Weekly trading diary : January Week 3 : 15 - 19 Jan, 2018

Was there any way to predict this gap down opening for nifty Jan fut on 17 jan? Rsi was strong, above 40 levels… Volume was high.Uploading…

No, Not possible to predict.
It’s Totally based on global cues & Market Sentiments.

Update:- Some expert’s were saying Nifty will open Gap-Up on 17th Jan.
Some other expert’s were saying Nifty will open Gap-Down on 17th Jan on Business news channel.

Some were saying go long at Opening.
Some were saying short at Opening.

One common thing among all.

Divided by Companies United by bluffing.

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what you did today. i mean what was buy price and trade time

Well added some commodites today…

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Buy timing 930 am to 12 pm and sell time 2 40 pm to 2 42 pm…

Can you share how many lots did you trade?

I am going to work on this scripts tomorrow.
HCLTECH,
HDFC,
ICICI,
INFY,
KOTAKBANK,
TCS,
M&M. (All in long)

HCLTECH results are there before mkt hours … might affect infy and tcs
hdfcbank results are there as well

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What plans for today

I m not tracking any event.
In trading ,I have already predetermined my risk.

I don’t care about results.

( Until holding in demat)

Let’s invest: what is your view on reliance results?
Position or negative?

Results things are very complicated Nowadays.

Investors are bullish on this stock and think that there is More Uptrend to come in this Counter.

Looking at Chart strong support at 910 levels.
And Struggling to sustain above 935 levels.
If Stock will sustain above 935 It will move for 955-965 in Quick Trading sessions.

If goes down Use this opportunity to buy only.

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Thank you

  1. Follow the global markets (US markets in the night, SGX nifty in the early morning), In case of no news/triggers, NIFTY mostly follows the global markets and SGX NIFTY).
  2. For 18/01/2018, US markets ended with 1% gains before night & SGX Nifty was trading around 0.5% up in the early moring, NIFTY followed the same and opened around 0.7% gap up.
  3. For 19/01/2018, SGX Nifty was trading around 0.2% up in the early moring, NIFTY followed the same and opened around 0.2% gap up.
  4. In case of any unforeseen events/news, Its difficult to predict.

Hope the above points helps you…Happy trading…

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Anybody trading/holding CAPF?

Not Trading.

Thankyou

Didn’t you consider it after seeing its merger news?

It was already in News of IDFC Bank Ltd and Shriram Group Merge.
When IDFC bank shifted to CAPF.

HCLTECH 0.42%
HDFC 0.23%
ICICI, 2.15%
INFY, -0.8%
KOTAKBANK, 1.34%
TCS, 1.41%
M&M. 0.81%

TOTAL MOVE= 5.56%

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