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What is profit booking in share market?
Profit booking does it mean selling all quantity or selling few quantity. Lets say 100 shares buy price @350 so Rs.35,000.Now suppose share is at price 1000. So Profit booking means selling all 100 shares and get 65,000 profit or selling 65 shares so that principal amount of 35,000 remain there in form of shares.
5 Answers
- Anonymous1 decade agoFavorite Answer
'Profit Booking',' Booking a Profit, 'Book a profit' all simply mean to 'do the deal' to close it in profit. It harks back to the time that the deals were recorded in the brokers book/Ledger.
It also applies in losses 'Booking a Loss' 'Book a Loss' etc where a loss would have been recorded in the 'Book'....you juts hear that expression less because nobody likes to admit that they 'Booked' a loss!
Source(s): http://www.tradersdaytrading.com/ - Anonymous1 decade ago
You buy share and sell the different is profit.
- 1 decade ago
Many profit to shutting your open on all sides as well as consequence profit.like this:
1. if we bot a share as well as a cost is some-more than your buy sell it as well as we consequence profit.
2. if marketplace is steady, we wish to lift brazen f&o poistion, sell during tall as well as buy subsequent month destiny during reduce rate as well as book profit.
3. if reduced f&o on all sides lift forward, buy during low as well as sell during aloft subsequent month future.
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- Anonymous1 decade ago
Buy Any IPO