Trading stocks in cash using a
rules based discretionary approach. I use chart patterns, momentum & price-vol action. Tweets are not buy/sell recommendations.
Market Breadth excel file has been updated with a corrected formula observed by Mr. @agoel_cal. Thanks for reporting the error!
Excel download link:
https://t.co/qnOkjbrKCR
Instructions Video: https://t.co/uPNH8dtMUK
Sharing the Market Breadth from Sept 21 to Oct 1, 2018.
#FEDERALBNK , Bull Flag pattern
Close above 83.55 with high volumes can give a target of 100
Stop loss is 18 DEMA
Overall the setup is looking weak as the flag cloth is showing recent bearishness.
#CUMMINSIND daily chart - the price has closed above the sloping trend line but buy on a close above the horizontal trendline, above 776.90
Stop loss as per your risk management
#VINATIORGA 375 minutes chart, the price has gone into a range and seems to have the support of 18 days exponential moving average (DEMA)
CMP is 1481.8
If the price reverses after retesting the low of the channel then go long for a target till high of the channel.
#AAVAS 375 minutes chart. CMP - 804.5
IPO base breakout with low volume. Need to see higher volume along with price rise to get a bullish confirmation.