QUANT SYSTEM TRADE RECOMMENDATION - 30.05.23

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,

I have been closely watching the USD-INR currency pair for past few weeks and today have a buy trigger, that is going long on the dollar as of today’s close at 82.73, leverage 0.5x, stop loss 80.99 , with a target of 83.31 and 84.55 .

A leading private bank meanwhile has put a report suggesting to go long on rupee stating reason that Dollar index is weakening. Its very interesting when such diametrically opposite view points are there and that’s the beauty of markets.

RETURNS TILL DATE SINCE 04.07.20 : 85.33% (AS OF TUESDAY 30.05.23 CLOSING)