Consolidation Phase Breakout

Look for Dry Volumes in the Base
Volume on Up days > Volume on down days
Greater Consolidation Greater power in Breakout
Look for Continuation Rather than Reversal
Small Bases will Provide Low Risk opportunities

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More from JayneshKasliwal

A thread of threads on 3 indicators

1. Moving Averages Ultimate Guide
2. All About ADX
3. Super Performance Using RELATIVE STRENGTH

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Moving Average


All about


Super Performance Using RELATIVE STRENGTH
Detailed Study of Stocks that became 5X in past 2 Years
A Mega Thread🧵

Concepts :
Relative Strength
Stage Analysis

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We have Got around 86 Stocks that became 5X in 2 years
These Belonged to various sectors and Groups

Excel Link for List of Stocks
https://t.co/jESOUM32b5
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All stocks had few things in common :

Stocks doubled Before entering into Stage 2 Uptrend
52 week RS was positive in stage 2
90% stocks even gave all time high breakout after Stage 2
60 Stocks had market cap less than 1000 Cr

Examples : OLECTRA , PGEL
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So What is Relative Strength ?

Relative strength is a strategy used in momentum investing and in identifying value stocks.

It focuses on investing in stocks or other investments that have performed well relative to the market as a whole or to a relevant benchmark.
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How to Apply ?
Type
“Relative Strength”
Choose any
By bharattrader
By traderlion
By Modhelius
I use by bharattrader
In setting use 52 period
Use Weekly Chart
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