#Sail #JSWSteel updated chart - what we saw yesterday could be completion of 4th down. Both are at supports.
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Around 73 / 74 - is the first target - next targets around 110.
Remember :Keeping a stop is always important if one is trading.
@caniravkaria https://t.co/ViHbzJTfQ6
#BHEL looks good for targets of 74+ https://t.co/jrRyXc5FLL pic.twitter.com/KWkzeHSs0D
— Dare2Dream (@Dare2Dr10109801) May 6, 2021
#NMDC the stock is at supports. A clean break out above 160, this could do well. My stops on this one could be 148, if the break out get triggered#Dare2DRM #Watchlist pic.twitter.com/pGG7qj5IhP
— Dare2Dream (@Dare2Dr10109801) May 1, 2021
#BalajiAmines Stock in consolidation with volumes drying up. A move above 2855 with volumes, this multi-bagger could still make decent gains from here in near term. Stops 2740. #Dare2Drm https://t.co/7r61sO7o5h pic.twitter.com/V8riCxg96k
— Dare2Dream (@Dare2Dr10109801) July 10, 2021
#BalajiAmine Retest done?
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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