Sir, do you keep Stop loss (mental or real) for your long term holdings? Do you take exit call based on chart even if Business is Fundamentally Strong? If yes what is your stop loss criteria for long term holdings?
Problem with me is I keep mental stop loss for my long term holdings based on weekly major support and resistance and mark them on charts. But during this kind of market correction majority SL get triggered and I take exit call. And the next day stock bounces back very sharp. Some time we miss good entry price. Ex Sandhar Technologies: SL was at 369 and got triggered since last two day and I have exited. I will take entry again if Stock Breaks Out from Green Line (375) .
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