Idea on PMC FinCorp. Very Risky! Beware.BSE:PMCFIN is a very tiny little penny stock of market cap: Rs14 Cr. So kindly understand the risk.
Pennystocks
BULLISH TREND REVERSALthe stock looks bullish in short to long term(RSI-65 on weekly chart)
***Buy on Breakout above 72 for 1st Target roughly at 105 and 2nd Target at 125***
Target levels taken from previous weekly Support/Resistance
This is my personal opinion regarding this stock, do talk to your Financial Advisor before you invest
HFIL forecast in 2021-2022Buy HFIL in the range of 7.20-8
with stop loss 5.20 closing basis,
Target 9.20/10.20/13.50/16/20.20+++
BHEL kiss 42 BHEL - (CUP HANDLE PATTERN)
BHEL is at a key support area and seems to be a good place with good risk reward entry. BHEL defently reaches 42 stock price ....keep holding untill getting profits
Tata Power also looks very right position to play longThe trend lines are perfect and it shows any support with the trend line go for long
Follow me for an update on this idea
IOC looks bullish in rising pennat pattern so look for buying Looks bullish pattern and looks volume also good . You can pick the trade if you have seen any higher high formations
Positional Buy Maharashtra BankThere Is Buying Opportunity Technically in MAHABANK and Observe As Per Level's...
Build Long Position on retracement.This stock although a small cap, has shown significant returns since it's IPO late last year. Wait for a retracement to the marked green line and then build long position.
Jindal cotwe will open a position after it breaks the first green line and will use green line as a stoploss.
Lanco - A must for risky traders :) Plus -
Huge volume of buyers this week. Though penny stocks don't really care about trendlines, but still taken nice support and gaining momentum.
Minus -
Still a bad stock to trade as nothing is working well in terms of fundamentals.
STRICTLY FOR RISKY TRADERS as technical analysis never worked for me for penny stocks.
Penny StocksTea sector is available at rock bottom price as winter is on the way.Any Investors can be a part of the business by accumulating tea shares.Note that this is not a trading Idea .It is a part of investing in penny stocks.
As the consumption of tea is increasing regularly and the tea plantation is not expanding accordingly in future tea become a luxury item.
considerable stocks are MCLEODRUSS,AVTNPL etc
[B Plan Series -1] PTC IndiaHi Friends,
From today I'm going to post trade setup named as "B Plan" on Nifty SmallCap stocks & those posts will be tagged as "B Plan" .
I'm really excited that I'm gonna share something very unique with you. A type of trade setup which I held close to My Heart for so long, even now I'm oscillating about should I share this trade setup or not. Bcos, it's chiseled by years of hardwork n countless number of trial n error's,many sleepless nights to finetune this trade setup. That's why I have decided to share tradesetup only for this B Plan with Entry,Stops n Targets which itself a deviation from usual Style of analysis. Most of times, I've never posted trade setups with specific values of Stops,Entry,Targets
My ususal style is to post detailed educative analysis without SET values.For B Plan, I will share tradesetup with SET price values not the strategy behind it bcos of previously mentioned reasons. So why I'm sharing it with you ???
There are so many Myths about trading in markets, so to clear the air.
Myth 1 : We need 50000 or more to make money in markets
Myth Buster : Nope, I will post only NiftySmallcap stocks , mostly within 100 to 500, so 10k will be more than enough.
Myth 2: None of the strategies work, all are fakes
Myth Buster : This setup will be proof & motivation to all frustrated traders out there, you just need to do the hardwork to find your strategy.
Myth 3: To be profitable we should win every trade, no space for losing trades
Myth Buster : You are in wrong mindset friend, if you find strategy which wins more that 70% time, you found heaven in Desert. Success is striking balance between your win/loss % with risk you take.
Myth 4 : I should double my money every month.I can get rich overnight.
Myth Buster : Nope, if you want that you should be ready to lose much which is terrible mindset of trader. There is no get rich quick scheme in trading !
Myth 5 : Penny stocks ( stocks below 100 & 200 ) ,You can't make money trading those.
Myth Buster : We are going to concentrate only on those stocks, you will realise how they are being awesome Penny Monies.
Overview of B Plan trade setups :
1) We are aiming at very small risks & good profit moves
2) Timeframe of 1 or 2 days, not more than that
3) Cut our losses with trial stops, Penny saved is penny earned
4) This is not 100% winning strategy, We win more than our Loss. Thats the B Plan !
These series of posts is only to boost your morale & confidence with some insights into designing trade setups, take the trades only if it's in your trade plan.
*** B plan Brings Best Trades n Big Profits ***
