Weekly trading diary : December 2017 Week 3 : 18 Dec - 22 Dec

It Will Open Gap Up

@vijender88
I DONT PLAY STOCKS, BUT ITS ALREADY GOING UP,
SEE WHERE YOU SEE A GOOD ENTRY ONLY.

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?

@vijender88
BRO,
NO NEWS FOR ME, AND ALSO NO STOCKS AS STOCKS I HAVE TO LEARN MORE ABOUT.

1 Like

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

2 Likes

I usually trade on BHEL. But it price is around 89.5. I am sure it will touch :100: in next quarter.

@vijender88
IF YOU FIND A GOOD ENTRY THEN FOLLOW YOUR SYSTEM

1 Like

@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 @vijender88 Right. Follow Only The Strategy. and Strict To IT.

1 Like

@vijender88
FOLLOW WITH CONFIDENCE AS MUCH AS YOU HAVE ON YOURSELF

Yes. For long term ,less than 6 months… :slight_smile:

@raheel265 Then No Problem As You Are Investor.

1 Like

Do you trade in stocks or indices (intraday) @nirajshukla94?

Yes Intraday And Positional Trades Too…

1 Like

What about 2mw’s strategy? Nifty will rise?

1 Like

@raheel265 NIFTY ALREADY GIVING A RALLY, IT CAN TOUCH 9500, IF BANKING SUPPORT IT

1 Like

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

1 Like

:slight_smile: :+1: