What goes up...

26. 05. 2021 1. Right after a double top followed by a correction  2. Followed by sideways movement  3. (Hindsight) it seems like in a no-trade zone  4. Fib arc suggests off track from 38. 2% 5. 294 is a strong support zone  6. It's in its lowest ever zone in 2021 7. The lowest ever zone happens to coincide with 294 support level (bounce up expected?) Expecting a 10% upside on a bad day 328 20% upside on a good day 358

26. 05. 2021 Bought asianpaints at 2902 Cup and handle formation Resistance at 2870 Volume seems thin on the higher side  Sell at 3000

Have been holding sbi for a long time at 284. (March 2021) Sold them today at 401. 

24/5/2021 Bought VBL @ 1009 Target 1050 Revised target 1060 Why? Multiple attempts over the last 3 months to break the 1000 mark.  Buyer momentum looks good.  However volume is sparse.  Edit #1  Similar Bollinger sideways pressure effect (as BKing) Right above the 200 MVA Edit #2 I was blind to 2 separate phenomenon. 1. Double bottom 2. Inverted head and shoulder  Both of these side by side.  Revising target to 159, nevertheless.  Pessimism is my best friend. 

24.05.2021 I hate Bking but couldn't resist the stock.  Again, a fluke purchase. (Guess)  However, Monthly ADX at 38  RSI at 70 Prices about to go down?  Expecting resistance at 140.  Could be a good mid term bet.  Edit #1  Fuck I think it's a great purchase. Bollinger bands indicate there is a lot of tension building inside a narrow pipe. Just waiting for a Newtonian miracle right now.  Edit #2  Comfortably 180?

Don't know why I bought airtel.  May be because I'm pissed about vodafone's network coverage.  Bought it at 538 on 19-05-21 Even Bharti Mittal wouldn't buy it at that price.  Bought it because the shares were falling and I thought to myself 538 isn't a bad price for the long-term .  That's the mistake.  I went in to buy fish and instead ended up buying an aquarium.  Counting on luck here onwards to rescue me at 600.  Edit # 1 Key resistance at 499 and 527 Fib arc suggests 600 (not sure if I'm reading it right) Might have to wait a long time