The other way to look at this is that..The stock went below 21 month EA in 2008 & 2020 crash
Something is happening really too bad and worst is yet to come for entire market !!
HDFC bank Monthly Chart :
— EquiAlpha -MidTerm Momentum\U0001f40e\U0001f40e (@equialpha) March 7, 2022
In last 20 years - Only 2 times the stock has gone below 21 month EMA as market. This seems the third time (Monthly close will confirm )
Don't know but something seems off !!
Lets check again on month end pic.twitter.com/9eeVfikdnU
More from EquiAlpha -MidTerm Momentum🐎🐎
3 Ways to ride a stock 🐎
(a thread) 🧵
>Do retweet if it adds value as this took a long time for me to make
1) 10/20 Day EMA -
Enter the stock as it comes up back to the 10/20 day EMA and ride it till it drops below or SL hits as explained below
Eg -Nitin Spinners as below
2) Weekly Super trend (Setting 2,7): Whenever trend changes , volatility increases & supertrend measures volatility..That's the logic behind it
Eg - Deepak Nitrite
3) 10 Week MA : Trend following can be done using 10 w MA
Eg - Saregama
Fundamental analysis has to be done for best results as these are to be applied on a growing co + sector movt together ..Eg If you will apply to random co with low RS or low growth..This might be very choppy
Do retweet if make sense so as I can make more of such thread
Join telegram group for stock analysis & daily updates
https://t.co/lJ00OKEVd2
Download equialpha app for free momentum basics course
https://t.co/9N7vFDorC8
Thanks for reading.. Do like
(a thread) 🧵
>Do retweet if it adds value as this took a long time for me to make
1) 10/20 Day EMA -
Enter the stock as it comes up back to the 10/20 day EMA and ride it till it drops below or SL hits as explained below
Eg -Nitin Spinners as below
2) Weekly Super trend (Setting 2,7): Whenever trend changes , volatility increases & supertrend measures volatility..That's the logic behind it
Eg - Deepak Nitrite
3) 10 Week MA : Trend following can be done using 10 w MA
Eg - Saregama
Fundamental analysis has to be done for best results as these are to be applied on a growing co + sector movt together ..Eg If you will apply to random co with low RS or low growth..This might be very choppy
Do retweet if make sense so as I can make more of such thread
Join telegram group for stock analysis & daily updates
https://t.co/lJ00OKEVd2
Download equialpha app for free momentum basics course
https://t.co/9N7vFDorC8
Thanks for reading.. Do like
This is why I bought Zota Healthcare📜
> Super high buying pressure already up 140% in last 8 weeks + Volume activity
Funda - Co is in super speed opening DavaIndia generic medicine stores in south India
Details in chart below👇
Up 10% today 🚀
RT if you like the analysis ⚡️ https://t.co/hK0ZBLE6Bz
> Super high buying pressure already up 140% in last 8 weeks + Volume activity
Funda - Co is in super speed opening DavaIndia generic medicine stores in south India
Details in chart below👇
Up 10% today 🚀
RT if you like the analysis ⚡️ https://t.co/hK0ZBLE6Bz
Only zota healthcare \U0001f680\U0001f680\U0001f680\U0001f40e
— EquiAlpha -MidTerm Momentum\U0001f40e\U0001f40e (@equialpha) August 31, 2021
Masterstroke \U0001f4a5\U0001f4a5\U0001f4a5 pic.twitter.com/hnH22mtUJN
Exit krna sekhlo agle bull run ke liye, jisse ke same mistakes repeat na ho !!
Har stock turn down hota hai ! Exiting helps beating markets & catching new ones
Har stock turn down hota hai ! Exiting helps beating markets & catching new ones
Without rules you cannot conquer markets !
— EquiAlpha -MidTerm Momentum\U0001f40e\U0001f40e (@equialpha) May 3, 2022
These are my 9 sell warriors to conquer markets !
Selling is the toughest part..Some or the other sell rule always get me out !
Learn fully - https://t.co/iDlVff5KoU pic.twitter.com/u2vQvpGzEs
More from Hdfcbank
#HDFCBANK ~A Thread 🧵
Let's look at the Multi-TF Technical aspect~
In weekly; Price marked by converging trend lines.
Representing consolidation prior to continuing in the direction of existing trend.
Sustenance above 1531 and a break-through at 1579.35 would trigger 1640+
+
In daily; it's showing a counter-trend move that has followed after a sharp price movement.
Rejection level at 1579.35 which needs to be breached for extended upside.
Both Weekly and daily charts are indicating the resumption of the prior trend.
+
It has been on my radar since August series and I have been watching out for these levels to be neatly breached for a bullish move.
The news is also favorable for #HDFCBANK.
In their last commentary, Bank said~ the transportation finance disbursements are 110% of May numbers.
July was 40% higher than the month of June and August was twenty 25% higher than July.
+
Bank is very upbeat about it's growth in rural and semi-rural areas.
Right now they are active in total of 1 Lac villages.
Within two years they aim to expand it to 2 Lac villages as it's going to be major part of their loan book.
+
Let's look at the Multi-TF Technical aspect~
In weekly; Price marked by converging trend lines.
Representing consolidation prior to continuing in the direction of existing trend.
Sustenance above 1531 and a break-through at 1579.35 would trigger 1640+
+
In daily; it's showing a counter-trend move that has followed after a sharp price movement.
Rejection level at 1579.35 which needs to be breached for extended upside.
Both Weekly and daily charts are indicating the resumption of the prior trend.
+
It has been on my radar since August series and I have been watching out for these levels to be neatly breached for a bullish move.
#HDFCBANK
— Gurleen (@GurleenKaur_19) August 10, 2021
The setup looks favorable above 1531 for target's of 1640+#StockMarket #StocksToWatch pic.twitter.com/jbQrbjuYHy
The news is also favorable for #HDFCBANK.
In their last commentary, Bank said~ the transportation finance disbursements are 110% of May numbers.
July was 40% higher than the month of June and August was twenty 25% higher than July.
+
Bank is very upbeat about it's growth in rural and semi-rural areas.
Right now they are active in total of 1 Lac villages.
Within two years they aim to expand it to 2 Lac villages as it's going to be major part of their loan book.
+