Detailed thread as I promised to RIDE THE TREND with super ease✅

Do read fully as it starts from basic to end & can be long one...

Do retweet & like as this is yrs of my hardwork in few tweets (1/n)

1) For riding trends, first you have to understand trends - Here is how a complete cycle of stock looks like..Stock has 4 stages...We need to be in 2nd one to make money.
Now here we go deeper into stage 2 (2/n)
2) Any stage 2 has phases as this is not a linear journey but the stock will set up multiple bases in between...Below is the example of Balaji amines that highlights how the stage 2 in reality looks now.....
3) So a Stage 2 has periods of bases in between which are the typical resting period for digesting earlier gains. Theoretically looks like this..Stage 2 then a base within stage 2 and stage 2 resumes....
4) The real question is how to ride trend between the bases peacefully so that we don't have to wait in consolidation.
5) Look at the below pic & the marked area are the movement we want to capture before stock starts resting again..Net made 630% ..Instead of 1 single trade this can be divided into 4 trades thus managing risk of full trend reversal
6) Now how to ride it - We use full weekly chart for this..Pictorial this is how the overall trend looks like with the 10/20 EMA . As trend picks up 10 EMA will start rising
7) Till know you should have understood how an ideal stock looks like ..Breaks out stage 1, enters stage 2 ..In stage 2 it will have resting period that can be any in number buy any base after 3rd one is extended therefore base counting is essential
8) Now 2 ways to do this - 1) Ride and sell into strength (Using trail mechanism) & 2nd is using 10 W EMA
..Let's see 10 W EMA first
9) Use 10 W EMA breakdown as a point to exit - In case of balaji amines we was successfully able to sit through all bases as the price never broke 10 W moving average..If you entered from Base 1 break - returns 600%
10) Not every stock is so good with low duration bases in between. In many stocks you will find 3-5 months of consolidation in between like in nitin spinners..Read chart below
11) Therefore though 10 w MA is a good way to ride the trend but it can run you through long bases within a trend too & money is ideal..For overcoming this I use weekly trailing rules as in below picture for example using ignite bars
12) If Ignite bars is too big like 17-20% then it's too much room. Therefore in such cases I will go to daily and trail using ignite bars....Net made 55% ..Do this multiple time from bases to bases and you made more than 100% again
13) Summary - Find right trend using 10EMA + Stock breaking out of sound base + then use 10 W EMA (for selling into weakness ) or for max benefit use trailing stop loss rules and capture major upmove part before stock sleeps again & gets ready for another base. Keep repeating
14) I have a 3rd riding tool which can also help out a lot..Will write about it if we get good interaction in above & if people are reading until here to like this one
Final - That's it from my side as I promised...Weekly charts are boom with so much clarity..Use 10/20 EMA for riding & direction of trend..

I tried to write as much as I can but each tweet has logics for more than 40 min to explain - You can explore - https://t.co/vVK8YQvrYe
Thanks a lot for reading ..Do let me know in case of queries !!

More from EquiAlpha -MidTerm Momentum🐎🐎

As I said yesterday, I will be sharing the some of my screeners in this thread 🐎

Please note Screener will help you to reach momentum but you need to see chart & further segregate trends manually (1/n)

Do retweet & like so that it reaches maximum people

Screener 1) +ve ADX DMI Breakout to find out where the action is going on a particular day, you can then look onto stocks and find setups and patterns to trade.

Link -
https://t.co/fIKlWSloNw

(1/4)

Screener 2) Going one level more deep into ADX where we find up stocks which are already in trend on weekly

1) Weekly ADX >25 indicating the trend is already there
2) +DMI breaking out
3) Stock within 15% of 52w high
4) Stock above 200 SMA

Link-

Screener 3) This is based out of within 20% of ATH Stocks. I have also added few fundamentals to it. You can change variables according to it

Link -

Screener 4) RSI which is a momentum indicator

RSI breaking out can give you names where momentum is picking up and then you can look onto charts for buy points

Link -

More from Screeners

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Margatha Natarajar murthi - Uthirakosamangai temple near Ramanathapuram,TN
#ArudraDarisanam
Unique Natarajar made of emerlad is abt 6 feet tall.
It is always covered with sandal paste.Only on Thriuvadhirai Star in month Margazhi-Nataraja can be worshipped without sandal paste.


After removing the sandal paste,day long rituals & various abhishekam will be
https://t.co/e1Ye8DrNWb day Maragatha Nataraja sannandhi will be closed after anointing the murthi with fresh sandal paste.Maragatha Natarajar is covered with sandal paste throughout the year


as Emerald has scientific property of its molecules getting disturbed when exposed to light/water/sound.This is an ancient Shiva temple considered to be 3000 years old -believed to be where Bhagwan Shiva gave Veda gyaana to Parvati Devi.This temple has some stunning sculptures.