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InfinityCapital
Jul 13, 2020 12:40 PM

Bought CLNINDIA @ 580.50 SL 525 Long

Description

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