# Weekly trading diary: November Week 3, Profit/Loss for 13 Nov - 17 Nov 2017

**URL:** https://tradingqna.com/t/weekly-trading-diary-november-week-3-profit-loss-for-13-nov-17-nov-2017/25898
**Category:** Trading
**Created:** [November 12, 2017, 6:55am UTC](https://tradingqna.com/t/weekly-trading-diary-november-week-3-profit-loss-for-13-nov-17-nov-2017/25898 "2017-11-12T06:55:18Z")
**Posts on this page:** 20
**Page:** 7

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### Author: ![Spaceship](https://tradingqna.com/user_avatar/tradingqna.com/spaceship/32/8224_2.png) [@Spaceship](https://tradingqna.com/u/Spaceship)
#### Post date: [November 15, 2017, 3:59am UTC](https://tradingqna.com/t/weekly-trading-diary-november-week-3-profit-loss-for-13-nov-17-nov-2017/25898/124 "2017-11-15T03:59:24Z")

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> [@gopchem](#):
>
> I bought nov fut at 10232.4
> 
> Expecting 220 points in favour of me before expiry

Yesterday I commented on some other thread that my view is bearish but markets can surprise anyone. I prefer not to trade such position.

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### Author: ![Spaceship](https://tradingqna.com/user_avatar/tradingqna.com/spaceship/32/8224_2.png) [@Spaceship](https://tradingqna.com/u/Spaceship)
#### Post date: [November 15, 2017, 5:25am UTC](https://tradingqna.com/t/weekly-trading-diary-november-week-3-profit-loss-for-13-nov-17-nov-2017/25898/125 "2017-11-15T05:25:23Z")

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@gopchem 44 rs loss is not good. Total = 3300 rs loss.  
This is for 1 lot. If u are still holding & expecting an up move, its better to sq off & buy fresh position.

It will have more chances to get you some gain if markets move up.

My overall view remains bearish or sideways.

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### Author: ![navo](https://tradingqna.com/letter_avatar_proxy/v4/letter/n/ea5d25/32.png) [@navo](https://tradingqna.com/u/navo)
#### Post date: [November 15, 2017, 6:46am UTC](https://tradingqna.com/t/weekly-trading-diary-november-week-3-profit-loss-for-13-nov-17-nov-2017/25898/127 "2017-11-15T06:46:40Z")

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Sunph. could possibly break 460/430 in coming weeks, what are your views about it?

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### Author: ![Spaceship](https://tradingqna.com/user_avatar/tradingqna.com/spaceship/32/8224_2.png) [@Spaceship](https://tradingqna.com/u/Spaceship)
#### Post date: [November 15, 2017, 6:57am UTC](https://tradingqna.com/t/weekly-trading-diary-november-week-3-profit-loss-for-13-nov-17-nov-2017/25898/128 "2017-11-15T06:57:07Z")

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> [@navo](#):
>
> Sunph. could possibly break 460/430 in coming weeks, what are your views about it?

Who told you this?

I don’t predict movements like finding levels on charts. But I do give my views.

I am not sure about sunpharma but it seems to be in bearish trend. I don’t see it declining to 450 levels unless there’s some associated news.

But yes everything is possible in markets.

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### Author: ![navo](https://tradingqna.com/letter_avatar_proxy/v4/letter/n/ea5d25/32.png) [@navo](https://tradingqna.com/u/navo)
#### Post date: [November 15, 2017, 6:58am UTC](https://tradingqna.com/t/weekly-trading-diary-november-week-3-profit-loss-for-13-nov-17-nov-2017/25898/129 "2017-11-15T06:58:12Z")

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No one told me this, I read charts and anticipate

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### Author: ![gopchem](https://tradingqna.com/user_avatar/tradingqna.com/gopchem/32/73291_2.png) [@gopchem](https://tradingqna.com/u/gopchem)
#### Post date: [November 15, 2017, 7:28am UTC](https://tradingqna.com/t/weekly-trading-diary-november-week-3-profit-loss-for-13-nov-17-nov-2017/25898/130 "2017-11-15T07:28:07Z")

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Facing loss but hold it till NIFTY break 10100

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### Author: ![Spaceship](https://tradingqna.com/user_avatar/tradingqna.com/spaceship/32/8224_2.png) [@Spaceship](https://tradingqna.com/u/Spaceship)
#### Post date: [November 15, 2017, 7:33am UTC](https://tradingqna.com/t/weekly-trading-diary-november-week-3-profit-loss-for-13-nov-17-nov-2017/25898/131 "2017-11-15T07:33:56Z")

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> [@navo](#):
>
> No one told me this, I read charts and anticipate

I dont know what you read on charts & how could charts tell you that sunpharma can decline to 430.

