Market ReaderπŸ“ˆπŸ“‰
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🏝️8+ Years Trading Experience
πŸ“šChartered Accountant
πŸ“ˆTechno-Funda Swing Trader
⛔️ No Intraday, No Options
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Brent @ 93.

As long as Brent stays above the 87–88 zone, equities are likely to remain under pressure.

But this will create opportunities to enter stocks with strong Q1 earnings and solid fundamentals.

For now: pullback + consolidation mode.
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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
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Entered Emmvee

SL day low
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Today's move is more like a shakeout.

Majority of strong stocks will bounce back soon
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Entered Sansera

SL 3750
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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
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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.
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Market ReaderπŸ“ˆπŸ“‰
Entered Emmvee SL day low
Emmvee up 5% today⚑️
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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