#PowerofRS
Entry or Exit
All Sorted

Stocks with super improvement in Financials as per latest quarterly results and strong price action.

A thread on Price action and how to identify stocks showing strong price action.

For me price action is when you answer the What,When,Why,How and Where of price movement of any underlying.

Its a language you use to communicate with the underlying.

Key Parameters thread

1/n

Short term price action is judged when the underlying is crossing precious day high or low. Why last day action is important?Because there are enough short term traders who act at these levels,especially if that day had lots of activities showcased by volume and delivery.

2/n

Monthly high, low, close are again important as the stocks are typically evaluated on monthly basis for mid term performance. Operator building large positions will react when market breaches these critical levels.

3/n

Just like monthly, 52 week i.e yearly data is also critical as a symbolic performance of an underlying for long term actions.

4/n

VWAP literally helps you to judge the behavior of operator. Typically that the price at which operator has build positions. If you combine VWAP with closing, you will be able to judge the probable demand and supply zone of any underlying.

5/n

Strong stocks.
Good latest quarterly results.
Trading at 52week high zone.
Good balance sheet performance.

These stocks should be in your buying watchlist.

Try your hand using the simplest scanner in town @mystockedge

Stocks with

High Delivery
Increasing Relative Strength and Supertrend turn positive from negative.

Awesome #mycomboscan of @mystockedge

My #FIPA combo scan

Stocks showing good quarterly business performance and strong price action.

One of the most simplistic stock scanning engine for Indian markets is at @mystockedge , its an ATM Machine.

What all do I read to keep myself informed about new opportunities and to keep updating myself with the new happenings in the world?

Time for a thread about all tools I use to research,Find information and update myself about different subjects

🧵🧵🧵🧵🧵🧵

Blog Subscriptions I am subscribed to for investing:

1. @borrowed_ideas
2. Non-Gaap Substack
3. The Flywheel substack
4. Read The Generalist
5. Kiran D- has a blog on word press
6. Uncommon Profits
7. Used to read stalwart but they reduced the posting
8. @rohitchauhan

9. @IntelsenseI
10. @SeekingAlpha
11. @themotleyfool
12. Betaoalpha Substack by @mehrotra_saket
13. @MarcellusInvest
14. @PerfectResearch

Others that I like to read

1. @TheKenWeb
2. @EconomicTimes Prime. Recently they have improved
3. @TheEconomist
4. @forbes_india

Sectoral experts/Analysts that I follow:

For Pharma- @AdityaKhemka5 , @unseenvalue & @punitbansal14 + Contract Pharma for cdmo

For Banking- @HemindraHazari , Digant Haria and Ashish Gupta from Credit Suisse (he's terrific)

For chemicals- Rohit Nagraj from Emkay Global

and chemical weekly+Chemical reports monthly from B&K securities

Broker reports that I like to read whenever I can:

1. Spark capital-hands down the best reports in the country.

2. Ambit- publish some good stuff. But rarely available

3. JM Financial- exceptional reports.

@Trendmyfriends Super Trend 10,2

@buzz_chronicles save as screeners

Just one basic filter will save a lot of your money. If the price falls below 200 days MA and it is sloping down - avoid any buys till the MA flattens up & the stock forms a higher low or just wait for initial move to prove itself & buy when MA starts sloping up

Lupin

Going To Post One Example For Breakout Trade Which I Said to Share Few Days Back

I Am Not Saying You Will Find Setup Like This daily But Whenever You Will Find It Will Definitely Give You Best Reward

So If You Find This Useful Kindly Share And Retweet For Learning 🙏🙏🙏

Setup Used :

🔶Exponential Moving Average( 21 )
🔶Standard Pivot Points
🔶Volume Chart
🔶Manual S&R and OR

One Can Easily Find Trade Based On This Setup And Can Easily Earn Good Money In Cash Trading

Lets Learn How To Use It IN Live Market

1.) IBUL Opened Gap up ( Above PDH )
2.) Marked OR H&L And Saw That OR High
& R2 is Nearby Hence We Will buy Above OR High
3.) Once OR High Broken Entry HAs Been Triggered With SL As Given In Chart
4.) Once OR High Crossed Movement Was Too Fast And Stock Crossed R3.

continue...

5.) So IF You Want To Add More Quantity You Can Add And Scale Up Position So That We Can Maximize Our Profits
6.) Now Keep Trailing Your SL Once you Get 1:2 RR Book Your Position Or Keep Your SL At Cost
7.) If You Want To Ride Complete Trend Then Keep Trailing Your SL As 21 EMA

8.) Once 21 EMA is Broken Completely Exit From Position

As You Can See In Below Picture That Once 21 EMA is Broken Trend Completely Changed Hence Follow Rules Strictly Because We will Follow Trend