In last three months, we got three examples to justify the title of this Article.
All below 3 Examples highlighting the fact that,
1). Pillars’ Strategy “AVOID” any Trading Position in Range Bound Markets – NIFTY
2). Pillars’ Strategy can generate “BUY” even at all time High – BAJFINANCE
3). Pillars’ Strategy can generate “SHORT SELL” at Fresh 52wk High also – ADANIPOWER
All in all, we are neither biased nor third part dependent for Trading Calls / Views.Read More »
Nifty Spot Index started January Expiry from 10779.80 levels and Ended at 10830.95 – Net Difference: 51.15pts with High Point being at 10961.85 and low was at 10583.65
Total Trading Range was (H-L) 378.20 only – Quite Manageable irrespective of one’s sentiments were Bullish or Bearish. Both, got multiple Entry Exits during the Expiry.
Recall how much Panic was being inflicted by vested Interests with Data Bombarding, SGX Price Volatility, Opinions shared in Media, Forums about Market Fundamentals & Technical Set-Up in the minds of Traders during the course of the Expiry.
Rocket Specialisations: Pillars’ Strategy captures only Trending Movements, during range bound price actions we prefer to stand-still, irrespective of news-flow &/or events (Results, Budget, Elections, RBI Meet, etc) are lined-up during the said period.
Trade Limited with Clear Entry Exit Level is the simple working motto at Rocket Trades.
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On Monday, 10 September 2018, When Nifty was down more than 135pts (from high to low) our Proprietary Trading Strategy initiated BUY in Grasim with 15000 Risk per lot basis.
After Holding for 5 days especially when Nifty was down more than 200pts from our advised BUY levels but still booked 37500+ Profits Per lot Basis on Friday 19 September 2018.
This is the true Power of OAA (One Against All or Against All Odds) !
Entry Exit are always given at 3:10pm time. Screen Shots are attached for the reference.Read More »