Market ReaderπŸ“ˆπŸ“‰
1.55K subscribers
2.42K photos
3 videos
9 files
552 links
🏝️8+ Years Trading Experience
πŸ“šChartered Accountant
πŸ“ˆTechno-Funda Swing Trader
⛔️ No Intraday, No Options
Download Telegram
Watchlist stocks are not showing any weakness⚑️
Groww: this got exit @ 193
All stocks will not work out. You should have proper exit plan

In swing 4 out of 10 stocks will fail.

In bad market 7 out of 10 stock fails. So the only way to survive is to have proper exit plan
Market ReaderπŸ“ˆπŸ“‰
Groww: this got exit @ 193
Entry was triggered at 194-195 and exited @193 because there are many other stocks which are showing strength way better than this.

It may consolidate more in 3%-6% range .
AI linked stocks are doing very well.

In india there is no major direct AI player but we have AI related infra companies which have solid Q1 results
Not a bad market for stock pickers
Entered with SL of 1295

Dhoot Transmission
πŸ‘4
Entered Emmvee

SL day low
πŸ‘4
Today's move is more like a shakeout.

Majority of strong stocks will bounce back soon
πŸ‘3
Entered Sansera

SL 3750
πŸ‘1πŸ”₯1
Indian Stock Market:




Positives:


🌟 US bond yields are down
🌟 Q1 earnings are better than expectations
🌟 Currency support: FCNR inflows & DXY weakness


Negatives:

πŸͺ« Brent crude at $93

πŸͺ‚ IPO pipeline could divert 40–50% of new capital

❄️ Lack of AI exposure
πŸ‘2
Market ReaderπŸ“ˆπŸ“‰
Today's move is more like a shakeout. Majority of strong stocks will bounce back soon
As expected, market showing good rebound today.

Now for swing purpose, yesterday's low zone will act as important stop loss levels.
πŸ‘2
Market ReaderπŸ“ˆπŸ“‰
Entered Emmvee SL day low
Emmvee up 5% today⚑️
πŸ‘1πŸ”₯1
Brent Oil is still @ 93 so some profit booking possible. But till yesterday's low is intact, I will hold with proper SLs
It's Friday and

Brent Oil still at @ $ 94


Some profit booking is possible.


20 DMA breadth at 48%

50 DMA breadth at 55%

Will reduce some position size