Greetings ‼️

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First Call – “NTPC”

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NTPC: Buy given in June futures at 176…

It made a low of 176.25 and then moved one sided to 225 close to 28% rise.

If we would have got the entry then the official exit was above 220 level, which means profit of at least 45 points per lot or ₹2,56,500 per lot, excluding rollover and brokerage.

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Second Call – “SHRIRAMFIN”

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Similarly we advised a short sell trade in SHRIRAMFIN August futures at 1910

It made a high around 1913 level – barely executed and then we saw profit of almost ₹90000 per lot basis. It made a Low around 1760 after execution. Close to 8% fall.

But sadly after this SHRIRAMFIN recovered and we had to exit in loss of ₹7000/- per lot basis.

SHRIRAMFIN was open from July 31, 2023 to August 31, 2023 – we were in profit for 30 days out of 31 days of holding.

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Now Third Call – “BANKBARODA”

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Here we advised to buy September futures at 191, but it made a low of 191.35 and then recovered. This also missed the execution by 35 paise. Just like NTPC. At least for now. 🤔

Hopefully, we get a second chance in BANKBARODA. And, then see 220 plus level.

If not, the title of this article should be modified as follows,

NTPC, BANKBARODA:- Missed Profit of ₹6,00,000/- plus per lot… “Costliest 60 paisa ever”

However, we are improving our entry exit strategy for upcoming trades.

Luck (or the Market momentum) is not in our hand anyway and we should not depend on luck for the Success and Growth. It is better that should come from only Hard Work, Determination to strive the Excellence at all cost and in all Market Conditions.

Our analysis is not flawed. And, for this fact we are not regretting running behind the Market. Rather, our approach for the Market is –

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Wait patiently, let the Market come to our levels, and,

then try to strike the “GOLD”

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