Not much movement in the market falls from 26 Oct 23
Atualizado
Oct 26 2023 - market fell, but the price didn't react much
Almost moves above 350.
From few days, price is in a range but RSI is going up.
Good results, margins contracted.
Higher volumes than usual from 2 days.
Looking at the Doji today someone might have booked profit.
Wait for the price to retrace. It can move in any direction. Keep SL 363.
Aim for 400-405. Trail SL after that.
Market is weak so start taking low positions, if the trade is a success then average up with less quantities.
Keep your capital safe. Take risks that you can afford.
Almost moves above 350.
From few days, price is in a range but RSI is going up.
Good results, margins contracted.
Higher volumes than usual from 2 days.
Looking at the Doji today someone might have booked profit.
Wait for the price to retrace. It can move in any direction. Keep SL 363.
Aim for 400-405. Trail SL after that.
Market is weak so start taking low positions, if the trade is a success then average up with less quantities.
Keep your capital safe. Take risks that you can afford.
Nota
SL Hit but bounced up. I did not sell, Will wait for 358 closing and then will take a call.No logical reason, I still feel this will go up. So want to wait one to two sessions or price to close below 358.
Nota
100% chance that I am wrong but I am taking risk that I can afford.Trade ativo
405 target reached. I did not use GTT for this trade. Held even after SL hits.
Reasons to hold.
1. Stock retraced but no -ve volumes.
2. 12- 14 Feb Candles shows selling is being absorbed.
3. Main conviction is Parag Parikh, Goldman Sachs are holding this stock. Goldman Sachs increased their stake last quarter.
This may not work all the time but I took the risk that I can afford.
Exited 75 shares (Profit 2511/-).
Keeping 25 shares for positional with SL 358( Loss 336/- if SL hits).
Aviso legal
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