#HDFCAMC
Symmetrical triangle breakout in weekly chart.. next resistance is 3240-50, once this level is taken out might trigger 3780 and 5000 levels.

More from Sheetal Rijhwani
Students of @Mitesh_Engr are real gems on twitter!
Nobody will give you this kind of knowledge in any paid webinar like they gave this in a thread! One more brilliant thread by @ITRADE191 @AdityaTodmal @niki_poojary
Nobody will give you this kind of knowledge in any paid webinar like they gave this in a thread! One more brilliant thread by @ITRADE191 @AdityaTodmal @niki_poojary
In this thread, I'll walk you through my set up, absorb it as much as you can.
— itrade(DJ) (@ITRADE191) June 27, 2021
The instrument that I trade in are Nifty (NF) options
Thanks to @AdityaTodmal @niki_poojary for contributing in making this pic.twitter.com/BrMrGydb1v
If you're a swing/positional/trend follower, then this thread is for you. In this one, I will be covering how to filter stocks, how to take entry and the exit plans. 🧵 (1/21)
It's practically impossible to check all charts. However, you can use multiple scanners as per your setups to make things easy.
In trending market, even junk stocks give a good move. But in sideways and falling markets, you have to be very selective. (2/21)
One imp. filter for me is trading in strong fundamental stocks. Every quarter, I check results of companies and filter the list. I keep checking the charts and set an alert on the levels. Many good handles on Twitter post good results lists, you can save that as well. (3/21)
This time, I did the same on my telegram channel.
https://t.co/C3eS9PSncG
Second filter for me is Current Performing Sectors/Themes. Keep your eyes and ears open. Being a good observer helps you big time. Make good use of news in your analysis. (4/21)
For Eg: Textiles are performing well for a while now. It has strong consumer interest due to many global retailers, diversifying their outsourcing and reducing their dependence on China. Order booking from India has increased rapidly. (5/21)
It's practically impossible to check all charts. However, you can use multiple scanners as per your setups to make things easy.
In trending market, even junk stocks give a good move. But in sideways and falling markets, you have to be very selective. (2/21)
One imp. filter for me is trading in strong fundamental stocks. Every quarter, I check results of companies and filter the list. I keep checking the charts and set an alert on the levels. Many good handles on Twitter post good results lists, you can save that as well. (3/21)
This time, I did the same on my telegram channel.
https://t.co/C3eS9PSncG
Second filter for me is Current Performing Sectors/Themes. Keep your eyes and ears open. Being a good observer helps you big time. Make good use of news in your analysis. (4/21)
For Eg: Textiles are performing well for a while now. It has strong consumer interest due to many global retailers, diversifying their outsourcing and reducing their dependence on China. Order booking from India has increased rapidly. (5/21)