#ISEC-755
Monthly chart.

Consolidation around Fibonacci extension 1.272%(612) & 1.618%(723) visible on chart. Recent ATH is 802.
Objective is to move higher towards Fibonacci extension

2.618%(1044) and 3.618%(1365)

#Probability

Jubilant ingrevia
#jubilantingrea

Equirus initiates with target of 1,013rs

Expects the specialty chem to drive the growth
Lowest cost producer of pyridine derivatives with 20-80% mkt share

Nutrition n health science to grow steadily

Big volume growth expctd

Capex beneficiary

#DELTACORP-288.50

(Monthly chart on log scale.)

Long term perspective.

#Perception

Super list! In case you want to generate and monitor this on demand you can check out the raw material page of Tijori

Chemicals and metals, along with price changes and their producers/consumers in one place and updated everyday

Link: https://t.co/ZzPCPW5ODM https://t.co/4jQ0waGAC9

What a good shareholding pattern👌

Look at the kind of FIIs and DIIs holding the comp

Dream names🙂

The companies which are set to benefit!!!

My System for momentum trading🧵:

1. Stock Identification:

Daily and Weekly Delivery Analysis using @mystockedge
Theme Confirmation using Internet and Network

2. Stock Confirmation:

Relative Strength of a stock visavis market using RS55 model listed in @mystockedge

1/n

3. Stock Participation:

Only when chart showing short term breakout along with RS55>0 and RSI>50. I am ready to leave some initial movements.

4. Position buildup:

Every time the stock gives a breakout from the previous swing high add more position and go all-in.

2/n

5. Stock Exit:

I run two portfolios: Short term Swing and Long term Swing.

For Exit in Short term swings, I use a 2hourly Chart with super trend and RS. I am using @tradingview for the same.

For long term swing, I exit when the RS of the stock goes below 0. Period.

n/n

Caustic soda,sodaash,acetic anhydride,ethyl acetate,acetic acid,sodium bicarbonate
These prices are seeing an excellent uptick

Caustic soda n sodaash especially,rising on a daily basis

Beneficiaries:
Guj alkalies
DCM
DCW
Chemplast
Jubilant ingrevia
GHCL
GNFC
Tata chemicals
GSFC

Trading Mistakes & Lessons Learnt 🧵

1) I always keep my mistakes & lessons learnt in front of my screen while trading.
Bcz we as traders tend to commit the same mistakes everytime.

So seeing your learnt lessons everyday ensures that you avoid them.

#trading #mistakes

2) In 2017, I analysed all my trades and saw that I have majorly lost in stock futures and profits came only via index trading.

I accepted that I am not great at stock trading & been trading index only majorly since then & have never missed a day trading BankNifty

3) I decided to adjust all of my past losses to 1 % of capital to see the effect of capping the downside.

I would have had a gain of more than 230 % if I had capped losses at 1% of cap.

Lesson: Keep losses per trade less than 1% of capital no matter what !

4) While trading index options, I lost sometimes due to IV rise,flash crash, and option freezes.

Lesson: Never take markets lightly & Always keep protective stops in the system (and not in your mind) to keep loss in control in case of blackswan.

5) Being an option seller, I have a tendency to manage my position by rolling up/converting to calendar etc.

So many times I have wasted 1 or 2 weeks just to close a loss making trade at cost😢

Lesson: I do manage now but exit as soon sold options become ITM or 2 x in value.

#HDFC (D)
- Taken support over demand zone
- Bounced with volume from Support
- Trend reversal candle formed
- Buy above 2760
- Stoploss 2715
- Target 2800/2840/2880/2920+
#SwingTrade

Gold - Holding 1680-1720 Key.

Above 1840 its a confirmation of trend change. Till then Ping pong move to continue.

Gold CMP $1760 SL 1680 Looking Bullish on daily chart based on various parameters.

#JUBLINGREA - Buy Jubilant Ingrevia - TradingView -

#TITAN
Mid trend consolidation followed by resumption of trend.

Broken past the horizontal barrier at 2134 and support intact at the breakout level.

Potential upside towards 2250 followed by 2400 can be seen.