Need a strong reversal signal from here with filtering to go for a long trade with good R/R ration..
Buy low and sell high..
My advise to you is that you need to keep a SL - and never marry any stock, emotionally!! As stocks are stocks, anything can happen.. once it closes below your SL target, you need to get out.. full stop.. you can always buy it when the opportunity comes in future.
Sorry once again. I will keep an eye on this one, as soon as there is a possible reversal sign, i will inform you immediately.
Agreed, should have kept stop-loss, but Subex being a low beta stock wasnt moving much either ways with nifty correction, however, the unexpected happened and it slipped below 8/- in a single day! :( So yeah, that's true - never marry a stock.
Just hoping if I'll be able to cover my buying cost and exit. Subex results might also help, perhaps.
PS: Other than this, could you please check the chart of Chembond Chemicals and GSS Infotech? Holding GSS since 48 levels and Chembond since 335 levels. Can you see something special going on in these two charts? Thanks in advance.