Trading high-beta stocks is easy if you have predetermined targets set of your own....like I do :thumb: Suppose I wish to trade HDIL for a few days and I notice a simple pattern forming, I will mentally fix an entry point and a profit-booking point in my head and STRICTLY follow that. That helps prevent any losses and also makes it easy to book profits for the lots as and when required. This is what I follow.....
Of course L&T, Cummins and Tatapower are excellent, but I prefer a mix and match of high-beta and stable
My bets are quite simple
SBIN(Fut), JPassociates(Fut) & IDFC(Fut) on a regular basis though these can change anytime based on my INSTINCTS