Fundamentally good stock, Good for 2-3 weeks holding. For short term investment in cash market'. Leave a " Like If you agree ". 👍 . . Entry: 76 target: 79 - 88 - 112 sl: 68 major stoploss / support: 63 . Enter only after breaking & close above " Yellow box" mentioned. Or else wait for some time. ' ' Don't make complicated trade set-up.📈📉 Keep it " simple,...
Day 35: Not much movement today. Remained negative during the day. I am increasingly getting this feeling that intraday is not worth pursuing. The time market is open is very less, the first half hour or the full hour goes just in trying to figure out where the market wants to go and by the time you think what you'd like to do, it stalls and gets into a range. By...
Day 34: What a bad day it has turned out to be. Market gyrations has given me losses for all the trades taken. The algo was correct, the logic captured the direction of the market, however the intraday pullback of the market was beyond its normal limits (or as per the set calculated limits over a certain time) and kept hitting SL everytime. Took four trades, all...
Day 32: Day opened good, however could not sustain bullish momentum and gave up all the gains. Algo waited till it got the pullback. First trade turned out to be loss making as market played mischief and got me out. On the second trade also market tried to play mischief but the sellers were very strong and did not allow it to go beyond my SL and hence was saved....
Day 31: Day opened bullish, my stock opened and immediately ran up to its high point. Algo did not trigger as it is deisgned to get in on a pullback. Got an entry; market tried to cheat but could not succeed and was saved. However later on the market cheated and threw me out with a minor profit. Algo again got triggered but in the wrong direction, suffered small...
Day 30: Made a mistake today. Market was bearish in the morning and algo took a position which went on to be incorrect. Again algo took another position and this also turned out to be a loss making trade. After the fall over last few days, I was bullish while the algo signals were all bearish. So, after two wrong trades by my algo, I thought let me take the next...
Day 29: Good day today. After falling for almost week, market took a breather and the bulls tried to put a stop to selling. My algo got me into a bullish position in the morning and the momentum gave me my target pretty soon. Had to be away so did not trade later on, but the algo did very well on paper trades. Had a not so good day yesterday and was not feeling...
Day 5 Experimented with 15 min chart to see if it can help identify the major trend for the day. Untill now I used to look at 1 hr chart to judge on major trend. Looks promising and delivers within the day. Will follow 15 min chart to see if can help me identify the trend correctly, consistently.
The FASP for BankNifty is listed for 13-03-2024. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels...
The FASP for Nifty is listed for 06-03-2024. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels...
This Logistics company has formed cup and handle formation on weekly charts. Technical Indicators show strength for the short run. Buy @ 74.40 with SL @ 62.58 and Tgt @ 93.24
This Private Sector Insurer Company Looks good for short to medium term. Although this could test the patience of the investor as it could take time to achieve the target. Only the patient investor could indulge into this stock at CMP @ 581 with a SL @ 520 and TGT @ 700
This Chemical stock has been in consolidation for a while. It seems that the consolidation is about to end and there are signs of a rally on technical indicators. On daily charts there is a crossover of moving averages and RSI is also bullish. Buy this stock at 1033 for a target of 1200 and stop loss of 935 in a short to medium term.
Date : 5-Oct-2023 Rating : Buy LTP : Rs. 2473.40 Target : Rs. 2745++ Exit Plan : Follow the 7D/13D EMA cross down on closing basis. NSE:INDIGO has given a break out from its current short term down trend with high volume. Has closed above 20D MA. 7D EMA has crossed 13D EMA. RSI is above 50 and MACD has crossed over the signal line. All these indicates that ...
Intrasoft Technologies is breaking out of consolidation zone in weekly chart. MACD crossover is also happenening.
What is the cup pattern? Cup and Handle Pattern is a bullish continuation pattern that signals a strengthening of a security's price followed by a breakout, after which the scrip's price soars up. The U-shaped cup represents the era of consolidation, while the handle represents the moment of breakout. How to trade ? The buy point occurs when the stock breaks out...
This FMCG stock could be a good result shocker. The Company is expected to have high single digit growth for the Q3 and post acquisition of Badshah Masala, Company could bring good numbers for the Q3. On the Technical Front, RSI is showing good strength and 20 DEMA is just crossing the 200 DEMA. Buy this stock @ 568 with a Stop loss of 526. Target could be 600 & 650
This Index giant is showing signs of breaking a channel. On daily chart, it has formed a rounding bottom. Whereas on technical indicator, RSI shows bullish trend for a medium term momentum. Any breakout above 2580 could bring further rally in the stock. Buy this stock if it sustains above 2580 on daily closing basis with at target of 2800 and a stop loss of 2445