#Orient refractories - breakout post consolidation above centre of channel. ATHs. this one could head to levels of 600.
SL - levels of 260
More from Dare2Dream
Will post charts of next potential movers tomorrow. Interested?
#Dare2Drm
#HindCopper Stock is coming out of a big consolidation. A move above 147, stock could be headed to 165 (next resistance). If #BseMetals index breaks out, i am expecting levels of 196 again and if that gets taken out, levels of 220. lets see - one step at a time
#Dare2Drm
#Dare2Drm
Will post charts of next potential movers tomorrow. Interested.#Dare2Drm
— Dare2Dream (@Dare2Dr10109801) July 9, 2021
#HindCopper Stock is coming out of a big consolidation. A move above 147, stock could be headed to 165 (next resistance). If #BseMetals index breaks out, i am expecting levels of 196 again and if that gets taken out, levels of 220. lets see - one step at a time
#Dare2Drm
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One of the most successful stock trader with special focus on cash stocks and who has a very creative mind to look out for opportunities in dark times
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
Post that the plight of the
Example 2: Booking profits when the stock is extended from 10WMA
10WMA =
Another hack to identify extended move in a stock:
Too many green days!
Read
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