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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What is Inside Bar ?

A thread 🔖 on IB candlestick and its strategy !

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@Techno_Charts @JayneshKasliwal
#StockMarket
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What is the Inside Bar Pattern?
The inside bar pattern is a one candlestick pattern where price forms completely within the previous candlestick.
For an IB to be considered valid both the high and the low of the
candlestick or need to be completely inside the previous candle
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There is often confusion around the wicks or shadows of the candlesticks
NOTE : the inside bar takes into account the candlestick wicks.
This means that the high and low, including the wicks of the candle must be within the high and low of the previous candlestick.
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Is the Inside Bar Bullish or Bearish?

The inside bar is an indecision candlestick pattern.
The inside bar is formed because price was not able to break either the high or the
low of the previous session. .
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A trend continuation pattern

1. If an inside bar forms in a strong trend, for example a trend higher, then it could be signalling a quick pause before price continues on with the trend.

2. It simply means some Volatilty contraction and hence price moving in small range .
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ULTIMATE GUIDE TO 21 and 200 Moving Average
SUNDAY THREAD 🔖
A trend Following System That will Help You Improve Trading immensely.

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@kuttrapali26 @AmitabhJha3
#stocks #StockMarket
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Moving averages
EMA and SMA
1. Exponential Moving Average (EMA) is similar to Simple Moving Average (SMA), measuring trend direction over a period of time.
2. However, whereas SMA simply calculates an average of price data, EMA applies more weight to data that is more current
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21 EMA : SHORT TERM TREND
1. Calculates the Average Price of past 21 days
2. A stock above 21 ema is in strong momentum , which will give pullbacks to 21 ema again and again.
3. Stock above 21 ema should never be shorted so as to stay with the trend
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3. A stock which moves 10-15% above 21 ema will be too extended and hence will generally pullback
Stocks take dynamic support on 21 ema
4. You can Short only if its too extended like 15 to 20% from 21 ema ( Not advised )
#ADANIPOWER:
#pnbhousing
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1. Whenever 21 ema is sloping upwards its called uptrend
2. Whenever 21 ema is sloping downwards its called dowtrend
3. Whenever 21 ema is sideways its called consolidation
⏫Buy in uptrend
⏬Sell in downtrend
Examples:
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How to Draw
Support , Resistance and Trendlines ?
A Foundation of Stock Market !

A Thread 🧵
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What is Support and Resistance ?

⏫Support is an area for price , where it halts due to demand of the stock at that price .

⏬Resistance is an area for price ,where it halts due to Supply of the stock at that price .
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How to Draw S/R ?

You can use Any time frame for Drawing S/R and it works on all time frames .

Whenever the Price Reverses from an area for more than 2 times that area can be called as S/R .

You can use Line Tool Or Rectangle tool to plot this on charts .

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Types of Support Resistance
1. Horizontal
2. Moving Averages
3. Trendline
4. Psychological Numbers (100 , 200 etc)

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Reversal of Polarity .

Whenever Resistance Breaks , it tends to act as support and Whenever support breaks it tends to act as resistance

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My System for momentum trading🧵:

1. Stock Identification:

Daily and Weekly Delivery Analysis using @mystockedge
Theme Confirmation using Internet and Network

2. Stock Confirmation:

Relative Strength of a stock visavis market using RS55 model listed in @mystockedge

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3. Stock Participation:

Only when chart showing short term breakout along with RS55>0 and RSI>50. I am ready to leave some initial movements.

4. Position buildup:

Every time the stock gives a breakout from the previous swing high add more position and go all-in.

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5. Stock Exit:

I run two portfolios: Short term Swing and Long term Swing.

For Exit in Short term swings, I use a 2hourly Chart with super trend and RS. I am using @tradingview for the same.

For long term swing, I exit when the RS of the stock goes below 0. Period.

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Hi folks,

I am sharing my breadth Indicator which I use for market timing.

Sharing it for free to do my part for the community.
If you think it's helpful please retweet/share it with people who you think might benefit from it.

updated weekly on:

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#tradingtips
#EndofDayScans #free scans

Bullish Scan for 2nd Day Continuation
https://t.co/NywR2hxKhM

Bearish Scan for 2nd Day Continuation
https://t.co/AfNLATYnGm

Save them, Can find good plays using them for next day
I gave many winners here using same 🙏

@moneyworks4u_fa @shivaji_1983 @_gauravchopra Not just copper

#USDINR is headed towards is All time highs this month

High USD oil + high USDINR = big headwinds