Once A Trigger Has Been Posted, Will Look At The Scrip Again If The First Target Is Achieved, There Is No Point Speculating Where It May Go Before The First Target Is Achieved.
What is the take on Compton Greevs? I see that it's nearing first target of 330 (reached till 328), planning to make entry on 321 for target of above 380/400 in medium term .
I wish to do Swing Trading (hold stock for 1-7 days). Will the system of 5/6 SMA crossover with bb 9,2 and macd on EOD data suffice for swing trading also. I buy on sma 5 crossing over sma6 and sell vice versa. Are there any other parameters that I should consider. Is there any other system for swing trading.
I am trying to study the charts on ICharts.in. What should be the time frame i select : 3 mths, 1 mth or lesser.