Trade update !

Grasim - SL hit.

Indian Hotel - Sl remains 102 closing basis ( for agressives, conservatives already pocketed the profits market offered to them )

ABAN - Looking good. No wonder it fulfills our wishful target today. Only IMPULSIVE keep carrying with a trading SL of 807.
Logic told us a tgt of 818 ( see post dated 25 th june, not only tgt price but tgt period also mentioned ). Intuition told us a tgt of 880. Here, market suggests us a lesson. Always prefer LOGIC over INTUITION. Here is why experienced trader has a upper hand over a newbie trader. Experienced trader accepts happily what market offers whereas Newbie simply wants market to fulfill his wishful thinking. Please always find market as a place for logics rather than wishes ( wud come up with a detailed post on the same this weekend, dont miss out )

BEL - Doesnt look like breaking the downside level mentioned yest. Safe to have a SL of 1693 ( cost to cost ).

UTV - Agressive keep trailing with a sl of 401 ( trading basis ).

Even this is my 2nd week of blogging, today being a last day of month, would come up with a brief summary of my trades just to make my readers familiar with my trading style ( doing this would let me not go into detailed following up of my future trades ). This is 1 st reason i am not giving new trades, 2 nd being let them avoid over trading.

So keep SAILING HAPPILY as ever.

OM SHRI SAI YASH KAAY SHIRDI VASINE NAMAH !