AvinashGaikwad
Long

Momo setup

NSE:IFCI   IFCI LTD
118 views
1

Sl 28
Trade active: SL: 26.5
Trade active
Comment: SL 27.5
Comment: momo fade away.. wait for april end..if not perform will exit.
Comment: momo fade away.. will wait end of april..if not perfrom then kick off stock.
Trade closed: stop reached: 7% lost

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Momo stands for momentum... if the stock trending from last 5-10 days then its high probability it will trend continue for some more days lets say 5-7 days..

Its has high probability and very short term trade.. capturing 10%-20% within weeks possible.

Check Atlas Cycle same kind of setup i traded..

In short its parabolic moves... quick trades... so called momo setups


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AvinashGaikwad AvinashGaikwad
@AvinashGaikwad, latest nifty shown same kind of setup
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Can you please explain Momo setup?
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@vanathi, explained below
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vanathi AvinashGaikwad
@AvinashGaikwad, Ok. Got it. Thank you...
Reply
Pl elaborate on Momo set up
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AvinashGaikwad RakeshShah
@RakeshShah, explaind below
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