Stock trading is purely a business for the people who want to invest in multiple companies for long term financial growth and also for the people who want to make money in short term with the proper technical analysis.
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Hi,
This is one of the method to set a stop loss level. (Support & Resistance Method)
Historically, it has been observed that price of stock starts falling and suddenly halts at particular support levels. It is always logical to set Stop Loss immediately below these critical support zones.
I understood the stop loss concept while placing the buy order,
but my question is, suppose i bought 10 shares of SAIL yesterday and today is it possible for me to place a stop loss before i sell in the future ?