InvestIn10

InvestIn10

Avoid shorting BankNifty. >> Don't recommend fresh investment as the trend has lasted for 6 months already. >> Swing Investment opportunities are clearly marked in purple vertical lines. This analysis shouldn't be used for options trading. My views are only for Swing/Momentum investing.

InvestIn10 Updated 

Target = 975, SL = 814 Looks like a sustainable trend is emerging. I have an early SL at 833.

InvestIn10 Updated 

SL = 828 Profit = 940. If the breakout is strong, better to compound.

InvestIn10 Updated 

SL = 108. Profit can be taken at 136, or can be left to compound based on chart and RS.

InvestIn10 Updated 

- the correction here has been a little too deep for comfort: max retracement has been > 0.618 - expect more volatility, risk = 3.78%, can get shaken out, have got shaken out already once, a week back. - depends on pharma index performance.

InvestIn10 Updated 

- had entered earlier, a week back, but got shaken out - have entered again with a deeper SL = 9.1% - this is an ALPHA in the hospital stocks group - has hardly retraced (max 0.382) - RS at high levels of 1.25

InvestIn10 Updated 

- the long term RS downward slope broken out - RS green box breakout - looming threat of new covid variant (omnicron)

InvestIn10 Updated 

- This is a volatile hospital stock - fundamentally great. - Had booked some decent profits in this trade last week, had exit as the volume was high at previous channel resistance - Re-entering as there is a channel breakout, ATH breakout. - Risk = 5.4%

InvestIn10 Updated 

Top Down trading strategy - IT index at RS support. - Go Long in select IT stocks which are having similar structure to the IT index. notable IT stocks to initiate positions now: hcltech sonatsoftw ofss cyient

InvestIn10 Updated 

- low risk trade - breakout retest happening in chart - RS breakout from consolidation box

InvestIn10 Updated 

- top down analysis trade, based on strength of IT index

InvestIn10 Updated 

- top down analysis trade, based on strength of IT index

InvestIn10 Updated 

- top down analysis trade, based on strength of IT index

InvestIn10 Updated 

- Continuation of uptrend possible. - Starting with small investment. Will compound investment if there are future dips. - Deep SL: 19.3%

InvestIn10 Updated 

- we will most likely test the 200 DMA before the actual recovery.

InvestIn10 Updated 

- RS box breakout - low risk, continuation of stage 2 trend

InvestIn10 Updated 

- momentum stock, low risk trade. - at RS support - high del%

InvestIn10 Updated 

- retest of breakout region with low volume - RS breakout from the downward sloping purple line - hospitals generally are doing well