Savinay Ganvir

Swing trader | MBA Finance |

[Savinay Ganvir @sebinaytrades]

CHARACTERISTICS OF A GOOD SETUP

A stock being in an uptrend doesn't automatically make it a good setup.

For me, a quality setup comes down to 5 things:

1. Stage
2. Price action quality
3. Consolidation
4. Market environment
5. Risk management

Here’s how I look at each one

🧵

[Savinay Ganvir @sebinaytrades]

PRECWIRE
Up 20% UC today.

https://t.co/RywHuiZqY5

[Savinay Ganvir @sebinaytrades]

Stocks on my watch for coming days:

[Savinay Ganvir @sebinaytrades]

Added more to the list

[Savinay Ganvir @sebinaytrades]

STLTECH
Strong sector. Strong breakout.
Only issue is it is in 5% circuit limit.

[Savinay Ganvir @sebinaytrades]

IOLCP
Good follow up after breakout.

[Savinay Ganvir @sebinaytrades]

IOLCP breaking out today.
Up more than 6.8%.
We should get a strong closing today.
https://t.co/zgOtKX4BIu

[Savinay Ganvir @sebinaytrades]

Good follow up after breakout

[Savinay Ganvir @sebinaytrades]

IOLCP breaking out today.
Up more than 6.8%.
We should get a strong closing today.
https://t.co/zgOtKX4BIu

[Savinay Ganvir @sebinaytrades]

%stocks above 10 SMA fell down to 42. Market breadth is not improving from many days.
Breakouts are not sustaining.
Only select stocks are moving.
I will be on sidelines until we see good market breadth number.
Trailing Sl hit today in NRBBEARING. I am 100% cash now.

[Savinay Ganvir @sebinaytrades]

Another add in Pharma ETF.
https://t.co/uXuSZgcuBU

[Savinay Ganvir @sebinaytrades]

Pharma index is looking good. Sitting at 20 EMA and we saw a good bounce today.
I will look to further add to my position in pharma ETF once we get a breakout from this level.

[Savinay Ganvir @sebinaytrades]

NRBBEARING
got out. Trailing SL hit.
+6R

[Savinay Ganvir @sebinaytrades]

NRBBEARING holding full.
Although not looking good now.
https://t.co/woYfSXfIhU

[Savinay Ganvir @sebinaytrades]

TBS
Up 10%
https://t.co/zgOtKX4BIu

[Savinay Ganvir @sebinaytrades]

IOLCP breaking out today.
Up more than 6.8%.
We should get a strong closing today.
https://t.co/zgOtKX4BIu

[Savinay Ganvir @sebinaytrades]

AEROFLEX break out today on good volumes

https://t.co/lSmnZrV0Fl

[Savinay Ganvir @sebinaytrades]

NRBBEARING
Trailed my SL here

https://t.co/giOu3HAJbW

[Savinay Ganvir @sebinaytrades]

NRBBEARING holding full.
Although not looking good now.
https://t.co/woYfSXfIhU

[Savinay Ganvir @sebinaytrades]

Nifty Metal: I am adding metal ETF.

[Savinay Ganvir @sebinaytrades]

IT index: can we see a turnaround here? 👀

[Savinay Ganvir @sebinaytrades]

Pharma index is looking good. Sitting at 20 EMA and we saw a good bounce today.
I will look to further add to my position in pharma ETF once we get a breakout from this level.

[Savinay Ganvir @sebinaytrades]

NRBBEARING holding full.
Although not looking good now.
https://t.co/woYfSXfIhU

[Savinay Ganvir @sebinaytrades]

NRBBEARING
Still holding this. Only stock in my PF right now.

https://t.co/6SGfhTSffu