It Will Open Gap Up
15 Min Charts Looking Down Not Good For Positional Trade
@nirajshukla94 @vijender88 https://energy.economictimes.indiatimes.com/news/power/bhel-bags-rs-7300-crore-contract-for-supercritical-power-project-in-tamil-nadu/62082160
It won’t show any effect?
News Based Trading Can Be Very Dangerous Bro As Any Event Is Discounted By The Price. So Trade What Indicators Or Strategy Tells You To. Not Do Trades On just News Basis It Can Be Very Dangerous
I usually trade on BHEL. But it price is around 89.5. I am sure it will touch in next quarter.
@raheel265 If Thinking As Investor Its Good Stock And It Will Definitely Touch 100. But Currently Its Sideways.
If you Are Thinking As Investor For 3 months Or More Then No Problem But If Thinking As Intraday or Positional Its Not Good In Current Scenario.
Yes. For long term ,less than 6 months…
Yes Intraday And Positional Trades Too…
What about 2mw’s strategy? Nifty will rise?
Are u talking about IT sector? If so currently it is 11288.
@raheel265 IT AND PHARMA ARE US DRIVEN SECTORS, BUT BANKING AND CONSUMER GOODS ARE DEPENDED ON INDIANS, SO WE CAN STUDY THEM