Trendline is basically use for majoring trend 📈 of any stock.

It is also useful for indentify demand & supply ....

Here it's applications 👇

➡️It is formed when a diagonal line can be drawn between a minimum of three or more price pivot points.

And that all three points must tested equally.

example 👇 #sis
➡️ Trendline is mainly useful for identifying trend 👇

⚡Uptrend - #happiestmind

⚡Downtrend - #bluedart
➡️ It is also useful for support & resistance.

Ex - ⚡ #happiestmind

⚡ #omaxe
➡️ If three point 📍have not be touched clearly then it is wrong ❌

Ex - ⚡ #bluedart

⚡#zeemedia
➡️ It is also useful big trend changing move 🚀

⚡After 4 years of consolidation #sis is ready for trend changing .

⚡ #adanipower is also consolidating from 9 months now it's trend going to change after trendline BO
Hope this is helpful 🙏 for inhance ur knowledge 📚

Follow @Trading0secrets more techincal threads 🧵

Next thread 🧵 I m going to make on demand & supply (zone) .

More from Vikrant

The cash strategy 👇☢️👇

1⃣ #stock selection process - always choose that stock which are consolidating near all time high.

(Because whenever stock will give all time high breakout then it will easily give 20/30% return in 1/2 months

U can use trading view scanner for that.


2⃣volume analysis - In that consolidating period volume should be high of up move days then down move days. And last 3/4 month volume of accumulation is much higher.

3️⃣ fund diversification - always deploy your capital in 3/4 stocks, not more then that or not less then 3.

And, your 3/4 stocks must be from different different sectors.

4⃣comunding magic - If you hold 10 stocks then if 2 stocks will give 100% return then portfolio impact is 20% only. (here time period is 8/15 months)

If you hold 3 stocks out of them 2 will give 40% then ur portfolio impact is 25%
(Here time period is 1/3 months)

5⃣sectors analysis - always choose that sector stocks which are near support or breakout stage.

If any stocks is out of nifty sector then u can open stock scanner website and check their peer charts. If out of 5 , 3 are strong then u can select that company.
I really love ❤ every tweet of @markminervini sir

But out them 5 are incredible 👍

Which are also summary of his book.

Here are that five 5⃣ tweets 👇

https://t.co/vKMVxF137t


https://t.co/nGrDHlRkuA


https://t.co/8DtxnJf0Bo


https://t.co/ROihOUjesI

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