BUY GUIDANCE: Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
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)
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: The breakout levels are derived from the weekly line chart which is respected much more by smart money.
DISCLAIMER: I reserve the right to be wrong. I am not a SEBI registered analyst. Please consult your financial advisor before investing.
@apoorvsinghasr, Metals have turned bullish in a weak market. Good stock to hold in this environment.
Minhaj_AK
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Detailed analysis...wow!
rebelinside
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@raavigeorgian , Bro its been very long time no analysis from your side, hope you are doing good. ❤
raavigeorgian
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@rebelinside, thanks for asking. I've been very well. Just that my day job has gotten a bit hectic. Will be posting something exciting sooner. Meanwhile, BEML and India Glycol are ripe for a breakout.