If you look into the #weekly #chart you can see clearly if a #stock is under #accumulation or #distribution.

– If volume is above average and it was an UP week, it's accumulation.

– If volume is above average and it was a DOWN week, it's distribution.

@BlogJulianKomar

Dear Friends,

Here is a video on weekly breakouts. It explains how we pick the stocks for positional based on weekly breakouts.

Step by step guide for weekly BO analysis with scanner details.

https://t.co/fDq74d7s4v

#Areaofvalue analysis
#CDSL
Buy near 21 SMA support. This stock respects 21 SMA for 84% time. Backtested for last 1 year.

Candle size is getting smaller and volume also less then avg volume.
Any time it can reverse from here.

Help/Support
https://t.co/rRCfjf3KIi

Weekly breakout stock selection process:-

1) Log into https://t.co/tiGBjCOHDM and select scans context. Go to advanced mode and select Weekly breakout stocks scan
2) This scan has 3 patterns.
A)High Momentum on weekly is based on Mark Minervini pattern.

1/n

Mark Minervini pattern ( stock up by 50% from 52 weeks low, price is within 25% range from 52 weeks high, price higher than 50 sma , 50 sma higher than 200 sma)

B) Resistance breakout on weekly,

C) Green Strength candle on weekly.

2/n

If the candle body (open-close) ratio is higher than 50% of candle height(high -low) is considered as a Strength candle.

3) Further filter stocks above 50 rs & volume above 1 lacs & you get the list of good stocks as we are eliminating low volume stocks.

3/n

4) View stocks on weekly chart having support & resistance, HH HL, LL HL, SP (swing point) & 20 Sma pre-applied.
5) IF ANY STOCK HAS RUN MORE THAN 15% in a week, I AVOID those stocks, as it can reverse or consolidate & SL will be more points.

4/n

6) My favorite chart pattern is Stock ran to 52 weeks high and it ran a minimum of 100% from its 52 weeks low price also given a pullback with less volume and then a breakout should happen from a recent high with good/highest volume.

5/n

Top 12 Fundamentally Good High Growth Stocks for Fast Returns:

🥏Easy Trip
🥏Tata Elxsi
🥏Divis Labs
🥏Indo Borax
🥏Dixon Tech
🥏Likhita Infra
🥏Paushak Ltd
🥏Apollo Tricoat
🥏Navin Flourine
🥏Anjani Cement
🥏InfoBeans Tech
🥏Happiest Minds

Repeat msg ::
Keep booking profit and deleveraging as mkt moves in your direction, few examples of money/position management
1) Book future and add In the money option
2) Book In the money option & buy Out of money
that way u can ride it while wont mind if sudden reversal comes

stoploss & slippages : a thread to understand how to avoid big slippage when you get stopped out #Qunat #AlgoTradeing #Nifty #stoploss (p.s. this is just an effort to educate & example is for illustration only.) hope this helps.

1. NSE maintains two orderbooks one which has all the bid & ask offers till its full depth 2. is stoploss orderbook which is not available for anyone to lookup unlike the 1st one.
you can place two type of stoploss orders one is SL-Market & SL-limit

These SL orders gets recored in SL-Orderbook in 1st come 1st basis for that mentioned trigger price
ex. 1) 9:20 -> SL order trigger at 100 qty 500
2) 9:45 -> SL order with trigger at 100 qty 500
3) 11:30 -> SL order with trigger at 100.5 qty 500

Now when price is dropping and as soon as it starts hitting the trigger prices mentioned in SL-Orderbook .. these orders get released in pubilc bid ask orderbook. in this case for our ex. trigger execution order will be 3,1,2

for this particular day market opened gap-up, for lot of traders this becomes bullish bias .. with this bias market was in very narrow trading zone giving everyone opportunity to enter .. majority of ppl will keep SL below nearest swing low.