The most difficult part of the swing to trade is current phase..
When markets in trend.. are approaching towards resistances.. trades in overbought zone.. selective counters showing buying interest.. other's consolidating or correcting..
One just guess .. Should buy or sell or exit..
*The best thing one can do is just reduce* Be lite avoid leverages.. take partial profits.. Reduce holdings and get partially in cash...
Bcz it's just a halt not a reversal.. just a corrective swing not a trend reversal.
Be lite and sit tight..
This market remains Buy-On- Support market for months to come.
Keep focus on-
1) Qty management &
2) Risk management
3) Hedging
4) Be selective
#alliesfin
@axitdshah
Rest market will take care .
By: via @AlliesFin Serve Stock Market
Equity | Commodity | Currency | Online | Trading | Training | Wealth Management | NRI Services
🇮🇳AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post
India’s gross GST collections hit record Rs 2.42 lakh crore in April, up 8.7% - The Economic Times https://m.economictimes.com/news/economy/...
-
*News Headlines from Business News Agencies :* *Business Standard :* Govt has scope to increase capital expenditure this fiscal, says IC...
-
India Daybook Stocks in News *Siemens:* Company secures two separate orders worth Rs 773 cr from MAHA-METRO. (Positive) *NCC Ltd:* Comp...
-
GIFT NIFTY -45 (25590) from last trade 25625 Nikkei -77 pts , Hangseng -87 pts , Dow -165.60 pts ,Nsdq +5.95 pts, S&P -4.46 pts , ...