Something based on my experience:
In a truncated week (like this week), Assets move against the trend.
So if the trend is up, in a truncated week the assets can move opposite to the trend.
#Nifty #Markets.
More from Gunjan Dua, MBA, MFA, CMT, CFTe 🪙⛽️🛢🇦🇺
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This scan will give you linear/smooth/non-choppy trends which are great for pullback trades for working people.
#BroTip
#BroTip
If you want to trade only stocks with established trend/momentum, then you can look for stocks which have never(or barely did) closed below a certain MA (say 50MA) in the last say 50 days.
— Manas Arora (@iManasArora) November 8, 2021
There are countless ways to run scans. Just have to get creative. #BroTip