Stocks To Keep A Close Eye On

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Prabhan

Well-Known Member
Sirjee/Anant,
Bought following scrips:
1. Polaris at 163. CMP 168.10
2. MLL at 56.55. CMP 61.55
3. Dish TV at 40.40. CMP 41.15

Shd I keep the SL as mentioned by you and Anant sir or do I need to keep changing it?
Also Bought ELECTCAST at 42.05. CMP 42.05.

Sirjee/Anant Sir,
Please suggest on SL. As previously I bought TTML at 26.8 but SL got triggered at 25.65.. Do I need to keep changing SL?
 

AlokTewari

Well-Known Member
Hi Savant Sir,

I got renuka sugar at 225.30, technicaly it is in uptrend but i m little confuse about stop loss, will it be ok to put 217 or 216 levels?


Thanks
Balraj167
Balraj
It is wrong time to buy sugar stocks. Few days back sugar stocks were very good buy but due to withdrawl of Ordinance By Government ( after protest by farmers & opposition ) now sugar mill owners have to bear additional cost of sugar cane. Even though Sugar prices are going up this is very bearish news for suagr mills. You must have seen today all sugar company shares were down 3 to 5% including Renuka. Hence for short term Renuka or other sugar stocks are for shorting instead of buying. Renuka has support around 219 but I donot know how long will that support hold. It is advisible to book loss.

Cheers !!!
 

lazytrader

Well-Known Member
Most Times Chart Will Give You Triggers Before The News Is Out....:)

Below is The Intraday Chart 1 Min. TF


Happy & Safer Trading

SavantGarde
There was news :confused:???

What news. I kept searching but couldn't find anything that justified the move.
 
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