Open Positions:
1) Advanta bought on 10th Dec @ 873.8, TSL below 970. Exited @ 1022 today. Profit = 16.96%
2) Bajaj Corp bought on 2nd Jan @ 239.3, TSL below 239.7. TSL hit. Exited @ 238.5. Loss = 0.33%
3) J&K Bank bought on 15th Jan @ 1345.8, TSL below 1290. TSL hit. Exited @ 1288. Loss = 4.29%
4) JK Lakshmi Cement bought on 23rd Jan @ 145.75, SL below 136.5. TSL hit. Exited @ 136.1. Loss = 6.62%
Note: Words in Bold denote a change from the last post (esp. SL).
Snippets:
Market has shaken off midcap longs aggressively over the last 2-3 days. Time to watch from the sidelines till opportunities emerge. I knew when I was entering JK Lakshmi Cement yesterday that I was playing with fire (due to midcap market conditions) but the set up looked exceedingly good. No regrets.
1) Advanta bought on 10th Dec @ 873.8, TSL below 970. Exited @ 1022 today. Profit = 16.96%
2) Bajaj Corp bought on 2nd Jan @ 239.3, TSL below 239.7. TSL hit. Exited @ 238.5. Loss = 0.33%
3) J&K Bank bought on 15th Jan @ 1345.8, TSL below 1290. TSL hit. Exited @ 1288. Loss = 4.29%
4) JK Lakshmi Cement bought on 23rd Jan @ 145.75, SL below 136.5. TSL hit. Exited @ 136.1. Loss = 6.62%
Note: Words in Bold denote a change from the last post (esp. SL).
Snippets:
Market has shaken off midcap longs aggressively over the last 2-3 days. Time to watch from the sidelines till opportunities emerge. I knew when I was entering JK Lakshmi Cement yesterday that I was playing with fire (due to midcap market conditions) but the set up looked exceedingly good. No regrets.