Hello friends
let us quickly go through the trades we are tracking.
Aban - Trading above the range mentioned for agressive. Ideally if B/O occurs, should not fall below the b/o level. Agressive keeps an SL 725, conservative 746.
Indian Hotels - Continuing with HH/HL series, SL below 102 seems ok for now.
Patni - Made a nice lil low of 486, still on our radar but not an immediate buy.
IGL - Would wait for it to come down to a level below 240-238, or simply leave it.
BEL - Bought, keep a SL of 1670 on trading basis.
Grasim - Bought, keep a SL of 1780 on trading basis.
MRPL - Had mentioned it friday on I lango sir's blog, i hope somebody followed, here is the link.( did not mention here, now its too late to jump into the trade )
LINK-http://tradeinniftyonly.blogspot.com/2010/06/nifty-intraday-update-i_25.html
( SL's are matter of not only one's comfort level but risk apetite also, keep tracking your profits with a TSL keeping above 2 factors into mind. ALways cut the losses & let the profit trail. )
Would come again later to all of you, whenever something needs to be mentioned, till then HAPPY SAILING.
Trading quote 4d day - Never apply 2 different theories for d same trade, you wud end up only guessing about your sl & targets.
OM SAI RAM
5 comments:
Please mention @ what rate you bought BEL & GRASIM
hey aniruddh
thanks for tracking my trades.
3 reasons for not telling u the rate i bought
1. as i dont personally recommend somebody to copy one's trades( b coz everybody has got his own trading style, risk apetite, capital infusion ability ).
2. if u go through my current & earlier post, u wud know the exact rate @ buying was recommened.
3. i actually did not buy it, its assumed its bought since it went through the levels i mentioned.
i hope my point is clear
Crystal clear thank you!
aniruddha
please go through the following link ( for bel )
http://tradeinniftyonly.blogspot.com/2010/06/nifty-intraday-update-ii_11.html
Thank you Rochak.
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