Strictly No. Never average the losing trade...
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The market is Supreme, you cannot predict it my friend, But you can control your trade.
It may come down to 534 and reverse, or more lower to 519. So take decisions as per your trade.
Never Trade without Stop Loss...
@sonubarnwal I am doing Stock Trading as a business not my side income, it's a business. It's never going down. Doesn't matter if you are in DT or UT. Just trade with the system and you will always be Profitable.
No one knows too much about the Stock Market, I am just sharing not my knowledge but my experience.
I lost 8 Lakh approx. in the past 2.5 years but since January I am back in business.
With the rest of my 2 lakh balance, I am now in the profit of 2.30 in the past 4 months. Now my...
As per my assumption, it can go up to 464 first then it will take rest for a week and then start moving to 504.
Note: Be Rigid with your SL and always trail with your Profit.
@smartmoneymoves not really but will now go in consolidation mode then in April results will start to release and momentum will shift accordingly.
I think it's cooling off because ahead is the date of April 2nd (reciprocal tariff date). All expires are just 2 days away.
As per my assessment, you can hold this till 10.70 and if it crosses 11.30 then it may reach to 12.95.
Note: Never trade without SL and Never average a losing Stock.
you have to take this decision. Tomorrow is weekly expiry then a long weekend. Market is like Pal mein Tola and Pal mein Maasha due to Trump tantrums.
There is no sign for coming it up very soon. If you want to wait it’s up to you but as per my assessment it will go more down so no beneficial to make more loss.
Remember: Never make any position in SM without SL and Never average a falling stock.