Closure of certain Recommendations Provided on stocks Based on Technical Analysis
Any stock which has been provided with a “SPECULATIVE BUY” recommendation at a particular date, along with the ‘Entry Price’, Technical ‘Support’ and ‘Resistance’ levels can be closed either when a subsequent ‘SELL’ recommendation report later or the recommendation is closed driven by any of the automatic triggering events as explained below:-
1) ‘Indicative Stop-Loss (SL)’ Hits or 2) Resistance levels Mets or target Hits’. In all such cases, a ‘ SELL’ Recommendation Report is not published.
Also, the ‘Exit Price’ mentioned in case automated triggers can either be the
1) Recommended ‘Indicative Stop-Loss’ Level
2) ‘Resistance Level/Target Levels’ of the stock mentioned in the report at time of providing the recommendation as appropriate. In such cases, a reference notes as stated below will be mentioned in the Recommendation Report:-
Note: IN PREFERENCE to ‘speculative buy’ recommendations investors may evaluate for ‘sell’ position if the resistance levels Indicated above ( As per Technical analysis) have been met. However, this is subject to risk taking appetite of the investor and other factors as discussed in the report.
- Weekly Research Product: Research reports that are published weekly include Investor Report, Penny Stock Report, Resource Report and Technical Analysis Report.
Fortnightly Research Products – Research reports which are published on a fortnightly basis include Dividend Income Report, Gold Report, American Tech Report, etc. The Fortnightly Research Products aims to cover at least 2 stocks in a month.
Every year during the Easter Week, Christmas Week, and New Year Week, Kalkine Main Reports as mentioned above are not published. However, Kalkine Dailies are published during all the trading days.