โซSupport is an area for price , where it halts due to demand of the stock at that price .
โฌResistance is an area for price ,where it halts due to Supply of the stock at that price .
1/n
How to Draw
Support , Resistance and Trendlines ?
A Foundation of Stock Market !
A Thread ๐งต
Retweet and Share :)
โซSupport is an area for price , where it halts due to demand of the stock at that price .
โฌResistance is an area for price ,where it halts due to Supply of the stock at that price .
1/n
You can use Any time frame for Drawing S/R and it works on all time frames .
Whenever the Price Reverses from an area for more than 2 times that area can be called as S/R .
You can use Line Tool Or Rectangle tool to plot this on charts .
2/n
1. Horizontal
2. Moving Averages
3. Trendline
4. Psychological Numbers (100 , 200 etc)
3/n
Whenever Resistance Breaks , it tends to act as support and Whenever support breaks it tends to act as resistance
4/n
โ Whenever Resistance Breaks , it is know as BREAKOUT.
โ Whenever Support Breaks , it is know as BREAKDOWN.
๐One should check all other parameters like , Volume , relative Strength etc while trading these.
5/n
Sometimes the Support Will also break and , Resistance will not Act support .
These Scenarios cant be avoided by anyone :)
6/n
Confused between connecting wicks or bodies while drawing a trendline ?
Our main aim to draw trendline is to get maximum points of price on a line .
It can be through wicks tails or body and there is no fixed rule !
7/n
1. Trending stock Tends to pullback near Moving averages and trendlines .
2. This could be areas of fresh buying or you can shift your Stop loss to upside
3. As soon as trendline is broken then you can sell a stock and take reverse position
8/n
1. You can Buy breakouts of trendline in a downtrend
once the trend is changed with emergence of HH HL structure
2. You can initiate long postion with Stop at previous swing low
3. Sometimes you may find retest on trendline also
9/n
Simple Strategy of Buy Low Sell High works best combined with other buying rules
10/n : End
https://t.co/eK0TZF4khM
11/n
I have designed many beginner to advanced
— JayneshKasliwal (@JayneshKasliwal) September 24, 2022
Option Strategies free of cost
Here is a thread of all \U0001f9f5
A Retweet would help :)
https://t.co/iFddJnbfus
12/n
There are many Trading Strategies but it takes only few to make money .
— JayneshKasliwal (@JayneshKasliwal) August 20, 2022
Here is a thread of all my Strategies \U0001f9f5
for Exclusive Content and Stock Recomm
13/n
More from JayneshKasliwal
๐ฑ ๐ง๐ฟ๐ฎ๐ฑ๐ถ๐ป๐ด๐๐ถ๐ฒ๐ ๐๐ป๐ฑ๐ถ๐ฐ๐ฎ๐๐ผ๐ฟ๐ ๐ฎ๐น๐น ๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐ฟ๐ ๐๐ต๐ผ๐๐น๐ฑ ๐ธ๐ป๐ผ๐ ๐ฎ๐ฏ๐ผ๐๐:
๐ฃ๐ฎ๐ฟ๐ ๐ฎ
๐งต Thread ๐งต
Retweet And I will Link a 36 Page PDF
๐ญ. ๐๐ฑ๐ฑ ๐๐๐ป๐ฑ๐ฎ๐บ๐ฒ๐ป๐๐ฎ๐น๐ ๐ผ๐ป ๐ฐ๐ต๐ฎ๐ฟ๐
๐ธ Link:
https://t.co/zG165Xa3JB
๐ธ Click on the above link -> Add to Favourites -> Add on Chart from favourites and start using it !
2/20
You can add financials from many fundamental criteria's like
๐ธ Cashflows
๐ธ Income Statements
๐ธ Balance sheets
๐ธ PE,PB ratios
๐ธ Marketcapitlization
๐ธ Statistics
3/20
How to change Settings:
๐ธ There are 8 columns you can basically select any financial you want
๐ธ You can select quarterly or Yearly values and can also write
๐ธ The names of the financiaLS Example : EPS Qtr3
๐ธ You can Change colours , font size
4/20
๐ฎ. ๐๐ป๐ฑ๐ถ๐ฐ๐ฎ๐๐ผ๐ฟ ๐ฅ๐ฎ๐๐ถ๐ป๐ด๐
You cannot track each and every indicator like ( ๐ ๐ผ๐๐ถ๐ป๐ด ๐๐๐ด๐ , ๐ฅ๐ฆ๐ , ๐ ๐๐๐ ) etc , you can use plot this custom strategy to understand whether the trend is positive or negative of those indicators
5/20
๐ฃ๐ฎ๐ฟ๐ ๐ฎ
๐งต Thread ๐งต
Retweet And I will Link a 36 Page PDF
๐ญ. ๐๐ฑ๐ฑ ๐๐๐ป๐ฑ๐ฎ๐บ๐ฒ๐ป๐๐ฎ๐น๐ ๐ผ๐ป ๐ฐ๐ต๐ฎ๐ฟ๐
๐ธ Link:
https://t.co/zG165Xa3JB
๐ธ Click on the above link -> Add to Favourites -> Add on Chart from favourites and start using it !
