6 Best Intraday stocks for tomorrow - Day trading guide for Monday - 01-Nov-2021
Day Trading Guide for Monday
Nifty finished emphatically for the 6th sequential month. This month, be that as it may, Nifty moved unpredictable wherein in the wake of denoting a record high at 18,604, an unexpected change in the opinion hauled the file lower till 17,613. Consistently, Nifty posted minor increases of 0.3%, however it settled beneath September's high.
Following Thursday's huge negative candle, Nifty framed one more negative light on Friday. Nifty followed just about 1/3 (for example 33%) of its July-Oct up move, additionally 50-day normal (almost 17,570) levels are unblemished since mid May'21 on an end premise. Subsequently, the prompt floor is seen close to 17,600-17,550 zone and food over the equivalent is needed for gentle union or recuperation to set in.
On a month to month shutting, Bank Nifty beat the benchmark record. Bank Nifty rose - 4.5%, up for the third consecutive month. This week Bank Nifty lost 8% from the record high. Gentle combination is conceivable with prompt obstacle seen close to 40,400 zone.
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 |
29-Oct-2021 |
7303.32 |
12445.95 |
-5142.63 |
|
DII |
29-Oct-2021 |
9716.1 |
5373.59 |
4342.51 |
Intraday Stocks for 01-Nov-2021
UPL | ||
| TARGETS 🎯 | BUY ▲ | SELL ▼ |
| PRICE | 742 | 735 |
| TARGET 1 | 748 | 731 |
| TARGET 2 | 753 | 724 |
| TARGET 3 | 760 | 717 |
| TARGET 4 | 767 | 711 |
| TARGET 5 | 785 | 694 |
| STOPLOSS | 739 | 738 |
ALKEM | ||
TARGETS 🎯 | BUY ▲ | SELL ▼ |
PRICE | 3615 | 3600 |
TARGET 1 | 3627 | 3587 |
TARGET 2 | 3641 | 3573 |
TARGET 3 | 3656 | 3558 |
TARGET 4 | 3671 | 3544 |
TARGET 5 | 3697 | 3518 |
STOPLOSS | 3610 | 3605 |
JSWSTEEL | ||
TARGETS 🎯 | BUY ▲ | SELL ▼ |
PRICE | 670 | 663 |
TARGET 1 | 674 | 657 |
TARGET 2 | 680 | 652 |
TARGET 3 | 686 | 646 |
TARGET 4 | 693 | 639 |
TARGET 5 | 710 | 622 |
STOPLOSS | 667.50 | 665.50 |
TARGETS 🎯 | BUY ▲ | SELL ▼ |
PRICE | 2036 | 2025 |
TARGET 1 | 2045 | 2015 |
TARGET 2 | 2055 | 2005 |
TARGET 3 | 2067 | 1994 |
TARGET 4 | 2078 | 1983 |
TARGET 5 | 2101 | 1961 |
STOPLOSS | 2031 | 2029 |
TARGETS 🎯 | BUY ▲ | SELL ▼ |
PRICE | 3691 | 3675 |
TARGET 1 | 3702 | 3663 |
TARGET 2 | 3717 | 3648 |
TARGET 3 | 3732 | 3633 |
TARGET 4 | 3747 | 3618 |
TARGET 5 | 3774 | 3592 |
STOPLOSS | 3686 | 3680 |
TARGETS 🎯 | BUY ▲ | SELL ▼ |
PRICE | 4882 | 4865 |
TARGET 1 | 4896 | 4851 |
TARGET 2 | 4913 | 4834 |
TARGET 3 | 4930 | 4817 |
TARGET 4 | 4948 | 4799 |
TARGET 5 | 4976 | 4771 |
STOPLOSS | 4876 | 4871 |
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 01-Nov-2021 Intraday Performance:
ReplyDelete1. UPL : Sell Side Below Target 4 @711 Achieved ✔️ and turned into a 🌟BONUS TRADE🌟.
2. ALKEM : Buy Side Above Target 5 @3697 (With Extra 81 Points) Achieved ✔️ and turned into a 🌟BONUS TRADE🌟.
3. JSWSTEEL : Buy Side above Target 3 @686 Achieved ✔️ and turned into a 🌟BONUS TRADE🌟.
4. KOTAKBANK : Buy Side above Target 4 @2078 Achieved ✔️ and turned into a 🌟BONUS TRADE🌟.
5. JUBLFOOD : Buy side above Target 4 @3769 & Sell Side below Target 2 @3648 Achieved ✔️ and turned into a 🌟BONUS TRADE🌟.
6. COFORGE : Buy Side above Target 5 @4976 (With extra 123 Points) Achieved ✔️ and turned into a 🌟BONUS TRADE🌟.
🌟BOOM🌟 All trades are turned out as BONUS Trades for 01-Nov-2021 (The Power of Technical Analysis at it's Peak now )