SL, nobody can accurately forecast the stock & future news. Now the fall is related to news. Target anticapted is 360.

Take your own decision as deep cracks are quite evident at this moment, pull back cannot also be rulled out based on any news tomorrow.
 

nimish_rulz

Well-Known Member
Holding SESAGOA 1 lot (500) @426.10..cmp 376
Holding SESAGOA 3 lot (1500) MAY CALL Strike 440 @ 14.5..cmp 4
Deep in RED.
And Disappointed.
Use todays low as stop. I thinking the Metal stock has reacted a lot due to the chinese trouble and IR going up in Aussie land. Keep a close eye on Mining stocks in Australia and UK if they go up there would be a reversal in our mining and metal stocks too. Metal is controlled by London Metal Exchange and hence the mining stocks will rally before the metal rallies due to the smart money. Just my opinion.

Disclaimer: I am very long on FTSE 100(UK stock market) Mining stocks. And I believe it has corrected a lot due to the Australian tax and everything and they have its result coming out in May which will make it rally as the price of the metal went up 30% in the last quarter.
 

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