QUANT SYSTEM TRADE UPDATE - 29.06.23

From the desk of Capt.D.Ganesh Raja

DISCLAIMER

Please be informed that the author of this blog by Capt Ganesh Raja Dhanuskodi (Hereinafter called Capt Ganesh) is not a SEBI registered Research Analyst or Financial Advisor. Capt Ganesh writes this blog to express his views based of more than two decades of experience in capital markets and based on the Quant system which he has invented and he does not do this for “consideration” as per SEBI regulations, which means he does not receive economic benefit through it. Readers of this blog must seek advice from registered Investment Advisors / Research Analysts before taking any trading or investment decisions.

Capt Ganesh has been investing and trading actively since 2001, building trading models since 2013 and has invented an AI based intraday trading system, which has a pending patent approval.

Dear Friends,

The long recommendation given on 30.05.23 in USD-INR currency pair has given a system exit as of yesterday, 28.06.23 closing. This post was just for updating that.

NEW RECOMMENDATION

TATA COMMUNICATIONS: LAST CLOSE – 1582.75. It is recommended to go long at these levels with stop loss at 1475.0.

Target 1 – 1632.0 , Target 2 – 1711.0, Leverage – 0.20x.

Minimum profit potential – 3.1% , Asset allocation profit potential – 0.6%.

Minor trend : Up , Intermediate trend : Up, , Long term trend : Up.

TRADE RECOMMENDATION SHEET has been updated accordingly.

Thanks & best regards