I have done that for many including Dixon, Lauras, Deepak nitrite, Tata Elxsi, Tanla & many more. It is time for you to look for common characteristics among the winners. It would be a great learning experience.

@nishkumar1977 ✅✅💯

Praj Industries - keep on the radar. Price is telling something. Smart money most probably pushing out. Strict SL needed. Volatility contracted.

How beautifully the 200 MA and the price have converged in Dr. Reddy's Lab chart.

Watch out for any key BO in this one as it will be the first BO above 200 MA.

This is in response to the question by @unseenvalue

If I had to buy 1 stock today, anywhere in the world, no avg. up or down, 5 year holding period (I will make that as 10 year for thesis to play out)

Since I track mainly Indian equities, restricting the choice to this space

Few points to look for
1. Strong macro tailwind rather than headwind, huge growth runway for company/segment. It can't be in a niche space & demand must not be easily substitutable
2. Strong Biz Model, high growth curve (15%+ over the period), strong ROE profile (hurdle rate 20%)

3. Low or no leverage, efficient capital allocation, (read minimal or zero fresh dilution requirements), strong cash flows and correspondingly high dividend payout ratios (consistent dividend history) and finally strong moat and with limited regulatory involvement / no reg issues

4. Promoter quality and intention must be beyond reproach, proven management with skin in the game
5. Capability to manage disruption, and if possible to even profit from it. If you can't be disrupted easily, you will eventually adapt your game to gain scale

6. There must be a possibility of non-linear growth if the scale-up hypothesis gets proven right. It's like an FD with low fixed return plus significant upside optionality. Multiple revenue streams / margin levers / IP that can provide non linearity in growth

Now you can have a look of my all screeners at one place

No need to run all screeners separately

Save this link

All screeners complied and visible under one roof

Download Stocks in list in excel too

Keep learning
Keep

A durable market bottom will be formed at:
Peak Interest rates
Peak US Dollar
Peak Inflation.
Sentiment has to move to expectations of poor economic outlook, falling inflation and imminent rate cuts by central banks to support the economy .
Still some way off.

Inside Bar (IB) is an effective trading strategy where a range is formed & we trade on a Breakout/Breakdown.

What is IB?

Textbook definition of IB:
When the current bar is trading inside the previous candle's high and low (range)

Here's a live example from the Tata Steel Chart where you can see multiple IB forming on 15 minutes chart.

I've marked 2 IBs in the circle where we can find the mother candle & the inside bar candle.

So how do we trade this?

If the overall trend is bullish, then you should be looking at high on the mother candle. When the mother candle's high is broken, you can place your SL at:
1. Low of the mother candle, or
2. Low of the Inside Bar candle.

Both the eg are in charts:

And Vice Versa for the Bearish bias.

If the overall trend is bearish, then you should be looking at low on the mother candle. When the mother candle's low is broken, you can place your SL at:
1. High of the mother candle, or
2. High of the Inside Bar candle.

I prefer keeping the high or low of the inside bar candle as my SL.

Remember there are 100s of ways to trade this, ultimately your position sizing & risk management will come into play.

Position sizing can be calculated using the SL, and risk can be managed.