50 SMA Rising- Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
NUVOCO trade ideas
go long - swing pick- this stock shows signficant delivery percentage value
- possible chances for accumulation
- may perform good in upcoming days
- this stock is picked after market close based on delivery qty data.
- follow this stock for next 5 days , if entry not triggered with in 5 days , ignore pick
- line marked in chart is the day it showed huge delivery percentage.i consider it as signal candle.i marked its high and low
entry
- go long with 1:1.5 RR
- take entry if 15min close crosses the line , ignore entry if it made gap ups
- i prefer entry with in 5 days , if not triggered ignore this pick
sl
- candle close below signal candle's low
target
- keep 1.5 times of sl.
Nuvoco looking for a new breakoutNuvoco Vistas Corporation Ltd. is the part of India’s leading business conglomerate “Nirma Group”. It is the fifth-largest cement group in India and the leading cement player in East India, in terms of capacity. The company have a business in cement, ready-made concrete and modern building material.
Nuvoco Vistas Corporation CMP is 356.05. The Negative aspects of the company are extremely expensive valuation and FIIs are decreasing stake. The Positive aspects of the company are improving cash from operations annual, low debt, MFs are increasing stake and zero promoter pledge.
Entry after closing above 359. Targets in the stock will be 376 and 388. Long term targets in the stock will be 396 and 408. Stop loss in the stock should be maintained at closing below 335.