Trades aren't working at the moment. Why? Reason: Overall Market is...
Saurabh Gupta 📈@MaiHoonSaurabh
19 views
Jan 05, 2025
~1 min read
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1
Trades aren't working at the moment. Why?
Reason: Overall Market is weak and we have see it time and again that 3 out 4 Trades follow the general market direction.
The 52w High nos. are quickly dropping and the 52w Low nos. have started increasing as well.
I'll sit out at least next 2 days to start entering any new stocks.
After today's Gap down opening, all my SLs and TSLs have hit, I'm in 100% Cash at the moment.
Reason: Overall Market is weak and we have see it time and again that 3 out 4 Trades follow the general market direction.
The 52w High nos. are quickly dropping and the 52w Low nos. have started increasing as well.
I'll sit out at least next 2 days to start entering any new stocks.
After today's Gap down opening, all my SLs and TSLs have hit, I'm in 100% Cash at the moment.
2
52w Highs dropping further.
52w Lows increasing further.
No Trade day for me tomorrow as well.
Will patiently wait for the market to show some strength.
52w Lows increasing further.
No Trade day for me tomorrow as well.
Will patiently wait for the market to show some strength.
