My Daily Trades Based On My Own Analysis

[rssheth]

Trades for future long for 29/010/2010

TRADES FOR FUTURE LONG FOR 29/010/2010

BUY ULTRATECH CEMENTS LTD 1 MONTH @914.33 SLTP @901TARGET @933

BUY SUN TV NETWORK LTD 1 MONTH @ 378.17 SLTP @ 372 TARGET @393

BUY RELIANCE INDUSTRIES LTD 1 MONTH @1035.58 SLTP @1026 TARGET@1048

:clap::clap::clapping:

 

[rssheth]

Nifty pivot points for 29/01/2010

PIVOT POINT FOR CNX NIFTY FOR 29/01/2010

_________________________________________

Open 4863.00
High 4929.00
Low 4824.95
Close 4867.25
R4 4924.48
R3 4895.86
R2 4886.33
R1 4876.79
PP 4873.73
S1 4857.71
S2 4848.17
S3 4838.64
S4 4810.02

 

[GuluGulu]

Hi,

Nice Initiative...Please continue this for all other's benefit...

GG

 

[rssheth]

Hi,

Nice Initiative...Please continue this for all other's benefit...

GG

Thanks for your compliments ,

 

[kunal2807]

many a time i have found this kind of initiative gets closed suddenly.hope this will not be.it would have been better if you could publish the trding results also.thanks for the initiative.

 

[rssheth]

many a time i have found this kind of initiative gets closed suddenly.hope this will not be.it would have been better if you could publish the trding results also.thanks for the initiative.

Dear Kunal

Thanks for the compliments , I have tried publishing trading results since last 2 days check yourself , I request all of you to take up a poll and give a frank feedback , this only thing will keep me going on and on

I am also thinking of publishing a newsletter which can be sent to members by email everyday which may contain

Stock Tips (F&O/CASH/Nifty etc)
Important news of the market

Everybody's suggestions are welcome on this idea

 

[rssheth]

Results of Trades for future long for 29/01/2010

trades for future long for 29/010/2010

buy ultratech cements ltd 1 month @914.33 sltp @901target @933

buy sun tv network ltd 1 month @ 378.17 sltp @ 372 target @393

buy reliance industries ltd 1 month @1035.58 sltp @1026 target@1048

:clap::clap::clapping:

bought 1 contract of ultratech cements ltd 1 month @914.33 just skipped sltp @901 the day low is 901 target achieved @933 profit of rs.19 x400 lot size = 3600/-

bought 1 contract of sun tv network ltd 1 month @ 378.17
sltp skipped by rs.1 since sltp proposed by me was 372 the day's low was 373 target was @393 squared off @ 386 so booked profit of rs. 8 x 1000 (lot size) = rs.8000/-

buy 1 contract of reliance industries ltd 1 month @1035.58 sltp changed during the day and target achieved and squared off @1048 the total profit of rs.13x300 (lot size) = rs.3900/-

total profit of rs.3600+8000+3900 = 15500/- exclusive of transaction cost

 

[rssheth]

Result of Trades for nifty stocks on 29/01/2010

buy on 29/01/2010


ambuja cements ltd
asian paints limited
bharat forge
chennai petroleum corporation limited
mphasis limited
oriental bank

:clap::clap::clap:

ambuja cements ltd is down by rs.0.70
asian paints limited is up by rs.49.40
bharat forge-- down by rs.8.25
chennai petroleum corporation limited-up by rs.6.90
mphasis limited - up by 9.60
oriental bank- up by 14.60

 

[rssheth]

Result of Trades for 29/01/2010 - NSE CASH

Trades for 29/01/2010 - NSE CASH
____________________________________


BUY AMARA RAJA BATTERY @152.02 [email protected] TARGET @ 158

BUY EICHER MOTOR @ 566.23 SLTP @ 545 TARGET @ 587
BUY FDC LTD. @ 69.50 SLTP @67 TARGET @74

BUY TORRENT POWER @ 287.97 SLTP@ 282 TARGET @300


THE ABOVE TARGETS ARE VERY CONSERVATIVE TAKE YOUR OWN DECISION OF WHEN YOU WANT TO BOOK PROFIT :clap::clap::clap:

Bought AMARA RAJA BATTERY @152.02 Changed SLTP of 149.74 during the day and sold @ 158 Profit of Rs.5.98 /- in one day exclusive of transaction cost


Bought EICHER MOTOR 566.23 stop loss did not triggered sold @ 587 Profit of Rs.5.98 /- in one day exclusive of transaction cost Rs.20.33 /-


Bought FDC LTD. @ 69.50 SLTP adjusted during the day Taken delivery of the stock since target could not be achieved today , intraday profit of Rs. Rs.1.80/- exclusive of transaction cost


Bought TORRENT POWER @ 287.97 , SLTP changed during the day Taken delivery of the stock since target could not be achieved today , intraday profit of Rs. Rs.2..28/- exclusive of transaction cost

 

[slah04]

Re: Results of Trades for future long for 29/01/2010

bought 1 contract of ultratech cements ltd 1 month @914.33 just skipped sltp @901 the day low is 901 target achieved @933 profit of rs.19 x400 lot size = 3600/-

bought 1 contract of sun tv network ltd 1 month @ 378.17
sltp skipped by rs.1 since sltp proposed by me was 372 the day's low was 373 target was @393 squared off @ 386 so booked profit of rs. 8 x 1000 (lot size) = rs.8000/-

buy 1 contract of reliance industries ltd 1 month @1035.58 sltp changed during the day and target achieved and squared off @1048 the total profit of rs.13x300 (lot size) = rs.3900/-

total profit of rs.3600+8000+3900 = 15500/- exclusive of transaction cost

The stop loss should definitely not be just tucked away in your head. You don't want to wake up in the morning and find that the price has gone well past your mental stop loss.

So if the price does keep going in the wrong direction, while you are saying "it's going to come back", your broker will automatically execute the stop loss when it reaches the price you specified.

Never move a stop loss to where it would be risking more money. Stop losses can be moved in order to lock in profit, or to risk less, but never to risk more.

Dear rs

Would like to compliment you on your sole initiative and great going too!. But referring to your stigma on 'Stop Losses', I see that, on the contrary, you shifted your original stoplosses.

If the stop losses had been as per existing, the profits wouldnt have been there...

.. it would be great if you could elucidiate your methodology and reasons for amendment ..

thks

slah