#Spotted - December 4th week
#Spotted is a weekly segment where I show trades taken during the week based on the strategies from the Strategies section.
I will publish every Friday all share trades that I took (successes and failures) from Monday to Friday.
#Spotted in only for you to get an idea on how the strategies work and what you could do in the future.
Please do not blindly copy me since these are old trades and represent a missed opportunity.
Instead learn the strategies and try and identify trades on your own. It's easy.
(Click here to learn the strategies I have shared.)
As of today, I have only shared the 20 day MA (Moving average) strategy with you, so I will only be showing trades I made based on it this week. As I share more strategies, I will start sharing more trades.
It was a rather short week this one. Monday was Christmas and so markets were closed that day.
I had only two trades based on the MA
1. Just Dial Ltd (which I shared in the #TuesdayTip.)
2. Bharti Infratel
Just Dial
Received a buy indicator on 26th
On 27th placed buy order at Rs. 235.
28th stock fell by 2% and was forced to exit at a loss.
Bharti Infratel:
Buy Indicator received on 27th Dec
Buy order placed at Rs. 369.5 on 28th Dec
Target: 383.4
Stop Loss: 363.9
(As of today, stock has risen Rs. 9 per share)
That's all for this week's #Spotted a rather dull end to the year.
Let's hope for more interesting weeks in the New Year.
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See you soon!
Please note 'Simple Trading' is an educational website and not for investment advisory services.
Do not take trades just because I spoke about a stock, take trades only when you understand the strategy and risks involved because the risk is solely yours.
You must know that trading involves risks and no strategy is 100% right. Losses are possible and expected.