Pick the right momentum stocks using RMI and techno-funda ideas
The online workshop, to be streamed on ET Markets Livestream, on July 13 from 11 am to 2:30 pm will have Srivastava explore 'Rohit Momentum Indicator' (RMI), a proprietary tool that provides early signals to help traders pick the right stocks as momentum begins.
To help traders and investors pick the right momentum stocks, is hosting a live interactive session with Dalal Street veteran , who is the Founder of Indiacharts.com and Strike.money.The online workshop, to be streamed on , on July 13 from 11 am to 2:30 pm will have Srivastava explore 'Rohit Momentum Indicator' (), a proprietary tool that provides early signals to help traders pick the right stocks as momentum begins.
You can register for the event
Using the RMI tool, traders can generate signals for buying or selling stocks based on bullish or bearish momentum crossovers that occur above or below the zero line.
The expert will also explain to traders how to identify winning stock ideas with a better margin of safety and then combine the two tools of RMI and valuation parameters.
As value stocks can often turn out to be a trap, a combination of both RMI and valuation parameters can help market participants time their entry efficiently. The valuation setup parameter combines the RMI with PE and EV/EBITDA.
During the session, participants will also be taught about how to plan exits using the combination of RMI and valuation parameters so that traders can ride the trend with confidence and not exit every stock that looks overvalued.
Source: Stocks-Markets-Economic Times
