4 best stocks for intraday tomorrow - Day trading guide for Monday - 18-OCT-2021
Day Trading Guide for Monday
Nifty revitalized more than 2% last week, driven by Tata Motors (up 30%), ITC, Adani Ports and Grasim (up around 10% each). Framing one more bullish flame, Nifty finished in green for the straight 6th meeting. On Thursday, the file shaped NR4 diagram design (for example tightest high/low reach in the beyond three meetings). Appearance of numerous vertical gapping activity guarantees a shift of base to more elevated levels; consequently the degrees of 18,000-18,050 could go about as a prompt floor for Nifty. Last week, 25 out of Nifty50 parts figured out how to beat the benchmark returns. Recharged purchasing revenue was seen in chosen auto, metal and PSU banking stocks, while IT stocks were unstable.
Bank Nifty exchanged positive all through the meeting and outflanked the feature record. A sustenance could lift Bank Nifty towards 39,700 - 40,000 zone. In the interim, getting through the clog stage, Nifty Metal file continued its vertical excursion in strange region. PSU Bank record figured out how to outperform its Feb 21 top; food could draw in purchasing revenue in chose public financial stocks.
Indian Stock Market Latest Update
Today's Live Global Market Update
FII/FPI & DII trading activity on NSE, BSE and MSEI
|
FII/DII Trading
Activity in '₹' Crores |
||||
|
Category |
Date |
Buy Value |
Sell Value |
Net Value |
|
FII/FPI |
14-Oct-2021 |
7,706.79 |
9,457.38 |
-1,750.59 |
|
DII |
14-Oct-2021 |
10,607.59 |
8,925.99 |
1,681.60 |
Intraday Stocks for 18-Oct-2021
| TARGETS 🎯 | BUY ▲ | SELL ▼ |
| PRICE | 4692 | 4675 |
| TARGET 1 | 4706 | 4661 |
| TARGET 2 | 4722 | 4645 |
| TARGET 3 | 4739 | 4628 |
| TARGET 4 | 4756 | 4611 |
| TARGET 5 | 4783 | 4586 |
| STOPLOSS | 4687 | 4680 |
TARGETS 🎯 | BUY ▲ | SELL ▼ |
PRICE | 1216 | 1207 |
TARGET 1 | 1223 | 1200 |
TARGET 2 | 1231 | 1192 |
TARGET 3 | 1239 | 1184 |
TARGET 4 | 1248 | 1175 |
TARGET 5 | 1263 | 1158 |
STOPLOSS | 1213 | 3974 |
How to Trail your Stoploss?
This is a secret part for a Professional trader to book Partial Profits frequently or Trailing Stop loss Profits. The Best Part of this Strategy is that it will always end up with Consistent Profits rather than taking a big loss.
👍Let's Understand this Concept with an example :-
✔️Suppose One of our above trade is activated @42 where Target 1 - @ 45 , Target 2 - @ 47 , Target 3 - @49, Target 4 - @51 & Stoploss - @ 39 However if the First target reaches Target 1- @45 Book 50% Profit of your Quantity Example:- Out of 100 book 50 Quantity as at the Moment Profits and Rest 50 Quantity trail to just below the Target 1, Around @43.
and you can also book 75 Quantity or You can book full if your Quantity Amount is too big. It actually depends on your Greed /Patience Power. In second scenario if Buy/sell price jumps then you can also take that trade & best part of it is that target and Stop loss will be same ! Avoid Big Gap Up/Down (like 1%) Opening if its Near Target 1 for buy/sell side. Suppose If It's a Big Gap Up opening then wait for the Sell Side Trade! Same goes for the Gap Down Opening then wait for the Buy Side Trade!
Precautions For Intraday
✔️After taking any positions from the given trade above always Trail your Stoploss to cost if it moves to the direction of the buy/sell target so trail your Stoploss to cost . What will be the price if you don't know how to trail? Then here is an example suppose I gave a buy position to buy a stock @503 and stoploss @501 if it moves upward above @505 or the difference between the buying price and the stoploss price just substract it like (503-501= 2) so now your trailing stoploss came to your buying price likewise If it moves of 2 points Upwards Trail your stoploss just below 2 Points & exactly same goes for the Sell Side.
✔️ However if Your Stop loss got Hit after taking a particular stock's trade then take the next trade on or after 9:30am Still Missed the Opportunity then Take the Position After 12:15pm
✔️Always Check Market Depth for Buying & Selling Quantity for better knowledge & it will also help you if their is any institutional traps or operator traps !! For example If one of our trade activated on buy side but market depth is showing selling pressure with high quantity for selling so simply it's a trap and wait for Sell side entry.
✔️ Stock Market always demands a sacrifice & here sacrifice means money, it also takes Time, Efforts, Patience, Study, Hard Work & Knowledge to make sure the Worthiest One can take profit & Remaining the rest is your luck.
Let's Discuss about 18-Oct-2021 Intraday Performance:
ReplyDelete1. MINDTREE : Buy Side above Target 5 @4783 (Extra 10 Points) Achieved ✔️ and turned into 🌟 BONUS TRADE 🌟
2. INDUSINDBK : Sell Side below Target 1 @1200 & Buy Side Target 1 @1223 Achieved ✔️
3. EICHERMOT : Sell side Target 3 @2812 Achieved ✔️
4. TATASTEEL : Bcz Gap up Opening it's Not Activated ❌