These are long term Moving Averages, which in my view are irrelevant for short term positional trades.
For my trading strategy, 13-day & 22-day EMAs are more suitable.
If SmallCap dips below these MAs & they get into the bearish sync, I get cautious & reduce my position size.
Sir as you follow the smallcap index,do you take full positions when it\u2019s trading below its key moving averages or wait for some confirmation? pic.twitter.com/ph6HTJ9rbD
— Dhanesh Gianani (@dhanesh500) November 30, 2021
More from Ravi Sharma
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
— Ravi Sharma (@StocksNerd) August 20, 2019
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
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
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 ?
— Volatility and Volume Trader (@VolVolatTrader) September 7, 2021
Any rules where you sell positions . Just to learn
But I can give you some pointers-
1) Choose stocks in Stage 2 with RS > 75
2) Identify these setups - Cup with Handle, High Tight Flag, Rectangle, VCP, Squat, Low Cheat, 3-C.
2) Wait for the significant contraction in daily range, volatility & Volume.
How do u screen stocks???
— \u2206bhishek Jain (@AbhishekTMM) August 6, 2021
More from Screeners
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