Amit_Ghosh

[Basket] BBTC Bullish Flag Pattern -GoAir IPO Bet

看多
Amit_Ghosh 已更新   
NSE:BBTC   BOMBAY BURMAH
Now, the point is Britannia's dividend or capital gains are used on other cash strapped business like aviation (read goair)

I was wrong. I was thinking GoAir will benefit Britannia the most and then the other companies like Bombay Dyeing

The company that gets highest benefit is BBTC.

BBTC trades at a whooping discount of 80% and infact still trading.

Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
=======
I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want.
=======
I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
=======
Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
=======
評論:
BBTC holds 50.6% of Britannia.

It holds shares of GoAir. So, You can get GoAir share percentage at 80% discount almost pre-IPO

It holds 40% of Bombay Dyeing
評論:
No Stop Loss because Its investment purpose. So check your allocation accordingly.

Get trades instantly and discuss them with me at my Slack Channel @ unofficed.com/chat/

Our community is full with traders who actually trade!

Telegram: t.me/unofficed
免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。