Its been a while..........

Hello friends

This is not my pic. This is SHRI SHRI SHRI MANOJ JI PARASHAR, A Sai devotee, who is 24 hours in the service of SHRI SAINATH. He is from indore. Please go through the Tilak on his forehead. He used to visit Sai bhakts on their request to perform Hawans/poojan. During one of the visit @ Sai bhakt niwas @ dewas, he was greeted with a KANKU CHAWAL TILAK on his forehead. U can all easily view SAINATH arrived in the tilak of his forehead. SAI BABA is in Bhagwa vastra, his right hand is raised up to bless the devotees & his left hand is holding his kurta. His feets are also clearly visible in this pic.

To learn more about SAI CHAMATKAR, please use following links :

http://stock2gains.blogspot.com/2010/07/i-would-stop-blogging.html

http://stock2gains.blogspot.com/2010/07/chamatkar-ko-namaskar.html

SPECIAL MENTION - Readers are kindly requested to post their query/suggestions/comments only through the recent post i.e. the current or last post. Ur comments posted in the earlier post may be missed to be attended.



its been a while that my blog is updated through a post. Thanks to my own health related issues/virus in PC etc etc. The period left out has been quite eventful. Not only i started tweeting, got myself a yahoo messenger ID, but trade updation was also carrying through comments of the recent post.

Well, let me put up the trades, which we had, during this period, just to put them on records. Although, this might seem like repeatition to my friends, but please dont miss this. U might miss some important information.

FIRST THE TRADE, WE WERE CARRYING WHEN I UPDATED A POST LAST TIME :

Reliance industries - As expected, hit 970, we squared off @ 972. Gained 27 rs. Not only that. as expected reliance hit 962 also.

Nitin fire - It can easily be termed as most shocking trade, since we started blogging. It took support thrice @ 342 as mentioned by me, to take it out finally. We stopped out but lost only 2 %, even if it remained the most shocking trade.

J & K Bank - What say, bought @ 797, did nt even dip single re. then asked to book partially @ 823 to carry the rest for 848/864/894 as final tgts. it took only 3 days to gain 12 %, hit exactly 894 before giving off its gains.

Biocon - as expected never looked back once 323 was crossed, asked to book fully above 346, high made was 346.5, before it dipped to 329. A whopping 7 % gains.

Vishal retail - A re entry was advised below 53. Low made so far is 52.8. It remains an agressive trading buy, if anything below 51.

PFC - We booked twice, between the range it made, finally sl hit.

Orient papers - Maintain a SL of 55.8 on ur re-entry. To be booked 75 %, if not fully above 62.

WWIL - This trade conveys sweetest trading lesson to us. Why did we buy something 5 % above our SL. although i was sure 14 is not gonna hit ( it actually did the same, bounced off from 14 itself ), but it was really painful to see it dipping to 14. But can u really buy the bottom or sell the top. U can never buy @ bottom & sell @ top. & then if our SL was 5 % deeper, our tgts is 20 % higher. So, what i am trying to convey is, be consistent to trade, keeping risk reward ratio in ur favour. Never trade for a risk reward ratio like 1 : 1. So, if we awaited wwil to go 5 % below our buying level, we wud wait (offcourse with a TSL), to book it at least 12 % above our buying price. Once, 15.8 is crossed, TSL of 14.4 can be placed.

KEI industries - To be booked above 36, to re enter below 33. Keep trailing now with a sl below 31.2. Final tgt remains at least 37.7.

Sterling Biotech - Seems massively range bound between 105 to 111. Once 111 is taken out, all set for 117-118 kind of levels. If lvls like 121-123 are taken out convincingly, then 138-144 is on the cards, but that will take time. For now, keep maintaining a sl below 105. It is treating the lvl of 105, in the same manner it treated the lvl. 90 in last 8 months or so.

NOW ITS TIME FOR THE TRADES WE INITIATED AFTER THE LAST POST :

Asian paints - Shorted @ 2685, covered same day @ 2648. Then shorted @ 2675 to be covered @ 2615 kind off levels. Finally hit our SL placed @ 2704. Gained more than 60 Rs. before getting stopped out. Convincing trade, daring trade, since we shorted the GREAT ASIAN PAINTS.

Canara bank - Asked to short on a break of 500, which did not happen. Trade not initiated.

OFSS - Bought @ 2072, stopped out @ 2065. 1/3 % loss.


Ramco systems - Buy suggested @ 104, but asked to square off cost to cost, since, it is trading on very dissimal volumes. A buy is suggested only when u see NSE volumes over 8000, any day, uptill 1 pm, preferably above 107 only.

Ankur drugs - Initiated @ 115, asked to book @ 127. Then asked to re enter @ 118. Now, keep sailing with a TSL of 117.8 to be booked fully above 135.

Ramsaroop industries - Asked to buy @ 81-81.5. Then it made a high of 89 & finally hit our SL of 79.7.

