Sir whether i should short cairn at cmp of rs. 305.40/- for the target of Rs. 285/- because the stock is expected to continue its downtrend which has been started after facing stiff resistance at 308 levels.Its momentum indicators (stochastic, RSI) are in the overbought zone at 89 and 73 levels and hence supporting its downward trend ???
Stocks To Keep A Close Eye On
- Thread starter SavantGarde
- Start date
- Tags afl amibroker
- Status
Re: Stocks To Keep A Close Eye On - Chapter II
Hi Anant,
I have one query regarding sigleMA trigger system. Suppose, for a stock I got buy trigger and it is going up now if I want to increase my position then when to do that. For Eg: In SG system he gives trigger for same stock multiple times to add more position but I am not finding same thing in singleMA trigger system.
Also, what is the significance of trailing stop loss in your AFL. I noticed that many times trailing sl is hit but you exit only when sell triggered on the chart. So how should one use trailing sl.
Hi Anant,
I have one query regarding sigleMA trigger system. Suppose, for a stock I got buy trigger and it is going up now if I want to increase my position then when to do that. For Eg: In SG system he gives trigger for same stock multiple times to add more position but I am not finding same thing in singleMA trigger system.
Also, what is the significance of trailing stop loss in your AFL. I noticed that many times trailing sl is hit but you exit only when sell triggered on the chart. So how should one use trailing sl.
Last edited:
- Status
Similar threads
-
to keep record of stocks i will be following- Started by Gandhar.
- Replies: 5
-
-
-
-
Is it ok to buy Stocks keeping the current market scenarios in mind or should I wait
- Started by greg4u
- Replies: 10