🧵 on major stocks with institution buying and strong price action.

List created by using combo scans of @mystockedge

My System for momentum trading🧵:

1. Stock Identification:

Daily and Weekly Delivery Analysis using @mystockedge
Theme Confirmation using Internet and Network

2. Stock Confirmation:

Relative Strength of a stock visavis market using RS55 model listed in @mystockedge

1/n

3. Stock Participation:

Only when chart showing short term breakout along with RS55>0 and RSI>50. I am ready to leave some initial movements.

4. Position buildup:

Every time the stock gives a breakout from the previous swing high add more position and go all-in.

2/n

5. Stock Exit:

I run two portfolios: Short term Swing and Long term Swing.

For Exit in Short term swings, I use a 2hourly Chart with super trend and RS. I am using @tradingview for the same.

For long term swing, I exit when the RS of the stock goes below 0. Period.

n/n

High ROE
Low PE
Increasing Institution holdings
Consistent sales growth

High Stocks with potential to go Higher.

Combination made using @mystockedge

Keep it Simple Baby

This beauty is giving further breakout. @mystockedge EdgeScore is 23. Reversed from demand zone. Immediate Target looks like 1750.

#CDSL

#PowerofRS
Entry or Exit
All Sorted

Trading using Relative Strength: https://t.co/HeZT7B0MOv

A thread (🧵)...

Relative Strength(RS) has emerged as one of the most sought-after indicators by Indian #traders. But, what makes it so special? 👇

In simple terms, Relative Strength refers to the measure of the price #trend of a #stock, compared to its Benchmark index/Sectoral Index👇

Indexes like #Nifty, #Sensex, or Sectors like #Banking, Automobiles, can be used. The data can be of a period of 55 days, for example, 👇

RS is calculated by dividing the percentage #price change of a stock over a specified period day by the percentage change of a #market index or sector over the same period👇

Stocks with an increase in promoter stake (q on q) and strong price action.

Combo created using @mystockedge

Why @mystockedge premium is a must have for all swing traders and retail investors ? I call it an ATM machine. But one should know how to get money out of it.

See this powerful thread for key features. If you find them useful don't forget to support us by subscribing.

Simple and effective scans for stock identifications. No fancy engine to keep you confused. I strongly believe simple things work the best in market.

Also combo scans with multiple scan combos can identify stocks like butter.

Investment themes for your potential long term investing journey.
30 plus effective ideas covering 100 stocks.
This makes your life simple, again.

Swing Strategies for regular market participants who want active stock ideas for their regular trading need.

Again simple.

Anytime updates about key business houses in India.

Our motto with StockEdge has always been to make YOU independent when it comes to stock analytics & research.

To help all #Traders & #investors, we have kept a huge part of our app free.

🧵Here's a thread on our FREE features that you must try to gain an edge over others!

Daily Updates

To be an active participant one needs to be real-time updated with all the key news, #Announcements & all kinds of bulk, block & insider deals happening on a daily basis.

Thereby, StockEdge brings all these crucial #Data points under this one section.

Scans

StockEdge comes with more than 100+ free scans. By clicking on any #stock.

Scans are complete "paisa vasool" for all the time you spent on StockEdge.

Using scans, you can determine the #trend, and then take trades accordingly.

Fundamental

To invest in a company, it’s vital for the investors to know about the fundamentals of the #company.

A quick synopsis, including profit & loss, cash flow, balance sheet, quarterly results, ratios, deliveries & holdings can be seen in 1 click for 9 years of data.

Mutual Fund Data

StockEdge provides its users a #MutualFund section which provides each and every data point required for researching and analyzing different schemes at ease with categorized and well-designed structures.