Momentum is Back? | 02-12-2022

Momentum is Back? | 02-12-2022

With India VIX slightly rising to 14, looks like the momentum is back in the market.

Today's trade was based more on opinion than the setup. We saw weakness in both Nifty50 and Bank Nifty yesterday. Also, reliance closed red. Compared to Nifty, Bank nifty was more happening yesterday and hence, we chose nifty today.

No alt text provided for this image
The chart should be self-explanatory :)

Also, two of our lovely members texted us yesterday requesting to share the daily order book for them to analyze and learn.

Unfortunately, We don't believe in sharing daily order books and profit because:

a) The obvious one, It is private financial data and

b) It tends to cause more harm as people conform to unrealistic expectations.

But, this one time we will put in our order book :)

No alt text provided for this image
Again, the distorted bit is the order size. :)

Do show us your support by liking and sharing this post :)

Thank you for reading.

Disclaimer:?This is no advice. The sole intent of this write-up is a case study and educational purposes only. Investing / Trading in the stock market involves high risk and can result into heavy losses if indulged in without proper knowledge and risk management. Please consult your financial advisors before investing/Trading. If you decide to act on any of the mentioned case studies, it shall be solely on your accord and your own responsibility.

要查看或添加评论,请登录

CA Imran Wasta的更多文章

  • The Ultimate Price Action Masterclass

    The Ultimate Price Action Masterclass

    Update - Thank you for the overwhelming response! Registrations for our masterclass are now closed as we've reached the…

    2 条评论
  • How to Choose the Right Stock Market Mentor IMO!

    How to Choose the Right Stock Market Mentor IMO!

    Be it walking the first steps in life or running a 100M sprint in the Olympics, we all need a mentor. Here is a quick…

  • Logical Investment Themes

    Logical Investment Themes

    ?? People usually find it difficult to Invest in a strategic manner. The stocks in their portfolio are either based on…

  • The Art of Portfolio Management??

    The Art of Portfolio Management??

    #LearnWithTC A lot of my learnings came from just observing great minds at work. Here is the portfolio of Mirae Asset…

  • The wealthy always have a financial edge ??

    The wealthy always have a financial edge ??

    ?? Here's a Harsh truth in the world of Finance, "the wealthy always have a financial edge" ?? ?? When we chose to…

  • Report Card ??

    Report Card ??

    Today we analyze some of our trades for the last few months. ??These are documented on TradingView.

    3 条评论
  • Simple Investing Ideology- Ft. TWTC

    Simple Investing Ideology- Ft. TWTC

    ??You need to read this Simple Investing Ideology from #TWTC If the fundamentals of a Company are good, we religiously…

  • 1:7.5 RR + Announcement

    1:7.5 RR + Announcement

    Today, I'm sure we all felt a pinch when our portfolios fell face-first into bruises. However, keeping emotions in…

  • Monday Greens | RR of 6:1 ??

    Monday Greens | RR of 6:1 ??

    Hello There, We meet again. Apologies for being away this long but had to post today.

  • The broken Horns | 01-12-2022

    The broken Horns | 01-12-2022

    Oh Boy! what a start to the month of December. Here is why there is a difference between textbook learning and actual…

社区洞察

其他会员也浏览了