SPY was too volatile when it started in the morning session . I was eagerly waiting to short Plug when I saw it opened higher with the gap .
It was just amazing for me when market too started going in the direction of my stock . Finally , I got what I deserved .
When you understand where you have to buy and where you to sell then definitely you can catch these moves.
When everybody was buying , pro trades were selling . There was lot of resistance for bank nifty in the opening session at high's.
I found bank nifty more weaker than nifty in the morning . That was the reason I shorted Bank nifty .
It was one of those day's when a stock like TSLA was trading around it's lifetime high but it could not get the market support . Market was trending down so I became very cautious and covered my positions very quickly .
On the previous day there was a strong profit taking , so I was expecting a rebound in the market . But for that you need a very good entry to join the run .
Just got a perfect entry at the bottom and made my day .
When you want to go long in a stock which is opening gapped up , then forming a bull flag , breaking a resistance and finally with the market support where will that stock go . There is only answer to this and that is high . It was just a dream setup every trader needs for making money .
A full confidence trade with double size .