Although there were a lot of things that I would indulge in, Business was definitely not one of them.
A week earlier I had opened a demat account. It was Friday 20 Nov 2009,while going out for work I had decided that i buy shared from 'UniTech' since it showed some prospects of moving up in the market.
I had placed the order for 80 when it was way up at 82.5 and the price seemed to have resistance at 80 when it dropped to 79.5, I quoted the price at 77.25 and waited- went away fro lunch and..... forgot as all newbies that i was trading for the first time in life. I had a good lunch and came to my seat prepared for the afternoon walk with the girls.. when karthik said "Priya I guess you missed the buy" - cause the price had risen from 79 to 82.25 again. :( was disappointed that I had missed my very first buy, though sad at the small corner of my heart that I could not buy for that day since market was near to its close, I said cheerfully,"Ok Karthikgaru...we'll make it next time". Went to my seat.... and checked the way the market price of Unitech was rising,OKkkkkkkkkkkkkkkkk... this was real disssssapointing..... FINE ...... Lets make it later.......
I logged into the trade terminal to logout from it as i was not going to trade today and there was no point in keeping it open. Something looked different...... there on the monitor flashed a word that I had never seen before "Fully Executed".
"Karthik... What is this......??????" was my expression....
"O DON'T TELL ME....... It's executed...." that was karthik.... in all surprises
I said "Now what does that mean"
He simply said... "You have just bought the share at the days low, and Ur making good profit"
WOW..... I had just done my first trade......
