Apar or any stock
Entry Point Technique
Put on MACD indicator . Open the daily chart. If MACD is pretty extended and is turning towards sell -it is time to wait for entry …let it complete the full cycle - and give a buy signal ie blue line crossing the orannge lien from below.
Many a times , stocks complete the whole cycle i.e. the blue/red curves go bleow the zero line and turn up but in many cases ,one can get the buy signal much before that ie ble/red curves don’t touch or go below the zero line.It depends upon the strength in the stock or underlying market.
But be careful , in extreme bull markets , many stocks can keep rising and one can miss the significant upmove while waiting for the cycle to complete.
| Subscribe To Our Free Newsletter |
