This is how retail investors are against FII/DII/HNI's. Risking their capital for a small chunk of profits.
Hello friends !
SP. MENTION - Our trades/discussions/queries are continuing through the comments section of recent/last post, till new post is done.
My updates got affected due to virus in my pc. Here is a short summary of my trades.
Unlike others, I wud like to mention the failures first, as they are not only the failures, but lessons OR our milestones to path to success.
WWIL - Stopped out.
Nitin fire - Stopped out.
Concor - stopped out.
Sintex - closed, 2b initiated again on a break of 348.
Ramco systems - stopped out.(initiated & stopped out on same day, played4low risk)
One thing is certain, few stopped out trades have ruined my reputation earned in last 9 weeks. It seems my readers are disappointed with the no. of failures, but then they need to understand that such phase comes only 2wice or 3rice in an year, which keep taking sl's of one side ( discussed this thru comments section ) & also that all these trades were a result of a series of low risk bets which we were attempting, as it was almost certain that markets are bound to reverse, & this point is proved by my following successful trades. Also, such 1-2 % lost in few failure trades can be compensated by 12-15 % we make in our successful trades, if we remain consistent & disciplined.
INITIATED THIS WEEK -
R power - Picked @ 151 ( low made 150.7)
Jindal saw - Picked @ 198 (low made 197)
Resurgere minerals - Bought @ 71. SL below 68.( low made is 69)
Ramsaroop - Bought @ 60, to be squared off on friday.( picked bottom, low made 58.45)
Tata power - Again bottom picked ( asked2pick between 1220-1215) low made 1207.
Tech mahindra - picked at bottom @ 638 ( low made 634)
Jyoti structures - Picked @ 137.( low made 133.5)
Thinksoft - picked @ 117 (low made 113).
Emami infra -Wud not be included in performance report, since, i did not initiated a call on it, although i had clearly mentioned about it to be included in the list of the stocks, which wud be seeing huge upsurge, when markets rebound.( this one also picked at bottom )
Ashapura minechem - This was also discussed in comments, but trade not initiated. But, we were successful in picking up the bottom.
Mcdowells - picked up today @ 1525, whereas yest. eod had mentioned, to pick it up @ 1510-1525, when it was trading @ 1555.
Emami infra & Ashapura wont be included in my performance report.
Thinksoft is a risky junk stock, i wud like readers to take off quick 12-15 % from the table & exit, since i believe in next 3-4 months, levels like 70-80 can be seen in this counter.
Tata power, r power, Mcdowells, jyoti structures, tech mahindra, jindal saw are good counters & picked @ bottom. Also i am expecting good upsurge in them in next 3-4 weeks. Keep trailing all of the above with TSL for the tgts mentioned in our earlier posts/comments.
Ramsaroop has to be booked above 72 partially to be carried for levels like 79-82 to be booked fully.
Caution to be applied in resurgere, but, if 68 remains protected, then 85 + levels are certain in it. So, keep trailing.
we are due for a euphoric move & all profits should be booked if euphoria is seen. Any way, 20-25 % profits within 2-3 weeks is not bad, so, look to lock that.
Here is a Sai bhajan, Since, this is a Sai vaar today.
http://www.4shared.com/audio/6ohjUfRw/BETI_CHALI_SASURAAL.html
This bhajan is for a Father in all of us.
Happy Sailing.
Om Sai Ram
P.S. -
A request to all of the followers of my blog list -
Please send me a mail on Stockngains@gmail.com, with the following information-
Name as a follower
Real name - Not compulsary
Age
Location
Name used for comment section.
Twitter id - If available
Yahoo messenger ID
Whether added to YM with me or not.
This leads me to identify my followers in my yahoo messenger list easily. I am also in process to provide some additional/exclusive benefits to the persons listed as my blog followers.
Although, followers who have already sent their informations, need not to resend. They have already been spotted on yahoo messenger.
This is the 3 rd time i am making this request. I hope i am reaching with this request to all persons concerned.
