Rajandran R Follow Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in

Marg Construction – Hold – View from Market Calls

March 22, 2008 20 sec read

BADRI PRASAD | 03.21.08 – 4:02 am |

I HAVE 500 MARG CONSTRUCTION @588.AND CMP IS 261.WHAT SHOULD I DO? HOLD OR SELL.MY COST WILL COME IN NEAR FUFURE?

Rajandran | 03.22.08 – 7:57 am |

Hi BADRI PRASAD,
Marg Constuction is having support at 250. Defenitely Marg Construction is a hold. Below 250 one have to sell below 250. Below 250, 150 is possible no intermediate support is seen b/w 250 and 150.Now the stock is almost oversold.So better keep a stop loss at 240.

Regards,
Rajandran R

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