When trending, especially above #movingaverage, ignore this behaviour of #MACD .
I use MACD for reversal points only.
Do not follow it at every 5 minute.

@chartmojo #Asianpaint
Price & Time correction seems concluded and a fresh upmove has commenced.
Holding 2990, a LRHR trade possible here.

#deepakntr (CMP:2133)
A LRHR trade
"ABC" correction seems to be over.
Holding 2110-2115, likely to head to 2200-2220 in a day or two.

What is #Trendindicator ?
Technical Analysis with "Macd"

Do back test on index & stocks in #Tradingview chart using MACD, how your trading positions would have been on the right side!

https://t.co/I2n6qX4TL2

Spend just 15-30 minutes to learn a skill
with 100% focus & attention

#Tool
Inside Day + Inside Week + Inside Month Candle pattern filter in Chartink. These stocks have high chances of breaking out / down.
Use at your own risk. Not specifically tested. Logic is based on common

My simple Approach towards Breakout trading :

1. Scan stocks on the basis of FTDB Scanner.

2. Buy stocks with EMA-9> EMA-21> EMA-63 > EMA 200 & Volume 200% up

3. maximum SL of 1.25X ( ATR )

4. I do breakout trading only in Nifty -500 stocks

#StockMarket
#trading
#Nifty

This is in response to the question by @unseenvalue

If I had to buy 1 stock today, anywhere in the world, no avg. up or down, 5 year holding period (I will make that as 10 year for thesis to play out)

Since I track mainly Indian equities, restricting the choice to this space

Few points to look for
1. Strong macro tailwind rather than headwind, huge growth runway for company/segment. It can't be in a niche space & demand must not be easily substitutable
2. Strong Biz Model, high growth curve (15%+ over the period), strong ROE profile (hurdle rate 20%)

3. Low or no leverage, efficient capital allocation, (read minimal or zero fresh dilution requirements), strong cash flows and correspondingly high dividend payout ratios (consistent dividend history) and finally strong moat and with limited regulatory involvement / no reg issues

4. Promoter quality and intention must be beyond reproach, proven management with skin in the game
5. Capability to manage disruption, and if possible to even profit from it. If you can't be disrupted easily, you will eventually adapt your game to gain scale

6. There must be a possibility of non-linear growth if the scale-up hypothesis gets proven right. It's like an FD with low fixed return plus significant upside optionality. Multiple revenue streams / margin levers / IP that can provide non linearity in growth

The biggest winners have great earnings on the table right near the start of their massive mega move.

Look for Eps growth and acceleration stocks

Your big winners of the next bull market will most likely be from this list

Proven methods followed by achievers like WON , DR