LEARNING ⭕️
Saregama - Simple MA strategy working well. A price constantly testing 20 EMA and bouncing back is the one that is in a strong uptrend. If you miss any one of the strongest stocks during a breakout, observe its reaction as it comes near 20 EMA again and hunt it down.
Saregama - \U0001f3b9\U0001f3b6\U0001f3bc\U0001f3b5
— Steve Nison (@nison_steve) July 14, 2021
Will it respect the 20 EMA again? So far, no serious selling. Price coming down with negligible volumes. pic.twitter.com/CEB6OTJssd
More from Steve Nison
I believe 5-10 stocks are enough for a retail investor to achieve super performance. And with small capital, there is no point in buying 20/30 names which doesn't even get appropriate initial capital.
Stock: CDSL
— Steve Nison (@nison_steve) December 16, 2020
CMP - 516.95. Low risk setup. Weak below 500. Target open. Stock retesting the ascending triangle BO line. Kindly check please. @nishkumar1977 @Rishikesh_ADX @VijayThk @kuttrapali @Thekalal @PAVLeader pic.twitter.com/PlcpOMsdnz
This exercise will tell you about your inherent strengths & weaknesses. 👇👇
How to record a trading journal (TJ) & what to analyze?
— The_Chartist \U0001f4c8 (@charts_zone) December 14, 2021
What is in a TJ?
Buy Date
Stock Name
The time frame you analyzed (D/W/M)
Long/Short?
Buy Price
SL
Sell Price
Risk took (% of capital)
Sell date
No. of days held
P/L
P/L as % of capital
Buy Reason?
Invested capital/trade pic.twitter.com/WnrvmYuOV0
More from Saregama
Double Top Buy & T20 Pattern - Bullish triggered above 3596.76 daily close on 3% Box Size chart. https://t.co/130vDnOAzm
SAREGAMA
— Saket Reddy (@saketreddy) July 15, 2021
Double Top Buy & T20 Pattern - Bullish above 3601.56 daily close on 1% Box Size chart. https://t.co/3514cyjgDH pic.twitter.com/pdlyX1pdre
Today's closing is a monthly close and this is done & dusted, we now have a solid monthly close above the 10 year supply zone.
If the stock has broken out from a 10 year supply zone & a 20 year peak, surely something would've changed!
Do study the industry structure! https://t.co/zA3qztFzon
SAREGAMA at a very important juncture now on the monthly chart considering today's close is also a monthly close.
— Saket Reddy (@saketreddy) May 31, 2021
Nearing a breakout from over a 10 year supply zone! https://t.co/qpsSn3obrE pic.twitter.com/1xTmB6WvhK
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