#Nifty and #EEMA
Friends forever

On the index in the last 13 years most of the money was made in 3-4 years duration and rest 9-10 years were just waiting periods.

Stay invested with your strategy to get those short bursts.

$Gold up-move for the summer has failed. It may take a few months for repair at a minimum. Maybe a cold winter. Disappointing.

What a super chart....10 yrs of growth...with hardly any hiccups

#Alkyl

Brutal cut on Banks and Metals especially

A very nice SGB tool created by Mr Amit Wani

SGB Discount Calculator - Buy Gold at a 30% Discount!
@mtwn105

A Master thread on @Singh7575 Sir's Long Only Setups with examples on Charts!

This setup is a gift to anyone who trades long ideas and those who want to trade in CASH due to Capital Constraint. Fits best for people who don't do FNO as this picks some amazing scripts.

1⃣ Before heading on to the set-up we want to make sure the entire system credit goes to @Singh7575 . We are just here to share it and make people aware of such simple set-ups that can give money considering risk is

2⃣How to Set it Up?
This setup best fits in @tradingview /@zerodhaonline or any broker that provides charting. We only need 2 Indicators.
Indicator 1- 13EMA
Indicator 2 - 34EMA
Both indicators are compulsory and should be exponential(EMA) instead of Simple moving average.(SMA)

3⃣ How to use this Setup?
Whenever this Setup meets a condition where 13EMA crosses 34EMA from below as depicted in the chart. Whenever the 13EMA crosses 34EMA from below it is a LONG (BUY) SIGNAL.

❗️Timeframe needs to be Daily Only!

4⃣ When to Place Order?
The Condition is to place order above the Day's High when crossover happened. Place buying bid above Previous Day’s high. If on current day the stock
doesn’t cross previous day’s high, place a buying bid the next day above current day’s high. For E.g.

see stocks where open = high/low .. and see how the candle is progressing.. if going strong then the trend can continue for the day :)
also keep lookout for the OI or volume change from yesterday if big enough, then major action is on the cards

(1/n) Some notes from my trading journal – A thread
With this thread I shall attempt to explain how I select my trading picks.

I have learn't this concept from @markminervini 's books. Hope it helps.

#Trade #Investment #invest #StockMarket #stocks #india

(2/n) Stock trading above 200 and 50 DMA

Buy high to gain higher. CMP above 50 Day Moving Average (DMA) and 50 DMA above 200 DMA signifies the stock to be in an uptrend. This is an uncompromisable rule. @ZerodhaVarsity @zerodhaonline
#stocks

(3/n) Volume

Volume is the key factor. The stock should show clear signs of accumulation. Generally, accumulation should happen over multiple periods of time. Attached image in the case of #BALAMINES can be used as an eg.
@ZerodhaVarsity

#stocks #StockMarket

(4/n) Surge

A stock should be bought either when it’s in stage 2 or when it’s forming a base after a surge. Surge is an upward move in a stock. The best trades are those when a huge surge happens in a very short time frame. Eg #FILATEX
@ZerodhaVarsity

#stocks #StockMarket

(5/n) Consolidation

After a good surge, a stock generally consolidates. This means the stock is in its resting period and will trade only in a range. This phase will be coupled with volume dry up. Tight range with low volumes are the best setups. @ZerodhaVarsity
#stocks

Thread on Importance of Mean Reversion

U must have remember the charts of auto sector breakout on last monday,potentially poised to be the next leader in the rally.
But since then it just fell bad and deep
Breaking the breakout bar low

1/7

The seemingly convincing breakout retest structure in abv daily chart takes a cocpletely different picture in u open the chart in weekly TF

shooting start at the resistance line of a triangle and at a major supply zone

2/7

Major stocks such as heromoto, maruti, eichermot and babajauto are already trading below the breakout level it established on monday when sector broke out

3/7

This poses a serious question on the risks associated with breakout.

Popularity behind the breakout is the fact that it doesnt need any skills to spot it, even a 90% blind man can spot it in any chart, because the price just sticks out from the rest by a very big margin

4/7

But think about a completely diffferent method where the price makes a clean move and the risks assicated with it is cubstantially less.

Price available so cheap and at support

5/7