Weekly trading diary : January Week 2 : 8 - 12 Jan, 2018


#1

Hope first week of the year ended bullish. Anticipated for week 2. Share your strategies, live trading ideas, discussions. Happy trading :slight_smile:


Nifty options daily/weekly trade
#2

@Lets_Invest @mac76 Could please do TA of GMRINFRA. Is it good to invest for 1000 shares?


#3

It has shown some rally already. Some news in upcoming days or weeks associated with it may take it to upper levels but otherwise I don’t see any further reason for it to give u good return in short term.

Its my opinion.

And technical analysis will tell u about expected price movement based on support n resistance, EMA, chart patterns etc .


#4

Thanks @Spaceship for ur views. :+1:


#5

What’s view on YESBANK movement next week?


#6

#7

I am stuck with corporation bank and pnb bank in loss ok 10k


#8

My first profitable commodity trade :smiley:
Commodity prices swing wildly…I think they are somewhat manipulated.


#9

First profit is a great feel :slight_smile: Keep gaining :+1:


#10

Thanks a lot :smiley:


#11

I’m not a technical expert but I think it may reach 345 if the overall market remain good. We can expect a boom in prices after financial results. If you are holding in cash, then have a stop-loss of 311. Good luck!


#12

Budget session is on February 1. What to expect ? Which sector may boost up before the budget 2018-19?


#13

@Spaceship @mac76 @Tintin I am currently holding Coal India stocks bought at ₹ 280. Will it rise this month. Should I hold or exit?


#14

Nifty should consolidate in the 10500-650 range. Vols should go up as the budget approaches. So buying Feb strangles/straddles looks like a good idea. Also I expect Nifty to break out post budget so OTM calls for feb and hold post budget.


#15

Overall good time for intraday :money_mouth_face:


#16

What is your view about RCOM on Monday??


#17

But I read somewhere that since commodities market is a global market it’s not easy to manipulate as compared to equities.


#18

Many commodities like agro are Indian based whereas crude is imported so global.

Commodities are highly manipulative & speculative than stocks. Big institutions, govt, market makers control commodity prices.

Its not just demand n supply figures but more than that.


#19

If u are not in urgent need of money, keep holding.
Good for long term.

For short term, technical view is it has resistance in the range 285- 290 levels.

If it crosses that range, it can head to 295 - 310 levels.

If after crossing the resistance range of 285- 290, it is unable to sustain above 285 levels on closing basis then it can slip back to 270- 280 range until it shows further up move.

Currently it is trading at 278 , you can put a Stop loss at 274 & buy back at lower levels.

Fundamental view is it needs some trigger for upmove. It can be some upcoming happenings by govt.


#20

ThanQ @Spaceship Yes, I want to hold for some more days. If it got 295+ then I may sell.