General Trading Chat

GAIL gone @ 401 with 5.58% gain.Now this is 8th winning streak of 5%+ with rsi divergence method since 1st april 2016
Can you please post a chart at the EOD for all to see the RSI divergence and how to trade it.

Smart_trade
 

blackberry

Well-Known Member
Can you please post a chart at the EOD for all to see the RSI divergence and how to trade it.

Smart_trade
Sir you are more expert than me.I am just following bullish indicators method of divergence with RSI (5) indicator.My first buy was Hindalco after seeing this divergence.All are EOD based line graphs.
I failed in infosys bought in april and HCLTECH.This Hcltech crossed 5% profit mark 2 times but I didn't sold it.my greed

I will post more charts later
 
Sir, how about trading stock ITM options for swing? If yes, which companies do you suggest that have high liquidity in options?
Last few days traded Bajaj Finserv,Capital First,Shriram Transport finance...all gave 6-8 % in last week...

Stocks give good moves. But stocks are more volatile than Nifty.

Smart_trade
 
ST da,

Is a new swing long valid on break of todays high 8404 with SL of 8385 todays low. In case the previos one not taken

thanks
Market is bullish.We have to be long in swing. So buy 20-25 points dip and keep a stoploss of 25 points from your purchase price....market if reverses will take us out on the stoploss.

Smart_trade
 
Market is giving 25-30 points correction every day...so buying the dip is a better strategy than buying breakouts as long as we are in bullish mode in swing.Buying dips has a better RR.

ST
 

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