Comment on Single Candlestick patterns (Part 1)

saranyaa commented on 13 Mar 2016, 03:52 PM

HI Sir – Your explanation of the concepts are very easy to understand in the first glance. Thanks for such a wonderful article.

I have a following 2 doubts –

1) I find that a company “A” qualifies for the trade as per my analysis, is it possible to buy the share of company “A” today and sell tomorrow (T + 1). I am asking about trading in equities.
If so, How does the settlement happen.
Should I buy the share only in cash? or does Zerodha offers margin to trade?
Also is it possible to sell the share after 2 days? I am asking this as the settlement of a trade takes after T + 3 days..

2) Suppose I Buy 500 shares of company “A” for Rs.100. And I am setting the stop loss as “90”.
My target is not reached today and even stop loss is not triggered. So I want to continue holding this position.
On second day, do I need to specify the stop loss again and target again?
If thats the case, assume the company “A” opens the next day at Rs”85″ which is below my stop loss. can I control this?

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