Excellent move in #TATAPOWER today.
Signs are all over the place, you just needed to read them. https://t.co/17bwpa1psj
#TATAPOWER is consolidating nicely around 50 & 10-DMA.
— Ravi Sharma (@StocksNerd) April 1, 2022
3 Pocket Pivot days in the last couple of weeks are signaling the interest of buyers.
4 months long base.
Steady growth in Earnings & Sales in the last 3 quarters.
Relative Strength: 77
Group Rank: 22 pic.twitter.com/2WFeUGiV1z
More from Ravi Sharma
I have made some minor tweakings to this timing model since this tweet but it still will give you an idea and primer 👇
Trading 101 with SmallCap Index
— Ravi Sharma (@StocksNerd) August 20, 2019
1. Swing trades when bullish divergence in MACD-H forms
2. Breakout trades if Index closes above 22-Day high
3. Pullback/Pocket Pivot trades if Index consolidates constructively while13-EMA>22-EMA
4. Sell, go cash if Index breaches 10-Day low, NQA pic.twitter.com/u8VjXrU0Re
You would find the roots of all patterns, especially the trend/momentum following ones in their methods.
Once you get the dynamics of Price/Volume, any good book on chart patterns will do.
Any book in which we can read such patterns and the knowledge you have?
— Krish (@MasculinityMon1) August 13, 2021
For my trading strategy, 13-day & 22-day EMAs are more suitable.
If SmallCap dips below these MAs & they get into the bearish sync, I get cautious & reduce my position size.
Sir as you follow the smallcap index,do you take full positions when it\u2019s trading below its key moving averages or wait for some confirmation? pic.twitter.com/ph6HTJ9rbD
— Dhanesh Gianani (@dhanesh500) November 30, 2021
I highly recommend this book to all the beginners in stock market.
Sir, if not wrong you taught MACD -H in your elearn webinar also? From where you have learned it?
— Prakhar (@Indiantrader101) August 23, 2021
* Trading for a Living
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
Breached 145.80; Holding up above the level would be a bullish indicative.
Potential upside incoming towards 160 in short term & 240 in medium term. https://t.co/z2xAr1UA46
#TATAPOWER Update
— Gurleen (@GurleenKaur_19) September 15, 2021
Moving Swiftly towards 145.80; Once the level is taken out, Potential upside towards 160 in short term and 240 in medium term can be witnessed. https://t.co/zUII5RLPcI pic.twitter.com/dDk5C2PGoI
A good portfolio stock for this calender year!!
here is the technical chart with approximate lengths
cheers https://t.co/b5plJ1EqxT
In the power sector - recent entries
— Moneyspinners - Work Hard, Dream Big!! (@Jai0409) April 5, 2022
-Tata Power
-Borosil Renewables
will share EW charts, stay tuned
cheers