A plunge in Indian Stock market
- Thread starter sspms2002
- Start date
Yep.. very true. btw... in the hope of this looser turning into winner, you are also loosing onto the opportunity to make money. see right now you aren't trading coz you have another trade in loss.. for all you know, you might have made up for this loss.
Anyways... all the best.. Hope you come out of it without getting hurt much. !
Yep.. very true. btw... in the hope of this looser turning into winner, you are also loosing onto the opportunity to make money. see right now you aren't trading coz you have another trade in loss.. for all you know, you might have made up for this loss. Anyways... all the best.. Hope you come out of it without getting hurt much. !
Anyways... all the best.. Hope you come out of it without getting hurt much. !
But i did experienced one this...that is seeing the stocks from a passive point of view..or from a spectator point of view...and realized the importance of discipline...Previously i used to enter stocks randomly and used to trade many stocks and positions.. But i realized that with a few good position more profit can be made...this is just an observation...not sure if i would be able to inculcate it in my thinking and practice...
No Trades or market watch today...due to guests at home..
Anyways aftermarket i saw that ITC was trading at 370 odds...I am still holding onto this looser from 374...But i am sensing that a good market was also not able to pull ITC to a higher price...or some body is deliberately holding it at this price..in anticipation of something big...
Anyways aftermarket i saw that ITC was trading at 370 odds...I am still holding onto this looser from 374...But i am sensing that a good market was also not able to pull ITC to a higher price...or some body is deliberately holding it at this price..in anticipation of something big...
I am not much into ichimoku nor ITC, but it seems that 374 is kind of a tough resistance.
OTOH, 365 seems to be a sort of support zone; the scrip looks oversold on the daily; last 2 days have had a narrower range than the usual, so maybe the scrip is due for a wider range day (can't predict whether it will be on the upside or the downside, maintain strict stoploss).
OTOH, 365 seems to be a sort of support zone; the scrip looks oversold on the daily; last 2 days have had a narrower range than the usual, so maybe the scrip is due for a wider range day (can't predict whether it will be on the upside or the downside, maintain strict stoploss).
No Activity today too..
@ Time pass: Thanks for that Vivid chart...I also think the same...although i could feel that the support at 365-366 is stronger than the resistance at 375....
As of now there are no New Buyers entering into this stock...so its kind of choppy/consolidating....I am just guessing any news on ITC will break it out...Probably in Jan first half...
My Stoploss would be around 365....I have already held it for long...
One more question to you...I am also thinking of opening an account with Zerodha...what are your views on it...Is the Platform NEST /ZT good enough...The only reason i want to open with them is to save on Brokerage.....
@ Time pass: Thanks for that Vivid chart...I also think the same...although i could feel that the support at 365-366 is stronger than the resistance at 375....
As of now there are no New Buyers entering into this stock...so its kind of choppy/consolidating....I am just guessing any news on ITC will break it out...Probably in Jan first half...
My Stoploss would be around 365....I have already held it for long...
One more question to you...I am also thinking of opening an account with Zerodha...what are your views on it...Is the Platform NEST /ZT good enough...The only reason i want to open with them is to save on Brokerage.....