Stocks To Keep A Close Eye On

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Goofy

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Goofy Bhai,

I was already into LIC in the later part of morning.
LIC trades
10 @ 980.40 ... it was running away, so just jumped in. As it always happens, as soon as I got in, the stock declined.
10 @ 975 to average...
10 @ 970 to average...
10 @ 960 to average...

So, right now, I hold 40 LIC @ 971.35+brokerage

At what price should I exit?
Nifty has run up quite a bit... but LIC is not moving... SBI has shot up, which I already sold @ 2910... :D

So, can anyone please guide me with exit target of LIC. I have very poor exits... always...

Wait till after 1.30 pm. It may jump. Put a reasonable exit bid and it may be eaten in the surge. If not, square off at the end if you are short on ledger.

Remember I have 100 LIC @1100+. And I will get out in profit before you know it!:)
 

gauharjk

Well-Known Member
Bro..get ready...first you get something off the table by selling 10@ 960 wala at 982-83..this way..you will keep scalping a bit..
Bro... it was on margin, so hurried to sell as soon as I saw number of buyers drop from 250000 to 200000... In a puff of a second, 50000 buyers disappeared. So, I put in market value, and got 986.70

It was too early... but still... its a scalp... :)

Cheers!
 

talisman

Well-Known Member
Bro... it was on margin, so hurried to sell as soon as I saw number of buyers drop from 250000 to 200000... In a puff of a second, 50000 buyers disappeared. So, I put in market value, and got 986.70

It was too early... but still... its a scalp... :)

Cheers!
Actually What I do..is more like selling a bit as stock goes higher..the way Goofy Bro had put the buy order..in similar fashion..sell orders...that way..you enjoy the move all the way..

but profit is profit..and the best part..more than yesterday..:)
 

rajputz

Well-Known Member
Actually What I do..is more like selling a bit as stock goes higher..the way Goofy Bro had put the buy order..in similar fashion..sell orders...that way..you enjoy the move all the way..

but profit is profit..and the best part..more than yesterday..:)
He might be having some exit, entry and re entry based on his money management technique talisman. And that he only understands better. U either learn the complete method and if suits you then can apply it. Without understanding you can land in opposite direction also. Hope you get the point.
 
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