From a day of small moves to a day of huge big move on the upside.
This hurt our trades very seriously.
I am not putting up the image. My keyboard is stuck partially and I am using on screen keyboard.
We are in for a large move based on the international trends.
Just have a look.
A sea of red with Nasdaq falling 4 percent.
A look at SGX NIFTY:
With 240 points down, we do not know how our trades will work out.
Let us stay cautious and hope that the day turns out well.
Disclaimer: This post and examples are for teaching purpose only and are not meant as advice/suggestion to trade in these stocks. Trading in Futures and Options can lead to big losses and should be done with appropriate knowledge and advice only. Mentioning the stocks here does not imply that I have a trading position or likely to take a trade in these stocks.
Comments
Azar Shaikh October 11, 2018 at 8:00 am
May be things will change drastically in favor of put buyer.Hold and Seat tight. Very volatile day today
ReplyDwijesh Bharadwaj October 11, 2018 at 9:45 am
Hello, What do you suggest I averaged my SBIN position to 2.35, should I sell or hold.
Replydev October 11, 2018 at 3:37 pm
I don’t know how I controlled myself today from booking the recovered money , I think i stepped on the way of nerves of steel.
ReplyNilesh S October 11, 2018 at 6:18 pm
Yes, same here
ReplySomehow I controlled myself from exiting the trades. Keeping the nerves and hoping for best..
PRAKHAR October 11, 2018 at 5:26 pm
There is No problem Pramod Sir from swings. Donald Trump will surely come to our rescue by end of the month. Breaching S-400 and Iran sanction by GoI would surely help put buyers.
Reply