Will not buy this stock now. Will think of buying it above 500. Dont add to your positions. Markets could tumble and this will break the back of the scrip.
Thank you very much sir, It`s really go down. I Sell @ 490, but 1 future is hold because it`s buying price is 535, so please tell me what is future tgt ???
Markets under the cusp of the bear rally over the past 6 months. That bear rally is over. Good that you unwound at 490. 490 was a technical trendline intersection point. Bullishness in the stock has been negated by the move under 490. If it breaks 475,the cut will get deeper. Cut short your losses by getting out at whatever price available.
Price : BSE: Rs 305.70 ( -3.01 % ), NSE: Rs. 305.60 ( -3.28 % )
Hi All Boarders,
I post below few msgs posted by me and replied by boarder RETROBROKER about Jayshree Tea. (This share was recommended by me at 75/-).I would like from all of you your views and comments on these msgs. Thanks.
VKK43
quote
Posted by: vkk43 on ( 14-Apr-09 10:21 )
Price : BSE: Rs 121.25 ( 10.88 % ), NSE: Rs. 77.50 ( -6.91 % )
The underone of the share is firm. Still Hold.
can u plz share how u can say the undertone is firm for jayshree tea.. just becoz a stock is going up does not mean undertone is firm.. technically this is overbought i see all ur posts u have said the same thing for all stocks - UNDERTONE IS FIRM - HOLD --- plz do not mislead.. i think this is a good time to book profits in this counter even thought this might move upto 140 level.... markets can correct anytime.
1 replies to this message
Posted by: retrobroker on (16-Apr-09 11:48 )
as i had said..plz see my post below yesterday - i had given sell and book profit call while u were saying undertone is firm...see the way it has corrected almost 10% today - plz do not mislead and tell boarders to hold when this stock has already rallied so much and its better to book profits .
i thought u had left this board ??? anyway i entered this at 160 levels again..to ride the wave to 270 odd...also please accept ur call had fired in this counter then...as it did correct from 130 - 110 levels..... and if u have left the baord plz do so....atleast i for one dnt need your calls.
i request you to stop giving calls on jayshree tea...upside in this is capped at 350...stop duping retail iinvestors who might read this post of urs and invest.. i wonder why u are back
1 replies to this message
Posted by: greatestmj on (23-Oct-09 22:26 )
yea so try and time this ...is that wat ur trying to say.....better to leave the last 10% i had invested in this last yr at 119 levels and averaged at 75 levels....i believe i have a fair understanding on the technicals and would recommend a sell in the 340 band...
unquote
Is it worth to keep such a big stop loss?buying at 535 stop loss 470 means huge lossof 50000 rs for investment of 70000rs???I donot have idea about this stop loss logic i made big loss after tading without stoploss now i follow strictly 10000 rs loss as stop loss this will help at least to save our capital as we small investor having very small margin money always but keeping small stop loss results in hiting frequently
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