Remember, the stock market involves risks, and there are no guaranteed tricks for success. It’s best approach with patience and a long-term perspective. Consulting a financial advisor is also a wise move for personalized guidance.
Must Read Before Using This Strategy
Check-in Screener. in
1. The business of the company has a good future (Mostly Applicable for Blue Chips & Market Leaders Stocks)
2. Last 10 years Sales & Net Profit should be in a Growing trend (See in Profit & Loss Section)
3. Running Years Quarterly results must be Good (See in Quarterly Results Section)
Stock Market not for 1-2 days,1-2 months-1-2 years.
The stock market is for 5-10-20 years and even more; only then you can become rich; otherwise, you cannot.
It’s like a Test Cricket Match you need to stand by on the pitch run will come
Average instead of Stop Loss / or Use Stop Loss if you wish
Use fund 8-10% In One Stock Only (If you follow strictly this allocation of 8-10% in one stock so in case of Loss you will not be in panic & it will not affect very badly to your total portfolio.)
In trading view
Search Indictors “ 52 Week High Low by Ceyhun”
(Period 251, Style use only High & Low Remove Basics)
Logic
52 weeks low means overall all the parties are at a loss now. (Operators, FII & DII Plus Retailors). So, there is a higher chance that the price will go up.
We fixed 251 days 365 minus all holidays.
Sentiment Indicator: Investors view the 52-week high/low as a psychological level, influencing buying or selling decisions.
Securities trading close to their 52-week high might indicate overvaluation, while those near their 52-week low may be undervalued, presenting potential opportunities.
How 52 weeks High Low Looks and work
You will find two lines here in the chart one in the upside blue color at 52 weeks high and other is at lower side at 52 weeks low with red line.
Buying Point: When the price touch 52 weeks low just buy
Selling Point: When the price touch 52 weeks High just sell
Trade can go against you
In the stock market, nothing is fixed like FD(Fixed Deposit). If you do trading with your 8-10% money invested in one stock then even if some of your stocks go against you, you can survive but if you invest your 20-30-40% of the money, then of course, if trades go against you, you will be the looser.
The final understating is to follow money management.
