The other way to look at this is that..The stock went below 21 month EA in 2008 & 2020 crash
Something is happening really too bad and worst is yet to come for entire market !!
HDFC bank Monthly Chart :
— EquiAlpha -MidTerm Momentum\U0001f40e\U0001f40e (@equialpha) March 7, 2022
In last 20 years - Only 2 times the stock has gone below 21 month EMA as market. This seems the third time (Monthly close will confirm )
Don't know but something seems off !!
Lets check again on month end pic.twitter.com/9eeVfikdnU
More from EquiAlpha -MidTerm Momentum🐎🐎
Fantastic learning - Applying the below mentioned thing to Index too
This knowledge can change your PnL by huge as you know when to enter big & when to be careful & start booking profit
If we see last 4 bull run all went on avg 14 month after the Breakout (1/2) https://t.co/bsILTbAAwx
Don't know how many will get this as this is advance thing to get..Knowing this sets you objective before hand. Example if you are already in 11 th month of bull run you know you have to trail the trend a bit tight & if month 3 you know loads of money are waiting
Amazing
This knowledge can change your PnL by huge as you know when to enter big & when to be careful & start booking profit
If we see last 4 bull run all went on avg 14 month after the Breakout (1/2) https://t.co/bsILTbAAwx
A backtesting of trends on monthly says - Good trends last 10-12 months on average after that they retest 20 EMA on monthly and sets up larger base
— EquiAlpha -MidTerm Momentum\U0001f40e\U0001f40e (@equialpha) June 8, 2022
You can use this to measure trends.. 3 examples for reference
1) FSl
2) Deepak NItrite
3) Balaji amines
4) Indiamart
(1/2) pic.twitter.com/FxUZmjPGNL
Don't know how many will get this as this is advance thing to get..Knowing this sets you objective before hand. Example if you are already in 11 th month of bull run you know you have to trail the trend a bit tight & if month 3 you know loads of money are waiting
Amazing
This is why I bought Zota Healthcare📜
> Super high buying pressure already up 140% in last 8 weeks + Volume activity
Funda - Co is in super speed opening DavaIndia generic medicine stores in south India
Details in chart below👇
Up 10% today 🚀
RT if you like the analysis ⚡️ https://t.co/hK0ZBLE6Bz
> Super high buying pressure already up 140% in last 8 weeks + Volume activity
Funda - Co is in super speed opening DavaIndia generic medicine stores in south India
Details in chart below👇
Up 10% today 🚀
RT if you like the analysis ⚡️ https://t.co/hK0ZBLE6Bz
Only zota healthcare \U0001f680\U0001f680\U0001f680\U0001f40e
— EquiAlpha -MidTerm Momentum\U0001f40e\U0001f40e (@equialpha) August 31, 2021
Masterstroke \U0001f4a5\U0001f4a5\U0001f4a5 pic.twitter.com/hnH22mtUJN