A nice rounding bottom formation in the stock , in the same direction of the market . After a very nice trade in TCS , I did not wanted to hold for longtime . Got a very nice profit and then got away !!
A gapped up opening in the morning , similarly a positive news in the stock . Just waited for a perfect entry . Usually the stock in news are very volatile , so they must be traded very cautiously .
As per my regular trades I had a pretty small stop loss , which usually works from me but today the market was a bit choppy not so attractive at high's so I gave a bigger room for the stock and with the market falling from the high's BA also reacted and gave me the target I was looking for. What I need to teach you from this is , you must always work in...
Most of you might have read that you must sell a stock when everybody is buying . This is just a pure example of that . A time when everybody want's to buy a stock because of share buy back news . I was selling with full confidence and see the result . It's not like trading against the trend but it's a matter of time when you gain such experience . Thank you !!!
Not much to say , when you have such clean trades with the market . Rejected from the high's and going with the market trend made my day !!
What should be a perfect situation for breaking a market high ? It had everything that was required to break the lifetime high such as : 1.Pattern 2.Market condition 3.News Thank you !!
Just have a look at it's daily chart before watching this trade . I was very sure that it is going to hold that level , because it was the first time when it was hitting it's support area . So , I was just waiting for the confirmation before going in . I had my confirmation and holded a bit and then rest was just history . A pure example of buying at...
How to identify rejection at particular levels ?? Look at my trade , where I have identified multiple levels of rejection which gave me a decent profit . Though nifty is rising higher it doesn't look's like it was going to sustain(Nifty was also trading near it's resistance level) . That was the another reason for shorting . I covered my partials near the support...
Wow !!! what a day . Two trades with all green . A simple trade with bull flag formation !
Thank's for the partial's again as my partial were the only profit which I made in this trade . The reason behind sharing this trade is , the stock was trading near it's resistance area due to which I was not able to reach my target area instead it showed clear sign's of rejection which made me to collect my remaining partial's before it hit my stop loss. What...
ZM was clearly rejecting from the high's . It also formed tail's on the higher side . Which were clear sign's of rejection . Easy trend continuation trend .
It was a volatile opening for the market but did managed to pull one out of it with a big size !!
A very nice formation in Moderna , at the same time it get's help from market to go higher . What else do you want to make money in the stock market .
Look how important are whole numbers as a support or resistance area . Also , watch how I used it in my trade as a support area and for going LONG . Points to be watched : 1.Trailing stop loss 2.Covering profit's at regular interval 3.Entry points 4.Exiting partials 5.How stock behaves near a resistance area 6.How resistance area is converted to support zone
At current situation there is heavy buying going on in Pharma sector . But , I choose to short the stock , WHY? The stock was rejecting from the high's and at the same time it was trading near it's whole number . This two indications made me to short the stock against the trend. Note : DO NOT TRADE AGAINST THE TREND UNTIL YOU ARE A EXPERIANCED TRADER. THANK YOU !!!
Got several opportunities as I caught a very nice bottom in TSLA for Long . I was very confident about this trade so traded it for a bit long time . Look how I added more after covering some partials. Keep supporting me !! Thank you !!
The stock was consolidating near the day's high . At the same time it formed a beautiful rounding bottom pattern which was my second perfect green trade of the day.
Wow !!! What a beautiful rally in Natcopharma. Got a perfect entry and got bathing when it was heavily raining in the stock market !!!