Updated: Feb 26, 2022
This is our First Newsletter and will be published every weekend where RMB will discuss our Dashboard, Nifty/BankNifty weekly range and Stock talk
Our Dashboard is designed to have one eye look, by seeing this RMB decides to close or exit certain positions. As long as we making profit more than 20% p.a, we are happy, We do exit positions in regular intervals of time as and when system gives exit alert.
Total open Positions RMB views : 25 Index : 0 Swing/short term : 7 Options : 3
Lets start with Nifty/Bank Nifty as these are the Barometer of our Market. Here are weekly levels of Nifty/Bank Nifty. Traders can decide their future and option position as per below levels. The best way to trade is just buy or short CE/PE as per given levels or design your strategies accordingly
RideMultibagger Stock Talk
Lets now highlight few stocks which RMB believes to move up or down.
DRREDDY : Stock has shown retracment of 24% from its high and now looks ready to move higher with stop loss of 4140 for target of 4509.
MUTHOOTFIN : Stock showing divergence on hourly chart. Good to buy only above 1340.50 with stop loss of 1290 for target of 1415. A Good swing trade
ICICIPRULII : Stock is making 2 soldier at lower level. A Great buy at this level with stop loss of 490 for target of 575. A Good Swing trade
TECHM : Great stock resting at 200 MA. Good to enter with stop of 1368 for target 1572
Next News letter will will be WITH more ideas like options strategies
Hope you enjoyed our first News letter.
RMB only knows that Index of any country always go up in long run.