Indusind Bank: Tops The Stops -Misses Street Estimate High-1585Idea getting time to upload so status update was put
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Status Update as of 08:54 Hrs / 15th Jan 2020
08:54 Hrs / 15th Jan 2020 - Happy Makar Sankranti - Indusind Idea getting uploaded. Depends on uploading time. Risky Traders - looks to fall below 1580-1600 zone so stops above 1600 / safe traders sell below 1440/1395 for lower targets. Thanks
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Trading Strategy
Risky Traders
Sell on open with strict stops above 1600 or wait to sell on bounce but avoid selling if crosses 1585 - later put stops above 1600
Target 1 - 1350
Target 2 - 1250
Target 3 - 1185
Target 4 - 1035
Safe Traders
Sell only below 1440 & later continue sell if falls below 1385 else avoid selling & book partial profits - have a look at risky traders strategy.
Targets are same as mentioned for Risky Traders above.
Wish You All A HAppy Makar Sankranti !!!
Tradingstrategies
NIFTY 50 Trade Setup - 22 August 2018- Will Nifty Go more Up/Video Link : www.youtube.com
explained everything that should be our levels and Targets for tomorrow Trade in the above video. Guys Please watch the full video and ask your questions in the comment box.
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Trader... Cricketer & YOU: Part 2A batsman’s (trader’s) approach to his batting (trading plan) depends on
Whether he is playing:
- Test match (Long term investment)
- One day International ( Medium term)
- T20 match ( Short term / Leverage trade)
- Or for that matter a Rain hit T20 match ( Intra day High leverage high risk trade)
While playing a test match a batsman’s
- Focus is on avoiding temptations
- Keeping patience & willingness to leave a lot of deliveries
- Looks to hit when the ball is in his area of strength
- May score at slow pace but focus is on scoring big over period of time as he is aware & relaxed that time is on his side
While playing a T20 game
- looking to score at high strike rate but overall runs per match still restricted due to limitations of just 20 overs per match
- willing to take very high risks sometimes almost every delivery
- risks losing his wicket often
In ODIs
- tries to have a balanced approach
- looks to build his base & take calculated risk
- Unlike T20 match, batsman knows he has more time & hence can focus on planning, preparing and attacking at the opportune moment & revising his plan if there are deviations (after reading & getting a feel of the pitch, fall of wickets, targeting supposedly weaker bowler or last 10 overs, etc)
So what’s the similarity from trader’s perspective
Let’s see
A Test match trader / investor can
- Avoid the temptation of trading every trade
- Keep patience & should be willing to leave a lot opportunities he is unsure of
- trade when the price & trade set up is in his comfort level where he understands the risk & knows reward potential is far higher than risk involved
- focus on sustainable trades & stay in the market for a longer time
A T20 trader
- intraday / short term / leverage trader
- looks for higher leverage trade for higher reward potential on relatively less capital
- but overall profits per trade gets limited as leverage trades have a daily / weekly / monthly cut-off time
- hence many a times a high leverage trader cannot take full advantage of the complete potential movement in the stock
- often he also risks his capital (Wicket) as even a slight movement in the opposite direction can lead to Capital erosion
Medium term trader
- Looks to capture a decent opportunity & is willing to give the trade set up the time it deserves
- Uses trailing Stop loss to adjust as per markets movements
- Leverages only when he understands risk :: reward ratio and considers it to be favorable
- Does not risk by over-leveraging
Some food for thought…
I leave you with some numbers & stats, you decide what exactly you are looking for from trade…
- In T20 matches Virat hits a 6 every 24 deliveries on an average
- Compare this stat with his innings in the on-going IND vs SL test - scoring 243 runs in 287 deliveries but no sixes at all in such a big inning
- Although Virat’s ratio of scoring 6s in Test is very less
- he has an impressive 19 centuries in just 62 Test matches with a high score of 243
- compared to just 4 centuries in 226 T20 games with a high score of 113
- in the balanced format i.e ODIs, he has 32 centuries in 202 ODIs with a High Score of 183
Player is the same, ability is the same, capability is the same… but game format is different & players adjust to different format with different mentality and different strategies
If we analyse these numbers further, to score a big hundred, on an average, Virat requires
- just 3 matches in Tests,
- 6 matches in ODI format
- but requires a massive 56 matches in T20
So what are you looking for scoring 6s (taking higher risk) or scoring big over time (taking less risk)
Remember it is not about which format is good or bad, it is more about adjusting & blending yourself to fit in different time horizons and having realistic expectations with understanding of risk involved
Understand and be clear with your objectives before you enter a trade
Take care
To be cntd…