Credit where it is deserved.

How beautifully @ST_PYI explains in this video the concept of Relative strength & how simple things work in the market.

Looking for stocks making new high amidst this market correction

HDFC AMC - what Nicolas Darvas discussed at length about his box theory.

Rashtriya Chemicals & Fertilizers RCF -

a chart that caught my attention immediately. My favorite horizontal range with volume contraction. Will wait for breakout/breakdown in this. Lots of big green candles in the range. On radar.

Surprisingly, this week many banking stocks bounced back from their key supports.

Bank of Baroda

Just one basic filter will save a lot of your money. If the price falls below 200 days MA and it is sloping down - avoid any buys till the MA flattens up & the stock forms a higher low or just wait for initial move to prove itself & buy when MA starts sloping up

Lupin

There is a supertrend indicator in zerodha. For swing go with 60 min chart. Check with different numbers in period and multiplier section.
Check success rate of buy and sell signal generated by system. Apply number according to decide buy and sell for swing trade.

Few paid service provider are using only this signal to give clients buy and sell trade.
Do with your own. Don’t pay them.

This is the reason I just follow my RS for #peacefultrading

#indianhotel
#PowerofRS

This is the Ideal Place to Start Buying after the Market decline

Let the Stage1 form and then buy with patience when it moves to Stage2

Cash is a position 👌

Buy the Dip is not required to get Rich

#VVVLearning

Going To Post One Example For Breakout Trade Which I Said to Share Few Days Back

I Am Not Saying You Will Find Setup Like This daily But Whenever You Will Find It Will Definitely Give You Best Reward

So If You Find This Useful Kindly Share And Retweet For Learning 🙏🙏🙏

Setup Used :

🔶Exponential Moving Average( 21 )
🔶Standard Pivot Points
🔶Volume Chart
🔶Manual S&R and OR

One Can Easily Find Trade Based On This Setup And Can Easily Earn Good Money In Cash Trading

Lets Learn How To Use It IN Live Market

1.) IBUL Opened Gap up ( Above PDH )
2.) Marked OR H&L And Saw That OR High
& R2 is Nearby Hence We Will buy Above OR High
3.) Once OR High Broken Entry HAs Been Triggered With SL As Given In Chart
4.) Once OR High Crossed Movement Was Too Fast And Stock Crossed R3.

continue...

5.) So IF You Want To Add More Quantity You Can Add And Scale Up Position So That We Can Maximize Our Profits
6.) Now Keep Trailing Your SL Once you Get 1:2 RR Book Your Position Or Keep Your SL At Cost
7.) If You Want To Ride Complete Trend Then Keep Trailing Your SL As 21 EMA

8.) Once 21 EMA is Broken Completely Exit From Position

As You Can See In Below Picture That Once 21 EMA is Broken Trend Completely Changed Hence Follow Rules Strictly Because We will Follow Trend