Monthly RSI entering 50 is supposed to be strong. It can give us a multibagger over a period of 1 year or so.
Enter once RSI sustains over 50.
Exit upon RSI reaching 80 on monthly charts only.
5 March 2021
CMP - 242.35
Target - at least 100% in 1-2 years!
Stop Loss - Rs.205/-
RSI above 50 is not my strategy. Video Link in Related Ideas at bottom.
I am taking...
I have a very simple Intraday strategy which works really good. I would like to know your comments, advice or any faults you think my system might have, do paper trade this before actual trading.
After market hours I scan stocks in the 15 min time frame to find out which stocks have broken above or below a range of say 20 bars behind. Meaning from last 300 mins...
This video is about blind testing the world's best script on TV and see if it still generates the net profit of 4000-15000% of net profit in just 1.5 years . This means 40 to 150 times of initial investment in just 1.5 years. You can ofcourse deduct the fee/commission part of platforms and some more but still, this is too much. What I have done here is...
In today's trading session JSWSTEEL gives breakout of its previous resistance. Also, RSI indicating bullish divergence in stock. According to Fibonacci retracement level minimum target expected in JSWSTEEL is 474+ in the upcoming trading session.
Seen bullish RSI divergence in MANAPPURAM as well as its breakout neckline of the double bottom pattern on the smaller time frame in today's trading session. It indicating bullish movement in stock towards the 177.50+ target.
Ref chart. MACD crossover may happen on upcoming days in daily chart. This will trigger to price shoot-up. In daily chart Indicators are turning bullish from bearish . In monthly chart indicators are continuing the bullish momentum last few months. From this level it may move the further upside. Targets are given by using patterns.
****Note: If you noticed my...
IDEA and analysis is my personal view, take advice from your financial planner before any investment decision.
All needy things mentioned on chart and my previous bank nifty analysis.
If you like, please follow and share my analysis with your near n dear; and save your portfolio by booking your profit for a while.