𝗧𝗵𝗲 𝗖𝗵𝗮𝗿𝘁 𝗪𝗶𝘇𝗮𝗿𝗱

#KROSS Looks good on LTF as well but market environment 😐

#NIFTYSMLCAP250 Perfect! Good level for now. Hoping for a reversal. Let’s see how it goes.

Perfect! Market is slowly moving into the oversold zone. Good time to start looking for ETF reversal opportunities. Ideally, I would like to see another weak closing today, followed by a weak first half on Monday and a strong recovery in the second half. However, I don’t know whether this scenario will play out or not. So, anyone looking for reversal opportunities can consider adding ETFs in 2 parts instead of deploying the full at once.

#HDFCSML250 Avg Price: 164.69 Position Size: 100% Planned to increase the position size to 200%, but the funds are currently blocked in the Jio IPO. 😐

For reversal trades, the ideal scenario would be another weak closing today, followed by a weak first half tomorrow and a recovery in the second half, forming a kind of pin bar. Don’t want a recovery in the second half today. Let the weakness continue so we can get better reversal opportunities through ETFs tomorrow.

Back-to-back IPOs are lined up from 15th to 25th October. ✅ HD Fire: 710 Cr ✅ Fusion CX: 700 Cr ✅ Zetwerk Manufacturing: 5,000 Cr ✅ Tonbo Imaging: 850 Cr ✅ Bonfiglioli Transmission: 2,530 Cr ✅ Sahajanand Medical: 475 Cr ✅ Paras Healthcare: 1,450 Cr ✅ Jio Platforms: 30,100 Cr Most of these IPOs have strong GMPs and could absorb a substantial amount of market liquidity. With so much money flowing into IPOs, follow-through buying in the secondary market could remain limited over the next few weeks. Something to keep in mind while planning your trades.

#TEMPSENS: TSL hit at cost.

IPOs… IPOs… IPOs! No need to look elsewhere. That’s where the action is right now.

#STEAMHOUSE Booked fully at 129.5 Impact: 1%

#PCJEWELLER Booked 1/3 at 14.13

#PCJEWELLER Holding all.

#KANOHAR Attempted today at 864 with 850 SL. Closed at 848 due to minor slippage. Lost: 0.3%

Top priority was #AUGMONT, but it opened gap up by around 3% and within 1–2 minutes, it hit UC. So there was no opportunity to enter.

Till Mid- September, I was up around 4.5%. Over the last few sessions, I gave back almost 6–7% in open gains. It hurts, but that’s part of trading. After closing today’s position and taking a few small SL hits, I’m still positive for the month with around 1.5% impact. I lost around 2% across 2–3 trades mainly because my position sizing was bigger. I took that risk because I had a cushion. Otherwise, I would have gone with only 20% size.

#BLUESTONE solid expansion #BLEL also doing well Both were top-priority setups for today.

Added this at 1124 but closed at BE.

#KANOHAR Missed the morning entry, but caught the second entry.

Open positions: None Closed: #SYMBIOTEC: BE #EBGNG: BE #BLUESTONE: BE

Jo leke baithe hain woh chal nahi rahe, aur jo nahi le rahe woh rukne ka naam nahi le rahe 😭

#EBGNG TSL hit at 675 Net Impact: 1.5%