ITS A JUNGLE OUT THERE & ITS U WHO S ON THEIR HUNTING RADAR.........................

ITS A JUNGLE OUT THERE & ITS UR MONEY WHICH IS ON HUNT.........................

Friday, November 12, 2010

Trade updates !

Hello friends

Its high time now, nearly 15 days that i could not update on our ongoing trades. Not really getting any time for that due to my own busy schedule.

2 weeks ago, i had given list of few stocks along with the trends in which they are in. Few did exactly like i mentioned, few chose to move oppossite to the direction i thought. Few flew off & few stopped out. Its time now to track them.

TRADES WHICH STOPPED OUT

Canara bank
- Lost 2 % in short trade.

Power grid - Bought @ 99. Lost 1.5 %.


Reminding the whole list again, so as if anybody miss that post, can eye all of them in the one go.

Gammon india
- Our buying range was 197-196. Keep trailing with a SL below 193.

Inox- Had a nice ride from my mentioned level of 70 to 77. Solid support now @ 72.

Hind motors - I had a reco to buy @ 24. Zoomed upto 28 few times now.

Nagarjuna construction - Shorted @ 159, had a 10 % ride to 144. Keep trailing.

Mindtree - bought @ 508, keep trailing with a SL below 498.

GVKPIL
- bought @ 42.25. Huge supports @ 42. Went for a ride to 47.

Powergrid - Stopped out @ 98. 2 % loss.

HOPFL - v cud buy only 65 % of our desired quantity. But what a move upto 80.

Sterling biotech - Bought @ 107. Moved upto 114.

Satyam computers - Bought @ 79. Move to 91.

GIPCL - Agressive bought @ 113. Moved to 122.

R power - 220 CE bought.

Seamec -
Bought @ 154, Sl below 146. Risky but sure.

Jyoti structures
- Bought @ 132. Gave a move upto 146.

PTC
- Bought @ 130. Gave a move to 146.

DCHL
- WOW, bought @ 125.4. Moved to 150.

Tech mahindra - Bought below 730.

Tata power - Agressive players bought @ 1382. Our SL is below 1367 & it kept reverting from 1370.

Torrent power - Shorted @ 313.

Jindal saw - Huge supports formed @ 210-208.

Fcs soft - BOught @ 1.7.

Essar oil - Bought above 148, moved to 162.

Suven - Bought @ 28. Moved to 32.5.

ALL OF THE ABOVE POSITIONS ARE A HOLD, & CAN SHOW A MEATY UPMOVE IN THE NEXT INDICES UPMOVE. SO, i did not give any targets. Even some scrips showed a move like 12-15 %.

I ALSO PROVED MY POINT.
That, 1-2 % losses ( my losses in stopped out trades are always less than 2 %) made in stopped out trades can easily be made out by successful trades. ANybody can see that my successful trades have shown a move of minimum 5 % to 20 % even. So, b disciplined, systematic & ABOVE ALL CONSISTENT.

OTHER TRADES which did not materialise

Unitech - Did not come to our buying range.

Piramal health - we kept waiting to short it above 500.

Petronet -we kept waiting for it to come down to 108-105.

Hcl tech - 2 b bought above 448.

As mentioned earlier, i may start my services on yahoo messenger, most probably monday onwards.

So, this weekend wud be last opportunity for those, who interested to be included in my yahoo messenger list.

HAPPY SAILING

OM SAI RAM

1 comment:

rochak parekh said...

Dear rakesh

GDL - Ur query is about keeping it an investment. Fundamental is what, i least know about. So, cant say. But, i can tell u about the trend. Its in a downtrend. Please use a bounce upto 117-119 to liquidate ur positions & buy it only above the recent high of 128.

Dear CM

Mrf is in uptrend, but since it has run a lot recently. it wud have to consolidate, i suppose between 9100 to 9600 before an upmove. So, play the range or keep holing.

dear Jitendra

Jubiliant life - I had a buy call in this scrip @ 326 with a SL below 324. As & when it broke 324, it kept going down & down & down. a relief rally which helped this stock to trade upto 340 was only a reaction from oversold territory. I wud request u to liquidate ur positions.