Overall market is in bearish trend as I have said earlier. So everything is possible in markets.

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### Author: ![Spaceship](https://tradingqna.com/user_avatar/tradingqna.com/spaceship/32/8224_2.png) [@Spaceship](https://tradingqna.com/u/Spaceship)
#### Post date: [November 15, 2017, 7:35am UTC](https://tradingqna.com/t/weekly-trading-diary-november-week-3-profit-loss-for-13-nov-17-nov-2017/25898/132 "2017-11-15T07:35:06Z")

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> [@gopchem](#):
>
> Facing loss but hold it till NIFTY break 10100

Brother exit your position in loss and create a fresh short position.

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### Author: ![gopchem](https://tradingqna.com/user_avatar/tradingqna.com/gopchem/32/73291_2.png) [@gopchem](https://tradingqna.com/u/gopchem)
#### Post date: [November 15, 2017, 8:13am UTC](https://tradingqna.com/t/weekly-trading-diary-november-week-3-profit-loss-for-13-nov-17-nov-2017/25898/133 "2017-11-15T08:13:08Z")

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![20171115_133957](https://tradingqna.com/uploads/default/original/2X/3/32b0992fe92ef45ac71046082dbdc33a65f9e119.png)captured 11.5 point. Exited it thanks.  
@Spaceship

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### Author: ![Spaceship](https://tradingqna.com/user_avatar/tradingqna.com/spaceship/32/8224_2.png) [@Spaceship](https://tradingqna.com/u/Spaceship)
#### Post date: [November 15, 2017, 8:47am UTC](https://tradingqna.com/t/weekly-trading-diary-november-week-3-profit-loss-for-13-nov-17-nov-2017/25898/134 "2017-11-15T08:47:36Z")

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But brother u should have holded the short position for more time. Markets are in red. Told u.

You are ready to hold a loss making position for longer time but you closed down a profit giving position too early.

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### Author: ![Vigneshwaran\_Vick](https://tradingqna.com/user_avatar/tradingqna.com/vigneshwaran_vick/32/7204_2.png) [@Vigneshwaran\_Vick](https://tradingqna.com/u/Vigneshwaran_Vick)
#### Post date: [November 15, 2017, 11:07am UTC](https://tradingqna.com/t/weekly-trading-diary-november-week-3-profit-loss-for-13-nov-17-nov-2017/25898/135 "2017-11-15T11:07:05Z")

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Made some profits on the bank nifty 25200 PE. Traded with the support and resistance levels and it paid off.

 ![image](https://tradingqna.com/uploads/default/original/2X/6/66150397aa6e7d3c4f87dcb00312662b4728a294.png)

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### Author: ![gopchem](https://tradingqna.com/user_avatar/tradingqna.com/gopchem/32/73291_2.png) [@gopchem](https://tradingqna.com/u/gopchem)
#### Post date: [November 15, 2017, 2:07pm UTC](https://tradingqna.com/t/weekly-trading-diary-november-week-3-profit-loss-for-13-nov-17-nov-2017/25898/137 "2017-11-15T14:07:31Z")

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Yes if hold get more points. Trying in NIFTY. But failed. GBPINR is right choice. Sell at 86.28 hold and hold and exited at 85.9.

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### Author: ![Ravi\_Dixit](https://tradingqna.com/user_avatar/tradingqna.com/ravi_dixit/32/5561_2.png) [@Ravi\_Dixit](https://tradingqna.com/u/Ravi_Dixit)
#### Post date: [November 15, 2017, 4:26pm UTC](https://tradingqna.com/t/weekly-trading-diary-november-week-3-profit-loss-for-13-nov-17-nov-2017/25898/138 "2017-11-15T16:26:24Z")

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![kite](https://tradingqna.com/uploads/default/original/2X/4/4d4831d30dafb5b38e7f945d744e3bc650567847.png)

Be cautious guys as per Bollinger band it can reverse tomorrow like previous falls…previous resistance of last two falls could act as support… Last minutes buying also gave hint…

