Q.Dear Ragav, I am holding 250 Garden Silk Mills at the cost of 38; while I am sitting on decent profits, pls suggest a suitable trading stop loss for the near future as I need to sell before Diwali.
A:Keep a stop loss at 45.The stock faces faces resistance at 46.5 levels. Abaove 46.8, it can touch 47+.Book profits at 47, if the trailing stop loss is not triggered first.
--------------------------------------------------------------------------- --------------------------------------------------------------------------- -----------
Q.I have not received the bonus shares of Reliance Power, I have already mailed to karvy, but no response.Please advise.I was alloted 17 shares in the IPO.
A:There are still hundreds of unresloved applications in this IPO/bonus issue.Forward me the complete details of the application along with the mail you have written to Karvy.Upon receipt of the details, I will take up the matter with Karvy and try for an early resolution.
--------------------------------------------------------------------------- --------------------------------------------------------------------------- -----------
You can mail your queries/questions on adv...@raghavs-picks.com
Yours truly,
Raghav @ Raghav's Picks
