Sunday, November 1, 2009

Last few day's trades

As usual, traded most of the last few days with favorite stocks SBIN and JPASSOCIAT. Most of the times my entry point was right. But, failed to capture maximum gain due to lack of patience, weak strategy and sometimes due to too much market volatility.
Such trading won't fetch any substantial gain from the market. After so many years, I am still short of acquiring that master art of dominating the market.
Still, I do hope, no sooner than later, I would start to make profit reasonably and frequently.

Wednesday, October 21, 2009

Today's trade

Market opened with weak note. Initially thought Market would not go down any more and recover subsequently. Firstly, traded long with SBIN and then looking some profit booking tendency traded with JPASSOCIAT.
  1. SBIN: Entry point ( 2435) was good. Captured some gain before coming out of this trade at 2444 seeing some profit booking tendency. If I could have reversed my trade and taken short position, trade would have been more successful.
  2. JPASSOCIAT: Took position after some time and assessed better market sentiment. Took short position at 267.95 and squared off at 264. It was satisfactory trade. Last three day's gain was worth for profit booking. Weak market sentiment helped the matter.

Tuesday, October 20, 2009

My new post after long time.

Please forgive me for staying in oblivion. In the meanwhile, I was always with the share market, but, with some casual attitude. As if , I am destined to stay with Market by hook or crook.
Today, I have traded with SBIN & JPASSOCIAT.
SBIN: Entry made at 2485 and it went to 2499, but hoping to gain more, I had to accept loss. This day was for profit booking. Should have been realised earlier.
JPASSOCIAT: Entry made at down turn at 262.95, expecting it would bounce back and cross 265 convincingly. But, the case was same like SBIN. This script also followed the same way like "booking of profit". Later on, it recovered and went past 265 against the market sentiment.