2% 5 trading days

[ram2010]

Do you use any scanner with charting software to pick the stocks at eod.

 

[yak2444]

Ram
don't have a scanner

yak

 

[yak2444]

hi everybody

picking up the signal is no problem

but checking its validity is

once signal is identified i look for confluence

confluence can be ema support,fib retracement, volume spike,divergence,etc

ill follow this with an example

yak

 

[yak2444]

eg

delta corp has given signal on 8 jan

entry as per method described above

confluence: volume spike suggesting buying interest followed by an inside bar with relatively low volume

15 34 ems pointing up and price might get support from 100 ema

price touched 50% fib from latest swing low

enough confluence to trade for 2%

yak

 

[yak2444]

Today indian bank raymond achieved tgts

still in trade delta corp indian hotels

on sell side vakrangee tatpower sslt

will update eod

yak

 

[yak2444]

Hi guys

delta corp entry 92 tgt 93.85 achieved 2%

indian bank e-208.6 tgt 212.8 achieved 2%

raymond e-522.1 tgt 532.55 achieved 2%

indian hotels holding

vakrangee profit .8% tatapower breakeven

since margin trading better to avoid sell calls since position is squared off same day

yak

 

[hmp]

2% in 5 trading days? after deducting everything like brokerage stt etc. how much profit left?

 

[yak2444]

My brokerage + stt + 5 day charges(max i hold for 5 days) is 1%

im left with 1%

yak

 

[biggles]

way to go dude

 

[yak2444]

Hey guys

still holding indian hotels( 2nd day)

for sell calls its better to trade option stocks

yesterday tatasteel gave a sell signal

bought put 1 lot @ 8.75 (390) and holding think spot price tgt is around 385

will see next trading session

yak