Wednesday, April 30, 2008

>Trading day 30th april.

Hmmm day started with Nifty opening higher. I with a predetermined trade idea(planned it last night) wanted to short Bombay dyeing above 1000 for about (20-30) points but bombay dyeing came down as soon as it opened and as a rule i try not to trade for first 10-15 min atleast so this trade was a no-no .
Day progressed and yesterdays longs started to show positive results
CENTURY TXT (838)
RAJESH EXPORT(90)
hmmm interesting also the swing trade
DIVISLAB showed its colours too spurted 6% sold most of it today ,Sold out century txt full near 900 Rajesh export first target 95 almost touched today, retraced a bit from there was bit greedy did not book it though last half hour nifty movement made me to book half profit in it(93.50).

A big miss today during the day was BOMBAY DYEING long near 965 kept waiting for its breakout to happen though idealy should have bought that with a sl below 960 ,Anyhow breakout came and me was away in loo by that time dyeing was almost conquering 1000 what a waste:(.Well day ended with a smiling face.Few charts attached.


>Substantial Acquisition of Shares and Takeovers dated:29th april