More from Nishant Kumar
More from Sail
Sail:
Views are for educational purpose.
Riding from levels of 47 (Refer old tweet, tagged)
Impulse wave cycle + subs, completed and now waves adjusted.
This major wave 5 will only unfold, once it gives a closing above 153 levels on a weekly basis.
Pic 1 is for investors https://t.co/d4xtiRI45j
Another condition (refer 2nd image) is formation of a pennant (giving a sneak peak for a BO, closing awaited).
This is for short term / positional players
OI data is skewed because of expiry & will be misleading currently.
DYOR for opportunities
Views are for educational purpose.
Riding from levels of 47 (Refer old tweet, tagged)
Impulse wave cycle + subs, completed and now waves adjusted.
This major wave 5 will only unfold, once it gives a closing above 153 levels on a weekly basis.
Pic 1 is for investors https://t.co/d4xtiRI45j
— Vipul Kankaria (@cobbervipul) May 1, 2021
Another condition (refer 2nd image) is formation of a pennant (giving a sneak peak for a BO, closing awaited).
This is for short term / positional players
OI data is skewed because of expiry & will be misleading currently.
DYOR for opportunities
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One of the most successful stock trader with special focus on cash stocks and who has a very creative mind to look out for opportunities in dark times
Covering one of the most unique set ups: Extended moves & Reversal plays
Time for a 🧵 to learn the above from @iManasArora
What qualifies for an extended move?
30-40% move in just 5-6 days is one example of extended move
How Manas used this info to book
Post that the plight of the
Example 2: Booking profits when the stock is extended from 10WMA
10WMA =
Another hack to identify extended move in a stock:
Too many green days!
Read
Covering one of the most unique set ups: Extended moves & Reversal plays
Time for a 🧵 to learn the above from @iManasArora
What qualifies for an extended move?
30-40% move in just 5-6 days is one example of extended move
How Manas used this info to book
The stock exploded & went up as much as 63% from my price.
— Manas Arora (@iManasArora) June 22, 2020
Closed my position entirely today!#BroTip pic.twitter.com/CRbQh3kvMM
Post that the plight of the
What an extended (away from averages) move looks like!!
— Manas Arora (@iManasArora) June 24, 2020
If you don't learn to sell into strength, be ready to give away the majority of your gains.#GLENMARK pic.twitter.com/5DsRTUaGO2
Example 2: Booking profits when the stock is extended from 10WMA
10WMA =
#HIKAL
— Manas Arora (@iManasArora) July 2, 2021
Closed remaining at 560
Reason: It is 40+% from 10wma. Super extended
Total revenue: 11R * 0.25 (size) = 2.75% on portfolio
Trade closed pic.twitter.com/YDDvhz8swT
Another hack to identify extended move in a stock:
Too many green days!
Read
When you see 15 green weeks in a row, that's the end of the move. *Extended*
— Manas Arora (@iManasArora) August 26, 2019
Simple price action analysis.#Seamecltd https://t.co/gR9xzgeb9K