HDFC
Double Top Buy above 2864.83 daily close on 1% Box Size chart. https://t.co/oP7KnYn7R8
HDFC
— Saket Reddy (@saketreddy) February 2, 2021
High Quality standalone business, Holds double digit stakes in High quality group companies like HDFCBANK & HDFCLIFE.
Double Top buy & ABC Pattern breakout above 2698.8 daily close on 1% box size chart & Double top buy above 2756.62 on 3% box size chart. https://t.co/6ozyrPMgIG pic.twitter.com/fXRcAI9Kws
More from Saket Reddy
Double Top Buy & T20 Pattern - Bullish above 4058.33 daily close on 1% Box Size chart. https://t.co/DPEehZwkS4
JUBLFOOD
— Saket Reddy (@saketreddy) June 24, 2020
Achieved the second target of 1820 today, now near the first target of 1780!
Got a nice 15-20% move till now.
Trailing stop loss is the best thing one can do now! https://t.co/YidPZamyxz
Double Top Buy above 7904.58 daily close on 1% Box size chart. https://t.co/v7IfC9FlEE
BAJFINANCE
— Saket Reddy (@saketreddy) February 4, 2021
Double Top Buy & Super Pattern - Bullish triggered on today's close above 5440.8 on 3% Box size chart. https://t.co/5roCSY2sLV pic.twitter.com/lBBzzTZUVy
More from Hdfc
HDFC - might pull back till 2620. A good risk-reward setup with a SL below 2560. I have entered with 2.5% capital only as large caps have a tendency of slow moves. pic.twitter.com/wpdGLPPLGe
— The_Chartist \U0001f4c8 (@nison_steve) August 5, 2021
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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