Calls for the week (31st Dec)

• The strategy we will be implementing today is Supertrend
• Supertrend signs generate a purchase and promote sign primarily based totally on adjustments in the trend
• Buy and promote alerts adjustments as quickly because the indicator flips over the closing price
• Supertrend is a trending indicator and like all trending indicator its work well in trending market (uptrend/downtrend)

Supertrend  Positive Crossover

• Supertrend Positive crossover is a bullish cross
• This indicator can also be used on multiple timeframes. In this case, place on the higher timeframes and then move to the lower timeframes to use for entry and exit signals.
• Let’s look at an example in the chart below  (in FACT a daily time frame)

A buy signal is generated when the super trend falls below the price on the daily timeframe. let’s look at a few opportunities in the LIVE market

Supertrend  Negative Crossover

• Supertrend Negative crossover is a bearish cross
• Supertrend offers correct alerts at a particular time. Also, the indicator is to be had on diverse buying and selling structures freed from cost
• Let’s look at an example in the chart below  ( on TATACONSUM a daily time frame)

When the super trend closes above the price sell signal is generated e on the daily timeframe. let’s look at a few opportunities in the LIVE market

Awesome, but what’s my takeaway?

•  AWL, TATASTEEL, FACT, BANK OF BARODA  & NAYKA  have given a buy call on a daily time frame (implementing SuperTrend  Positive crossover )
• TATACONSUM, BANK OF BANDHAN BANK, ACC, MINDTREE & BIOCON  have given a sell call on a daily time frame (implementing Supertrend  Negative Crossover)