Rocket Stocks for Swing and Positional

[niftytaurus]

HUL

View attachment 37314

hi
In may month, there is other BO of 200 ema & rsi also more than 50..Why do we avoid that trade. Am I missing something? Sorry Bhai for my ignorance .I am new to this method
thanks

 

[niftytaurus]

Nestle .Though I have taken it on the next Dip.Posting for reference.
View attachment 37315

Same query here also as above..Why cant we buy on 1st Bo OF 200 EMA.here also RSI is more than 50.
thanks

 

[sanju005ind]

hi
In may month, there is other BO of 200 ema & rsi also more than 50..Why do we avoid that trade. Am I missing something? Sorry Bhai for my ignorance .I am new to this method
thanks

This stock is a strong stock and trades above 200 EMA all the time.If you find these kind of stocks dipping towards 200 EMA we need to keep adding them to portfolio. or take for a swing.Yes it could be bought in May also. I probably did not scan during those times.

 

[sanju005ind]

This stock is a strong stock and trades above 200 EMA all the time.If you find these kind of stocks dipping towards 200 EMA we need to keep adding them to portfolio. or take for a swing.Yes it could be bought in May also. I probably did not scan during those times.

This one I missed it.Hence took it on the first pull back afterwards.Strong stocks which always trade above 200 EMA needs to be taken on a Dip. For those stocks which are recovering after a fall then you need a little bit extra work and confirmation.

 

[sekhar916]

Sir awesome thread and I am very much thankful for your effort on spreading the knowledge. I dont know how I missed this thread all these days

 

[sekhar916]

tata elxsi is near to 200EMA and RSI is also nearing 80 now it is 71. We can look for buy if it trading above 200EMA. Am I right ??Anyways we missed a buying oppurtunity when RSI is above 50

 

[sekhar916]

TCS chart daily timeframe. Near to 200ems and RSI above 50

 

[sekhar916]

good move in TCS.

 

[sanju005ind]

tata elxsi is near to 200EMA and RSI is also nearing 80 now it is 71. We can look for buy if it trading above 200EMA. Am I right ??Anyways we missed a buying oppurtunity when RSI is above 50

Nope.RSI is not the primary criteria. Breakout of the 200 EMA is.RSI is to filter out weak/fading momentum.

 

[sanju005ind]

good move in TCS.

For entering you might get a pullback in TCS.That would be a safe entry.