@Cubt
Thanks for sharing your trades and views
I have a small query if you can answere when have some min to spare
1. Out of Nifty 50 stocks how which are in NR7 how do you decide which one to play with
2. Suppose a stocks gaps up or goes up quickly in trade do you take positions?
3. I guess your Time frame is Daily correct me if wrong
Thanks for sharing your trades and views
I have a small query if you can answere when have some min to spare
1. Out of Nifty 50 stocks how which are in NR7 how do you decide which one to play with
2. Suppose a stocks gaps up or goes up quickly in trade do you take positions?
3. I guess your Time frame is Daily correct me if wrong
I don't necessarily trade only on Nifty 50 stocks, if there are no Nifty stocks under NR7 then I prefer stocks with great volumes.
If stocks breaks the NR7 high in gap up opening, I blindly go long and if it breaks NR7 Low in gap down opening then I go short. But I make sure that break point and my entry point should not have much difference. If I missed that and stock zooms very fast before I get in, then i ll skip that trade.
and yes. i follow daily time frame.