Waiting for a breakout on either side for fresh position. No position held overnight.
Time to enjoy the weekend.
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@alpha • Reputation: 562
Last two trading days many stops would have been hit. Non trending market are bad for traders.
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@alpha • Reputation: 562
Today's rally could be a short covering rally because of the gap up.
Only fresh buying to take it higher.
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@alpha • Reputation: 562
Corona Virus fallout grows which is not stopping Indian stock market. Is the fallout advantage to us.
Tomorrow is a crucial day just before the long weekend.
Will keep the positions light.
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@alpha • Reputation: 562
International markets most indices are flat to negative so was Nifty today.. Closing days surprise recovery...
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@alpha • Reputation: 562
In a flat market surprisingly CBOE Volatility Index (VIX) is up 10%
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@alpha • Reputation: 562
Apple has come out that due to Corona Virus it will not be able to meet its quarterly estimates coming quarter.
Being a heavy weight one can expect some bearishness in the coming days.
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@alpha • Reputation: 562
Corona Virus cases again rise in China. Selling pressure to remain.
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@alpha • Reputation: 562
Keeping the volatility in mind we had picked last few positions in defensive stocks which has given positive performance.
Everytime there is rise in volatility defensive stocks perform better.
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@alpha • Reputation: 562
Market has started to stabilise after the news of containment of corona virus. Bonds are performing much better and showing sign of positiveness.
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@alpha • Reputation: 562
Long term trades should wait for clear direction for taking further position.
One can sit on cash till the opportunity arises.
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@alpha • Reputation: 562
Nifty trading in a range bound market with volatility. Only the stop losses are getting hit.
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@alpha • Reputation: 562
If you take a trading position in the middle of on going volatility there are high chances that you would end up in the wrong trade.
Give some time for the market to settle before taking position.
#Alphaadvice
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@alpha • Reputation: 562
Alpha in NIFTY-50The strength of the overall market trend can be...
Small cap and Mid cap have not participated as much as Banknifty and Nifty
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@alpha • Reputation: 562
The strength of the overall market trend can be gauged only from the participation of stocks in a rise or fall. If more stocks and sectors participate in a rally, it is a sign of a healthy market uptrend. If the benchmark index rises without the participation of a wider basket of...
Read more...
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