QUANT SYSTEM TRADE UPDATE - 21.11.21
- Capt D. Ganesh Raja
- Nov 21, 2021
- 2 min read
From the desk of Capt.D.Ganesh Raja
Dear Friends,
I just returned home from a training assignment on ship and will again be joining in a few days. There was indication for the rally to continue till 18350 levels when I last posted my blog on 13.11.21 but system has given a exit in Nifty on 16.11.21 at 17999.20. I was out at sea and did not have access to internet to update in time
I will try to update again before I leave, but just thought of posting this urgently. For now, system exit has been triggered in all the recommended stock. Refer to Trade recommendation sheet for details.
GOLD: System gave a buy signal in Gold on 22.10.21, at 47,797.0, with a stop loss at 47120.0. Continue to hold gold.
Target1 – 50685.0, Target 2 – 54541.0, Leverage 0.30x.
Minimum profit potential – 6%. Asset allocation profit potential – 1.8%.
Minor trend: Up, Intermediate trend – Up, Long term trend – Neutral with upward bias.
Note for reading this report:
Note1: The stop losses are on end of day basis
Note2: When trade recommendation is given around a certain price, it means that the trade may be taken the next trading day or if a price zone is given for taking a trade then trade has to be taken on the day price reaches within that zone.
Note3: A separate excel sheet is attached to view the performance of the recommendations, which also reduces the task of individually reporting the performance of each trade recommendation. Viewing the excel sheet “TRADE RECOMMENDATION LOG” will be self-explanatory. Also in this sheet Trade recommendations which are still active are marked.
When signals are triggered mid-week, that is updated in log sheet and covered in the weekend report, due to paucity of time.
EXISTING TRADE RECOMMENDATION OVERVIEW
Refer to “TRADE RECOMMENDATION LOG”
NEW TRADE RECOMMENDATION
NONE
TOTAL LEVERAGE OF ABOVE NEW TRADE RECOMMENDATIONS: NA
COMBINED PROFIT POTENTIAL FOR ABOVE TRADES: NA
TIME WINDOW OF TRADES: NA
TOTAL LEVERAGE INCLUDING UNCLOSED POSITIONS AS PER PREVIOUS RECOMMENDATION: 0.30X
RETURNS TILL DATE SINCE 04.07.20 : 58.26% (AS OF THURSDAY 18.11.21 CLOSING, WHICH WAS THE LAST TRADING DAY)
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