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The author is a SEBI Registered Research Analyst (INH000004796) and a NISM certificate holder in Equity Derivatives Market. The certification is provided by National Institute of Securities Markets.

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Saturday, August 23, 2014

How to enter into a Trend??

I have got many queries as to how to enter into a trend for an Index or a stock. There are quite a ways to do this. There is no 'The answer' to this query. One method can be following pivots and higher lows and higher highs formation(In case of an uptrend).
One method that I have found very effective is to see whether the Index or stock is taking support at the 50 EMA. If yes then go ahead and enter the instrument with previous low/swing point as SL. I have found this method very effective and I use it very often in entering stocks and Indices. The entries using this method in Option trades can prove to a multibagger entries.

Lets have a look at some charts:

































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1 comment:

  1. TBP Sir,

    Thanks for your detailed analysis of Nifty historical chart and How to enter the trend write up.

    Regards,
    KSG

    ReplyDelete