Query : I do not use/follow stop loss. For example if I purchase 100 share @ 100 Rs if share value @Rs 102 means I book and exit if going down means wait (Mentally thinking coming up like that) finally sell @ Rs 80. 20 Rs loss per share. How to control this? Answer : I have seen this problem among many new traders. Not closing the trade when it hit the stop loss...
Chennai Petro - Wait and watch
current price 47.15 stoploss 49.75 1st target 43.75 2nd target 42.05 3rd target 40.60 Disclaimer: All posts/views are for educational purpose only..!! Kindly contact financial advisor before taking position/decision.
stop loss 30920 look for pullback till 30900 , and then look for short. 1st target ===30200 2nd target ===29064 3rd target ===28420 4th target=== 27720 5th target===26737. Disclaimer: All posts/views are for educational purpose only..!! Kindly contact financial advisor before taking position/decision.
Query : I do analysis & plan my trade. But I am not disciplined. I am trying, but still discipline seems tough. What to do? Answer : During the market hours, seeing the live market chart makes us question the analysis we have done earlier. Its human nature to want to be right always. This makes us do irrational decisions in trading. In other words, its the "ego"...
NSE:NIFTY
On a 4h chart infy following a descending pattern. With overbought RSI correction seems likely. Please share feedback generously. Thanks for viewing.
Gold looks like testing the resistance and headed for a correction. Feedback is appreciated. Thanks for viewing.
Until it holds lower trendline, we can see one more upmove to complete e wave of expanding triangle. this view is invalid if it breaks the trendline and close below it.
Price is consolidating forming an ascending triangle.
BANK NIFTY.. double top.. at support Stuck between 20 and 50 dma Negative Divergence...
The stock is in a strong downtrend. Morning shows sharp up-move but failed to hold and selling pressure mounted as the stock retested previous supply zone. Can clearly see the RSI divergence and sharp fall at the end of the day.