12-12-14 DAY PERFORMANCE: unless we have Trading Plan.......

NIFTY PERFORMANCE:

Today also Nifty joined with the gang of global indices (all major indices in red by the end of our market) and hold at its supporting area of 8200 level, which we mentioned in our morning note.  Today also our market analysis proved as right,  as we are following technical trend and analysis of available data to arrive market levels.   As some body saying, High IQ, Higher Education, Good Capital, Experience and Ambitions will not work all the time, unless we have Trading Plan.  More than that we need psychological strengths to keep our emotions in control to able to Target and to have Stamina to get it.   Even though many may not have the Fantastic Friday, our Blogger Followers as usual had Fantastic Friday, as almost all our Nifty and Stocks moved as per our expectations.

STOCKS TO WATCH (POS/DAY BASED ON LEVELS GIVEN)

M&MFIN: SELL < 314 TRG 304 SL 321
                  Actual: Low: 296: High: 315

JKLAXMI: BUY > 406 TRG 410/418 SL 404
                   Actual: Low: 406.15; High: 418

PATINTLOG: BUY > 132 TRG 139/148/159 SL 128 
                        Actual: Low: 127; High: 157.70 (played tricky ie high to low)