Swing Trading Strategy - Stock Exit Parameters
Description :
For stock exit point we analyse 5 parameters using techno - funda analysis, We will discuss each parameter one by one in detail,
1. Book Profit around 5 % to 10 % range :
Book profit around 5 % to 10 % range means after stock entry if we got more than 5 % profit put a stoploss @ 5 % range and book profit,
2. Stock with RSI more than 70 :
A stock with RSI reading more than 70 means the stock price is over bought zone which means the stock is reached its top and ready to reverse,
3. Stock near Resistance or Supply Zone :
Draw a trendline and mark a resistance zone which means stock is reached its top and stock supply increases and price reverse,
4. Stock with PVT line crosses signal line in down trend :
When a stock PVT line crosses signal line in down trend means the stock price is bearish trend OR s stock PVT line is in uptrend and became reverse to downtrend shows bear signs,
5. Stock with Negative Quarterly result :
Stock with negative quarterly result means the stock quarterly sales and profit growth is negative in YoY OR QoQ bases shows that in near time stock fundamental is poor so we need to exit stock,
Description :
For stock exit point we analyse 5 parameters using techno - funda analysis, We will discuss each parameter one by one in detail,
1. Book Profit around 5 % to 10 % range :
Book profit around 5 % to 10 % range means after stock entry if we got more than 5 % profit put a stoploss @ 5 % range and book profit,
2. Stock with RSI more than 70 :
A stock with RSI reading more than 70 means the stock price is over bought zone which means the stock is reached its top and ready to reverse,
3. Stock near Resistance or Supply Zone :
Draw a trendline and mark a resistance zone which means stock is reached its top and stock supply increases and price reverse,
4. Stock with PVT line crosses signal line in down trend :
When a stock PVT line crosses signal line in down trend means the stock price is bearish trend OR s stock PVT line is in uptrend and became reverse to downtrend shows bear signs,
5. Stock with Negative Quarterly result :
Stock with negative quarterly result means the stock quarterly sales and profit growth is negative in YoY OR QoQ bases shows that in near time stock fundamental is poor so we need to exit stock,
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