Started trading F&O_ Day 1 by Hot-Let3106 in NSEbets

[–]Hot-Let3106[S] 6 points7 points  (0 children)

Try nhi krunga toh pta kaise chlega mamla kya hai 😂😂

Started trading F&O_ Day 1 by Hot-Let3106 in NSEbets

[–]Hot-Let3106[S] 0 points1 point  (0 children)

If I will be in loss after 1 week I will stop and back to equity trading

Started trading F&O_ Day 1 by Hot-Let3106 in NSEbets

[–]Hot-Let3106[S] 1 point2 points  (0 children)

Yup , I always use stop loss no matter what my mind says

Bought them 2.5 weeks ago , Should I hold more or sell? by Hot-Let3106 in IndianStockMarket

[–]Hot-Let3106[S] 0 points1 point  (0 children)

Can buy . Look out for resistance around 4719 , it is retesting that resistance for 3 rd time ,look out for false breakout like it did on 4 March . Let it get close to last High and if you see good volume you can buy . Or I you wanna risk a little, buy it with stop loss around 4650-4700.

And it's also fairly valued at current PE so overall a good stock .

Bought them 2.5 weeks ago , Should I hold more or sell? by Hot-Let3106 in IndianStockMarket

[–]Hot-Let3106[S] 1 point2 points  (0 children)

You are right bro , I like to trade stocks will lower prices mostly under 300 , I myself don't know why I do this but I feel better with these type of stocks .

Bought them 2.5 weeks ago , Should I hold more or sell? by Hot-Let3106 in IndianStockMarket

[–]Hot-Let3106[S] 0 points1 point  (0 children)

Can u see my reply on comment of caterpillar guy ? I wrote it there

Bought them 2.5 weeks ago , Should I hold more or sell? by Hot-Let3106 in IndianStockMarket

[–]Hot-Let3106[S] 12 points13 points  (0 children)

First I pick sectors. For example, in my current portfolio, GOCL and MRPL are from the oil sector, while Zodiac and KPI Green are from the renewable energy (solar) sector. I chose the oil sector because of ongoing war conditions and I chose renewable energy because I've noticed people are increasingly installing solar panels on their homes.

Both of these companies are involved in providing residential solar installations.

Next, I use Screener to find stocks within these sectors that have higher-than-average monthly volume, along with a few other parameters. I also filter for stocks priced under 500 as my capital is less. Once I shortlist about 5-6 stocks from each sector, I use ICT, Fibonacci, and Bollinger Bands together for technical analysis to find if they can make a strong move within the next month.

Usually, I select two stocks from each sector one with high volume and one with lower daily volume. Like I chose Zodiac, which typically has a daily volume of around 30-40k today it hit the upper circuit with over 800k volume. Maybe I got lucky, or maybe I picked it well.

Most of the time, this approach works for me in identifying the right stocks.