Again, I am saying.. Patience pays.. Hold on to it... will give few examples: 1. Biocon. when it was moving in 415-420 range, people were frustrated. my average buying for Biocon was 417.. exited at 467 when after that it went up to 480 . Took 1.5months for the move but patience paid off.. 2. Motherson Sumi purchased at 104 levels.. Had to wait one week for 122.. then few days for 140.. 3. Tata Chemicals purchased at 319/-.. no movement for 3/4 days.. then 350 and 370 .. 4. M&M Finance, buying price was 167.. Exit price was 178/- 5. National Aluminium - buying price was 35.5, exit price was 43/- 6. Cholafin, buying price was 354, exit price was 392/- 7. IGL, buying price was 467, exit price was 511 8. CONCOR, buying price was 403, exit price was 443.. 9. Ambuja Cements, buying price 247 and exit price 274.. Of all these stocks most of them were at breaking points but Biocon and Ambuja tested my patience and I got the reward... The logic behind writing so much is patience pays and if one doesnt have patience, do intraday with more risk to reward ratio.. Positional is safe but be patient
4.02 PM Jan 14th
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