#AsianPaints while 3235 is a good weekly support, price can still see 3180. The rising channel is intact this 3180 is not broken at weekly

When good results get hammered,don't miss to buy the dip!

#srf good result got hammered during Q1 results and then see it's journey
Headed from 1530 to 2550

Now compare it with #bajfinance

#BajajFinance
Same instance
Good result got hammered
Let's see where it's headed

I am bullish on it

Do comment your views

#PRAJIND (W)
- Retested Breakout & Bounced
- Massive Volume Buildup
- Trading All Time high
- Strong bullish momentum
- Buy above 430
- Stoploss 385 (clbs)
- Targets 455/490/530/580+
- TF ≈ 3-4 months
#Investing

#BAJFINANCE

Again heading for a 15-18 weeks Cup and Handle?

This is the real Shark in the Sea guys...

#ULTRACEMCO futures on short term charts

* bear trap and later high-pole negation
* PMOX oversold

#INFY futures on daily charts (0.25%) box size
- new highs
@pradytrader1 #FundManager call 😀
#smallminters

Ascending Triangle breakout in #TATACONSUM after it took support near 61.8% pull back of last rise, RSI is supportive, if sustains above 756, can move towards 817 as indicated

Not a trading call, academic post

Ok. Let me take you to one method of adding stocks in a healthy uptrend while they are retracing. I learnt this from the classical work of David Landry (2003)

Conditions - Healthy uptrend and retracing.

But - you don't know how deep the retracement will be.

So, what to do?

Example - Minda Corp Chart

Healthy uptrend? Yes
Retracement? Yes

With every retracement candle, we move our buy limit order at candle's high. So the first order we placed at 1. In a way, we are telling the broker to buy when the price crosses 1.

Ok. So it has gone down further the next day, we shift the buy order at 2.

Then again at 3

Then at 4.

We do it it'll it is triggered and shares are bought. In this way, we dodge Fibonacci numbers. As by drawing 38% of 61.8% we couldn't ever know till how deep the stock goes.

You can use the same with your SIP stocks for long-term investment while buying at the dips. As you never know till how deep it dips. :) So, you will have cash always till you buy near the bottom. Of course of retracement, not the trend reversal.

A healthy uptrend is the first condition. Happy investing :)

That is why you must learn about what each legend has written. You can save a lot of your hard-earned money. Place a SL little above candle's high.

@indraziths Breakout concept that you explained in book is very exordinary and marvelous. And your skills is unstoppable. Thanks for supporting us to learn more subject as well as knowledge. @indraziths

#GlobusSpr

Out from 3 month consolidation

Looking a Cup on weekly chart

#DailyByte today walks through some of the multibagger of the past few years and draws lessons from it
https://t.co/L8xs7RifL5
6PM

An 8 Step Checklist Before Entering Any Trade:

A thread(🧵)... (1/18)

1. If the market is in a trading range or trending: Traders must know that if this happens, there's a higher probability of right #trades. Always remember, the trend is your best friend (2/18)

#Traders must also ask if the prices are in a strong trend and if they want to continue to move along with this trend. (3/18)

At times, Traders also choose to trade within a range. The #stocks keep on bouncing between the #Support and #Resistance. Using indicators like #RSI, CCI or Stochastics help here! (4/18)

2. Are there support/resistance levels nearby: Stocks tend to respect these levels and traders must identify both the support & the resistance.
A trader should not enter a #long position, for example, when the resistance is nearby. (5/18)

Some company's concalls are addictive. You go through one n learn so much about industry that u keep going. Name some of such companies. Let me start - Heritage concalls on Dairy Industry

Your list?
If it's better than 10 year multi bagger stock list, then, like n forward 😄

The famous CANSLIM approach by Willion O Neil 🔺🔺

Buying a stock which has these 7 characteristics for the Big money move. Read what it stand for in below pic ⬇️

"Catch the Trend NOT the Bottom" 🏆

RT for max reach..
🔔🔔

#PrajIndustries
#Daily

On #Watchlist!!!
(Invalidation Level : Rs. 367/-)

(Discl: #Not a Trading Advise)

#AdaniPorts

Nice symmetrical triangle formation, typical of Wave 4.

We should see a good BO soon.

Target 1100+.

Very good investor meet:-