Shree,
Everybody is having different rules for their entries and exits(STOP and PROFIT TAKE). It is nothing but their trading Strategy.
I do have some rules for Entry and Exits.
I do not use any software for buy or sell. I just go by Price charts (only candles .. no indicators and no moving avg also)
I am still learning and trying to improve my mistakes.
In my reply on 19th November 2013, 08:27 PM to you I have told you first you need a trading system. Everybody can have his own trading system depending on what suits himself.
Somebody suits INDICATOR Based system, some use MAs in their trading system.
You can explore your own.
Thanks and Regards
Sach