Same pattern was in #Tisco.

Chart pattern & trades taken attached.

This is how i approach trades when i trade directional through option sell. https://t.co/HaMtxbHmOm

2021 most of the knee jerk reaction comes in second half of the series near 21st of every month.🧐🧐

#ReversalSetup
80-20 setup

I am going to share one high probability reversal setup for swing traders.

Before i explain setup below are few rules.

● Stock should have body of nearly 1% on Previous Day.

● For INDEX Body should be more than 0.5% on previous day.

(1/n)

Rules for Sell

1. On previous day underlying should have opened in lower 20% of the day range and should have closed in upper 80% of the day range.

2. On current day in first hour of the trading day stock should have crossed PDH.

(2/n)

3. once it make new high in first hour place sell order below PDC with STOP of Current DH.

4. Intial targets for swing trades can be 1:2 RR then trail your stops.

(3/n)

Rules For BUY

1. On previous day underlying should have opened in upper 20% of the day range and should have closed in Lower 80% of the day range.

2. On current day in first hour of the trading day stock should have crossed PDL.

(4/n)

3. once it make new high in first hour place buy order above PDC with STOP of Current DL.

4. Intial targets for swing trades can be 1:2 RR then trail your stops.

(5/n)

@ap_pune HCLTECH
WIPRO
M&M
TITAN

Adding into list

Remove AUROPHARMA, BHARTIARTL, TAMO from list (personal hate😃😃)

My personal trading Stocks list (i punch 140 lots in single punch and not facing much issue in any of these)

Ril
Hdfcb
Hdfc
Icicib
Axisb
Sbin
Kotakb
Infy
Tcs
Hcl
Wipro
Techm
M&m
Titan
Tisco
Hindalco
Bajfin
Asianpaint
Hindunilvr

Month end - monthly candle closing.

Studying monthly charts can help u to see overall structure.

Approach from higher timeframe to lower for analysis.

monthly--> weekly --> daily --> hourly

Don't go below hourly if you are Positional trader.

What i observe while watching monthly.

1. Highest monthly close stocks
2. Inside bar stocks near crucial levels (support/resistance/52 week high/ATH)
3. Outside bar stocks near crucial levels.

I keep those stocks on radar and be ready with my plans.

1. If highest monthly close then i will only look for bullish trades in tht stock. (Entry can be on pullback/breakout depends on conviction)

2. If IB on monthly then wait for trigger (near 52 WH/ATH then long only prefer)

3. If outside bar on monthly candle then wait for break of high/low and take trade in that direction (here also if OB is near 52 WH/ATH then long side trade only preferred).

This process helps me to filter out good stocks for next series & be ready with the plan.

I trade only highly liquid top 15-17 scrips of market.

#Commodities #Metal

Listing out the shares in metal pack where we can ride the commodity cycle even from the CMP

Will be posting long term charts here

Share and like for max reach 😊🖖

#TATASTEEL

🔩Stock is in a sideways channel since past 15y

🔩Breakout above 750

🔩 A monly close above 750 will push the stock towards 950/1050 levels

🔩 Above that it would be a decade long multi-year breakout

🔩Its going for 200/300%+ gains

🔩 On yearly charts a triangle pattern breakout can be seen

🔩Rising iron ore prices are supporting the field

🔩 All over the world major economies are giving out big infra push to get the economy going

🔩This rally is shaping well with the fundamentals and economic recovery

Bank Nifty : On a weekly chart Bank Nifty made an inside bar pattern , a powerful pattern in volatile instruments

Is HDFC undervalued ?

Market capitalisation of HDFC is 3,10,478 Crores. But HDFC houses listed holdings worth 2,19,437 Crores and several unlisted businesses.

FY20 profit was 21,435 Crores. Setting aside the holdings, HDFC is trading at a PE of 3-4.

Let's dig deeper. A thread.

About HDFC

They are the leaders in housing finance.

AUM: 5,16,773 Crores
Secured Lending: 97%
CAR: 17.6%
NIM: 3.4%
Average Individual Loan: 27 Lakhs
Deposit Agents: 24000
Employees: 3095
Assets Per Employee: 163 Crores
Profit Per Employee: 3 Crores
Auditor Fees: 5.28 Crores

HDFC Bank

HDFC owns 21.24% of HDFC Bank. The stake is worth 1,22,812 Crores. In FY20 HDFC Bank paid a dividend of 864 Crores to HDFC.

HDFC sources 26% of the loans through HDFC Bank. HDFC Bank has the right to buy 70% of the loans sourced.

Performance of HDFC Bank:

HDFC Life

HDFC owns 51.44 of HDFC Life. The stake is worth 61,779 Crores. HDFC Life didn't pay a dividend last year adhering to the suggestions from IRDAI.

RBI has directed HDFC to bring its shareholding in HDFC Life to 50% by 16th December 2020.

Performance of HDFC Life:

HDFC AMC

HDFC owns 52.7% of HDFC AMC. The stake is worth 27,230 Crores. Last year HDFC AMC paid a dividend of 135 Crores to HDFC.

AUM: 3.7 Lakh Crores

Performance of HDFC AMC:

Lesson 1: How to Find Intrinsic Value of a Stock?

🔆For long-term investors, it is necessary to know when to buy the stock.
🔆Retweet to educate everyone.

#sharemarket #stockmarket #investing #investment #trading #indianstockmarket #sharemarkettips #sharemarketstudies

Forgot to add the link: Check companies last 5yr