#BERGEPAINT broke down below rounding top, pulled back to neckline & has started declining from neckline again
RSI turning down from 50
If bit sustains below 600, it can fall towards 500 over time
#stock #stocks #Nifty
Not trading call, academic post

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#BergePaint .15% x 3 cmp 864
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@Definedge https://t.co/QtFMafOOm7

even I was able to catch all cement for private group...everyone enjoyed
— Sunil Dhawan\U0001f6a9 \U0001f1ee\U0001f1f3 (@SunilDhawan13) July 20, 2021
all future levels#ACC #ambujacem #ultracemco pic.twitter.com/4Vjsu6ObSy
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Covering one of the most unique set ups: Extended moves & Reversal plays
Time for a 🧵 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