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Reading Price Action

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Price Action Notes August 1.0

August 4, 2020 by 2deepaksingh 14 Comments

Starting Date: August 4 2020

Disclaimer – The state of the market notes is Deepak’s perspective on the market. The column is purely for educational purposes. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers

Filed Under: Daily Dose

Reader Interactions

Comments

  1. Amit Jain says

    August 4, 2020 at 1:17 pm

    Should we hold on to APT or better to exit. They also posted a correction to the results announced in the morning

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    • Amit Jain says

      August 5, 2020 at 1:51 pm

      APT ?

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      • 2deepaksingh says

        August 5, 2020 at 1:52 pm

        Wait for some bounce to exit near 20

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  2. Jatin Doshi says

    August 5, 2020 at 8:44 am

    Has $PG broken out above 127-128? Can we enter?

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    • 2deepaksingh says

      August 5, 2020 at 1:51 pm

      Yes but its a defensive stock

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  3. Ajay Srinivasan says

    August 5, 2020 at 1:09 pm

    any additions to your “ideas” list ? they were very good picks

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    • 2deepaksingh says

      August 6, 2020 at 1:29 pm

      I will update soon

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  4. nishanth.fremont says

    August 5, 2020 at 4:04 pm

    ADT is at 11.9 after hours. Should I exit or wait till tomorrow morning ? Quarterly numbers look good.

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  5. rrkanche says

    August 5, 2020 at 9:12 pm

    Gold & silver had a good run in the last few weeks. How does Platinum look?

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  6. Tarun Jain says

    August 6, 2020 at 7:40 am

    Silver 20% run in 5 days.. HOLD or. Should we book some profits here ?

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    • 2deepaksingh says

      August 6, 2020 at 7:41 am

      I have no idea..it’s up 50% in 15 days

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      • Tarun Jain says

        August 6, 2020 at 7:49 am

        Yes still looks strong but it has achieved my personal target so booking half here. It was additional money I took out for specific move ( it was sitting in savings account for 0.25% ) .

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  7. Amit Jain says

    August 11, 2020 at 7:38 am

    Hi Deepak, How to play WORK now, should we exit ?

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    • Amit Jain says

      August 11, 2020 at 7:39 am

      Its now under 200 Day Avg

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