Dear Sushilji,
I asked the same question to Raunak-bhai and went out for lunch. Came back to find that something unexpected has happened in the stock and has come down from 1150 to 1120 suddenly. Plz have a look on the charts of Tata Motors. Took 1120 CA today @ 59.50 which is now trading @ 47. What can be the target according to you in this series? Shall I book my losses now or wait for few days?
All my profits in NF (long @ 6032 from yesterday hedged with 5900 PE which I closed out in the morning) are being wiped out by this single trade.My charts are saying sell!sell!sell! but my heart is saying plz hold on.
I asked the same question to Raunak-bhai and went out for lunch. Came back to find that something unexpected has happened in the stock and has come down from 1150 to 1120 suddenly. Plz have a look on the charts of Tata Motors. Took 1120 CA today @ 59.50 which is now trading @ 47. What can be the target according to you in this series? Shall I book my losses now or wait for few days?
All my profits in NF (long @ 6032 from yesterday hedged with 5900 PE which I closed out in the morning) are being wiped out by this single trade.My charts are saying sell!sell!sell! but my heart is saying plz hold on.