Opportunity: Nifty at 200 week moving average on Feb 12 2016(Friday)
Covered on Feb 14 2016 (Sunday): Nifty at Ultimate Support Level
Pattern: Deep Value Buy
Rationale: When a fundamentally good asset declines near 200 week moving average - then it offers a great buying opportunity. As per Science of stock price action - the stock is called a DEEP VALUE BUY.
Here's what has happened to Nifty since Feb 12 2016
It's up 16.4% since Feb 12 2016
Opportunity: SKS Microfinance Turnaround
Covered on Jan 12 2016: SKS Microfinance Opportunity
Rationale: When a stock turns around above a key resistance level, then any pullback to that level becomes a buy. SKS Microfinance broke out above 100 dma and hence pullback to 100 dma became an excellent opportunity
Here's what has happened to SKS Microfinance
Opportunity: GNFC and Gap-up Turnaround
Covered on March 10 2016: GNFC (Point 22)
Pattern: Gap-up Turnaround
Rationale: When a stock makes a gap-up opening above 100 dma and then pulls back to test 100 dma as support, then double dip at support becomes a strong buying opportunity.
Here's how GNFC pattern worked out in text book style
Do all patterns work like as mentioned in text book? Absolutely not. There are many factors at play primarily the overall market environment. The objective of my website is to put forward many Live case studies before you so that you can learn how these patterns work and why sometimes they fail too. The whole idea is to illustrate and make you understand the whole logic behind it. Here's all the Premium Case Studies.
If you find my work interesting - I will encourage you to buy the book and access Premium Case Studies. The idea is to demonstrate live how patterns unfold and work. They succeed, they fail but the whole process is real fun. I invite you to be part of it.
Price: INR 3500. Video Book + The access to all new chapters (Premium Case Studies) for next 6 months
Video Book developed by Deepak Singh (firstname.lastname@example.org)
Disclaimer – The state of the market notes is Deepak’s perspective on the market. The column is purely for educational purpose. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers