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Please find below the trading ideas for 26th February 2014, given to our clients before market hours.
|Index||Previous Close||Buy Above||Buy Target||Buy Stop Loss||Sell Below||Sell Target||Sell Stop Loss|
|Security Name||Previous Close||Buy Above||Buy Target||Buy Stop Loss||Sell Below||Sell Target||Sell Stop Loss|
|Larsen & Toubro Ltd||1087.9||1,091.3||1,102.5||1,083.5||1,083.2||1,073.3||1,092.3|
|Instructions for Trading:|
|The levels provided above are Spot levels and not Future levels for both indices and stocks and are only valid for intraday trading. By following spot levels one can initiate the trade in futures market|
|If the trade is initiated either side, follow the stop loss strictly|
|If the target or stop loss is hit, advise you to book Profit/Loss immediately. Less risky traders can also book profits early|
|If the trade is initiated either side and either target or stop loss is not hit or triggered on a particular day of trading, then square off the trade at the end of the day and do not carry any of your positions in the above recommended trading ideas as these are purely intraday levels|
|If the indices/stock opens above (buy level) or below(sell level) the levels, it means either side trend in intact and should trade with strict stop loss though risk reward changes. Risk-Reward for all the above trading ideas are different so strictly advise you to trade according to your risk appetite.|
|After the target is achieved either side of the trade and if the market comes back to the trade level again understand the trend first and trade accordingly.|
Note – All the above trading ideas were provided to subscribed clients before market opening on this particular day of trading.
Disclaimer: The trading ideas are purely a viewpoint of the blogger and there is no guarantee on the returns. Hence all the visitors are requested to apply their prudence and consult the financial adviser or the blogger at email@example.com before acting on any of the above recommendations. Trading any financial market involves risk. The contents of this blog are neither a solicitation nor an offer to Buy/Sell any financial market. The contents of the blog are for general information. Trade at your own risk and the blogger is not responsible for any loss occurred on trading in above ideas. Trading carries a high level of risk, and may not be suitable for all investors. Before deciding to trade you should carefully consider your investment and trading objectives, level of experience, and risk appetite.
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