One of the most successful stock trader with special focus on cash stocks and who has a very creative mind to look out for opportunities in dark times

Covering one of the most unique set ups: Extended moves & Reversal plays

Time for a 🧵 to learn the above from @iManasArora

What qualifies for an extended move?

30-40% move in just 5-6 days is one example of extended move

How Manas used this info to book profits

https://t.co/0kXazcQALq
Post that the plight of the stock:

https://t.co/RacbhJa8LY
Example 2: Booking profits when the stock is extended from 10WMA

10WMA = 50DMA

https://t.co/ecETkv9cGV
Another hack to identify extended move in a stock:

Too many green days!

Read below

https://t.co/Rls20fFu0u
When you buy a stock, first check whether they are extended from the MA, if yes then the probability of those stocks performing is lower

Read this entire thread, to know the rules of extended

https://t.co/532mOFvRwZ
Check you trade journal now, and go through the trades that didn't work, now check whether those were extended?
https://t.co/0oKyHpCvUD
Positional/Swing traders are always have one question, when to book profits?

Ans: Exit partial qty when the stock gets extended

Simple yet Effective!
How extended move on the upside can be used to Short a stock:

Example 1: Shorting #JSWSTEEL on the basis of Extended move

https://t.co/k5aiwJCJG1
Example 2: Shorting #ADANIENT on the basis of Extended move

https://t.co/dnZUtTVNsN
And this is how @iManasArora shorts Index #NIFTY basis extended move

https://t.co/NoEGLHsrQp
Not many traders short, especially the newbies, so here is an imp note:

Disclaimer: These stunts are performed by a pro @iManasArora , pls dnt jump directly into shorting without knowing the basics
So far you have understood two things:
1. Never enter an extended stock
2. Use the extended info to book profits or go short

But then, long only traders in cash segment think they cant utilize the opportunity in a down trending market
Time to bust this myth, @iManasArora shows how one can use the extended info to go long - REVERSAL PLAY!

Look for stocks down 4-6days in a row. Then look for reversal signs on a much lower frame to enter.

Manas believes: Excessive weakness offers a good long opportunity!
Thinking out of the box!

Lets see how @iManasArora Walks the Talk
How to use extended moves on the downside for reversal plays

Example 1: #BAJAJFIN

https://t.co/SlFjIQf8wg
How to use extended moves on the downside for reversal plays

Example 2: #BSE

https://t.co/8k5oRE2XQR
How to use extended moves on the downside for reversal plays

Example 3: #NBCC

https://t.co/ZAyeqZkVeb

Spot extended moves in your P&L as well, and know when to slow down

https://t.co/7EyV2Vy2iH
How to use extended moves on the downside for reversal plays

Example 4: #ASHOKLEY

https://t.co/cL4FWA9MTN
How to use extended moves on the downside for reversal plays

Example 5: #DREDGECORP

https://t.co/6T42RK9Wq1
How to use extended moves on the downside for reversal plays

Example 6: #JSL

https://t.co/tgCZLDNKam
How to use extended moves on the downside for reversal plays

Example 7: #AFFLE

https://t.co/si4X8rQyHZ
How to use extended moves on the downside for reversal plays

Example 8: #DRREDDY

https://t.co/uOxtBp8joy
Lets check how to play reversals on fresh listed stocks i.e. recent IPO's
How to use extended moves on the downside for reversal plays

Example 9: #NYKAA

https://t.co/5HEGPPhQEV
How to use extended moves on the downside for reversal plays

Example 10: #PAYTM

https://t.co/a4cFTjvXMl
Be creative and have an open mind!

https://t.co/NgcRMZtiOP
When to fold in Reversal Play,

https://t.co/g8PvVjYXqN
A lot of people have a question, what if it falls further?

Ans: You can always get out with a small SL, but but but, remember the opportunity is only gonna get more sweeter
Since, @iManasArora enters a trade with tight stops of 1-2%, he has studied the behavior of his trades in past, and from experience he knows how much time they take to perform or fail!

You can use this info to build a system of yours!
Applying extended move logic not just to stocks but extending it your P/L
Now when the stocks have an extended move on the downside, instead of being grumpy, be happy that the opportunity to play the Reversals is round the corner

#BroTip
You can also go through his TL @iManasArora which itself is a pool of knowledge

If you❤️this, why not share?

Retweet the first tweet and help others find this 🧵

Happy learning 🤓 to everyone!

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Assalam Alaiki dear Sister in Islam. I hope this meets you well. Hope you are keeping safe in this pandemic. May Allah preserve you and your beloved family. I would like to address the misconception and misinterpretation in your thread. Please peruse the THREAD below.


1. First off, a disclaimer. Should you feel hurt by my words in the course of the thread, then forgive me. It’s from me and not from Islam. And I probably have to improve on my delivery. And I may not quote you verbatim, but the intended meaning would be there. Thank You!

2. Standing on Imam Shafii’s quote: “And I never debated anyone but that I did not mind whether Allah clarified the truth on my tongue or his tongue” or “I never once debated anyone hoping to win the debate; rather I always wished that the truth would come from his side.”

3. Okay, into the meat (my love for meat is showing. Lol) of the thread. Even though you didn’t mention the verse that permitted polygamy, everyone knows the verse you were talking about (Q4:3).


4. Your reasons for the revelation of the verse are strange. The first time I came across such. I had to quickly consult the books on the exegeses or tafsir of the Quran written by renowned specialists!