How to Draw
Support , Resistance and Trendlines ?
A Foundation of Stock Market !

A Thread 🧵
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What is Support and Resistance ?

⏫Support is an area for price , where it halts due to demand of the stock at that price .

⏬Resistance is an area for price ,where it halts due to Supply of the stock at that price .
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How to Draw S/R ?

You can use Any time frame for Drawing S/R and it works on all time frames .

Whenever the Price Reverses from an area for more than 2 times that area can be called as S/R .

You can use Line Tool Or Rectangle tool to plot this on charts .

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Types of Support Resistance
1. Horizontal
2. Moving Averages
3. Trendline
4. Psychological Numbers (100 , 200 etc)

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Reversal of Polarity .

Whenever Resistance Breaks , it tends to act as support and Whenever support breaks it tends to act as resistance

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What is Breakout/ Breakdown ?

✅Whenever Resistance Breaks , it is know as BREAKOUT.
✅Whenever Support Breaks , it is know as BREAKDOWN.

🛑One should check all other parameters like , Volume , Relative Strength etc while trading these.

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BREAKOUT/BREAKDOWN FAILURES:

Sometimes the Support Will also break and , Resistance will not Act support .

These Scenarios cant be avoided by anyone :)
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Trendline :

Confused between connecting wicks or bodies while drawing a trendline ?
Our main aim to draw trendline is to get maximum points of price on a line .
It can be through wicks tails or body and there is no fixed rule !
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Trendline as Trailing Stop Loss.
1. Trending stock Tends to pullback near Moving averages and trendlines .
2. This could be areas of fresh buying or you can shift your Stop loss to upside
3. As soon as trendline is broken then you can sell a stock and take reverse position

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Trendline as Trendreversal
1. You can Buy breakouts of trendline in a downtrend
once the trend is changed with emergence of HH HL structure
2. You can initiate long postion with Stop at previous swing low
3. Sometimes you may find retest on trendline also
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More from JayneshKasliwal

Detailed Study of Stocks that became 5X in past 2 Years
A Mega Thread🧵

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 in momentum investing 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 relevant benchmark.
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How to Apply ?
Type
“Relative Strength”
Choose any
By bharattrader
By traderlion
By Modhelius
I use by bharattrader
In setting use 52 period
Use Weekly Chart
4/n
A thread of threads on 3 indicators

1. Moving Averages Ultimate Guide
2. All About ADX
3. Super Performance Using RELATIVE STRENGTH

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Moving Average


All about


Super Performance Using RELATIVE STRENGTH

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How can we use language supervision to learn better visual representations for robotics?

Introducing Voltron: Language-Driven Representation Learning for Robotics!

Paper: https://t.co/gIsRPtSjKz
Models: https://t.co/NOB3cpATYG
Evaluation: https://t.co/aOzQu95J8z

🧵👇(1 / 12)


Videos of humans performing everyday tasks (Something-Something-v2, Ego4D) offer a rich and diverse resource for learning representations for robotic manipulation.

Yet, an underused part of these datasets are the rich, natural language annotations accompanying each video. (2/12)

The Voltron framework offers a simple way to use language supervision to shape representation learning, building off of prior work in representations for robotics like MVP (
https://t.co/Pb0mk9hb4i) and R3M (https://t.co/o2Fkc3fP0e).

The secret is *balance* (3/12)

Starting with a masked autoencoder over frames from these video clips, make a choice:

1) Condition on language and improve our ability to reconstruct the scene.

2) Generate language given the visual representation and improve our ability to describe what's happening. (4/12)

By trading off *conditioning* and *generation* we show that we can learn 1) better representations than prior methods, and 2) explicitly shape the balance of low and high-level features captured.

Why is the ability to shape this balance important? (5/12)

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In the spring and summer of 2016, as reported by the Times, activity we traced to GRU was reported to the FBI. This was the standard model of interaction companies used for nation-state attacks against likely US targeted.

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In the end, the difficult question of attribution was settled by us pointing to the DNI report instead of saying Russia or GRU directly. In my pre-briefs with members of Congress, I made it clear that we believed this action was GRU.