Every stock that goes up 5 times or more follows a fixed pattern .

Here's a thread ๐Ÿท

This will help us identify such stocks with a systematic and simple investing approach.

I use the following concepts to identify stocks which can move 5 times
-Relative Strength
-Stage Analysis
-Volume Analysis

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I believe that every stock must outperform Nifty before it becomes a multibagger. I use relative strength to identify stocks that are outperforming Nifty.

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I then divides stocks in to four phases. I pick stocks that are in stage 2 or uptrend phase. I use moving average to identify stocks that are entering stage 2 advance.

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Finally, I look at price and volume action to confirm entries and exits from the stock.

I have given several examples of stocks like Yes Bank, IEX,HSCL, Elecon Engineering, JSW Energy etc.

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https://t.co/jhUSaDC87i

Watch this complete Video for More understanding

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I insist that investors must not try to find bottoms or tops with this strategyโ€ฆrather they must focus on riding the trend.

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I am certain this episode will provide you an additional edge in the markets while picking right stocks that can go up 5 times or even higher.

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Read this Complete Thread !
https://t.co/nLi5MOVtVL

Follow @JayneshKasliwal for more such insights

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๐—•๐—ฎ๐—ป๐—ธ๐—ป๐—ถ๐—ณ๐˜๐˜† ๐—™๐˜‚๐˜๐˜‚๐—ฟ๐—ฒ๐˜€ ๐—ง๐—ฟ๐—ฎ๐—ฑ๐—ถ๐—ป๐—ด ๐—ฆ๐˜๐—ฟ๐—ฎ๐˜๐—ฒ๐—ด๐˜†
Complete Strategy With Backtest

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๐Ÿงต Thread ๐Ÿงต
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What is Rule Based Trading ?

In rule based trading you donโ€™t take trades based on what you think is going to happen , rather depend on data to tell you what can probably happen.
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๐—œ๐—ป๐—ฑ๐—ถ๐—ฐ๐—ฎ๐˜๐—ผ๐—ฟ๐˜€ ๐—จ๐˜€๐—ฒ๐—ฑ
ย  1. Supertrend (5, 4.5)
ย  2. EMA( 21 Period)ย 
3. Volume(20 MA Period)
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Indicator Setting
(Refer Pics)
๐Ÿญ.๐—˜๐— ๐—”:
Use 21 Period on 5 min time frame
๐Ÿฎ. ๐—ฆ๐˜‚๐—ฝ๐—ฒ๐—ฟ๐˜๐—ฟ๐—ฒ๐—ป๐—ฑ ( ๐Ÿฑ, ๐Ÿฐ.๐Ÿฑ )
4/16


๐—•๐˜‚๐˜† ๐—ฅ๐˜‚๐—น๐—ฒ๐˜€
Time Frame: 5 min
Buy only when :
๐Ÿ”ธ Banknifty is above 21 ema
๐Ÿ”ธ Supertrend gives buy and candle closes above supertrend
๐Ÿ”ธ Enter on next candle opening
๐Ÿ”ธ Volume>20 MA on Supertrend Buy Signal
๐Ÿ”ธ Take Entry only from 9:20 to 3:15
๐Ÿ”ธ Max 2 Entries per day
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