Presently it is on a signal for a buy of 50%, above SL 49.6 and remaining 50% above 55.65 as of Friday close, if Monday low is > 50.
Buy as close as possible to SL, but not if low breaches SL. wait for reaction. Once entry is made, strictly follow SL, else down side could be unlimited.
Whatever be the entry have an Rs 2.5 SL trailing….. Abv scenario valid as long as SL is not violated. But once violated, will need to make new set up.
Bull power is strong, but bears have not given up completely….
Abe
From:
Sent: Sunday, May 30, 2010 6:03 PM
To:
Subject: RE: [sharetrading] RPOWER
| Sir I would appreciate your views for RNRL future ,specially Abraham Sir Sandeep
Abe sir, can one short nifty at cmp 5014. REPLY thanks From: A P Abraham <abrahamap@airtelmai l.in> Buy ID SL 153 CF SL 148. sell into next high Abe |
Happy Trading,
United we grow!!!
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