Check the charts below. Earlier even I have high conviction, my SL exited the trade and the stock prices move way beyond. Attaching Amber, HEG. Similar happened to M & M , NAM-INDIA, Indus Ind, Motilal etc. All those trades exited in loss, I entered at almost bottom in these companies.
Similarly SL hit in Accelya, MHRIL. But this time I took the trades again to confirm these scenarios work.
What do you call these ? How do you trade in these? What should be the setup? Anybody please share your knowledge. This will help me and others.
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Again happened with SPLPetro. SL hit before target reaches
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Happened with BSE. SL hit before target reaches. GTT closed the trade.
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Out of all the above trades, I only re entered in Accelya and MHRIL but with less qty. Accelya gave good returns. waiting on MHRIL yet.
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Accelya trailing SL to 1750 now. MHRIL is still at the same range of my entry.
Trade closed: stop reached
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Accelya - SL Hit GTT closed the trade. Profit 8736.86/-