Hello i just checked your this recommendation & checked Cholafin almost reached 257.30 level after you recommend, i just want to know on your analysis can i buy future or option?
srikartiram
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@prabuddhasanchi, Please check your RISK appetite for the stoploss. Trading is a probability business not a certainty one. If analyze dint work 2% stoploss in F&O is almost 20000 to 25000/- per lot, according to me losing 1 to 2% capital on a single trade is a gambling. So you must have atleast 25 lakh to take this trade in F&O. Also you can't book partial profit in F&O's.
Money Management
Risk management
Position Sizing are very important for a trade
prabuddhasanchi
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Thank you for your reply, i missed this trade but if i am not wrong we could have initiated bull call spread on your recommendation