Good Queries Are Always Appreciated, So Feel Free To Voice Any Doubts You may Have.
Anyways, Coming To Your Query About SL-1 & SL-2
a) It Is Always Advisable To Follow Only One Of Them.
b) If You See A Particular SL Above The CMP, Chances Are The Price May Open With A Gap Up, Thus The Higher SL
c) If On A Particular Day Both SLs Have Triggered & The Following Day It Is Still On BUYHOLD, It Is Probabaly Due High Relative Strength Which Means Chances Of Going Up Probably Outweighs The Downside.
If I Have Missed Anything Let Me Know.
Happy & Safe Trading
SavantGarde
Anyways, Coming To Your Query About SL-1 & SL-2
a) It Is Always Advisable To Follow Only One Of Them.
b) If You See A Particular SL Above The CMP, Chances Are The Price May Open With A Gap Up, Thus The Higher SL
c) If On A Particular Day Both SLs Have Triggered & The Following Day It Is Still On BUYHOLD, It Is Probabaly Due High Relative Strength Which Means Chances Of Going Up Probably Outweighs The Downside.
If I Have Missed Anything Let Me Know.
Happy & Safe Trading
SavantGarde
Got your point but wht if both the stoploss trigered....we hav to make fresh entry once again..?
regards
Pankaj