#HDFCAMC - Will HDFCAMC Breakout this time? - TradingView -

Deepak Nitrate
Breakout

@Jitendra_stock @nishkumar1977

Galaxy Surfactants - On my radar for a potential breakout.

The thread explains my momentum scanner and how to build it in #TradePoint software.
@Definedge
Conditions :
1)EMA 8 above EMA 34 and rising
2)Candle close above previous 5 candle high
3) RSI above 60
4) Volume above previous 5 candles
5) ADX above 30
1/n

Select Double Moving Average 8 and 34
2/n

Under Patterns select Close Above Prev Bars
3/n

Qualify the candle close
4/n

RSI above 60
5/n

Simple Rule based Option selling in

#PIIND - Bullish view on PIIND - TradingView -

#MASTEK is setting up for an up move.

🎯Setting up good near Line of Least Resistance.
🎯Qty Earnings & Sales have been growing since last year.
🎯Healthy growth in annual EPS, Sales & Operating Profit.
🎯Low Debt to Equity.
🎯ROE: 24%
🎯Excellent CANLSIM ratings.

Tracking it!

#Silver

Long term monthly chart.

Is silver setting up for something huge?

Last time 5-wave move resulted in 10x (2002-2011), followed by 9 years correction.

#Janmashtami special . Remedy for happy and health child. Can be done for well being of the child too.
Ps: Fate and ishta kripa is very important. Do it with faith and accept your bhagya .
#ASTRO
Rt for maximum reach

Pls Share Your Best StocK Screeners
So that Everyone Can Benefit 🙏💕🌹

Global Animal pharma market($ 50.89 billion) is expected to grow much faster than human pharma. CAGR 8.8% in 7 to 8 years

API account for 20% market

Innovators are going Asset light
It's a huge opportunity for the first mover in CDMO (Hikal)

And in formulation & API(sequent)

Navin Fluorine - Two base formations with no further selling. A volume pump after three squeezed candles with minimal volumes. Bullish setup after 3900++ closing.

$GOLD @ 1816 expected to bounce till 1925-1995 zone next.

#BHEL - Bhel Long setup. Can go above 70 - TradingView -

Common price action trading mistakes that cost me lakhs of rupees:

A thread 🧵

1. Front running the market based on my analysis:

Any analysis we do should be proved by market as correct before we jump into a trade.

How?

(1/n)

Example:

Mr. X marked 1500 as a strong support in HDFC Bank. Next day, stock opened at 1510, came down and hit 1500.

ABC went long in the stock. A few minutes later, stop got triggered. What went wrong here?

(2/n)

1500 is support for HDFC bank as per Mr. X but he did not wait to check if market validated his opinion.

At supports and resistances marked by a trader (you), wait for market to show the stock is actually taking support/resistance at those levels.

(3/n)

For your analysis to be correct, market buying>selling at support, market selling>buying at resistance.

Essentially, on a lower TF, check for bullish price action at support, bearish price action at resistance before you enter the trade.

(4/n)

Remember that no support is too low to be broken and no resistance is too high to be broken.

(5/n)

#PRAJIND - Praj 560+ - TradingView -

It's the weekend!

Grab a cup of coffee, in this thread I will explain

1. What are Valuation Ratios?
2. What ratio should be used when?
3. Why one standard ratio like a PE doesn't work all the time?

Lets dive right in.

Valuation Ratios are a subset of ratios within the broader family of Ratio Analysis.

It is in this segment of Ratio Analysis, that you will find ratios like Price to Earnings, Price to Book, Price to Cash Flow, Price to Sales and many more.

Together these ratios help an investor understand if a company is valued cheap or expensive.

A novice investor tends to use Price to Earnings (PE) for everything - yet it is only one of the many ratios that should be used to judge the current valuation of a company.