IPO MCLOUD

 

 

Rocket

 

VIMTALABS GAPUP

 

Episodic Pivots (India)

 

How To Trade These Setups In Indian Market Context :

Now What We Have To Do Is Add That Setup In Our Watch list

Don't Trade It Immediately Let The Setup Make Some Contraction

Trading Near Key Moving Averages

In this case when there’s gap up in the next few days the stocks falls as

Some people want to book profit or we can call that removal of weak hands.

In this case the stock comes down near to the moving averages and starts

taking support from the 10 or 20 moving averages.

In case of Hbl power the stock gapped up 12% on more than average

volumes on the event of superb earnings.

Now see how the profit booking comes & stock takes support of 10MA &

next day we see the bulls back in action.

 Culminating 2 working methods:

- For Stocks:

- buy high priced as much as possible, with Highs and Lows as pivots (B/S decisions) 

MARTINPRING_ MOMENTUM