A blog on my views on management and leadership.
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Friday, May 08, 2009
Markets move down
Today the market corrected about 2%. And I was overwhelmed with greed and bought Essar Oil from a trading perspective. The trade till now has not gone as per plan. It is down about Rs 6 from a purchase price of Rs 160. I have a stop loss below 152 (yesterday's close) and a target of 170. Let's see how the trade plays out.