STtraderr

IBULHSGFIN, at a very crucial Juncture

Long
NSE:IBULHSGFIN   INDIABULLS HOUSING
This stock is at a very crucial zone of 272-276
If it stays above this zone then target will be 320-30
if stays below this zone then target will be 240-30
As this stock can show wild movements so SL
will be big at 5-8 points
I will watch it for coming days
Trade active: Bought Intraday at 276.50-277
Booked half just now at 286
Nice intraday gain....
those who follow me, know my trading style
Book half at profits so that trade will become virtually risk free
Comment: better to shift SL to cost/entry price of trade
Trade closed: stop reached: SL of cost hit
Nice gains in this falling market
Comment: Just update:
if somebody not squared off at cost
Target Hit. Hit High 360
sometimes being safer, doesn't pays....

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