Fake Breakout : Price crosses over the resistance but does not get follow through. Bearish Engulfing is seen at these levels.

Legit Breakout : Price crosses over the resistance & gets follow through. Pin Bar is ideal candle at these levels.

Bajaj Finance

Price Action Explained In Steps.
++++++++++++++++++++

1. Navin Flourine & BEML : Consolidation In Tight Range
2. Whirlpool : Double Bottom After Down Trend.
3. Zensar Technologies : Cup & Handle

STOCKS AT ATTRACTIVE LEVELS.

#TCS

⚡️Cup & Handle Pattern.
⚡️Price Closed Above Neckline.
⚡️IT Sector Breaking Out.

🧑‍⚖️@priceNpedia

SEQUENT SCIENTIFIC :
++++++++++++++++

Price moving in a upward channel. Gets halted
by the coflunce and moves in a trading range.
Price at key weekly support with narrow spread
and falling volumes.

Upside of 20 - 30 %

#pricenpedia #stockmarket

CHARTS OF THE WEEK
++++++++++++++++++

1. CAMLIN FINE SCIENCE : Breaking Out Of Triangle.
2. ONGC : Trading Range Break Out.
3. Manappuram Finance : Trading Range Break.
4. SYNGENE : Cup & Handle Pattern.

#priceNpedia

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.

In a recent interview with Udayan Mukherjee, the big bull Rakesh Jhunjhunwala made an interesting bold statement - "I think nobody has read the Electricity (Amendment) Bill. Once it passes, it will be bigger than 1991 reforms."

A thread🧵dissecting the ongoing Power reforms 👇

2/17
In summary, the Amendment Bill 2021 says:
⚡️ Delicensing of state monopoly- open to competition
⚡️ Consumers can choose discoms (like telcos)
⚡️ Smart meters to plug leakages
⚡️ Easy resolution of disputes
⚡️ Right to 24x7 electricity
⚡️ Rewarding consumers shifting to solar

3/17
We'll discuss these in detail. But first, some context.

India's is the 3rd largest consumer of electricity. But also one of the most inefficient (measured via AT&C losses - electricity that is generated but does not reach intended customers)
AT&C: 22% vs 8% global. Chart 👇

4/17
Currently, only 9% Indians are served by private discoms (Mumbai, Ahmedabad, Delhi).

AT&C loss for Delhi has declined from 55% in 2002 to 9% in 2020 after power distribution was taken over by three private licensees. Makes a strong case for broader delicensing of discoms.

5/17
What are discoms?

The Power value chain:
Raw material (Coal, Fuel) --> Generation --> Transmission --> Distribution --> Consumption

In this chain, Distribution companies (or discoms) have been the weakest link for last 3 decades.

To those who thought FMCG goes only one way, investing is super easy. buy quality FMCG at any valuations, do check history, though, its one of best sectors, it does test lot of patience

🥏Lots of my followers were asking or interested in knowing abt d name of stocks i holds in my non core portfolio for long term.
🥏I m sharing d list below. Do ur own due diligence before investing. 🥏Some of the stocks in the list i feel can create immense wealth in next 10 yrs.