My EOD Stock trades......updated regularly

What kind of stock market returns p.a. would you be happy with on a consistent basis?

  • 12-20% (Beating Fixed Deposits & Inflation)

    Votes: 3 7.5%

  • 20-30%

    Votes: 11 27.5%

  • 30-40%

    Votes: 6 15.0%

  • 40-50%

    Votes: 1 2.5%

  • 50%+

    Votes: 14 35.0%

  • Whatever the market gives (Negative to 0 to 100%+)

    Votes: 5 12.5%
  • Total voters
    40
Status
Not open for further replies.
N

Nifty Trader

Well-Known Member
#101
#101
Open Positions:

1) Ajanta Pharma bought on 13th Mar @ 436.45. SL below 529.9
2) Kajaria Ceramics bought on 30th Mar @ 168.5, SL below 182.4. Trailing SL Hit. Exit @ 182. Profit = 8%
3) TVS Motor shorted on 9th Apr @ 42, SL above 42.45
4) Raj TV bought on 26th April @ 159.6, SL below 157.5
5) Rushil Decor bought on 30th April @ 251, SL below 234.4

Note: Words in Bold denote a change from the last post (esp. SL).

Highlights:

Kajaria Ceramics exited with ok profits. It seemed necessary for the stock to go down if it was to go up significantly. So far it had been too much of a one way move up. Will look for a re-entry if the pattern is good.

TVS Motor down by 5.5% today. Lets hope it finally breaks down as it threatened to last time out.
 
N

Nifty Trader

Well-Known Member
#103
#103
Open Positions:

1) Ajanta Pharma bought on 13th Mar @ 436.45. SL below 529.9. CMP - 543.5
2) TVS Motor shorted on 9th Apr @ 42, SL above 42.45. CMP - 39.15
3) Raj TV bought on 26th April @ 159.6, SL below 157.5. CMP - 165.5
4) Rushil Decor bought on 30th April @ 251, SL below 234.4. SL Hit. Exit @ 234.05. Loss = 6.75%
5) United Phosphorus shorted yesterday (4th May) @ 126, SL 130.1. CMP - 120.8

Note: Words in Bold denote a change from the last post (esp. SL).

Highlights:

Kajaria Ceramics trailing SL taken out yesterday & now Rushil Decor also stopped out. Thats the market's way to telling us - I dont think I wanna go up right now. Better step aside (by exiting) or be prepared to come down with me. Kajaria exit yesterday was 182. If we hadnt exited (in hope) then today's low was 171 and chances are if you didnt exit @ 182, you will definitely not exit @ 171. Human psychology but not apt for trading.
As mentioned earlier, I shall explain why I took the United Phosphorus short in a separate post.
 
N

Nifty Trader

Well-Known Member
#104
#104
As you can see in the attached image, United Phosphorus was moving in a channel from 126 to 168 for more than 1 year. It was a very tradeable pattern but eventually there had to be a breakout - either above 168 or below 126. We saw such a breakout below 126 recently and the stock touched a low of 109 in Futures. Because the previous support (126) had held for such a long period there was a good chance that price would rally back to that level which it did. However, what was earlier a support now becomes a resistance & this offers an ideal opportunity to short with very little risk. Such opportunities should be taken whenever presented as risk-reward ratio is highly favourable.
 

Attachments

P

prabhsingh

Well-Known Member
#105
#105
Nifty Trader said:
As you can see in the attached image, United Phosphorus was moving in a channel from 126 to 168 for more than 1 year. It was a very tradeable pattern but eventually there had to be a breakout - either above 168 or below 126. We saw such a breakout below 126 recently and the stock touched a low of 109 in Futures. Because the previous support (126) had held for such a long period there was a good chance that price would rally back to that level which it did. However, what was earlier a support now becomes a resistance & this offers an ideal opportunity to short with very little risk. Such opportunities should be taken whenever presented as risk-reward ratio is highly favourable.
Click to expand...
What is the next support level for this stock?It already fell 5.5% on Friday.
 
N

Nifty Trader

Well-Known Member
#108
#108
Open Positions:

1) Ajanta Pharma bought on 13th Mar @ 436.45. SL below 529.9. CMP - 557. Today's low of 527.5 seemed to be a freak trade as the only low one can find even on the Tick listing is 530.85
2) TVS Motor shorted on 9th Apr @ 42, SL above 42.45. CMP - 39.75
3) Raj TV bought on 26th April @ 159.6, SL below 157.5. SL Hit. Exit @ 155.05. Couldnt exit at actual SL as price fell too quickly. Loss = 2.85%
4) United Phosphorus shorted yesterday (4th May) @ 126, SL 130.1. CMP - 120.45. Intraday low of 113.1

Note: Words in Bold denote a change from the last post (esp. SL).

Highlights:

Market was very weak but made a u-turn to close in the green. Later found out that some news came out that GAAR (General Anti_Avoidance Rules) to kick in from next financial year. Looks like thats what lifted sentiment.
 
A

anuragjais

Member
#110
#110
Sir, one request. Please also add net profit\loss till date, in ur updates. that way all will know how much u have gained\lost till now in terms of %.
Thanks
 
Status
Not open for further replies.
Thread starter Similar threads Forum Replies Date
V Display EOD stock and option price in Web/Mobile App End of Day 0
Ali_001 looking for historical cash eod data for metastock End of Day 1
trendtrade NSE BHAV EOD Data of Stocks, Futures and Options from 1995 to Current Date Data Feeds 11
N My EOD Stock trades......updated regularly Part 2 Position Trading 279
S Eod Data Backup For Amibroker, Metastock Or Tradestation Data Feeds 27

Similar threads