Thanks for superb session Sir. I would like to know the following: 1) you didn't mention anything about weinstein 30 WMA on selecting sectors & stocks, is there any reason for it? 2) Your views on TCS which is under 50 DEMA and re-test July 24 levels. Can it be considered as an exit signal? 3) Your watchlist looks very organized and stocks are just a click away with ease. Is it created by you or TradingView provides it to their paid members?
1) I didn't mention about Stan framework as it's a given that these sectors qualify as per his framework. 2) TCS is forming a new major pivot. Strong stage 2 structure 3) This is not trading view software. Using a different software.
Hello ST, Thanks for wonderful episode 🎉. I have following questions I want to know you thoughts on following 1) what one should do, if he/she completed STP in Nifty IT and FMCG and sitting on profit of 15% in each ETF i:- sould one book profits or use upcomming pullback (if any) to add in existing position of IT and FMCG ETF ii) if one wants to book profit in above trade, should one follow 50DMA breach or HH HL structure on hourly TF ( considering ongoing volatility) Kindly guide Thanks, Prathamesh
ST, in the names from these new sectors Auto,Metal and Realty how would you build position : One Time or STP ? If STP then would it be 8 or 16 week?. 2. For existing STP in IT, FMCG i think should we continue those? OR exit say 50 percent from IT, FMCG anx bring that capital to these new sectors Metal, Auto and Realty. ? How are you managing your sevtor STP position and capital rotation?
For these sectors, I'd bet 0.5 or 1% of capital on some of these stocks and then use 3,5,7 to manage risk. From IT and FMCg I'd exit only if capital is the issue. Else will let it trail.
Great video as usual Raunak :) We should always scout for the next potential sector which can take the market higher and you explained it really well. Thanks! I recently booked 15-20% from NAVA as it moved a lot in the short term. I feel it just builds a bit of confidence to take some money off the table. What's your view on this?
Hi Raunak, defence and railwsays and some other PSUs picked up momentum , how should we catch them . Should we wait for few days or If it's just V shape recovery than how should we pick
Hello sir, how are you. I have the same question too wrt number of weeks in sip/stp, leaning more towards 16weeks or if possible even more number of weeks. What is your approach to it sir? Also I had bought bajaj auto on transition structure back then I didn’t know that it was a transition structure but price had little volatility and breakout was good and with volume spike, got shaken out not because of its structure but poor sector structure back then and gap down candles on tata motors shook me out of bajaj auto, please let me know how you would have handled the trade
In these sectors , I'll prefer putting 0.5% capital in stocks i like and then will manage risk through Roppels method. Regarding your trade, pivots were not violated. It's possible to assumed price would move further lower and exited these counters. Mark this as a mistake in your journal and aim to improve upon this.
what u think about nifty infra and nifty mnc? u r right, in my circle lots of peoples break FD and invest in equities and also apply lots of IPO in SME. this is crazy. even they don't understand the risk in market. i continue trade and invest in market but always keep one line ( after fed rate cut market correct in price and time) you said in back of mind. in ur guidance i m doing very well. thanks a lot St.
With Sector rotation happening each quarter and new opportunities surface, how do you advise to reshuffle the stocks? STP stocks which are being accumulated over last 4-5 weeks, still consolidating then does it makes sense to replace them with newer name of potential sector (Metal, Realty). Stock specific, i have accumulated IndusTower for few weeks and suddenly it became berish in last 2 days, STP pause is done. But now with long term potential of Indus and with newer names brings in FOMO. What is your advise to hold on, or let go few opportunities, as the capital is limited
1) Each sector cycle lasts for 3-4 months. By the time you cut your losers and add to your winners, some newer names will setup. These names can belong to sectors which will move in future and hence you won't miss out as such. You will have to stick with stp for 12-15 months to see this play out. 2) Stick to rules. No matter what the potential of the company, if Stop is hit, trade should be exited. If future is so bright, it will setup again.
1. Considering the global situation it is better to go behind ETFs again in these upcoming sectors instead individual stocks.. in that case, would you already start STP in confirmed indices discussed in the video? Somehow no gut now for long positions building in stocks.. 2. In pharma and healthcare stocks, am exiting partial or full on daily or 50dma breakdown and keeping winners. If winners also does the same then will exit them too.. if they setup base and BO, then will add. Hope this is right method. 3. I don’t understand why u don’t trade pharma :) for me it looks same price actions same setups same behaviours.. yes there are regulations.. now a days regulation on finance and banking are also on higher side.. but at the end chart shows all as you say. Then why not?! 😊
I'd prefer buying stocks with 1% capital allocation. Will then manage risk through Roppels method. Your approach to pharma is fine. I don't trade this sector but I do invest in some stocks.
Thank you sir.
Thanks for superb session Sir.
I would like to know the following:
1) you didn't mention anything about weinstein 30 WMA on selecting sectors & stocks, is there any reason for it?
2) Your views on TCS which is under 50 DEMA and re-test July 24 levels. Can it be considered as an exit signal?
3) Your watchlist looks very organized and stocks are just a click away with ease. Is it created by you or TradingView provides it to their paid members?
1) I didn't mention about Stan framework as it's a given that these sectors qualify as per his framework.
