PEL - 1085

cad add with 1033 weekly close

tgt 1266/1391/1593

started already

#NEW

Kamdhenu - 607

can added with sl 573

tgt 660/704/774

625 already

Wish you all a very Happy Ganesh Chaturthi 🙏🏽

#NEW

Gujarat Alkalies - 850

add with sl 750 weekly
tgt 960/1000/1104

Good Morning 🌞

#UPDATE

Servotech 125 to 157

#NEW

Electrosteel Cast - 225

add with 212 clbs
tgt 279/313/369

#UPDATE

PNB Housing 809 to 1200

50% done in 45 days

If you observe, the frequency of #NEW trades has been very less for past few days. I am just being cautious so we can find better price for our picks and not just post anything for the sake of posting 👍 Happy trading

Short forms and their meaning

SL- Stop Loss: An order placed to sell a security when it reaches a certain price to limit losses.

TP - Take Profit: An order placed to automatically close a trade when a certain profit level is reached.

MTM - Mark-to-Market: The daily settlement of profits and losses in futures or options.

BO - Breakout: When the price moves beyond a key resistance or support level with increased volume.

CLBS - Close Buy Stop: A stop-loss order placed on a buy position to close it at a certain price if the market turn.

LTF - Lower Time Frame: Shorter timeframes like 1-minute, 5-minute charts used by day traders for quick trades.

HTF - Higher Time Frame: Longer timeframes like daily or weekly charts used for swing trades or analyzing bigger trends.

R:R - Risk to Reward Ratio: A measure used to assess the potential reward of a trade in comparison to the risk.

FOMO - Fear of Missing Out: A common emotional bias in trading when traders jump into a trade due to fear of missing a potential move.

BTFD - Buy The Dip: A trading strategy to buy stocks after they have fallen in price.

BTST - Buy Today, Sell Tomorrow: A strategy where traders buy shares today and sell them the next day to profit from overnight price movement.

STBT - Sell Today, Buy Tomorrow: A strategy where traders sell shares today and buy them back the next day, typically used in futures or options trading.

PDH - Previous Day High: The highest price reached by a stock or asset in the previous trading session.

PDL - Previous Day Low: The lowest price reached by a stock or asset in the previous trading session.

IPO - Initial Public Offering: When a company first sells its shares to the public.

CMP - Current Market Price: The latest price at which a stock is trading in the market.

HNI - High Net-worth Individual: Investors with a large amount of capital to invest.

DII - Domestic Institutional Investor: Institutions based within the country (like mutual funds, insurance companies, banks, etc.) that invest in the stock market.

FII - Foreign Institutional Investor: Foreign entities or institutions (like hedge funds, pension funds, etc.) that invest in the domestic stock market.

QIB - Qualified Institutional Buyer: A specific category of investors allowed to trade securities that are not publicly offered.

HNI - High Net-worth Individual: Individual investors with significant financial capital, often making large-scale investments.

MF - Mutual Fund: A collective investment scheme that pools money from investors to purchase securities like stocks, bonds, or other assets.

AMFI - Association of Mutual Funds in India: The governing body for the mutual fund industry in India, which sets regulations and promotes mutual fund investments.

NII - Non-Institutional Investor: An investor who doesn’t qualify as a retail investor or an institutional investor, usually making large trades but not considered an institution.

PE - Private Equity: Capital investment made into private companies or buyouts of public companies to delist from public stock exchanges.

VC - Venture Capital: A type of private equity financing provided to startups and small businesses with high growth potential.

SIP - Systematic Investment Plan: A way of investing in mutual funds by making regular, systematic investments, typically on a monthly basis.

AUM - Assets Under Management: The total market value of assets that an investment company or fund manages on behalf of investors.

Market Basics - 01

RSI (Relative Strength Index) is a momentum indicator that measures the speed and change of price movements. It ranges from 0 to 100.

Overbought: RSI above 70 suggests a stock may be overbought and due for a pullback.

Oversold: RSI below 30 indicates a stock is oversold and may see a reversal upwards.

Divergences:

Bullish Divergence: Price makes lower lows, but RSI makes higher lows – possible upward reversal.

Bearish Divergence: Price makes higher highs, but RSI makes lower highs – potential downward move.

Use RSI with other tools like trendlines and moving averages for stronger signals!

Bullish Divergence