#havells

excellent consolidation after a strogn uptrend
recent breakout to new highs
retest successful now

More from ProdigalTrader

Aneesh Philomina Anton...
@ProdigalTrader

If u are a day trader, irrespective of the TF u trade, u should align urself with the trend in 15min TF. Avoiding whats happening in 15min TF, is highly dangerous and will end up as a very costly mistake.

Aneesh Philomina Anton...
@ProdigalTrader

Before making ur trade entry or even before making a bias of trend as either bullish or bearish, do u use any objective measures to define the trend based on price, volume and momentum?
Price will always go back and forth move no matter how strong the trend is.

1/4

So an objecctive way of defining the trend as bullish or bearish will help u to stay out of counter trend trades which usually not only hit SL, but slippages tend to be quite high in case of those trades. If u dont believe that, u can either check ur journal .

2/4

In the pic, an example was shown with objectively defining the price trend based on momenum. If price is bullish then either take long entry while price pulls back on 20 SMA or when it makes a new breakout, its very very safe method.

3/4

Even one can use simple MACD for defining the trend. Indicator doesnt have any magic, be it custom made or default one. Trick is in identifying the bias when its quite clear and obvious and not to trade till then.

4/4

ProdigalTrader
@ProdigalTrader

#aplapollo

price poised nicely to reverse from here
trades near to channel bottom while major trend is up

Aneesh Philomina Anton...
@ProdigalTrader

If u know how ATR, RSI, Bollinger Bands etc. are constructed,
what exactly are they measuring,
how does it disagree with price at times,
how it responds to various trend phases etc
U probably would reckon that indicators works as much as price or volume.

Do u know them well??

Aneesh Philomina Anton...
@ProdigalTrader

Do u want to study past bear markets?

Use Weekly chart
Plot Bollinger Bands with 50,2 setting
Locate when ever price hit lower band
Locate the highest swing high befoire the fall
The period in between is bear market

Here we have 4 such occations after 2010.

More from Havells

MaRkET WaVES (DINESH P...
@idineshptl

#HAVELLS-1448

Near term base case 1231

A perspective.

#Probability

Saket Reddy
@saketreddy

HAVELLS

Double Top Buy, Super Pattern - Bullish & T20 Pattern - Bullish above 1266.91 daily close on 1% Box Size chart. https://t.co/78Tb2dKZkm

HAVELLS

DTB above 921.43 daily close (Closed above it today) on 1% box size chart, DTB active on 3% chart.

I would still stick to my earlier point that 1250-1300 is the next logical supply zone. https://t.co/9SyiHd90qg pic.twitter.com/LjtqKvX1Ld
— Saket Reddy (@saketreddy) January 5, 2021

Techno Prince
@Trader_souradep

#HAVELLS has broken out of a flag correction & at the neckline of a rounding bottom pattern
RSI & MACD showing bullish bias
If the stock is able to trade above 1480-85, it may move towards 1625 ( acc. to rounding bottom)/ 1685 (acc. to flag & pole pattern)
#Nifty #stocks

Not trading call, academic post

Saket Reddy
@saketreddy

HAVELLS

Double Top Buy above 1485.56 daily close on 1% Box Size chart. https://t.co/zY8JwRIZUu

HAVELLS

Double Top Buy, Super Pattern - Bullish & T20 Pattern - Bullish above 1266.91 daily close on 1% Box Size chart. https://t.co/78Tb2dKZkm pic.twitter.com/4lWz25jGgk
— Saket Reddy (@saketreddy) August 30, 2021

Himanshu Chauhan
@pahari_trader

#HAVELLS (weekly)
- Breakout from Supply zone
- Tarding All time high
- Strong Bullish trend
- Massive volume accumulations
- Buy above 1235
- Stoploss 1175
- Target 1267/1293/1347/1400+

A medieval powerhouse this kingdom stood firm against the Pathan invasion from Orissa twice, and with each time devastating the enemy forces.

Along with this, we also have to note that this was the time when the empire was under the reign of a widowed queen named Bhavashankari.

She wasn’t even born in a royal family and yet she achieved what most of the kings couldn’t do

This begs the question, why does no one remember this great kingdom?

3/

Bhurshut empire thrived from 15th century till late 18th century as an independent kingdom while acting as tributary state with full autonomy.

4/

What’s even more puzzling is that no one knows about the great queen Bhavanshakari who thrashed the Pathans single handedly without the aid of their allies.

5/

$Marc K\xf6hlbrugge$

Marc Köhlbrugge
@marckohlbrugge

💬 I often get Q’s like these:

How did you get your first customers for WIP? How did you grow BetaList’s traffic? Etc.

Makers are looking to reverse-engineer success. I see it everywhere.

I don’t think it works that way and the answers to those questions are mostly useless. 💥

I have built dozens of different products over the last couple of years. The vast majority failed. 😭

Surely if I know the answers to these questions, but still fail over and over again, these answers aren’t that useful. 🤷‍♀️

So what’s a better question to ask? 🤔

99.9% of the questions I receive are about the products that did well. In a way that makes sense, because we quickly forget about those that didn’t succeed.

🧠 This is known as survivorship bias.

Focusing on what survived, while ignoring what made it survive in the first place.

The real question, what you really want to know, is this:

What makes @WIP, @BetaList, and to some extent @AllStartupJobs succeed where my countless other attempts failed?

What separates a failed product 👎 from a successful product 👍?

Honestly, I don’t know. I wish I did.

It’s like Steve Jobs said “I’ll know it when I see it.” 👀

Same is true when we make products. We don’t know upfront what will work. But once we see an inkling of a product that does have potential, it’s not that hard to spot.

Brian Cates
@drawandstrike

Great article from @AsheSchow. I lived thru the 'Satanic Panic' of the 1980's/early 1990's asking myself "Has eveyrbody lost their GODDAMN MINDS?!"

For three years I have wanted to write an article on moral panics. I have collected anecdotes and similarities between today\u2019s moral panic and those of the past - particularly the Satanic Panic of the 80s.

This is my finished product: https://t.co/otcM1uuUDk
— Ashe Schow (@AsheSchow) September 29, 2018

The 3 big things that made the 1980's/early 1990's surreal for me.

1) Satanic Panic - satanism in the day cares ahhhh!

2) "Repressed memory" syndrome

3) Facilitated Communication [FC]

All 3 led to massive abuse.

"Therapists" -and I use the term to describe these quacks loosely - would hypnotize people & convince they they were 'reliving' past memories of Mom & Dad killing babies in Satanic rituals in the basement while they were growing up.

Other 'therapists' would badger kids until they invented stories about watching alligators eat babies dropped into a lake from a hot air balloon. Kids would deny anything happened for hours until the therapist 'broke through' and 'found' the 'truth'.

FC was a movement that started with the claim severely handicapped individuals were able to 'type' legible sentences & communicate if a 'helper' guided their hands over a keyboard.