Learning to catch High Probability Breakouts

[ravi2126]

update

 

[indianbank]

Hi friends good evening as always
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So i am holding positions in 6 stocks and Gold
Gold is doing well... i wish it to move more highs....

Another stock performing well in my portfolio is Geecee venture..

next watch list of 52 week breakout
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1.Bodal chem
2.Manapuram
3.Marico
4.CitY union bank

 

[indianbank]

 

[Rish]

update

Now 975.40 will act as major support I feel...1064 level is visible..

Let us watch...what happens....

The above level is for knowledge purpose and not a trading call.

 

[indianbank]

Hi friends good morning as always
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took positions
7.Bodal chem
8.Manappuram

So portfolio having 8 bulls and gold

 

[amitrandive]

Hi friends good morning as always
------------------------------------------
took positions
7.Bodal chem
8.Manappuram

So portfolio having 8 bulls and gold

Are you trading Gold MCX Futures ?

 

[indianbank]

Are you trading Gold MCX Futures ?

sure.... July contract:thumb:

If we analyze Avg yearly return from gold then it is 10%
so there is no point in buying gold in cash market because bank fd will give almost same return without anyrisk...

Gold future is trading with 20x margin...
Buying 3000 rs 1gm gold future requires 140 rs....
so my capital required for buying 1 gram gold will be 140--150 rs... and if gold moves 10% ie 300 points...
my capital will be doubled.

 

[Rish]

sure.... July contract:thumb:

July Contract expired on 30th Jun...Check July or Aug..

 

[vikas2131]

Midcaps vs. Largecaps..

forum image hosting

 

[indianbank]

July Contract expired on 30th Jun...Check July or Aug..

I am trading Goldpetal ie 1gram/contract JULY contract:thumb:
Gold petal is more flexible and i can manage position sizing without much difficulty

Gold petal july contract is very much available... :thumb: