I think Satyam has hit the upper circuit again today.....:clapping:
Can someone tell us why is it hitting the upper circuit in the first 10 mins everyday for the past 3 days?
Adultvish has correctly phrased the original question. Padhugvn wants to know whether the intra-day price hitting SL (or for that matter Target) should be taken and appropriate exit should be taken. Or should we disregard the intra-day price and decide only on the basis of end-of-day closing price.
In my opinion, for shares held for for a few days only end-of-day closing price should be compared with SL or Target and appropriate action taken on next day. Intraday price hitting target or SL are limited to intraday trades only which have to be closed by end of the day's trading.
In an earlier post in this thread Anant also has given the same opinion.
If anybody has other view and reason for that may please elaborate.
I think Satyam has hit the upper circuit again today.....:clapping:
Can someone tell us why is it hitting the upper circuit in the first 10 mins everyday for the past 3 days?