Agnostic Swings
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A qualified CFA & Technical Analyst

Welcome to my Trading Journal

I share my equity swing trades regularly here

Not a SEBI registered advisor

Posts are for educational purposes only

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#Markets being #volatile, we are respecting our #stoploss and prudently #booking #losses in a #disciplined manner as every trader should.

There will be enough opportunities in the market to make money.
#METAL sector now looks weak. Recommend to #EXIT and #CLOSE all positions from a swing trading perspective.
#PVR

ENTRY : 1505
STOPLOSS : 1365
TARGET : 1645 - Trailing Stoploss (50 SMA)
PROFIT : 9% - Trailing Profits

REFER TO FIRST PINNED POST FOR

FAQs: How many shares do I buy?
#NEOGEN

ENTRY : 1325
STOPLOSS : 1175
TARGET : 1475 - Trailing Stoploss (50 SMA)
PROFIT : 11% - Trailing Profits

REFER TO FIRST PINNED POST FOR

FAQs: How many shares do I buy?
#BAJAJHLDNG

ENTRY : 4715
STOPLOSS : 4285
TARGET : 5145 - Trailing Stoploss (50 SMA)
PROFIT : 9% - Trailing Profits

REFER TO FIRST PINNED POST FOR

FAQs: How many shares do I buy?
Agnostic Swings
#METAL sector now looks weak. Recommend to #EXIT and #CLOSE all positions from a swing trading perspective.
In line with what we warned earlier yesterday,



IMPACT ON STEEL SECTOR:

Weakening of Chinese property sector is negative for Chinese steel prices and hence for global steel prices.

China produces 58% of global steel. Iron ore prices have already plunged 40% from its peak in past 4 months and now sentiment in steel sector is likely to be affected due to weakening Chinese real estate market. Watch out for further news on defaults in Chinese real estate sector there is never only one cockroach in the kitchen. Hence, we believe steel prices may fall in the near term after a sharp rise in the past 15 months...