pk29121976
Long

Long Ultratech cement

NSE:ULTRACEMCO   ULTRATECH CEMENT
cmp : 4170
Strict SL : 4150
Target : 4225


but will be sideways for coming 8-10 days


it did not reach your target and hit the Stop
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pk29121976 shiv2798
@shiv2798, please bro kindly check
what is the high of yesterday
its 4224
this much accuracy is enough for me
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sir please do not mind for my comment (I request you) stops are something which you can not keep the way you like , stops have to be considered based on many factors , i am not here to teach you , but at least i can give information you can understand at once , because there are many people who blindly follow all charts and take loss,
I will give one condition of stop i.e , Stock move in a day with minimum of 1 to 2.5 % up or down by closing basis if you are a positional trader using Day candle and for Inter day trading one have to consider the entire volatility , that is nothing but average daily moment in the stock it will be some time more than 2 % , this particular stock ADM ( Average daily Momentum) is more than 70 Points , so please try to understand where are you buying and how you have to place the stop , just do not say strict SL for few points which do not give any meaning and many times your stop will hit and the price will reach to target
Hope you will study going through all the members chart and understand more or try to take lesson form each chart
Regards
Reply
pk29121976 shiv2798
@shiv2798,
Shiv bro, thanks for ur very nice comment but let me correct u somewhere ....

1. Stops are something which you can not keep the way you like ...........
2. Just do not say strict SL for few points which do not give any meaning and many times your stop will hit ........
3. There are many people who blindly follow all charts and take loss ...... but nobody suppose to enter blindly based on others analysis.


Its not like i use whatever stops which i like and think .... my SL are very perfect based on my study.

whatever i explain in the chart is totally based on my study, but don't think that ur and mine study will be same.
what u study is totally different than mine.
kisi ki bhi thinking match nahi hoti bhai analysis main... as everyone using different indicators...

which indicator i use , what study i do..... i don't wanna prove right now.


but if u give time to think about my some ideas...then plz think about my

****************** TIME calculations ********************** which i mostly drop with every idea with SL



.........................................and one thing u note bro, i don't follow anyone.... so i don't wanna study what other members think and act...............

Regard,
Pankaj


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