Pullback Trading Strategy
Stock Selection: Stock under major uptrend with higher swing highs and lows since last one year
Trade location: Pullback to 20SMA after making a higher high
Trade set up: Candlestick Reversal Pattern with high Volume
SL: <20SMA of low
Target: Breakout
More from Aneesh Philomina Antony (ProdigalTrader)
1.
Start fibo retracement from swing high, not the other way around. Simply 0 point should b where retracement started
2.
The base should b chosen as major swing low. Can't just pick a random point
Start fibo retracement from swing high, not the other way around. Simply 0 point should b where retracement started
2.
The base should b chosen as major swing low. Can't just pick a random point
Similar views (shared Yesterday) Aneesh Bhai\U0001f447https://t.co/UxJZFdWJxh
— Bharat Sahni (@NiveshakBharat) September 29, 2021
Never trust a slow mover
if demand is enough, it should go up fast
if not, a small increase in supply can trigger substantial fall
#coforge https://t.co/2yJRCUFMIO
if demand is enough, it should go up fast
if not, a small increase in supply can trigger substantial fall
#coforge https://t.co/2yJRCUFMIO

failing to find momentum
— Aneesh Philomina Antony (ProdigalTrader) (@ProdigalTrader) April 6, 2022
too slow for my liking
4408 - 4508 (0.7R)
cutting it off#coforge https://t.co/NtN2ECRSA4 pic.twitter.com/sz1kH8LPI7
Parameters
1.Price structure - higher swing highs & swing lows
2. Momentum - doubled in last 250 days & trade close to recent highs
3. Demand - Higher volume on green bars
4. Volatility - Bigger bars on upside & shorter on downside
5. Relative strength - Outperforming market
1.Price structure - higher swing highs & swing lows
2. Momentum - doubled in last 250 days & trade close to recent highs
3. Demand - Higher volume on green bars
4. Volatility - Bigger bars on upside & shorter on downside
5. Relative strength - Outperforming market
Hello Aneesh, (1) apart from the volume supported HH-HL formation in ATH or 52 weeks high stocks, what other data point u see to shortlist scrip? (2) How do u estimate the holding period for the scrip? Plz guide
— Rohit Khanna\U0001f1ee\U0001f1f3 (@Rohit_MktWale) March 26, 2022