Inspired by Raynor's thread of 200 points pa in Nifty

rh6996

Well-Known Member
01 Aug, Went long in Tata Motors and exited intraday, incurred loss of ~480/- .
Bought 20 Axis Bank 551, 100 Hindlco @135.55 and 20 ICICI Bank @ 249! ICICI bnk is a pure risk reward play, there wasnt Buy signal, but SL is so small hence took position.
Exited Axis Bank 555.55 Gain of 80/-
Holding ICICI with SL @243.80
Torrent power given exit @ 179.85
 

rh6996

Well-Known Member
Exited Axis Bank 555.55 Gain of 80/-
Holding ICICI with SL @243.80
Torrent power given exit @ 179.85
ICICI SL was not hit but seems to be weak! May open down! :eek:
Torrent power missed the exit by 50p :mad: !
Holding both.
Hindalco also remained sideways.
Bought 30 Tata Comm nearing close @ 461
and also 100 IDFC@58/- as it broke out with large volume.
 

rh6996

Well-Known Member
ICICI SL was not hit but seems to be weak! May open down! :eek:
Torrent power missed the exit by 50p :mad: !
Holding both.
Hindalco also remained sideways.
Bought 30 Tata Comm nearing close @ 461
and also 100 IDFC@58/- as it broke out with large volume.
Booked loss
in Tata Comm @ 449/- = ~Loss 400
in IDFC @ 57.25 = ~ Loss 100
in Torrent Power = No profit no loss
Profit in Hindalco = ~ 220/-
 

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