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Axis Bank : Pre-opening suggested a cut of 10 percent on the lines of pathetic results declared yesterday. Stock opened at minus 2 percent..the moment it turned green, i started shorting it there, believing the stock will again...kept averaging at higher levels !! Lost too much money shorting axis bank today. Sheer Ego and utter foolishness...where was my stop loss ? Very costly lesson learnt today :( ( 28 days ago )
  SuvarnaIndia  5 followers
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Without loss u cant learn in market ..strict with sl to minimise your loss ..8 good trades profit will be washed away by one bad position and averaging it ..even trading time is most important ask any trader when they stuck up itbshud be after 2 pm ..that is where your actual summation will come ..inrember the days dlf at 1000 hdil at 525 Unitech at 450 ..same crash will happen to it stocks after cyclical changes ..especially mid cap it stocks like mindtree Niit tech and hexaware why I am saying this means the industry is mature no big room for growth I am betting on infra stock .. FMCG services.like Apollo hospitals ..big list ..many airlines will collapse like her airways ..due to increase in operating cost .. ( 28 days ago ) |      
  Winner123  40 followers
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Always pre opening is opps think HDFC pre open shows 10 percent up dont stick to a view work with techincal all know 480 is bottom for axis if it broken 440 ..the stock got bottomed out and reversed ..all know the bears r biggest bulls .. just told u cut loss and reneterd 550 ces ..when stock was at 524 .. ce doubled ....only at 543 levels we had selling volumes if stock moves above 545 levels next stop for axis is 580 -620 but all based on market strength .. ( 28 days ago ) |      
  Winner123  40 followers
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Axis bank was at lower band of trading 490-550. Result is irrelevant for short term trading, price band is more important. Never ever short at lower price band irrespective of result. ( 28 days ago ) |      
  somenath_123  74 followers
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