What a move!
On friday, we expected that market will take direction.
I mentioned the same in the night itself.
Anyhow which direction even i don't know. But as the market opened it was already a gap up.
I agree some of my trades got triggered stop loss because of high swing trades last week.
Here I again like to mention "repetition of trade"........
I always issue tight stop loss for the reason, we should not get caught on the wrong foot.
Lets say TATA Power, I was mentioning 96 and 95.
Once it got triggered stop loss, but from next time it started moving up non stop to 104.
TATA Chem I was long, Jet Airways I was short. It never recovered...........
I was keeping positions very light owing to volatility
I am not interested how many points Nifty moved, I am interested how much I gained from my counters....
Lets respect the trend, next week we will get lot of opportunities for trade. So tighten your seat belts and get ready for a ride.............
On friday, we expected that market will take direction.
I mentioned the same in the night itself.
Anyhow which direction even i don't know. But as the market opened it was already a gap up.
I agree some of my trades got triggered stop loss because of high swing trades last week.
Here I again like to mention "repetition of trade"........
I always issue tight stop loss for the reason, we should not get caught on the wrong foot.
Lets say TATA Power, I was mentioning 96 and 95.
Once it got triggered stop loss, but from next time it started moving up non stop to 104.
TATA Chem I was long, Jet Airways I was short. It never recovered...........
I was keeping positions very light owing to volatility
I am not interested how many points Nifty moved, I am interested how much I gained from my counters....
Lets respect the trend, next week we will get lot of opportunities for trade. So tighten your seat belts and get ready for a ride.............

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