I prepare a potential list From Bhav Copy OI Build up & OI Decrease data and watch them regularly.
More from Professor
How to select good Breakout Trades:
Breakouts in the direction of the general trend
The longer the market is in a range, the stronger the breakout
Stock making higher lows near resistance zone
(lower highs near support zone is a sign of weakness)
Breakouts in the direction of the general trend
The longer the market is in a range, the stronger the breakout
Stock making higher lows near resistance zone
(lower highs near support zone is a sign of weakness)
Some ofthe biggest breakouts occur after Volatility Contraction, the analogy is that more a spring is pressed, higher it jumps whenever it gets released.
— Professor (@DillikiBiili) October 2, 2021
There is a VCP Scanner on chartink (Not mine). This may also be used to find potential Breakouts. pic.twitter.com/y1lmay7D4e
Asian Paints took a bounce exactly from the level given on 21st October.
It has string resistance at 3200, so fresh up-move will be confirmed only when it opens above 3220-3230 levels
#ASIANPAINT
#DKBPositional https://t.co/Q6fTbK5VHM
It has string resistance at 3200, so fresh up-move will be confirmed only when it opens above 3220-3230 levels
#ASIANPAINT
#DKBPositional https://t.co/Q6fTbK5VHM
Asian Paints also at crucial support line, bulls desperately need a reversal here, else it'll go in hibernation..... pic.twitter.com/VTfaMfpHXs
— Professor (@DillikiBiili) October 21, 2021
More pointers to help in identifying whether its accumulation or Distribution.
Lest some charlie jumps to point out, let me make it clear that I haven't invented anything in stock market, all my knowledge of stock market comes from old farts. Just my observation is my own. https://t.co/uHNw8tV4AO
Lest some charlie jumps to point out, let me make it clear that I haven't invented anything in stock market, all my knowledge of stock market comes from old farts. Just my observation is my own. https://t.co/uHNw8tV4AO
Plz advice how to identify accumulation and distribution phase...... to me Both looks same
— VIVEK VAID (@bobvaid) February 12, 2022
More from All
Took me 5 years to get the best Chartink scanners for Stock Market, but you’ll get it in 5 mminutes here ⏰
Do Share the above tweet 👆
These are going to be very simple yet effective pure price action based scanners, no fancy indicators nothing - hope you liked it.
https://t.co/JU0MJIbpRV
52 Week High
One of the classic scanners very you will get strong stocks to Bet on.
https://t.co/V69th0jwBr
Hourly Breakout
This scanner will give you short term bet breakouts like hourly or 2Hr breakout
Volume shocker
Volume spurt in a stock with massive X times
Do Share the above tweet 👆
These are going to be very simple yet effective pure price action based scanners, no fancy indicators nothing - hope you liked it.
https://t.co/JU0MJIbpRV
52 Week High
One of the classic scanners very you will get strong stocks to Bet on.
https://t.co/V69th0jwBr
Hourly Breakout
This scanner will give you short term bet breakouts like hourly or 2Hr breakout
Volume shocker
Volume spurt in a stock with massive X times