Sunday, September 17, 2017

TRADING DURING THE WEEK 11th TO 15th Sep-17


STOCK SPECIFIC ACTION: TRADING DURING
THE WEEK 11th TO 15th Sep-17

WEEK GONE BY:
FROM MONDAY TO WEDNESDAY, BUSY WITH OTHER WORKS OTHER THAN MARKETS. MARKET MOMENTUM BEFORE THE WEEK WAS FAVORABLE TO BEAR AND MY VIEW FELL ON THE SAME COSTED AS THE GAP-UP OPENING ON MONDAY AND TUESDAY WERE FIERCE BULL ACTION PUT ME ON THE BENCH.
THE SEP-13TH WEDNESDAY FALL HAS BEEN EXPECTED AND IDENTIFIED IN THE LATE EVEING GAAVE NO BIG DEVIDENDS. THE 14TH Sep-17 WENT INTO ROUGH WEATHER, FULL OF FRUSTRATION AND DISTURBANCE COSTED ME FINANCIALLY AND EMOTIONALLY.
THE FRIDAY GAP DOWN WAS EXPECTED AND THE BULL ACTION IN THE LATE EVENING GAVE ME GOOD DIVIDENDS DESPITE OF LOW VOLUMES FROM MY END.
GLORIOUS AND FABULOUS:
IDENTIFIED RELCAP, REL INFRA FALL. RELCAP FALL ENJOYED BUT LIMITED. MFSL PRICE ATION WAS IDENTIFIED 4 DAYS BACK AND LOSS BOOKED, IT WENT FROM 595 TO 625 LATER WITH STAKE SALE NEWS.
PSU BANKS BOTTOMING TO INCHING UP IDENTIFIED IN BOB, SYNDICATE BOUGHT SYNDICATE BUT SBIN HAS BEEN TAKEN DELIVERY WITH A VIEW THAT IT WILL RUN AHEAD OF SUBSIDERY IPO.
TATASTEEL FALL EXPCTED AND ENJOYED WELL BUT VEDL FALL COULDN’T ENJOY. A DAY IN ADVANCE BUILT DECENT POSITION BUT YEILDED NO FRUITFL RESULTS.
SHAME & PITY:
RELIANCE FALL EXPECTED AND SHORTED GAVE STOPLOSS.
WHERE AS THE OTHER COUNTERS LIKE RELCAP AND REL-INFRA FALL EXPECTED BUT PARTICIPATED NOMINALLY.
AUROPHARMA FALL WAS IDENTIFIED BUT FAILED TO HOLD THE POSITION, GAVE STOPLOSS, IT WAS HOUNERED IN SOUTHWARD DIRECTION ON THE FOLLOWING DAY IN THE LATE EVENING WHILE NIFTY RISING.
EMOTIONAL IMPULSIVE TRADING COSTED ME HEAVY TOLL ON MY TRADING. DESPITE OF MY NEGATIVE VIEW ON THE COUNTER, BUT THE RISE IN REL INFRA (FO) TOOK A SERIOUS MOVE FROM 504-05 TO 515, MY BUYING POSITION HAD BECOME THE TOP, FORCED ME TO DO AVERAGES TO MANAGE THE LOSS.

IMPORTANT DISCLAIMER: 
STOCK TRADING LOOKS EASY AND REWARDING BUT ACTUALLY A HIGH-RISK VENTURE AND TRADERS ARE MOST TO LOSE, DEMANDS CALM MIND AND PSYCHOLOGICAL BALANCE. 
IT IS A CHALLENGING JOB DUE TO PRECISION IN TIMING AND LIMITED CAPITAL AVAILABLE WITH RETAIL TRADERS.
SO ALWAYS CONSULT YOUR EXPERT ADVISOR AND NEVER FORGET TO MAKE YOUR STUDY TO GET SUCCESS.
NOT TO DISCOURAGE ANY ANTHUSIAST BUT REQUEST TO DEDICATE REASONABLE TIME & ENERGY TO EMPOWER THOSE MOST REQUIRED QUALITIES TO BUILD WEALTH CREATION FROM MARKETS.
SEASONED PARTICIPATS RECOGNISE THE MOVE BUT FEAR OF FAILURE WITH HOLDS FROM TAKING POSITIONS. THE NOVICE JUMP TO GRAB THE FLUCTUATIONS AND GET TRAPPED AND PAY THE PRICE TO GAIN THAT EXPERIENCE.

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