Accelya Solutions for 60% gainAccelya is a software solutions provider to global airline and travel industry, the sector that is booming more than ever. The stock looks good to attain a mid term target of 2750, also the 1.618 Fibonacci level, visible on the chart. In addition, a cup and handle (C&H) is under formation since Feb 2017 which has a target of 3000+. In any case, a 60% jump is attainable in the next 6 months to a year i.e a minimum of 5% a month.
Remember, the easier it seems, the more it tests your personal traits. This is not a trade recommendation. Please do your own due diligence.
Airlinesstock
Indigo Airlines : Positive news, good results & bearish analystsIndigo has broken through life highs and moving towards 2500 plus. This template can help you both if you are long as well as if you are thinking of buying now. Or more imp - if you are long and Indigo corrects by 5-10% (which it def will on its way higher)
What sparked the rally in Indigo? Bearish sentiment, Go Air or crude oil - and why its imp to understand that
Now that one is long (assuming) what to do when the stock pulls back to the 21 EMA (2200 odd)
What are catalysts that sparked this rally - Why is the street so bearish on it? And does their bearishness help or hinder the rally?
Looking at regional airlines like Qantas, Singapore performance in this quarter
Airlines businesses are always called the million-are makers - You start as a billionaire and destroy enough wealth to become a millionare. (is that true?)
All comments and criticisms are welcome!
Indigo Airlines : Looking forward to enter into positionIndigo Airlines is a market leader in Airline sector in India. Currently the price is in a channel. Looking forward to buy the stock if it touches the bottom channel line again in the coming days and will be targeting a profit of about 20%. If price crashes, then will be adding on to the position only if it falls to the bottom of the ascending channel.
INDIGO: ALGO SELL/BUY SIGNAL PERFORMANCEHOW TO FOLLOW ALGO SIGNAL:
Deciding buy/sell
1.Strictly use only on 1 hour time frame.
2.Wait for a ‘X’ sign before mind make up. A red ‘X’ means look for selling opportunity , a green ‘X’ means look for buying opportunity.
Taking a position:
3.Wait for an arrow before entering into any position. A red arrow on upside of a bar pointing downward means open short position. A green arrow below the bar pointing upward means open buy position.
4.NOTE: Only after the the signalling of X , look for arrow. Do not buy/sell if you see any arrow before the signal of X.
5.STOP LOSS should be the most recent swing high/low or most recent STRONG CANDLE’S high/low.
While maintaining the position :
6.The small triangles after the each bar completion tells you to hold the position. The red triangles appearing upside on the bar tells you to hold the short position, whereas the green triangles appearing below the bars tells you to hold the long position.
Exiting the position:
7.After you create a buy position , if you see a green arrow above any bar pointing downward, then you should either book partially/leave the position for sometime. You will get another signal to re-enter.
8.Similarly, after you create a sell position , if you see a red arrow below any bar pointing upward, then you should either book partially/leave the position for sometime. You will get another signal to re-enter.
9.While being in position if you see any X signal which is opposite of your trade , then leave your position immediately.
10.When you see a big red circle dot then you must exit all your short positions. Contrary , when you see a big green circle dot , you must exit all your long positions. And then wait for a X-signal.
No Trading Zone:
11.When you get frequent X-signals in green-red-green-red & that too very close, then its means that stock is going to form a range. One should wait for the range break & move away to another stock. (THIS IS WHERE YOU WILL REQUIRE A PRACTICE TO IDENTIFY THE RANGE)