#Freetip
Today's move is an example of this tweet. Save this chart for future ref. https://t.co/amUhSLrET3

#FreeTip Most of the stocks after coming out of a base moves 20%-25% after which it starts consolidating to form another base. So ideally book profits at 20%-25%.Only exception is when a stock goes up 20% within 3 wks of breakout,in which case hold for min 8 wks. O Neil Rule.

#INDICATORS
All my TV indicators can be accessed by adding to favorites from the below link:
https://t.co/vSyPBEvnLY
Notable ones r:
1) JPMUPS - contains all the pivots
2) Pivotshift
3) ADMIN
4) DPW
5) Pivotwidth for next session
......
and much more.

#SRF
2700
Breaking out of weekly box consolidation / W pattern.
The higher the tf, more effective the patterns. High possibility of going up further.
Long suggested at CMP for targets of 3300-3400 zones with a 8% stop.

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.

T-1 Psychology behind the formation of a candle - personally I feel that if one is aware of psychology behind the formation of candle than chart starts talking to you. So, here I am starting my journey of 🧵 with how actually candles form. Small but important for beginners 👇

Hammer - formed at the end of downtrend, opened sellers pushed the prices down, buyers came & pushed the prices up & close the candle above the OP. Shadow formed twice of body. Also observed at trend line & support zone. 👇

Shooting Star - formed at the end of uptrend, opened buyers pushed the price up, sellers came & pushed the price down and make candle close below the OP. Both hammer & shooting star should always be traded with the confirmation from next candle. 👇

Bullish Engulfing- formed after a downtrend. Price opened below the previous candle, buyers came and form a big green candle above the previous candle high if both candles merge can form a hammer. 👇

Bearish Engulfing- formed after a uptrend. Price opened above the previous candle, sellers came & form a big red candle below the low of previous candle. Merging of both form a shooting star. 👇

#INDICATORS
All my TV indicators can be accessed by adding to favorites from the below link:
https://t.co/vSyPBEvnLY
Notable ones r:
1) JPMUPS - contains all the pivots
2) Pivotshift
3) ADMIN
4) DPW
5) Pivotwidth for next session
......
and much more.

It's the weekend!

Grab a cup of coffee, in this thread I will explain

1. What drives valuation of a company?
2. Why some companies are valued at high multiples while others aren't?
3. What you should be looking for while buying a business?

Lets dive right in.

Not so long ago, Maruti released an ad campaign - 'Kitna Deti Hai'? (What's the mileage?)

Here is one of the ad's from the

The ad was on point - Indians before buying a car or any vehicle obsess over the mileage the most among all the other specifications.

We as a society are very value conscious.

Nobody has to teach us to drive a good bargain.

The logic for obsessing over mileage also checks out.

If a vehicle gives good mileage then over time as owners of the vehicle you will end up spending less on it in fuel and other added costs.

This ability to gauge long term value before buying something is magically lost when we enter stock market.

Here too you should be asking your stocks - 'Kitna deta hai'?

This time instead of obsessing over mileage, you should be obsessing over cash flows.