Thursday, January 9, 2014

EOD analysis of 30mins breakout experiment

The first day of our 30 mins breakout system gave overall 50:50 result. However, it was helpful in giving us trading bias for the day in most of the stocks. Here are the EOD prices of individual stocks. Please cross-check with the post given on 08-Jan morning w.r.t trading signal.

EOD prices of 08-Jan-14



















The following stocks HIT PROFIT TARGETS:
AXISBANK
BANKBARODA
CAIRN
IDFC
RCOM
TATAMOTORS
YESBANK

The following stocks FAILED:
HINDALCO (STOPLOSS HIT - LOSS RECOVERED)
MARUTI
SBIN
TATASTEEL

The following stocks were NEUTRAL (MARGINAL PROFIT/LOSS):
JSWSTEEL
JINDALSTEEL
MCDOWELL

Now our next milestone should be to optimize our entry price, targets & stoploss price. Starting today 09-Jan I will try to include that too. So watch out for this post at 9:55 am