https://t.co/MGKzygn1YW
So friends here is the thread on the recommended pathway for new entrants in the stock market.
Here I will share what I believe are essentials for anybody who is interested in stock markets and the resources to learn them, its from my experience and by no means exhaustive..
https://t.co/MGKzygn1YW
https://t.co/72M2DCPJHZ
https://t.co/uqJRvfkxb5
Old is Gold....
— Professor (@DillikiBiili) January 23, 2020
this Bharti Airtel chart is a true copy of the Wyckoff Pattern propounded in 1931....... pic.twitter.com/tQ1PNebq7d
First concepts to be learned are finding support and resistance on charts or price levels.
https://t.co/Q5njGt26zv
For breakouts, they are very very important !
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https://t.co/0qUaenJmAF
https://t.co/rWVkIEAphx
Here are most important ones.
https://t.co/KIITvSWsj0
This is his workbook on Technical Analysis https://t.co/2GrnycldWf
No need to buy expensive books on Technical Analysis.
Trend indicators : For direction and strength
Momentum indicators : For the speed of price movement
Volatility Indicators : For measuring fluctuations
Volume Indicators : For measuring strength of trend based on volume traded
Thanks @bbands for this excellent tool.
https://t.co/W0UatdqXRw
An indicator cheat sheet is here
So once a person sees this light, he shifts to another gear increasingly trades on price Action, only occasionally taking support of indicators.
https://t.co/TSZXAMe196
Caution : These are only for advance readers.
Accumulation, Distribution and Breakouts are regular feature in markets. One or the other is always happening in some stocks.
In Roaring Bull markets, Breakouts increase as now a days we are seeing daily.
And the breakout may be in upside or downside both. If it happens after accumulation, it will be a bullish breakout and after distribution, it'll be bearish breakout.
I simple love breakouts.
https://t.co/2rCmYFK1Yr
More from Professor
Jab tak ki meri book nahi aati, ye kar lo:
1. Go through Zerodha Varsity chapters on Technical Analysis at least 2 times.
2. Then read 'Technical Analysis Explained' by Martin Pring
3. Finally read 'Price Action bar by bar' by Al Books (Not for casual reader).
1. Go through Zerodha Varsity chapters on Technical Analysis at least 2 times.
2. Then read 'Technical Analysis Explained' by Martin Pring
3. Finally read 'Price Action bar by bar' by Al Books (Not for casual reader).
Sir @DillikiBiili , could you please suggest a book for technical analysis ?
— Pawan Yadav (@pawan_yadav86) March 25, 2022
More from Screeners
Opposite is happening now. IHNS, double bottom, +ve RSI divergences, etc are failing badly for permanent reversal. Level up your SAR game to stay in the game on both sides.
#bearrun
#BearMarket
#bearrun
#BearMarket
Head & Shoulders pattern, double top and bearish RSI divergences fail more often in bull market and generally gives a very good SAR trade. Vice versa is also true for bear market.#bullrun #BullMarket
— Aakash Gangwar (@akashgngwr823) February 9, 2021