Thursday, March 5, 2009

A classic day….

It seems that those who don’t make enough money may cal it is a great learning process that took place on that particular day. My case may be the same as it was in line with the process…..
The striking difference I could make today is that I waited nearly two hours to complete the successful deal in Sterlite. I sold at 1.03pm and cold cove after 3.10pm.
The beauty of the day is about selling Reliance 50 shares at 1212 and it fell to 1142 but I was fearful to cover at 1208.65 it self.
The sorrowful story of the day is that I missed to sell the United spirits at 573 fell immediately to 563 then to 551 and bottom at 549.80
The fearful trading was at 457.80 I sold Rel infra but covered at 457.3 fell upto 438.0 level.
The most satisfying deal is that I sold sail at 76.65 and covered at 75.20After long time I made a deal for that much journey.

The interesting trading now a days is sell above the low and covering after low cut and vice versa in high cut stocks.
The real follow up market is happening but the opportunity offered by the market was not fully enjoyed.
Now from this Sterlite experience with Godma’s grace I hope I will enjoy the maximum journey of the stock
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