May 8, 2019 at 11:27 PM #99812mayurpatel3004Participant
Question :can I invest in X stock that open with 1% to 2% increased suddenly or with market opening (time nearly 9:15 to 9:18)?
My situation : I identified that X stock is on reversal and got BUY signal in Y date.but next day that stock price increased with marketing opening time (nearly 9 :15 to 9:18 am ) with nearly 1.5%. I confused that should I invest or wait till 10:30 am to buy in best price (I found in video of Nitin sir that suggested best time to buy is nearly 10:30 am ). (NO ANY NEWS FOUND ABOUT X STOCK THAT CAN INTERRUPT TECHNICAL ANALYSIS)
I was getting panic that should I buy or not!!
my thinking : if I buy, then it can fall some % because it opened with up move suddenly (may be I can buy with decreased price). if I don’t buy, it can continue up move and I’ll not have benefit for strong up trend.
waiting for reply from sir and good learners……
May 8, 2019 at 11:51 PM #100473SANTANUMAJI1994Participant
1>if a stock gap up from your buying target price then wait ..watch carefully ATP(average traded price) if it available near ATP then you can buy..
2>if you want to enter the stock but stock is not near atp then wait for last minute(3:29pm) and place a order near atp..if you are lucky then your order will be successful.
3>last option :- u can enter but then u must adjust your quantity because your stop loss also increased..you can reduce risk by reducing quantity..
hope your doubt clears
May 9, 2019 at 9:03 AM #101175Nitin BhatiaKeymaster
Stay away if it is hot stock or news driven
May 11, 2019 at 11:38 AM #104204mayurpatel3004Participant
Thank you sir and santanmanji for advise..
Now , i think its better to stay away.. and find another roller coster
Thank you for your precious time to read and reply me…
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