Poonawala Fincorp - Finance sector Trade idea - Swing trade/short term momentum capturing - Entry - 400 on retest - Stoploss - 390 (-2.64%) - Position sizing - 20% of the capital - Target - 519.55 (30% of the breakout) Catalyst behind - Finance sector as a whole have come out with great results. - Reserve bank of India with their new policy for banks have...
CDSL Trade idea - Swing trade/short term momentum capturing - Entry - Immediately after market open - Stoploss - 1860 (3-4%) - Position sizing - 20% of the capital - Target - 2270 (20% of the breakout) Catalyst behind - Finance sector as a whole have come out with great results. - Reserve bank of India with their new policy for banks have created a major...
just now Cyient ltd Trade idea - Entry - First pullback after 29th November 2023 candle - Stoploss - 1890 - Position sizing - 20% of the capital - Target - 2150 Catalyst behind - IT sector outperforming - Quarterly EPS - 120% up from previous years same quarter (why do we compare from previous years quarter - because to hinder one time extraordinary earnings...