Today's Buy Levels

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uasish

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Like many times in past may get cut for trying to catch a 'Falling Knife' :)
however i am going to Buy SBI with Stop of 923.00 ,the risk is minimal:),
Mkt may slap me,let us see.
 
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uasish

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Know that DoW is highly negative,most Hang Seng ,SGX everything is negative.
Also know in Capitulation stage one can gain more by being contrarion.
May Buy ONGC today but compared to SBI Risk is more so Qty will be reduced.
 
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uasish

Guest
Now also bought SBI @ 920.00 with 911.00 Stop.
As of now Long in all 3 stocks as mentioned in pre -mkt post,will review again at 11.30.
 
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uasish

Guest
Review at 11.30 am

SBI:= Probably out of the woods,now comes question of addition and
Stop enhanced to 918.95 just Rs 1.05 below entry.Price now 953.80.

ONGC:= Still not out of the woods (becoz of Goldman Sachs adverse report),Stop enhanced to 641.25 (Rs 6.75 below entry),Price now 650.55

ABB:= Out of the woods ,but no addition,becoz will exit soon,Stop
enhanced to 346.45 ( Rs 2.05 below Entry).Price now 362.20
 

SavantGarde

Well-Known Member
Excellent Contrarian Play AsishDa

Happy & Safe Trading

SavantGarde

Review at 11.30 am

SBI:= Probably out of the woods,now comes question of addition and
Stop enhanced to 918.95 just Rs 1.05 below entry.Price now 953.80.

ONGC:= Still not out of the woods (becoz of Goldman Sachs adverse report),Stop enhanced to 641.25 (Rs 6.75 below entry),Price now 650.55

ABB:= Out of the woods ,but no addition,becoz will exit soon,Stop
enhanced to 346.45 ( Rs 2.05 below Entry).Price now 362.20
 
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