A big rerating underway for #McDowell based on price action.
Holding 660 & 680, poised for big run in the days, weeks & months ahead.
Volume goes with rises
Thank you.\U0001f64f
— Van Ilango (JustNifty) (@JustNifty) August 18, 2021
A fresh input for you. #McDowell
A major triangle break out in the coming months.
Presently poised to move out of recent consolidation pic.twitter.com/J15F06ODUq
More from Van Ilango (JustNifty)
#Elliottwave puts #PriceAction in it's context
— Van Ilango (JustNifty) (@JustNifty) December 2, 2021
You're 1 undisputed expert on prime source of everything, #PriceAction
Let beginner start with #PriceAction & then step up to 12345 & ABC
Baby steps alone will take to maturity
Read this book months ago - "Rich Experience shared"\U0001f64f https://t.co/VUbG6F5Ems pic.twitter.com/PProaFsMsV
Earlier chart in 5 Min. t/f with 75Sma
Relate oscillator movement to #priceaction & you'll notice price rise as "corrective" based on the feeble rise compared to indicator's rise except once. https://t.co/Tt1kD3iPlY
Good afternoon master,
— Sunny Singh (@SurendraSinghJi) May 7, 2022
What does sma 5 means with 25 ma as seen in this chart.
How to use it with macd master?
Already following systems that i learned from you.
Want to add another learning from this.
Keep blessings master \U0001f64f
I use MACD for reversal points only.
Do not follow it at every 5 minute.
Yesterday and today both we had MACD divergence . Yet market was just continuing in the opposite direction . Can you please what to do in such case ? . For eg - today I was unable to go long because there was divergence . Same case was for yesterday . Can you please guide .\U0001f64f pic.twitter.com/vfqy8dRAU2
— Mehul (@MehulGarodia9) May 20, 2022
More from Mcdowell
United Spirits (McDowell) - I will not wait for the monthly closing and will take an entry in this with an SL at 690. I lose almost nothing in lieu of the potential reward. https://t.co/HCnRuWvIpO pic.twitter.com/echxv0Aav0
— The_Chartist \U0001f4c8 (@nison_steve) September 2, 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