“Trading has a logic of its own. If you allow losses to run, the logic is that you’ll be wiped out. Over many different trades, the market will exploit any weaknesses in either the trader or his/her system. Statistically, a few ‘bad’ traders will do well for a while – but not in the long run,” he writes.
Tech View: Nifty eyes 24,050 as next target; support at 23,550 from put writing. How to trade on Thursday
Tech view: Rupak De of LKP Securities noted that the Nifty could move towards 24,050 in the near term, with support at 23,500, where maximum