RS_V

RS_V Updated 

Stock has bad news recently. Have to be careful how market treats this stock. Few points to trade. 1. IPO stock. Lock in ends in Aug 2024. Pre IPO investors may try to up the price if they want to exit. 2. Other Hospital stocks have run up. This is not participated yet. 3. From December stock is trading in the same zone. Candles are becoming shorter on weekly....

RS_V Updated 

Volumes are increasing. Selling is being absorbed - Wicks are more than the body - pressure from both buy and sell. Entry will be if price breaks out with volume. Do not enter anticipating breakout in weak markets. Great chance of getting trapped.

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Pharma index is on up move. I do not have time to study companies for investment. I have been investing in Pharma Bees from 5 months. 100 units every month. We will definitely get 1500 - 2000/- in at least one trade. Instead of reinvesting into trading I am directing to PHARMABEES. My view is: 1. Even if the index falls ( Due to foreign policies etc) it should...

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After breakout, price formed a base. Volumes have come now. Trying to breakout again. Should be a good entry point if price retraces. But I believe it goes up for 1 or few sessions before it retraces. It should try for 230 if breakout sustains. Results are on the way. December results are usually good. So someone might have entered knowing this information. May...

RS_V Updated 

I am watching PARAS from few weeks. Price is moving higher compared to past months and also trying to break 2 year resistance but failed to break resistance last week, SL hit , did not trade only watching. Volumes did not come yet. Two scenarios can play for price up. 1. Either some Institutions have to buy 2. 3 year lock-in ends in 2024, pre IPO investors...

RS_V Updated 

Break out all time high. Retracement . Now trying for new all time high. Once crosses 470 with volumes then expect 10-20% up move. Buy till 420 with a Stop Loss of 400 for a target of 500 540 .

RS_V Updated 

After downturn in the most of the packaging sector, looks like the selling is over. Check Uflex, EPL etc Break out of a rectangle, retracing. Accumulate slowly like a SIP. Exit at 1020-1000. Dividend Stock. No targets, if it moves up then move the stop loss up and let it ride.

RS_V Updated 

Some of the Consumer Durables Voltas, Symphony, Orient, Prestige, Crompton etc. are in sideways or accumulation from few months while Havells , Bluestar on uptrend. This may be a start of up move or a bounce before a downtrend. Orient Electric accumulated for few months, gave a break out and retraces with out volumes suggest an up move. SL 215.

RS_V Updated 

From oversold zone to slowly moving up with a bullish candles, Flair looks like moving up to cover the gap. Buy for targets of 400 420 450 500. Recent IPO stock, Not much data about it so keeping a stop loss of 340/- . It is school, exams time so the results should be good.

RS_V Updated 

First I saw this chart from @srikartiram on Trading View. I started with less capital. I traded in BPCL to increase the capital. Not telling this for a trade. But want to give credit to Srikartiram for the one of the first charts I possibly see or understand or like.

RS_V Updated 

CUMMINSIND is consolidating after recent block/bulk sell. RSI is slowly raising. Keep Stoploss at 1650 for a target of 1900

RS_V Updated 

Govt. decision to cut down Ethanol crashed Sugar and Praj stocks. Praj is not just a sugar stock, the business has more to it. Pessimism should be over around Praj industries. Trying to grab this fall for a short term investment keeping a narrow stop loss of 523 with a target of 600 - 630 Similar pessimism crashed prices of IGL, MGL. MGL got up. Wait for IGL.

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Small candles, trading in the same zone, RSI going up. It should be range bound, gives us a chance to enter at 1950 levels. Buy for a swing high of 2140 with SL 1870. DIIs booking profits in the markets, it continues till the Financial year Mar. Follow news , there are job cuts happening in most of the American IT . This may be due to Year end contract...

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PowerGrid Investment Trust gives steady 3/- dividend every quarter that calculates to 12-15%. When market breaking all time highs and every think of correction, it is not a bad idea to invest in PGINVIT to generate regular income. Recent ICRA Rating update also affirms a positive outlook. Technically looks like the selling is over and building up for a up...

RS_V Updated 

16 Oct 23 Breakout with volumes 26 Oct 23 Market fall - Stock Price also fell but without volumes 16 Nov 23 Ex Dividend - Price not fell indicates strength Taking Support at 415 Buy , accumulate till 415 for a target of 500 with SL 400 I am learning , please add your views in the comments so all of us can learn together.

RS_V Updated 

Consolidating from 5 months. Forming triangle. After Aug high volumes, price is falling with less volumes indicates a possible up move. Buy for a target of 190, 200 with a stoploss of 145 or 142.

RS_V Updated 

After volume breakout, the price is retracing with less volumes. Accumulating in the same zone. Buy for a target of 148 with 122 as SL.

RS_V

Trying to bet on multi year support. Jun 20 - Dec 20 - Consolidated and moved up Jun 22 - Dec 22 - Consolidated and moved up May 23 - ? - Consolidating. Will it move up to fill the gap at 1070 or the support becomes weak? I do not understand if there is a pattern suggesting up move. Betting on support based trading is risky. Investing profit from other trade...