Read this book if you practice trend following & want to hone up your entries.

You may shortlist winning stocks, identify patterns but when and where to enter remains one of the toughest parts.

Pay full attention to exercises and study those charts meticulously.

More from Ravi Sharma

I read about it in 'Trading for a Loving written by Dr. Alexander Elder.

I highly recommend this book to all the beginners in stock market.

Sir, if not wrong you taught MACD -H in your elearn webinar also? From where you have learned it?
— Prakhar (@Indiantrader101) August 23, 2021

* Trading for a Living

Ravi Sharma
@StocksNerd

#BAJAJFINSV

Setting up in a tight base. Volume has been drying up.

Waiting for the breakout.

Ravi Sharma
@StocksNerd

Read everything written on Wyckoff, Livermore and written by Wyckoff, Livermore.

You would find the roots of all patterns, especially the trend/momentum following ones in their methods.

Once you get the dynamics of Price/Volume, any good book on chart patterns will do.

Any book in which we can read such patterns and the knowledge you have?
— Krish (@MasculinityMon1) August 13, 2021

Ravi Sharma
@StocksNerd

This is one of the sell signals I follow. It should give you some idea.

Since market cap of IRCTC is good, I reduced the move rule from 40% to 30% in this case. https://t.co/qzL5rgmtg8

Just a small doubt . I sold Yesterday thinking it was a climax 6% move . How did you decide to sell today ?

Any rules where you sell positions . Just to learn
— Volatility and Volume Trader (@VolVolatTrader) September 7, 2021

Ravi Sharma
@StocksNerd

I have been asked a lot about how to determine the direction of the broader market.

I have made some minor tweakings to this timing model since this tweet but it still will give you an idea and primer 👇

Trading 101 with SmallCap Index

1. Swing trades when bullish divergence in MACD-H forms
2. Breakout trades if Index closes above 22-Day high
3. Pullback/Pocket Pivot trades if Index consolidates constructively while13-EMA>22-EMA
4. Sell, go cash if Index breaches 10-Day low, NQA pic.twitter.com/u8VjXrU0Re
— Ravi Sharma (@StocksNerd) August 20, 2019

More from Screeners

$EquiAlpha -MidTerm Momentum\U0001f40e\U0001f40e$

EquiAlpha -MidTerm Mom...
@equialpha

Detailed thread as I promised to RIDE THE TREND with super ease✅

Do read fully as it starts from basic to end & can be long one...

Do retweet & like as this is yrs of my hardwork in few tweets (1/n)

1) For riding trends, first you have to understand trends - Here is how a complete cycle of stock looks like..Stock has 4 stages...We need to be in 2nd one to make money.
Now here we go deeper into stage 2 (2/n)

2) Any stage 2 has phases as this is not a linear journey but the stock will set up multiple bases in between...Below is the example of Balaji amines that highlights how the stage 2 in reality looks now.....

3) So a Stage 2 has periods of bases in between which are the typical resting period for digesting earlier gains. Theoretically looks like this..Stage 2 then a base within stage 2 and stage 2 resumes....

4) The real question is how to ride trend between the bases peacefully so that we don't have to wait in consolidation.

Indrazith Shantharaj
@indraziths

Breakout Screener with AMAZING UPDATE!

One-click on the link to view the charts directly from the screener!

@gocharting team helped us to get this wonderful feature!

https://t.co/3teN7Jtuyk

(Screen download link is inside the post)

#Retweet and share!

Naveen Kumar
@naveenksyal

@Trendmyfriends Super Trend 10,2

@buzz_chronicles save as screeners

kumar saurabh
@suru27

A thread of strength in the market.

An analysis which I did during Covid crash with @MashraniVivek on which sectors and stocks were strong, and we did pick pharma, chemical early cycle. Though we do not know where market is heading, doing such exercise always helps to find

strength when market bottoms. Of course, it requires much more reading and conviction building and hence should be taken only as a starting point. Here is how this list has been generated
1. Pick top 500 companies
2. Find list of companies which have fallen < 10% in last 3 months

Totally 61 out of 500 stocks.
This is how the sectors come up.
✍️Auto and Capital Goods stand out
✍️Do not ignore defence for sheer count as there are few companies in sector
✍️Next pocket looks like few beaten down sectors/stocks where may be value is emerging - FMCG, Pharma

List of stocks - Auto tops the list followed by capital goods, bank and financial, pharma and defense. Disc: I am biased towards auto n financials (keeping FII selling risk aside). Also, this is still a watchlist activity and I am not acting on it except being

invested in few auto n banking names. Please do your own due diligence. I am not a registered investment advisor and this is not a recommendation. Follow @ScientificInve6 and our Youtube channel for more such

Sandeep Kulkarni
@moneyworks4u_fa

History tells us when #USDINR moves it moves a lot. In that context it has been remarkably resilient with just 8% depreciation. It looks like we are very close to the point from where Rupee will start to appreciating again.

BTW Nifty Metal has inverse correlation with USDINR. https://t.co/X6cqVcYF3V

We know how our stock market has weathered the FII selling.
But the equally big story is how Rupee has weathered $50bn+ outflows since Oct 2021. Hats off to RBI Governor Das & his team for having the vision of building huge reserves in his tenure. pic.twitter.com/CVuF9dM361
— Sandeep Kulkarni (@moneyworks4u_fa) June 10, 2022