Thursday, January 10, 2008

sonasofware

looks good in chart
cmp :54
target :74 & 100
sl : 49 (trading below49 for more than an hour or a closing below 49)

1 comment:

padiyara said...

With the present scenario in the market I am afraid that sonasoft may also hit the stop loss. One who invested must exit if the stock tarde below this price for an hour or close below 49 But a stop loss is a person’s comfort level to exit from an investment when it turn in to loss. It depends on your time frame and target. For smaller time and target, the sl is very tight, but one can keep a much lower sl for a long term investment.
For ex: in this case 46.8 is the nearst support and consider as a lower sl.
padiyaraa

Gann Date combination for Nifty from 7511 bottom on 24.march 2020

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