Update : Trade 1: DIVISLAB

Original Link: http://mvrfuture.blogspot.com/2010/02/trade1-divislab.html

Do I need to Square Off/Hold?
Technical Indicators:

1. Markets will be range bound with negative bias.
2. Montly Stoploss: 609, Weekly Stoploss: 608, as per pivots.
3. Open Interest Increased in Futures.

Fundamental Indicators:
1. Results were below expectations.
2. Long term (more than 6 months it is good stock)

Verdict: Hold the stock as long as it is above 609. And sell when it goes below 608.

Trade1: DIVISLAB

1. Entered without following rules.

2. Entry price: 627

3. Lot size: 620

4. Targets: 633, 645

5. Price SL: 605 - Weekly pivot. Time SL: 1 week. Already 1 week is complete.

6. Holding period - Current Week.

7. Minimum Profit - 6 points, Rs. 3720, <>

8. Maximum Profit - 18 points, Rs. 11160, <>

9. Amount Invested: 77,748