Books all Traders Should Definitely Read
1 . Secret of Profiting in Bull And Bear Market : Stan Weinstein
2. How to make Money in Stocks : William o Neil
3. Trade Like a Stock Market Wizard :
4. Think and Trade like a champion:
markminervini
Mention Your Favourites ๐
More from JayneshKasliwal
A Mega Thread๐งต
Concepts :
Relative Strength
Stage Analysis
Retweet and Comment If you want to attend a live session on the same !

We have Got around 86 Stocks that became 5X in 2 years
These Belonged to various sectors and Groups
Excel Link for List of Stocks
https://t.co/jESOUM32b5
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All stocks had few things in common :
Stocks doubled Before entering into Stage 2 Uptrend
52 week RS was positive in stage 2
90% stocks even gave all time high breakout after Stage 2
60 Stocks had market cap less than 1000 Cr
Examples : OLECTRA , PGEL
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So What is Relative Strength ?
Relative strength is a strategy used inย momentum investingย and in identifying value stocks.
It focuses on investing in stocks or other investments that have performed well relative to the market as a whole or to a relevantย benchmark.
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How to Apply ?
Type
โRelative Strengthโ
Choose any
By bharattrader
By traderlion
By Modhelius
I use by bharattrader
In setting use 52 period
Use Weekly Chart
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๐งต Thread ๐งต
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๐๐ต๐ฎ๐ฟ๐๐ถ๐ป๐ธ ๐ฆ๐ฐ๐ฟ๐ฒ๐ฒ๐ป๐ฒ๐ฟ is a Stock screening tool that is useful to screen stocks based on Technical & Fundamentals.
๐ธ It scans stocks by using technical indicators like RSI, MACD, divergences, etc.
๐ธ It also uses fundamental tools like Book Value, EPS,PE etc
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How To Create A Scan ?
Go to https://t.co/JJEJBg3Cd8 & click on ๐๐ณ๐ฆ๐ข๐ต๐ฆ ๐๐ค๐ข๐ฏ under ๐๐ค๐ณ๐ฆ๐ฆ๐ฏ๐ฆ๐ณ๐ด.
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๐๐ถ๐ฟ๐๐ ๐ฆ๐๐ฒ๐ฝ ๐ง๐ผ ๐๐ถ๐น๐๐ฒ๐ฟ ๐ฆ๐๐ผ๐ฐ๐ธ๐
We can select segments of stocks of our choice, e.g. cash or futures stocks, Nifty 100 etc.
Click on green โ+โ icon to add conditions.
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๐๐ฎ๐ป๐ฑ๐น๐ฒ ๐ง๐ถ๐บ๐ฒ๐ณ๐ฟ๐ฎ๐บ๐ฒ๐ & ๐๐ผ๐บ๐ฝ๐ฎ๐ฟ๐ถ๐๐ผ๐ป ๐ข๐ฝ๐ฒ๐ฟ๐ฎ๐๐ผ๐ฟ๐๐ธ We can select any timeframe of candles in Chartink, from minutes to years.
๐ธ And compare two candles using comparison operators like ๐๐ฒ๐ถ๐ข๐ญ ๐ต๐ฐ or ๐๐ณ๐ฆ๐ข๐ต๐ฆ๐ณ ๐๐ฉ๐ข๐ฏ , crossovers etc
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You May Also Like
Covering one of the most unique set ups: Extended moves & Reversal plays
Time for a ๐งต to learn the above from @iManasArora
What qualifies for an extended move?
30-40% move in just 5-6 days is one example of extended move
How Manas used this info to book
The stock exploded & went up as much as 63% from my price.
— Manas Arora (@iManasArora) June 22, 2020
Closed my position entirely today!#BroTip pic.twitter.com/CRbQh3kvMM
Post that the plight of the
What an extended (away from averages) move looks like!!
— Manas Arora (@iManasArora) June 24, 2020
If you don't learn to sell into strength, be ready to give away the majority of your gains.#GLENMARK pic.twitter.com/5DsRTUaGO2
Example 2: Booking profits when the stock is extended from 10WMA
10WMA =
#HIKAL
— Manas Arora (@iManasArora) July 2, 2021
Closed remaining at 560
Reason: It is 40+% from 10wma. Super extended
Total revenue: 11R * 0.25 (size) = 2.75% on portfolio
Trade closed pic.twitter.com/YDDvhz8swT
Another hack to identify extended move in a stock:
Too many green days!
Read
When you see 15 green weeks in a row, that's the end of the move. *Extended*
— Manas Arora (@iManasArora) August 26, 2019
Simple price action analysis.#Seamecltd https://t.co/gR9xzgeb9K
As a dean of a major academic institution, I could not have said this. But I will now. Requiring such statements in applications for appointments and promotions is an affront to academic freedom, and diminishes the true value of diversity, equity of inclusion by trivializing it. https://t.co/NfcI5VLODi
— Jeffrey Flier (@jflier) November 10, 2018
We know that elite institutions like the one Flier was in (partial) charge of rely on irrelevant status markers like private school education, whiteness, legacy, and ability to charm an old white guy at an interview.
Harvard's discriminatory policies are becoming increasingly well known, across the political spectrum (see, e.g., the recent lawsuit on discrimination against East Asian applications.)
It's refreshing to hear a senior administrator admits to personally opposing policies that attempt to remedy these basic flaws. These are flaws that harm his institution's ability to do cutting-edge research and to serve the public.
Harvard is being eclipsed by institutions that have different ideas about how to run a 21st Century institution. Stanford, for one; the UC system; the "public Ivys".