After 9 sessions in the green, NIFTY gave up slightly.

And it looks like business as usual today as US markets were up last night and so is Asia this morning.

Our selections have done well over last two days.

The BUY selections were doing well till Tuesday but two of them gave up some of the gains yesterday. NTPC stood firm. That is one selection which has moved up consistently though not spectacularly. We take what the market gives.

On the BUY side, we are fine. 3 Selections, 3 Right.

The problem is on the SELL side. Market has recovered some 550 points from the time when the selections were made.

Still, we are getting some of them right.

HINDPETRO made a new 52 week low yesterday. Let us see where it goes from here. SBIN and TATAMOTORS are also showing signs of weakness.

We are right presently in only 2 out of 9 selections.

Combined we are 5-7.

Not very good but not downright wrong too. We are in their with a chance.

No more additions to the list at this stage, no deletions either. We stay with the trades.

Markets open in few minutes.

Trade cautiously, trade profitably.

Disclaimer: This post and examples are for teaching purpose only and are not meant as advice/suggestion to trade in these stocks. Trading in Futures and Options can lead to big losses and should be done with appropriate knowledge and advice only. Mentioning the stocks here does not imply that I have a trading position or likely to take a trade in these stocks.