Today's Buy Levels

[Dev Mookerji]

Re: Todays Buy Levels

To-day's a/c:
1)Bel Lot size=275 (1832.00 - 1802.10 )= 29.90*275= 8222.50;
2)Polaris Lot size =1400 (162.30 - 161.80) =0.50*1400=700.00;
3)- do - (163.60 - 163.60 )= 0*0 =0.00;
4) L& T Lot size= 200 (1902.15 - 1872.50)=29.65*200= 5930.00;
5) CNX IT Lot size=50 (5334 - 5271.00) =63.00*50= 3150.00;
Total = 18002.00 Minus 5*2 Leg Brokerage
This is if only 1 lot position taken .

good trading

 

[uasish]

Re: Todays Buy Levels

Mkt usually humbels me quite a few days in a week.I am this much intelleigent to understand that to Short & earn in a Down Mkt is nothing to be GOOD about,however Thks.

 

[Dev Mookerji]

Re: Todays Buy Levels

Mkt usually humbels me quite a few days in a week.I am this much intelleigent to understand that to Short & earn in a Down Mkt is nothing to be GOOD about,however Thks.

Today, world markets, does favour, to the short shellers.

unfortunately, I was not.

 

[uasish]

Re: Todays Buy Levels

Watch to-day:for Long Possibility,

BSES 1 Month

Jindal Stainless 1 Month

Reliance Cap. 1

Syndicate Bank -

 

[sattimes]

Re: Todays Buy Levels

Ploaris SL brought down to 163.60

hey ashish,
pls tel us na ,how u trail ur SL? is it 3 bars high? or is that resistance level?
then how do u identify that resistance level?

would be better if with a example, may be polaris itself.

regards
Satish

 

[uasish]

Re: Todays Buy Levels

Yesterday's intrachart in PIB indicated that to be the SL area ,moreover as i could not Short at 164.60 level (as Res showed in EOD ) i was not so confident ,hence wanted to limit my loss to brokerage only ,however you are right my SL would have been 165.05 ,that was too far.

 

[uasish]

Re: Todays Buy Levels

Along with many others today these are also OK

BSES 1 Month

Jindal Stainless 1 Month

Reliance Cap. 1

Syndicate Bank -

 

[uasish]

Re: Todays Buy Levels

As (+) % is the norm of the day ,RIL Cap doing good.

 

[uasish]

Re: Todays Buy Levels

The report of 12th Eve ,to be evaluated on 14th :
Only Longs
Ashok Leyland
Gujrat Alkali
Rel Cap
Rather IVRCL went opp bingo.
Nothing much in comparision to today's general move,hence abandoning this
exercise.

 

[uasish]

Re: Todays Buy Levels

Hey why so quite for last 2 days,are we mostly caught in the wrong foot ?
or waiting for the payout to get transfered ?
See any 'Ulta' move of 100-200 points in Nifty is yet to be got acclaimatised with us !! but we always talk big.
Drawdown has to be quantified & apportioned in Initial Equity ,so that we get a Stress free trading atmoshphere ,plz backtest ,spend more time in Robust tests,let us make an actual 'Risk Map' ,let us stick to OUR OWN trading style,akin to thy.
Following other's (proven guaranted return ) System may not yield for me ,yarr i have to execute ,
Fight is with 'Thy' no one else.
A Gr8 trader's 1st Mantra as posted by CV, "Log thy" is to be understood conceptually.