#BHEL futures freeze at 10% prompted me to look at daily chart on 1% box size - huge anchor column !!!

More from DTBhat
#BearishMomentumScanner
Conditions -
1) EMA 8 below ema 34 and falling
2) bar close below prev 5 bars
3) RSI below 30
4) volume above prev 5 bars
5) ADX above 30
6) +DMI below -DMI
All conditions should be true
Conditions -
1) EMA 8 below ema 34 and falling
2) bar close below prev 5 bars
3) RSI below 30
4) volume above prev 5 bars
5) ADX above 30
6) +DMI below -DMI
All conditions should be true
The thread explains my momentum scanner and how to build it in #TradePoint software. @Definedge
— DTBhat (@dtbhat) August 29, 2021
Conditions :
1)EMA 8 above EMA 34 and rising
2)Candle close above previous 5 candle high
3) RSI above 60
4) Volume above previous 5 candles
5) ADX above 30
1/n
#TATAPOWER futures on daily charts, finally breaks out of the tight range. Open counts are at 150 and 187. https://t.co/lPshkD3FeA

#TataPower on daily charts - a breakout above 126 will be very interesting. It is bullish on higher boxsizes and has given a reversal after a pullback on lower boxsize. Price charts and RS charts self-explanatory pic.twitter.com/9ulYjvBVza
— DTBhat (@dtbhat) July 12, 2021
More from Bhel
#Bhel - Falling from 79.55 now at 55
Chart wise labeling for 1,2,i,ii for now - counts invalid if falls further to 38. In that case will take a fresh look.
#Nifty #Elliotwave #Chart https://t.co/2mvKfAs3wA
Chart wise labeling for 1,2,i,ii for now - counts invalid if falls further to 38. In that case will take a fresh look.
#Nifty #Elliotwave #Chart https://t.co/2mvKfAs3wA

Holding 29, major wave 2 looks over. Will you believe if I say ATH will come? But let's go step my step - 80-130-200 \U0001f600#Bhel pic.twitter.com/3KPCYeDoDp
— Harsh Mehta (@_Harsh_Mehta_) February 4, 2021