Just like on the 26th, our politicians gave their beloved voters A SURPRISE again yesterday. Just like the ASI moving up 60+ points on the 26th, we saw the market closing 48 points higher on Friday the 9th of November 2018. At this moment I hear a lot of folks saying that what they predicted is what happened. They say " Saw I told you so, blah, blah, blah ". If you are one of those, if you are also one of those who like short term profits in the stock market, tell me this, Just as you are telling me that what you told in politics happened, did you use that to make short term profits in the stock market FOR YOURSELF? Did you!!! If not, think to yourself, when these politicians are sucking you up and making billions, you are not even making 2 rupees in the market, by using your brains and time. What is the use of predicting what politics is doing, when you can't use that time to make money for yourself. Only charts will help you to do that. Practice to learn that, without wasting your time like a Naatami talking about politics, and confusing your self more than even a labourer. Chart will help you to trade, make money and be peaceful when all are talking of how to run the country.
The bullish close we saw will persist in the morning sessions on Monday the 12th due to the actions of the aforementioned politicians. How strong the momentum will be could test the resistance levels we see in the 15m chart as explained inside the image given below.
If you are a trader then you need to get into action and trade with your buy, sell and stop rules.
AEL, TKYO, COMB, JKH, SAMP, MGT, LLUB and TJL are the once which will show you more action. Hence better get busy with these counters.
If you want buy, sell and stop levels on the above stocks to trade on Monday, and you have an Atrad online connection, please WhatsApp me on 0773219506, today and tomorrow, I will be happy to share them with you.
No comments:
Post a Comment