Today's Buy Levels

Excellent reply asish. these kind of posts can teach one the summary of trading. i think you deserve a rep for this one, so i am giving one

Like other day's to-day also "Short Seller's" are trapped still now.
There was ample of evidence that Nifty may shoot up was being provided by ONGC Fut,for significant time in 1 min chart it was bouncing from 970.35 & when it broke it's earlier High @ 977.50 see how it took Nifty Fut along with it.

Short sellers trapped?

More like massacared

Our long time tipster friend is short nifty, rel at 1285, rcomm at 585 etc

Ratan ,

It happens ,some times good some times bad.However Mkt has given to-day with both hands.

Asish

hi all

any good script to be bought today pls inform for short term like 1 month for 15% profit?

How much Draw Down you can with stand ,have you Mentally rewinded time & again that scenario.
Then quantify that in Monetary term after thinking deeply tell us your Shock withstanding
capability we may then try .

Did i need a SL order or a Mkt order to Exit Colgate Fut above 420.00 ?

hi rememebr teh same thing happened when nifty was bullish... and many where short ,,and exited in loss,,and after expiry itw ent down,,
but this time ,this reliance has messed up teh sceanrio like anything

i dont know what will gain ahppen this time

renu

Hi Ashish, Renuji and Senior members,

I follow ur thread constantly and try to learn as much as i can. Well till now, I haven't booked many looses nor have made big profits but the learning was really which can't be compared with all these.
Till now i was watching n reading all senior members post and tried to analyze with what logic they are giving calls but yea we need experienced eye for that and yes i will have that one day. Well coming to my portfolio..which are a mix of my past mistakes and on my logic which i stand by even today when all are saying aginst it. If you can give me some suggesation on these, it will really be helpful for me to learn more.

My portfolio
-----------
Equity- Sector 51.83 %
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Construction 6.60 % [ Parsavnath @ 450, CMP : 355 ]
Information Technology 38.45 % [ Infosys @ 2200 , CMP :1891 ]
Metals 4.02 % [ Usha Martin @64.4, CMP:69.25 ]
Pharmaceuticals 4.47 % [ DrReddy @ 820, CMP :658 ]
Sugar 40.96 % [ Bajaj hind@ 183, CMP :175 ]
Textile 5.50 % [Arvind mill@ 58.9 , CMP:63.10 ]
------------------------------------------------
Mutual Funds- Category 48.17 %
------------------------------------------------
Equity Others 100.00 %
--------------------------------------------------
Postal Savings 0.00 %

Now My Query are as follows:

1) Bajaj Hind was my fundamental pick and I am planning to hold it for long term so short term price movement is not a problem and I plan to accumulate more at the dips. Is this a right thing? or am i too biased to Sugar industry? as you can see, a good amount my total amount is invested in this sector.

2) Infosys I bought in Jan. 2007 when the target i had for it was 2600-2800 by October end. which is clearly not possible in the current scenario. I am reducing my exposure to it constantly at every up move. well I am not very much convinced yet with the fact that IT sector will underperform. So I am still planning to have good exposure to this area. Any views?

3) Arvind Mill Which i bought for short term recently. my target is 20%. looks acheivable? putting stop loss at 57 ??????


4) Usha Martin again a technical buy, trying for 25% return in short term.. moving my stop loss accordingly as it goes up.

5)Dr reddy : well i think a big mistake ..bought at a very bad level. trying to get out once the upmove dilutes.

These are my current holding and what i think about them. Please enlighten me with ur experiences...requesting to all seniors.

About me: aged 24 years, started trading/ investing for last 1 year as soon as passed out from college and earning my bucks.

Thanks
Nitin

nitinku5021a,

Your this statement ........ "About me: aged 24 years, started trading/ investing for last 1 year as soon as passed out from college and earning my bucks."
Very happy to know that ,liked your approach to investment.
Plz excuse me for analyzing your Holdings,i am not so competent ,many in this forum will be able to guide you.
Best of Luck ,feel very proud to observe Young Turks like you taking there Investments decision ,on their Own than depending on other's Calls.

Asish