Here are two setup that I would be tracking further-
1. Purple style labs
- Depth 12%
-Qib subs- 1.5 x ( Below benchmark)
2. Symbiotec pharmalab
-Depth 20%
- Qib subs- 181.2x ( Above benchmark)
@chartians Tighness in such stock.
Should we filter out weekly with manual run
Or should we develop a screener before we do not need a move after it has been done but before the initiation of the second leg.
To gulp in the explosive moves in pf.
@chartians In my opinion stock moves in stage before removing the weaking after stage 1 upmove of 50-80%, first leg.
The second leg usually starts from 20/50 ema pullback/shakeout- result in tighness before the upmove
Now my main confusion has been been what should be done to find....
Two ways to book profits in such a strong move with big bar candles -
1. Either shift your sl - Use 9 ema ( Gives some space to the running trade)
2. Use fib extension to book 25-50% quantity deployed
#molbio#ipo
@MaiHoonSaurabh Gtt in zerodha always facing either a slippage or either a order that gets missed out. Does placing sell limit on the charts itself or gtt (markets) would help in these scenarios ?
Silver will be more bullish than gold !!
Keep doing your sip/investment in silver.
Ratio chart proves it already , silver tgts are coming in.
#sip#silver
@pheonix_trader The percentage of such setups have actually dropped down due to too many rules and regulations that have been introduced.
That was the time was ipo used to give avg. Return of 30-50% after listing.
Miss that era !
Stay away from fake channels that tell you they caught every best move but fail to show you there worst trade and bad risk management.
Also if you guys want I'll keep posting about :-
- how to enter into an ipo on day 1
- rules to sell an ipo
- how to read an order book
Laser power infra
Usually ipo LDH/WH are treated as entry zone for quick momentum
But
LDH high or the gap zone is a high liquidity zone and a demand zone as well waiting for your entry is better than entering at random breakout.
Pro tip- Avoid ipo subs less than 25x by qib
One setup ,One process.
Proved that when entry and exits are completely rule-based consistency starts to show.
Hard work never goes in vain. The edge is in the execution. 🚀
Thank you sir @iDavinderK for introducing me to ipo world. Data collection works like magic ❤️
#ipo
While we keep posting we need to keep in mind about posting about two side of the coin.
Likewise I might be working on ipo's for 5 years
But yes I couldn't catch milkymist, yes I didn't sell laser power at the top , yes I wasn't positioned while indo mim hit uc.
#ipo
@iramyram But the adrenaline rush is so much, overtrading feels productive to newbies.
Overtrading and micromanaging are portfolio killers. Kill switch is that one thing that can only help !