1100 POINTS IN PAGEIND today (TRADE ANALYSIS)

22 ביוני 2020

PAGEIND was selected as one of the long candidate for today and was shared with group last evening. (Yesterday's charts is posted below which has date stamp as well)
Level for long was given 18380 and it made intraday high of 19470 (1080 points).
Stock gave multiple opportunities to book out at this high level and even if you caught 70% of it then it is better than trading for whole week.
After retacement there was another entry using fibonacci in this stock.

Chart from last evening


Other stock given were ASIANPAINT & COLPAL, both of which worked perfectly. PIDILITIND was shorted with student and it gave small but confirmed profit.

Price action trading is a process of using price to analyze stock possible movement. Keep your charts as simple as possible so that you keep focus on most important element on chart "PRICE".
Stop your hunt for holy grail strategies and focus on learning PRICE ACTION TRADING as this is the only process which works for anyone to be long term successful.
If you receive any benefit from idea, appreciate by your likes/comment. If you earn from my ideas, kindly consider donating small part of your profits to those in need.

Cheers!
Piyush Gupta