Stock cmp is 505 and stock is entering in demand zone . price below 500 is good demand zone . stock is in uptrend, buy and hold for the 8-10 trading days.
Entry price triggered.
Very beautiful bounce back in price observed today at Rs 500, which was our entry price.
@praveen.gupta, That I understood. What I am asking is, If I move the cursor over the chart in the green marked area, target points 48.70 with amt 51412.3 is getting displayed. What is this amt 51412.3 represent?
@gsiva, Hi Thanks for asking a nice question , even i had not paid minute attention on how this figure is displayed . The calculation is as follows.
Initial Investment planned 50,000/
Risk Rs 500/-
Purchase qty 29
Profit 548.8 - 500.1 = 48.7
Total Profit = 48..7*29 = 1412.3
Amount at Target = 50,000+1412.3 = 51412.3
Amount after Target Profit Rs 51412.3
Amount after SL Rs 49507