NooBs Trading Step into Wild Market

#81
Ya, you answered my question.

Vivek

Okay,

Got ur question.. If u happen to be an aggressive guy who wishes to enter within the range body, then try looking into BUYER / SELLER Qty on Market Depth. If u are looking forward to enter a BUY position, look into the BUYER/SELLER total numbers on CASH MARKET DEPTH + FUTURE MARKET DEPTH of the same scrip. If u happen to see more number of Buyers than Seller on both CASH & FUTURE depth, then it could be bought and then add another position upon break of HIGH of previous day candle. This is strictly Aggressive method. So try to watch it, then act upon it.
 
#82
Stock Selection Analysis 25-Apr-17

CAIRN - The CAIRN-VEDANTA Merger news made the stock have a great amount of buyer volume, giving us the indication that the candle pattern formed is a DOJI with higher wick on the bottom side. A possible move to the upside can be seen.


CASTROLIND - It had a breakout from the ascending triangle pattern and we can see the first profit booking phase of the retailers, but the big guys are holding onto it, so it can be considered as a mini pullback, If there is break above the HIGH, it is a BUY.


HEROMOTOCO - It is forming a similar pattern of BPCL which had heavy consolidation and now it just broke out with high volume and big green candle. This has potential for further Upmove.


M&M - This is also having a good heavy volume combined with a PRO GAP UP , after a downtrend, this has potential for the upmove , if not tomorrow , may be the following day. Keep in watchlist.


Update:

M&M - Only this performed the best, and have a good move.




HEROMOTOCO - Hit the SL.


CASTROLIND - I still have cash position on it holding it positional basis.
 
#83
Stock Selection Update : 26-Apr-17

BEML - It has just broken out the ascending pattern triangle with good volume, expecting an upmove.



HAVELLS - It has formed a DOJI candle on an uptrend near support, there is fair amount of volume. May have upward move.

 
#84
Stock Selection Update : 26-Apr-17

BEML - It has just broken out the ascending pattern triangle with good volume, expecting an upmove.


HAVELLS - It has formed a DOJI candle on an uptrend near support, there is fair amount of volume. May have upward move.

Update:

No moves from either stocks, but I have cash position on these as well.
 
#88
Stock Selection Analysis - 3-May-17

IDFC - After heavy volume breakout, pullback upon the support with a hammer pattern candle. Likely to continue to upside to 66 zone.

 
#89
Stock Selection Analysis - 3-May-17

IDFC - After heavy volume breakout, pullback upon the support with a hammer pattern candle. Likely to continue to upside to 66 zone.

Update: Did a good move the next day , took profit of 1.5 Rs move in Futures.
 
#90
Stock Selection Analysis - 5-May-17

None of the stock got into good analysis way, all candle patterns are bearish on an uptrend. Hence no trade
 

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