New Intermed Uptrend!!

[usha]

Hi Jaspal(or would you rather prefer Colonel),



Of course,even if we crack 7800-7900,and go on to 7400 area,our long term uptrend is still intact.

Happy Trading!!
All the best!
Saint

Saint,

7900-7800 may be even 7400 I still have stocks brought @ higher levels. can't book loss because it will be too much. I really donot know what to do. Left everything to the time to decide.
usha

 

[srisara]

Saint,

7900-7800 may be even 7400 I still have stocks brought @ higher levels. can't book loss because it will be too much. I really donot know what to do. Left everything to the time to decide.
usha

its not the way to trade. You can't leave it to GOD or time. Calculate your risks and accept the losses. If you have stocks with good fundementals you can hold.

there are 2-3 choices left

1. hedge your funds, i mean, you can sell the futures againsts your shares. there by any drop in further prices of shares you can make money in futures (risky but most people do it).

2. Accept losses and re-enter when the market rebounds.

most of time in such situation we vision goes black, like a picture tube in t.v, some times goes black. We dont know what to do, but we need to gather immense courage and make a plan of how to recover the lossess.

Anway, its your call.

Satya

 

[srisara]

Thanks Satya,

Jaspal

U r Welcome, Sir

Satya

 

[avinash]

Hi Saint,

What is the target on Karntaka Bank??

Thanks in adv

Regds
Avinash
ps:Awaiting ur quick reply

 

[Saint]

Hi Saint,

What is the target on Karntaka Bank??

Thanks in adv

Regds
Avinash
ps:Awaiting ur quick reply

Hi Avinash,

I presume you are shorting in the futures??If so,take 1/3 off here.....Great trade.Put some in your pocket.

Saint

 

[avinash]

Hi Avinash,

I presume you are shorting in the futures??If so,take 1/3 off here.....Great trade.Put some in your pocket.

Saint

Thanks!!!!!!!!!!!!

 

[dpkshny]

Saint,

7900-7800 may be even 7400 I still have stocks brought @ higher levels. can't book loss because it will be too much. I really donot know what to do. Left everything to the time to decide.
usha

I am also in a similar situation...

I have BEML 20 bought @ 903.50
Ranbaxy 10 bought @ 509.90
Maha Seaml 10 bought @ 448.95
Infy 5 bought @ 2615.00

Now, I just don't know what to do with these... Loss is too much to take and just waiting in hope that markets will bounce back again.

Deepak JS

 

[Saint]

Thanks Saint,
Your views are really appreciated and always treated with the respect and merit that they deserve......
You have a good memory....remembering my Army background. Though in heart and soul, once a soldier....always a soldier, but here just the name is probably friendlier and more personal.
Thanks once again...I enjoy reading all your posts.
Jaspal

Hi Jaspal,

Agree with you,my friend,friendlier and more personal........so Jaspal it is.
Thank you for your warm remarks...........and I enjoy reading your posts as well over at the MF Discussion Forum.

All the best!
Saint

 

[Saint]

Thanks!!!!!!!!!!!!

Great going,Avinash.......nice!! Great to know that you are making money during these times........

Saint

 

[usha]

I am also in a similar situation...

I have BEML 20 bought @ 903.50
Ranbaxy 10 bought @ 509.90
Maha Seaml 10 bought @ 448.95

Infy 5 bought @ 2615.00

Now, I just don't know what to do with these... Loss is too much to take and just waiting in hope that markets will bounce back again.

Deepak JS

Hi deepak,

I understand how it hurts. But friend you have, as for as my knowledge goes invested wisely. All the stocks are good funda-mentaly. (though market is mental)
I brought 1350 shares of Tata chemicals (on my brokers recomendation) @205.25 and 2400 shares of escorts @101, when sensex was @8700 levels. Have you seen the levels today? Was forced to sell tata chem @194. Escorts I came out of it @84 today since everyone is saying it may comedown further and I am thinking of re-entering it at some further low level. So pl.feel little good there are people like you who are suffering more losses emotionely, financialy. But tell you onething when I booked this heavy- loss in escorts today strangely, surpricingly I was relaxed, because Now I knew my loss. Than blindfolded for next trading day in further anticipation and anguish.Now I may re-enter it on a decline or I may enter someother stock which is strong, now decision is mine not the markets. Yes it hurts, to learn this I have lost so much money, which I may or may not earn. But for now I have to accept it, no other way. So take courage listing to fools story like mine People do need bad examples like mine how not to trade, or perhaps I am thinking of opening a thread "how to vanish your capital in a few trades" any takers??? perhaps sponsorers

Bye friend can not write more,
usha