Financial tech. - Asked to buy close to 1395, Low made is 1401, i hope its entered. ALthough, its structure is positive, pl. maintain a strict SL below 1400, since it has risen a lot from 1190 kind of levels. We wud look for some better opportunities later, if 1400 is hit.

Astra zen - This is a defensive bet. Low floating stock, That s why asked readers to sqaure off their positions. Since, VPT ( volume price trader doesnt hold a stock which ends the day near their SL, to neglect any possibility of hitting the SL through a gap up/down. Re buy it early morning on monday without asking maintaining the same SL. Please avoid if it opens below 1208.

Indian hotels - Has taken a b/o, but v wud patiently wait for a dip below 102 OR a volume eruption above 109 to take positions.

HEIGHT OF CONFIDENCE :


Ankur drugs - Very rare times, u wud find me recommending a trade without a sl, ( i placed a SL later on the request of saibaba ) & using a word, " BUY AGGRESSIVELY " in a recommendation. See the results, 10 % gains instantly. Not only that it respected all our levels. ( high made 128, low made 116.5, then did not go below 120 & could not score above 130 )

Asian paints - Boldly ask to short asian paints. very few analyst wud dare to do that. Then asked to book some near 2640 ( low made 2645 ), clearly advised, more weak only below 2604, which it did not break finally.

Astra zen - Sl suggested below 1210, so far is stopped at 1210.

Ramsaroop industries - i hope, u people remember, EOD @ 17 th aug.when it was trading @ 83.45, i clearly said, buy ramsaroop close to 81.5 next morning. Low made was 80.1, it rocketed to 89 same day, to give us 10 % gains intraday.

Financial tech. - Asked to buy close to 1395, low made is 1401. Howzatt.

( NOBODY IS PERFECT IN SHARE MARKET the fact i am putting up before u, is current status, they might change on monday )

Well, jindabooni & vvvvv have raise the issue of timely intimation of blog updation. Following suggestions are given :

1. Be in blog follower list - that not only intimates updation of the blog. But, i am seriously thinking upon providing some additional benefits also to the members registered in my blog's follower's list.

2. Twitter ID - Have started tweeting, my twitter id is stock2gains. U can also be a follower there, as soon as a comment is added or blog is updated, i dont forget updating there.

3. Yahoo messenger - My yahoo messenbger id is fox4stocks.

4. Subscribe to comments - Click comments on any post, u wud find a link. Subscribe to comment through e mail. Enter ur e mail address there, as soon as any new comment is added on my blog, google sends u an e mail.

I hope, this issue gets resolve now.

One important fact : i hope, my blog readers appreciate the fact, that nobody is perfect in share market & cant produce a 100 % accuracy. On my side, i commit my blog readers a sincere & honest effort to stock analysing through my own derivation ( VOLUME PRICE TRADING : VPT ).

Although, this all may seems quite repatitive & boring to few readers, but cant help it, since, i am writing for those readers also, who dont go through comments section.

Well, one issue of too many trades was raised by VVVVV & SAIBABA.
To answer such objection, i must say that my readers should understand that different trade initiations have different time periods ( although, 4 % rule applies to all of them ). + there is profit booking & re entry also. Then somebody likes holding for 3-4 days, some for 5-7 days. Then some have MTM issue also. Then there is an issue of personal choice also, sector choice etc etc. Then u must understand, that all are not old readers, new readers also keep coming to the blog. There must be something interesting to them also. Otherwise, this blog wud have been so boring for the new readers in the last 8-10 days, if somebody wud not have gone through comments section.

I hope this issue also gets resolved.

Well, an important important very important lesson is to be learnt from ramsaroop industries for my readers

We initiated a buy below 81 to see levels like 88.9 same day. Wasnt it too handsome a profit to be lost, gained intraday. Then u saw, it not only broken its intraday low, dipped upto our buying price, took out our stop loss but also dipped 10 % below our SL.

LESSONS LEARNT -

1.- 4 % rule really saves us from not only a disaster, but also finishing a trade in some sort of profit, instead of booking loss.

2. - Along with 4 %, we should also learn to place a sell order @ 10 % from buy recommended price/bought price, so that our holding price reduces in too shorter a time frame, if by chance our scrip act violently. So, 50 % @ 4 %, 25 % @ 10 %, what say, as soon as we buy it.

3. - We will make it a habit, not only to place an order @ 4 %/10 % & SL same day but everyday early morning, b coz, we wont want to loose such an opportunity due to which all our profit making opportunity is lost.

4. - only thing, which is certain in stock market is its uncertainty.

I know, it has been quite a lengthy post, but newly landing readers were also to be addressed, that s why.

I wud be adding the SAI CHAMATKAR, in the same post as an edited element. I hope, its being attended.

HAPPY SAILING

OM SAI RAM