On Monday, 62 Stocks Hit 52-week lows on NSE. The stocks were including Alankit, Antarctica, Assam Company India, Burnpur Cement and Engineers India.

List of stocks those touched 52 weeks low on NSE today are Bharti Infratel, KCP Sugar and Industries Corporation, Manpasand Beverages, Mangalore Refinery and Petrochemicals, NCL Industries, Tata Power Company and Vedanta. Headline indices Nifty and Sensex ended the day in the negative territory after a choppy trade owing to losses in a majority of sectors, led by metals, bank, IT, capital goods, consumer durables, and telecom. However, gains in oil and auto stocks kept the fall restricted.

Traders and technical analysts require knowing the previous low and high prices of the stocks in order to predict the future prices of the stock. To serve this purpose of them, a 52-week range was introduced. The name itself suggests the working of this indicator, as it reflects the low and high range of the stocks at which the same stock has been traded in the previous 52 weeks. Technical analysts of Money Classic Research compare present stock price with previous 52-week range to get a view of how the stock is doing. It also indicates the fluctuation of the prices of the stock in the market. However, with this information analysts can find the future potential range of the stock and the volatility of the stocks through which traders can obtain accurate stock future tips and equity tips. You might think that only important factor to be a successful trader is just finding a better indicator, more accurate entry signals or worrying about stop hunting and unfair algo-trading practices. However, this is not correct. Following are some of the factors that you need to focus in order to do a profitable trading. If you do not have proper knowledge about risk management techniques, then you may not book profit. Hence, it is important to understand how to manage your risk. You must also know how to size your positions and create a positive outlook for your performance. Follow the following tips in order to be a successful trader.

Think where you will like to place your stop loss and take profit order before itself when you spot an entry signal. Measure the risk: reward ratio, when you have identified reasonable price levels for your orders. Suppose if it does not match your requirements then you must skip the trade.

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