Todays Market gain
Today I went to market to trade in South India Bank, ITC.
Why I chose these stocks?
ITC was in upward trend the time I entered the trade. Then it started to go downwards. I converted the MIS order into CNC.
Why I converted it to CNC?
ITC fundamentals are strong and irrespective of economic measures there will not be any decrease in the number of smokers!
South India Bank
Why I chose these stocks?
Every time it gives oppurtunity between 5- 30 paise upward and downward irrespective of the market. Break even point is 0.01 or 0.02 paise even it makes .05 paise upward or downward I will make the profit. But there are scenarios when the stock suddenly moved more than .05paise my so for profit converted to negative. I took multiple trades and ended up with some profit.
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