When I look back at my chartbook - get only one lesson.
Never ever book your profits at the target. Trail the stock till it goes. For LT investors, long-term charts with MA. Targets are to calculate the R:R ratio at the buy point.
Tata Power
More from The_Chartist 📈
I believe 5-10 stocks are enough for a retail investor to achieve super performance. And with small capital, there is no point in buying 20/30 names which doesn't even get appropriate initial capital.
Stock: CDSL
— Steve Nison (@nison_steve) December 16, 2020
CMP - 516.95. Low risk setup. Weak below 500. Target open. Stock retesting the ascending triangle BO line. Kindly check please. @nishkumar1977 @Rishikesh_ADX @VijayThk @kuttrapali @Thekalal @PAVLeader pic.twitter.com/PlcpOMsdnz
Explained you same concept with Elxsi. The real test of a strong Breakout is that the big hand will not give you another chance to buy the share at the breakout level. They will absorb all the selling of weak hands. I mean "STRONG breakout". https://t.co/7fxFqGQl3p
Tata Elxsi ---
— Steve Nison (@nison_steve) June 30, 2021
In the last 10 minutes, all the selling was absorbed despite intraday positions being squared off (if not converted). will wait for the EOD data. However, the chart structure is extremely strong. https://t.co/pci7GCDBEO pic.twitter.com/1NBD9V3mKc
Nifty Private Bank https://t.co/BwG1DKhhLc
I am watching a big bearish H&S top building up in Nifty Private Bank Index. Any breakdown will result in increased volatility in respective charts. For traders - definitely not a spot to be in. The index has to move beyond 19900 to negate the pattern. pic.twitter.com/IGFeyNrtQV
— The_Chartist \U0001f4c8 (@charts_zone) June 19, 2022
More from Tatapower
Near well defined support our work is only Manage the risk and qty .
#tatapower update chart setup
#Investment #stocks #StockMarket https://t.co/Wkv8YDSFJ6
#tatapower chart #update
— Prasanta Pradhan \U0001f1ee\U0001f1f3 (@Mysterychart) March 29, 2022
I just love horizontal boundary #Investment #investing #StockMarket https://t.co/rfuzNq2Peq pic.twitter.com/5LtHjp6UCy
Otw to 235 & 285 https://t.co/JgvNjKT3al
Tata Power - perfect for fresh long. Weak below 70. @nishkumar1977 @suru27 @rohanshah619 @indian_stockss @sanstocktrader @BissaGauravB @RajarshitaS @PAVLeader @Rishikesh_ADX @VijayThk @Investor_Mohit @TrendTrader85 pic.twitter.com/dfrFtr4yi9
— The_Chartist \U0001f4c8 (@nison_steve) December 18, 2020