Island Reversal is a short-term pattern depicted by two gaps roughly at the same level thereby giving it a shape of an island surrounded on two sides by a gap.

Remember - a short-term pattern to trade.

SBI

Praj Industries - keep on the radar. Price is telling something. Smart money most probably pushing out. Strict SL needed. Volatility contracted.

Laurus Labs - I will look forward to add more of it in my investment portfolio between 570-590 zone as it coincides with my 30 MA principle on weekly chart.

Plan your investments as per your risk appetite.

Swing Trading Strategy
That can help you generate Monthly Income !
A thread 🧵
Using RS , MACD , 21 EMA and Price Action
All Concepts with charts Explained !

RETWEET AND SHARE !

UNDERSTANDING MACD
Moving average convergence divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of stock.
It is calculated by subtracting the 26-period exponential moving average (EMA) from the 12-period EMA.
2/n

The result of that calculation is the MACD line. A nine-day EMA of the MACD called the "signal line," is then plotted on top of the MACD line, which can function as a trigger for buy and sell signals.
3/n

Traders may buy the security when the MACD crosses above its signal line and sell—or short—the security when the MACD crosses below the signal line.
4/n

UNDERSTANDING RELATIVE STREGTH
1.Relative strength is a strategy used in momentum investing and in identifying value stocks.
2. 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.
5/N

The Darvas Box Trading Strategy
A Detailed Thread 🔖 + 1 Book Give Away !

Rules For Giveaway :
Follow @JayneshKasliwal
🔄Retweet and
♥️ Like this Tweet
One Lucky Winner will be Selected
#StockMarket #darvasbox

About Darvas :
In the late 1950s, Nicolas Darvas was one half of the highest paid dance team in show business.
Darvas turned a $36,000 investment into more than $2.25 million in a three-year period.
1/n

It was on a two-year tour of the world that he initially developed his ‘Darvas Box’ method of screening stocks – a method of picking stocks based on the stock’s price and volume .

Read more About his life :

Trading Style :
TREND FOLLOWING MOMENTUM TRADING
📌Darvas was tracking stocks only making new high
Trading stocks breaking 2-3 year high.
📌But 52-week high is mostly tracked for this theory
📌Emphasized very much on Huge volume Breakouts

A typical Darvas Box Chart :
3/n

Rules to Follow :
Stock Price Should be within 15 to 20 % of Highs
Overall trend of the stocks should be up and greater than 200 ema
Preferably 100% up then the 52 week low
Look for Industry Leaders , with High Growth
4/n

@Prakashplutus Gold price is inversely related to the bond yields.

Higher the bond yield lesser the #Gold
#US02Y

#Inflation in #Eurozone remains high , uncomfortable for #ECB & #FED also has to take notice
Should strengthen #Euro & weaken #USD on immediate reaction, pushing commodity prices higher
#CrudeOil #Metals #OOTT