Top 10 price action (secrets) lessons which I learned after 6 years of experiences.
1⃣ - when market recover the strongest stocks recover very fast & will make new high.
Ex -#gael
after correction of #nifty fell then again recovered very fast & furious way 🌠
2⃣ - if stock never come to retest it's weekly & monthly breakout zone then the chances of it's 2x is much more.
Ex - #suppetro after BO 5 year never retest BO zone & consolidating near high.
Chances of it's 2x is much more 🌠
3️⃣ If any stocks gives BO of all time high or more then 1 year range with high volume then it can give 20/30% return in few weeks.
Ex -#mawana sugar after given 1 year BO of all time high given 22% return in 4 days
4⃣ - if its sector & market both are silent & only few stocks are trying to breakout then the chances of it's failure is very high।
Ex - #hindoilexp
In jan /feb trying to BO but market & sector didn't support 🌠
5⃣ - if any stock is accumulating or standing near it's big resistance or support then it's chances of BO /BD is much more.
Ex - #maithanalloy
From past 7 days was standing near major resistance, today given 14% move.
Next 5 lessons I shared in my YouTube channel must watch video 👇
And that 👇 5 lessons give you different perspective of price action.
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