2) TCS is forming a new major pivot. Strong stage 2 structure
3) This is not trading view software. Using a different software.
Hello ST,
Thanks for wonderful episode 🎉.
I have following questions
I want to know you thoughts on following
1) what one should do, if he/she completed STP in Nifty IT and FMCG and sitting on profit of 15% in each ETF
i:- sould one book profits or use upcomming pullback (if any) to add in existing position of IT and FMCG ETF
ii) if one wants to book profit in above trade, should one follow 50DMA breach or HH HL structure on hourly TF ( considering ongoing volatility)
Kindly guide
Thanks,
Prathamesh
1) Don't touch winners. Look to add always when a new base forms.
2) If you want to book profits, hold till 50 DMA is valid.
Thanks ST 😃
Hi Raunak, Thank you for insight. If we see SHYAMMETL its outperforming and JSW is in a good structure in this which one to consider.
Shyam has a stronger RS.
ST, in the names from these new sectors Auto,Metal and Realty how would you build position : One Time or STP ? If STP then would it be 8 or 16 week?.
2. For existing STP in IT, FMCG i think should we continue those? OR exit say 50 percent from IT, FMCG anx bring that capital to these new sectors Metal, Auto and Realty. ? How are you managing your sevtor STP position and capital rotation?
For these sectors, I'd bet 0.5 or 1% of capital on some of these stocks and then use 3,5,7 to manage risk.
From IT and FMCg I'd exit only if capital is the issue. Else will let it trail.
Sir what books do u suggest apart from stan, mark, wycoff and O neil?
This list will suffice. Nothing more is required. Re-read these again and again.
Great video as usual Raunak :) We should always scout for the next potential sector which can take the market higher and you explained it really well. Thanks!
I recently booked 15-20% from NAVA as it moved a lot in the short term. I feel it just builds a bit of confidence to take some money off the table. What's your view on this?
I didn't trim any from Nava yet. It's up 60% in 3-4 months. Will cool off a bit.
Hi Raunak, defence and railwsays and some other PSUs picked up momentum , how should we catch them . Should we wait for few days or If it's just V shape recovery than how should we pick
This space needs a base. Base should form around 50 DMA. As of now, no signs.
Dont you think there some strength building up in financial sector, like hosing finance, insurance, amc, etc
Yes, this is part of Banks / Finance theme.
Hello sir, how are you.
I have the same question too wrt number of weeks in sip/stp, leaning more towards 16weeks or if possible even more number of weeks. What is your approach to it sir? Also I had bought bajaj auto on transition structure back then I didn’t know that it was a transition structure but price had little volatility and breakout was good and with volume spike, got shaken out not because of its structure but poor sector structure back then and gap down candles on tata motors shook me out of bajaj auto, please let me know how you would have handled the trade
In these sectors , I'll prefer putting 0.5% capital in stocks i like and then will manage risk through Roppels method. Regarding your trade, pivots were not violated. It's possible to assumed price would move further lower and exited these counters. Mark this as a mistake in your journal and aim to improve upon this.
what u think about nifty infra and nifty mnc?
u r right, in my circle lots of peoples break FD and invest in equities and also apply lots of IPO in SME. this is crazy. even they don't understand the risk in market.
i continue trade and invest in market but always keep one line ( after fed rate cut market correct in price and time) you said in back of mind.
in ur guidance i m doing very well. thanks a lot St.
Both these sectors also qualify as per risk reward.
With Sector rotation happening each quarter and new opportunities surface, how do you advise to reshuffle the stocks? STP stocks which are being accumulated over last 4-5 weeks, still consolidating then does it makes sense to replace them with newer name of potential sector (Metal, Realty).
Stock specific, i have accumulated IndusTower for few weeks and suddenly it became berish in last 2 days, STP pause is done. But now with long term potential of Indus and with newer names brings in FOMO. What is your advise to hold on, or let go few opportunities, as the capital is limited
1) Each sector cycle lasts for 3-4 months. By the time you cut your losers and add to your winners, some newer names will setup. These names can belong to sectors which will move in future and hence you won't miss out as such. You will have to stick with stp for 12-15 months to see this play out.
2) Stick to rules. No matter what the potential of the company, if Stop is hit, trade should be exited. If future is so bright, it will setup again.
Brought Indian cements at 380 preempting the breakout. Stock is consolidating in a tight range. Holding it with a SL of 344. Is it a valid trade?
Structure is strong stage 2. Since you preempted, it can consolidate more before it moves up.
1. Considering the global situation it is better to go behind ETFs again in these upcoming sectors instead individual stocks.. in that case, would you already start STP in confirmed indices discussed in the video? Somehow no gut now for long positions building in stocks..
2. In pharma and healthcare stocks, am exiting partial or full on daily or 50dma breakdown and keeping winners. If winners also does the same then will exit them too.. if they setup base and BO, then will add. Hope this is right method.
3. I don’t understand why u don’t trade pharma :) for me it looks same price actions same setups same behaviours.. yes there are regulations.. now a days regulation on finance and banking are also on higher side.. but at the end chart shows all as you say. Then why not?! 😊
I'd prefer buying stocks with 1% capital allocation. Will then manage risk through Roppels method. Your approach to pharma is fine. I don't trade this sector but I do invest in some stocks.