How to read the recommendations
by , 19-11-07 at 07:44 PM (535 Views)
Date 11/19/07 time 6.40 pm
Hi All,
this is how the recommendations have to be read. There are two pricec columns one which gives the close as of the day and the other is of the trigger. The days close is the pricee of the stock as it closed on the day this recommendation was sent to u i.e 11/16/07. This pricec has nothing to do with execution of the trade. The trigger price is the price at which u will buy the stock on the next trading day. The trtrigger price is the price as of the close, which means that even if this price is touched intraday u will not buy it at that point of time. This is done to ensure that u buy it only when it is closing above th said price or above. The nifty trrigger mentioned on top is another condition that will needd to be satisfied. The pricec given for nifty futures trigger is the price above which the nifty should be holding when the day is closing. There is one mroe condition which can be given out to people who are our clients. these three conditions togather go to make a kethal ammunitin at ur disposal in stock taking.
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