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The following stocks on the daily charts are either in a rising momentum or
a
falling one. If a stock is showing a rising tendency on the daily charts then we
buy the stock at its first support level which is mentioned below. A stop loss is
also there in case the stock cuts its support and starts falling. Similarly if a
stock is showing a falling tendency on its daily charts, we short the
stock at it first resistance. The stop loss is also mentioned in case we are
wrong. All prices refer to spot and not futures.
Always target a profit of 1.5% from your buying or selling price in half your
position and the balance half position has to be squared around 3:15 pm. Sometimes you will find that the price does not come near your level of buy or
sell, then that day do less trades. If you want to trade in futures then take
the trade in futures of the below mentioned stocks and index accordingly. Buy or
sell the future when spot price touches support or resistance
.
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