2/20
You can add financials from many fundamental criteria's like
๐ธ Cashflows
๐ธ Income Statements
๐ธ Balance sheets
๐ธ PE,PB ratios
๐ธ Marketcapitlization
๐ธ Statistics
3/20
How to change Settings:
๐ธ There are 8 columns you can basically select any financial you want
๐ธ You can select quarterly or Yearly values and can also write
๐ธ The names of the financiaLS Example : EPS Qtr3
๐ธ You can Change colours , font size
4/20
๐ฎ. ๐๐ป๐ฑ๐ถ๐ฐ๐ฎ๐๐ผ๐ฟ ๐ฅ๐ฎ๐๐ถ๐ป๐ด๐
You cannot track each and every indicator like ( ๐ ๐ผ๐๐ถ๐ป๐ด ๐๐๐ด๐ , ๐ฅ๐ฆ๐ , ๐ ๐๐๐ ) etc , you can use plot this custom strategy to understand whether the trend is positive or negative of those indicators
5/20
More from Catagory trading
Twitter has more than 89,000,000 threads on trading strategies.
Here are top 10 threads that will teach you about Stock Market:
1โฃHow To Read a Stock Chart For Beginners by @RichardMoglen
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2โฃThe simple 8-step process to make a trading plan by @AdityaTodmal
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2โฃHow to find out high and lows of stock market by
Here are top 10 threads that will teach you about Stock Market:
1โฃHow To Read a Stock Chart For Beginners by @RichardMoglen
๐
As Traders, Technical Analysis allows us to Judge Potential, Identify Accumulation, and Manage Risk.
— Richard Moglen \U0001f981 (@RichardMoglen) April 2, 2022
It allows us to see through the noise and interpret price action.
Here is How To Read a Stock Chart For Beginners (Thread)
2โฃThe simple 8-step process to make a trading plan by @AdityaTodmal
The best traders have a trading plan.
— Aditya Todmal (@AdityaTodmal) February 13, 2022
But 98.8% of the new traders, don't know how to make one.
I analyzed @niki_poojary's account, to learn how we can create a plan on our own.
Here's the simple 8-step process:\U0001f9f5
3โฃThread on Darvas Box Theory
Strategy to make higher returns in Short duration :-
— Flamingo Trader |Ankit Saraswat (@FlamingoTrader_) February 21, 2022
Thread on Darvas Box Theory:-
\U0001f9f5@FlamingoTrader_
2โฃHow to find out high and lows of stock market by
Telling my 8 years of experience in 5 min. A thread on how to find out high and lows of stock market.
— W D Gann Trader (@Bjybnf) August 5, 2022
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THREAD PART 1.
On Sunday 21st June, 14 year old Noah Donohoe left his home to meet his friends at Cave Hill Belfast to study for school. #RememberMyNoah๐
He was on his black Apollo mountain bike, fully dressed, wearing a helmet and carrying a backpack containing his laptop and 2 books with his name on them. He also had his mobile phone with him.
On the 27th of June. Noah's naked body was sadly discovered 950m inside a storm drain, between access points. This storm drain was accessible through an area completely unfamiliar to him, behind houses at Northwood Road. https://t.co/bpz3Rmc0wq
"Noah's body was found by specially trained police officers between two drain access points within a section of the tunnel running under the Translink access road," said Mr McCrisken."
Noah's bike was also found near a house, behind a car, in the same area. It had been there for more than 24 hours before a member of public who lived in the street said she read reports of a missing child and checked the bike and phoned the police.
On Sunday 21st June, 14 year old Noah Donohoe left his home to meet his friends at Cave Hill Belfast to study for school. #RememberMyNoah๐
He was on his black Apollo mountain bike, fully dressed, wearing a helmet and carrying a backpack containing his laptop and 2 books with his name on them. He also had his mobile phone with him.
On the 27th of June. Noah's naked body was sadly discovered 950m inside a storm drain, between access points. This storm drain was accessible through an area completely unfamiliar to him, behind houses at Northwood Road. https://t.co/bpz3Rmc0wq
"Noah's body was found by specially trained police officers between two drain access points within a section of the tunnel running under the Translink access road," said Mr McCrisken."
Noah's bike was also found near a house, behind a car, in the same area. It had been there for more than 24 hours before a member of public who lived in the street said she read reports of a missing child and checked the bike and phoned the police.
