AvinashGaikwad
Long

We got the bottom....

NSE:IL_FSTRANS   IL&FS TRANSP NTWK
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3
102 6
stock is making higher high and its first time.

stock bottomed out nicely.

sl 100
Comment: Sl 97 as its always found that ... 100(even) no is place for SL hunting..
Comment: Momo faded but lets wait for some time 1 month otherwise exit.(time exit) There is no meaning remaining in stock which does not move.
Comment: add another leg with sl 97
Trade active
Comment: look like stock in consolidation zone. we will wait for some time End of month and if its not making new high we will get out...
Comment: exit at breakeven as momo fade away.
Trade closed manually
How many stocks you track?
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AvinashGaikwad sujaybodas
@sujaybodas, i screen the momo stocks... generally 10-20...watechlist
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sujaybodas AvinashGaikwad
@AvinashGaikwad, Could you please tell how you scan them?
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AvinashGaikwad sujaybodas
@sujaybodas, go to TV screener and then select RSI indicator( you can select any) edit the parameter and and you will get list of stocks..
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AvinashGaikwad AvinashGaikwad
@AvinashGaikwad, i USE for momentum RSI 60 level scan.
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sujaybodas AvinashGaikwad
@AvinashGaikwad, Thank you for sharing!
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