The_Chartist 📈's Threads

I always have a bearish bias for the stocks consolidating below 200 MA - IGL https://t.co/xFdzbT8tqG

I posted this chart of IGL last month & waited for the trigger. It never got activated & fast forward it to today, the stock is almost down 25% from the previously shared levels. https://t.co/LYzRsOwyO4 pic.twitter.com/ChDx79HQAx
— The_Chartist \U0001f4c8 (@charts_zone) January 31, 2022

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@charts_zone

Can you observe now that it has made a fresh high?

Repeating - the max. move is in catching them before the BO. At the point where the maximum selling is absorbed. This is called the pivot point. The least risk entry point. The best R:R you get @ pivot

India Glycols https://t.co/ntimbgEoQr

India Glycols - a flat line breakout. Need a good volume confirmation here. pic.twitter.com/gbeloUQjAC
— The_Chartist \U0001f4c8 (@charts_zone) March 28, 2022

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@charts_zone

Immediately post the market hours:

~ 2-3 hours to scan the charts

1 hr before the market opening:

~ re-visiting the existing holdings
~ revising the SL
~ prioritizing the watchlist in terms of the most promising setups
~ setting the alerts

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@charts_zone

I look for bullish candle formations right near the support for validation of the boundaries.

EI Hotel. Also a triangle breakout within the formation, the target of which culminates in the channel's upper boundary

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@charts_zone

Didn't trigger and the pattern failed. Didn't break out.

Adani Green

Need to look for if 2650 holds up https://t.co/hjdJagcqAW

Will be looking for pennant continuation move post 3050 in the case of Adani Green.

No trigger yet. The chart is still strong pic.twitter.com/49lscC3LZY
— The_Chartist \U0001f4c8 (@charts_zone) May 3, 2022

Authors The_Chartist 📈