@karthikbalki Dear Karthik, I do not follow any advice on TV but do my own trading strategy. I went short on crude on 13th & covered on the 17th. I used a 30 mins chart and sold using the XTL trade. My issue is that a lot of people who do not know technical charts would have lost money.
@karthikbalki@kedianomics@cnbctv18 Karthik, Attaching the brent crude daily chart. Elliot wave is down 5. PTI is 82. Where is this a buy? No logic buying at $27. Stop loss of $19 also makes no sense. We went all the way down to $16. A technical analyst should always make a trade with charts & not by gut feel.
@NirajKumar1977 Sir, I was short on crude on 13th Apr & covered my positions on the 17th. Made a profit of 90K. I have been a technical trader for over 10 years. The problem is that it was @kedianomics opinion on the trade which was not backed by technicals. The crude charts was never a buy.
@karthikbalki Sir, please see the timeline of @kedianomics. He has called me stupid, fool, idiot, rascal... Not sure how @CNBCtv18 is fine with the language he uses on Twitter. He is representing them. He also insulted Rahul Mohinder who is one of the best technical analysts in the world
@GauravPandya Sir the call was to buy light crude (Brent) at $28.4 target $40 Stop loss $19. Stop loss triggered last night. That is a stop loss of 33% of investment. Charts did not give a buy on Apr 15. So this was his view which was not backed by technicals. That is my problem.
@shubhchin Sir the call was to buy light crude (Brent) at $28.4 target $40 Stop loss $19. Stop loss triggered last night. That is a stop loss of 33% of investment. Charts did not give a buy on Apr 15. So this was his view which was not backed by technicals. That is my problem.
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