Main 55 High stock update
Training Video
Summary
1. Buy the recommended Share up to 10,000 Rupee
2. Watch the profit percentage.
Book profit partly
Trial SL
3. You can try intraday against this low price holding. Sell on 1 % less at the market beginning, when reduced buy and if increased then hold
Simple way
We have the share bought before in 100 and now the price is 105. We have 5% profit.
In intraday, we will sell at market opening 1% less of the market price and will book the profit by squreup buying. And our positional holding will be the same.
In case the market goes up and the price increase, that case we will sell from our positional holding, which we already have profit, but our positional holding will reduce.
Q&A
Q
Thank you for the video! Didn't quite understand the 3rd point -1. If the price goes up so we'll be losing in the sort position but gaining in the long so after5% of the stock going up we'll be in net loss. 2. How can we convert the short position to delivery as we can only short in intraday or futures. Explanation needed sir!
A
No sir 1. Our selling point is already in 5 percent profit so suppose your buying price is 100 you simply sell It. Intraday at 105 at the end of day if stock price is 120 you can convert mis to delivery means you give your holding share where you already earn inr 5. and in alternative method cover your intraday position in 15 rupee loss and sell your holding at 120 overall you got 20 rupees in holding and 15 rupees loss in intraday so you have total 5 percent or 5 rupees net profit 2. If you unable to convert intraday short selling in delivery use alternate method means cover your position in intraday and sell your holding in CNC
Turtle Trading Strategy Buy 55 Day high and sell 25 day low
Reviewed by saudipolycon
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