QUANT SYSTEM TRIGGER 09.08.23

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,

Quant system has triggered signals in following stocks:

1. UPL: Live price –611.10. System has triggered a sell at this price with stop loss at 640.0.

Target 1 – 534.0 , Target 2 –455.0, Leverage – 0.10x.

Minimum profit potential – 12.6% , Asset allocation profit potential – 1.26%.

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

2. KOTAK MAHINDRA BANK: Live price – 1824.35. System has triggered a sell at this price with stop loss at 1918.0.

Target 1 – 1740.0 , Target 2 – 1692.0, Leverage – 0.10x.

Minimum profit potential –4.60% , Asset allocation profit potential – 0.46%.

Minor trend : Down , Intermediate trend : Neutral with downward tendencies , Long term trend : Neutral.

MOCK PORTFOLIO WOULD BE UPDATED ACCORDINGLY.