This blog is very practical, until now we have discussed to collect the following information pertaining to a stock.

Let's take a live example of  #Axis Bank on 31st May 2023

The high of the day was 939.90. we note this along with the low =910.20

We take a buy at 940 for which we had to wait till 5th june 2023 and after buying at 940 with a stoploss of 910 the stock is in profit from the day we bought it , it closed at 950.85 on 5th june. we now stand at a profit as current price is 974.75 . the profit is 34.75 per share (974.75-940),  percentage is +3.69% as of  today 11th june 2023.

We can hold on with the stoploss of 910 in place and wait for a target of 30*2+940 = 1000 

Rs. 30 being the loss amount per share so our target should be atleast twice the risk we are taking that is 60/- from our buy price.


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# how to make money in stocks, # stock trading , # trading ,#money # examples # practical