24-09-2014 DAY PERFORMANCE:
Today Market has shown its strength and sustained at respective level. SC verdict regarding Coal Scam also could not shake the market much. We have to question ourselves; whether market is thick skinned? or has the power to absorb all these non-sensed scams? or neutralised all these damages?
Morning hours Nifty has sustained at 8015 level for while and there after it has dropped to its support area, which we have expected. Almost market moved volatile which is bound to happen. Roll overs and Short Coverages might have helped the Market to come up from its lows.
DAY CALLS:
LONGS:
KIRLOSKARLECTRIC: BUY > 37 TRG 39/41 SL 35
ACTUAL: LOW: 35.20 HIGH: 40.70
SHORTS:
IDFC : SELL < 144 TRG 141 SL 146
ACTUAL: LOW: 139.60 HIGH: 143.50
DLF: SELL < 159 TRG 152 SL 163
ACTUAL: LOW: 154.10 HIGH: 162.25
LICHSG: SELL < 316 TRG 306 SL 322
ACTUAL : LOW: 306 HIGH: 315.35
DO YOU KNOW, MANY TIMES, WE BRAKE OUR OWN NORMS? YES. WHY?
WHEN WE HAVE LOW LEVEL OF SELF CONFIDENCE, REPEATED FAILURES, HIGH LEVEL GREEDINESS, CARELESSNESS AND ALSO DUE TO IGNORANCE ON SUBJECT (LACK OF KNOWLEDGE). PARTICULARLY IN BUSINESS, DUE TO EXCESSIVE TARGETS.
KNOWLEDGE CAN BE OBTAINED WITH CONVICTION TO LEARN. BUT ATTITUDE CAN'T BE CHANGED EASILY. ITS NEED CONTINUOUS AND CAUTIOUS PRACTICE ALONG WITH SELF CHECKING. SO LET US PRACTICE TO KNOW/ACCEPT THE REALITY, TO HAVE PEACEFUL TRADES.
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