POSITIONAL TRADING ADVICE BUY Oil India (NSE: OIL) OIL INDIA STOCK RECOMMENDATION CP# 162.05 Idea BUY Buy Range 158 – 160 Target 168 – 170 StopLoss* 154 Duration 8 – 10 Trading Days Potential Returns^ 6 – 7% CP# Idea Buy Range Target StopLoss* Duration Potential Returns^ 162.05 BUY 158 – 160 168 – 170 154 […]
MONEY MANAGEMENT AND TRADING RULES
1) It’s advisable not to enter/exit beyond the recommended range.
2) Strictly follow the StopLoss as mentioned. Honour it.
3) Use trailing StopLoss to retain profits.
4) Diversify trading capital into our other technical recommendations.
5) Risk only the money what you can afford to lose. Hedge accordingly.
ANALYST SUMMARY
The research analysis is prepared by Arijit Banerjee, CMT, CFTe. He is a veteran trader and an active investor having in-depth knowledge in financial market research, advanced technical analysis, market cycle, algorithmic trading and portfolio management. Arijit is a Chartered Market Technician (CMT) accredited by CMT Association USA, the leading global authority of Technical Analysis and has been honoured by Certified Financial Technician (CFTe) from the International Federation of Technical Analysts, USA. SEBI, the regulatory body of Indian financial market also recognizes him as a Research Analyst (INH300006582).
Disclosure
The views expressed herein are based solely on information available publicly/internal data/other sources believed to be reliable, but is not necessarily all-inclusive and is not guaranteed as to accuracy. The recommendations provided herein is solely for informational purposes and are not intended to be and must not be taken alone as the basis for an investment/trading decision. Trading and investing are subject to market risk and the securities discussed and opinions expressed herein may not be suitable for all investors. To read the full disclosure, please click here.
* referred calendar months here
e.g. Jan 20, 2020 — April 20, 2020
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