4. Risk: Reward is favourable in such setups
5. 50 ema can also act as support which can be kept as stoploss for swing trading
6. Volume should be less during pullbacks .
#nifty50 #stockmarket #CHARTS
#GapTheory - Do the Gaps get filled?
— Piyush Chaudhry (@piyushchaudhry) March 12, 2019
As per Thomas Bulkowski's 2005 study Odds for filling of the following Gaps -
Common Gaps: >70%
However,
Breakaway Gaps: <5%
Runaway Gaps: <20%
Exhaustion Gaps: >70%
Categorize the Gaps correctly and Look for Counter Signals.
Hope Everyone saw BANDHANBNK Numbers. I feel many such banks will go through a massive NPA Cycle followed by depleted Tier 1.
— Saket Reddy (@saketreddy) January 24, 2021
Hence, stay with the Top 3 banks :-
HDFCBANK
KOTAKBANK
CUB
They've low cost of funding, well provisioned Moratorium book, high ROEs & high Tier 1 CAR.