Dear friends
I recommended following stocks for study for 17 July 2020
-INFY
-IOC
Traded capital 100000 for each stock
INFY sell at 898.05 with sl of 913.9 qty 111. It was very tough day today and sl hit on both sides. Total loss in This trade 3518.00
IOC sell trade activated at 84.1 with SL of 84.85 Qty 1190. SL hit and reverse trade activated at 84.85.Trade closed at 3 pm at 86.5 . Total profit in this trade 1012.00
Total LOSS today Rs. 2506.00
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 20 JULY 2020
-BPCL
- BRITANNIA
-HINDALCO
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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