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
It's a secret recipe 😋
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.
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
Reason and pre-analysis for #BAJAJFINSV before buy-
While buying breakouts, your odds will improve a lot when you prefer the following:
1. Strong Relative Strength.
2. Tight price range on low Volume and a pattern which is easy on eyes. https://t.co/CprKpAfgtj
While buying breakouts, your odds will improve a lot when you prefer the following:
1. Strong Relative Strength.
2. Tight price range on low Volume and a pattern which is easy on eyes. https://t.co/CprKpAfgtj

#BAJAJFINSV
— Ravi Sharma (@StocksNerd) August 14, 2021
Setting up in a tight base. Volume has been drying up.
Waiting for the breakout. pic.twitter.com/KWoGZAwkLO
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
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