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### Author: ![Neeluru\_Anji](https://tradingqna.com/letter_avatar_proxy/v4/letter/n/f07891/32.png) [@Neeluru\_Anji](https://tradingqna.com/u/Neeluru_Anji)
#### Post date: [November 15, 2017, 4:26pm UTC](https://tradingqna.com/t/weekly-trading-diary-november-week-3-profit-loss-for-13-nov-17-nov-2017/25898/139 "2017-11-15T16:26:58Z")

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Bought Nifty Dec Fut@10230. But As per Global Data, it seems nifty again red tomorrow. Getting a bit fear about my entry. Can I hedge with Nifty Nov short Fut??

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### Author: ![Ravi\_Dixit](https://tradingqna.com/user_avatar/tradingqna.com/ravi_dixit/32/5561_2.png) [@Ravi\_Dixit](https://tradingqna.com/u/Ravi_Dixit)
#### Post date: [November 15, 2017, 4:27pm UTC](https://tradingqna.com/t/weekly-trading-diary-november-week-3-profit-loss-for-13-nov-17-nov-2017/25898/140 "2017-11-15T16:27:23Z")

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If it hold tomorrow at support then full strength upward trend can be seen from monday/tuesday… It can come 50 points down max but not more than that… then upward movement start and nifty will make new high before Gujarat election results…

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### Author: ![Neeluru\_Anji](https://tradingqna.com/letter_avatar_proxy/v4/letter/n/f07891/32.png) [@Neeluru\_Anji](https://tradingqna.com/u/Neeluru_Anji)
#### Post date: [November 15, 2017, 5:06pm UTC](https://tradingqna.com/t/weekly-trading-diary-november-week-3-profit-loss-for-13-nov-17-nov-2017/25898/141 "2017-11-15T17:06:36Z")

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Nice to hear that Ravi.  
Does it mean, it’s not needed to short Nifty ?? Saw somewhere if it’s not stand at 10080 then it’s fall upto 9985. Any idea ??

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### Author: ![Lets\_Invest](https://tradingqna.com/user_avatar/tradingqna.com/lets_invest/32/5406_2.png) [@Lets\_Invest](https://tradingqna.com/u/Lets_Invest)
#### Post date: [November 15, 2017, 5:11pm UTC](https://tradingqna.com/t/weekly-trading-diary-november-week-3-profit-loss-for-13-nov-17-nov-2017/25898/142 "2017-11-15T17:11:49Z")

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> [@Neeluru\_Anji](#):
>
> Any idea ??

I see strong support at 10080 Levels. If it break these levels I see hope at 10050 Levels.

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### Author: ![Neeluru\_Anji](https://tradingqna.com/letter_avatar_proxy/v4/letter/n/f07891/32.png) [@Neeluru\_Anji](https://tradingqna.com/u/Neeluru_Anji)
#### Post date: [November 15, 2017, 5:14pm UTC](https://tradingqna.com/t/weekly-trading-diary-november-week-3-profit-loss-for-13-nov-17-nov-2017/25898/143 "2017-11-15T17:14:20Z")

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Ok. Is required to hedge my position ?? Can I do it with short of Nifty Nov for 1 / 2 days??

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### Author: ![Ravi\_Dixit](https://tradingqna.com/user_avatar/tradingqna.com/ravi_dixit/32/5561_2.png) [@Ravi\_Dixit](https://tradingqna.com/u/Ravi_Dixit)
#### Post date: [November 15, 2017, 5:19pm UTC](https://tradingqna.com/t/weekly-trading-diary-november-week-3-profit-loss-for-13-nov-17-nov-2017/25898/144 "2017-11-15T17:19:43Z")

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Only if it breaks but i strongly feel that it would start upward trend by monday and will make new high .let see…

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### Author: ![Neeluru\_Anji](https://tradingqna.com/letter_avatar_proxy/v4/letter/n/f07891/32.png) [@Neeluru\_Anji](https://tradingqna.com/u/Neeluru_Anji)
#### Post date: [November 15, 2017, 5:20pm UTC](https://tradingqna.com/t/weekly-trading-diary-november-week-3-profit-loss-for-13-nov-17-nov-2017/25898/145 "2017-11-15T17:20:35Z")

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Ok. Cool… will see how it shape up my luck … 🙂

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