Umesh

[umeshmandal]

Starting this Diary, Noting my actions in Stock Market to generate minimum Rs.50000.00 per month.

Will sell Bata Futures one lot below < Rs.600, SL will be 620, and target may be below 560/-

Why am I initiating a Sell : There is a big divergence in Indicator and Price.

Have ceased to move up in last two sessions and remained sideways. If it breaks away North, our SL level will be breached negating the Sell.

Once Trade is triggered, will try to Follow up with trailing SL where applicable.

-Umesh Mandal

 

[umeshmandal]

Short triggered in Bata . Could not Sell as SL Sell was given at 598.80, did a low of 598.90. Not sure whether or not to Sell at CMP of 602.60 or wait for 598.80!!! As per chart Short triggered at break of 599.80, had taken one rupee filter.

 

[umeshmandal]

My Trade in Bata for Short triggered at 598.80

 

[umeshmandal]

Booked full profit on Intraday call on sell Bata today itself.

Thanks,
Nilesh Shukla

Good going, Mine is for Positional!!!

 

[umeshmandal]

Bata does a high of 608+... worried, but maintaining my SL ay 620+!! Pretty sure of Bata going down in coming sessions as the Divergence in RSI and Price continues...!!

 

[umeshmandal]

Bata 615.90 High CMP 612.30 I am short from 598.80!!! SL 620+
Have butterflies in my stomach.

 

[umeshmandal]

Bata high 619.80!!! SL of 621.05 still intact, dont know how long!!!

 

[umeshmandal]

SL hit in Bata Short, lost >20K

Now short in Dish TV futures @89.95

 

[umeshmandal]

Covered Dish TV Short at 88.35, gaiin of ~6400/- (a wee bit of relief after a big punch from Bata)

 

[umeshmandal]

Exited NF long at 5744.45, gone long at 5664.45
Should have gone long in 2 lots as I usually do, but with going wrong in Bata , did not have the courage. Profit : ~4000/-