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raavigeorgian
Jul 18, 2021 8:01 AM

SAIL - VCP above 10yr BO Long

STEEL AUTHOR INDIANSE

Description

SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)

BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times. Try to buy between 3:15 - 3:30PM, later the better.

SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.

Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.

Note: I reserve the right to be wrong.

DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
Comments
Chinmayonniftyy
Semms like the metal rally is about to resume within few days..
raavigeorgian
@chinmaypatnaik, that’s right. The results are round the corner.
raavigeorgian
If it closes more than 10%, the momentum is likely to sustain next day. Buy high sell higher becomes a greater possibility than buy low sell higher.
Sunny012
sometime stock moves more than 10% before 3pm from given levels. what can be done in that case?
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