Momentumstrategy
LOOK FOR BUYPrice bounced from the support zone on the higher timeframe and we can see clear impulse wave with the two HH and HL structure and also there is a trendline break confirmation, Now we need a clear buy signal to enter into the trade. This is the low-risk high-reward trade so look for the bigger target but take the entry on the lower time frame
POSITIONAL STOCKS FOR 2-3 MONTHWe have shortlisted some stocks as per the fundamental analysis for the positional trading but we do not enter into any trade with only fundamental.
We use our trading strategy to enter into the trade and the strategy based on price action technical analysis. We always wait for our setup to enter into the trade.
We take the trade only if the particular stock meets all our entry criteria, Most of the time we take entries in a lower timeframe like 15 minute or 1-hour timeframe.
There are lots of research behind the stock selection and the trading strategy, So please do not invest without proper knowledge, Do your own research before investing or trading.
And this list will be updated according to the market movement.
These are the stock list for the month
1 - SPENCERS RETAILS
2 - CESC
3 - GRUH FINANCE
4 - CHALET HOTELS
5 - PAGE INDUSTRIES
6 - BERGER PAINTS
LOOK FOR BUYPrice is trading at support zone on the higher timeframe and we also see some buying momentum from support with 1hr trendline break confirmation, Now we need a clear buy setup to enter.
MOMENTUM TRADE IN MINDTREE JAN (FUT)MOMENTUM TRADE IN MINDTREE
JAN FUT
RISING DOLLAR
BREAKING RESISTANCE ON DAILY AND WEEKLY CHART
FUT TRADE
BUY@885
STOP@865
TARGET@915
LOT:600
QTY:1