Dear friends
I recommended following stocks for study for 15 July 2020
-BIOCON
-RBL BANK
Traded capital 100000 for each stock
BIOCON sell at 428.1 with sl of 441 qty 234 .Trade closed at 3 pm at 423.6 . Net profit in this trade Rs. 1053.0
RBL BANK BUY trade activated at 169.9 with SL of 166.2 Qty 602. SL hit and reverse trade activated at 166.2 sell side.Trade closed at 3 pm at 165.85
Net LOSS in this trade Rs. 2016.7
Total LOSS today Rs. 963.7
We ended in LOSS today . Profit/loss is game of intraday trades.During trading hours we were in good profit but we have to adhere to rules, otherwise we will miss big moves. Lets continue our study..
ENJOY ...
Happy trading.
STOCKS FOR 16 JULY 2020
-NIIT TECH
- BHEL
RULES FOR TRADE
1. Trade order shall be placed at 9.30 am sharp
2. we will buy only if first 15 min high is broken and sell only if first 15 min low is broken.
3. Stop loss will low of first 15 min in case of buy and high of first 15 min in case of sell trade
4. Allocate equal capital to each of the stock.
5. Hold trade till 3 pm or if SL Hit
6. We will take reverse trade if sl hit and sl will high/low of the first 15 min candle.
KISS
Keep It Simple and Stupid.
No complication.
BASIS OF STOCK SELECTION
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Disclaimer..
I am not registered with SEBI under SEBI (Research Analysts) Regulations, 2014. As per the clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”..This is not a recommendation for trade and posted for educational purpose.. I am not responsible for any loss..
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