InfinityCapital

Bought CLNINDIA @ 580.50 SL 525

Long
NSE:CLNINDIA   CLARIANT CHEMICALS
Technical Trade - Buyable Gap up
Trade active: Revised stop-loss 500. possibly a shakeout will add more depending on the price action
Trade active: okay so there was a dividend related price adjustment today in this stock. 140 rs special dividend. going to hold this one and see how it plays out. i never hold a stock beyond my stop-loss point however this one is an exception.

Comments

Clariant produce biocides which is used in sanitizer . May be sales will be grow during covid 19 period.
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InfinityCapital umeshbharthi1950
@umeshbharthi1950, i took a technical trade, the fundamental is less relevant in this case. because its a short term trade.
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umeshbharthi1950 InfinityCapital
@InfinityCapital, What is will be SL?
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InfinityCapital InfinityCapital
@InfinityCapital, if it breaks 8ema and the next day if it breaks the previous day low. that's the stoploss
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Same here i am also holding stock from 14th July at Rs.570
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Company is giving special dividend Rs.140 per share.
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