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This is not exactly a momentum play. But, from risk to reward point of view, its a better play. Further, its a higher priced stock available at a lower price due to the split. What you could do is, let this phase pass by. If it picks up momentum, then buy in the next pull back. IPCL -- Not...

I am not exited about Dabur for long. Its been dead all this time. Lets see next week whether it gets traction and moves up.

Satyam -- What is the profit target. That depends on how you trade. You can make it fixed like 15% and come out. Me, just trail the stop giving 2 * ATR leeway. If it hits, I get out. If it goes up, move the stop up. Arvind Mills -- Somehow it is not able to go above 72. There is...

Lets see. BANKNIFTY went from 3400 to 5400 (60% increase). What do you expect. It will continue to go forever. Doesn't it require breathing room (consolidation/correction). So, may be market will correct. I am (Lets) not going to predict that. If we feel that personally, we have a choice...

Change entry criteria. This is for NSE stocks. ExideInd: Same as previous Wipro: Yesterday's high + x TCS: Yesterday's high + x SatyamComp: Yesterday's high + x Infosystch: Yesterday's high + x Choose only 1 of Wipro, TCS, SatyamComp or Infosystch. Market is nicely setting up for...

I am sure ABB will correct. I am saying this because it went out of the bollinger band. OBC (ORIENTBANK) is a good trade you made. I am not saying these are bad trades. As long as you have a plan for them and take those trades as part of your trading. For example, your trade plan for this...

Stocks for Monday: 1. ExideInd 2. Any of Tech leaders. They are all nicely setup as acceleration from previous trend. All exhibit the same pattern. --Wipro --TCS --Satyam --Infosys In the charts, top line is for entry, bottom for stop. I considered ATR and Chandelier for stop.

Yes - If you make these kind of trades always No - If you just see an opportunity and are making an exception for this trade Trading is about making trades in same pattern again and again, using postion sizing and risk management. Don't make exceptions for 1 trade here and 1 trade there...

I am back. But, I have been very busy lately. I started a thread on Stock of the day. But, I couldn't keep up. So, I decided to continue this thread on weekly basis as time permits. VV