Stock investment pattern and positional buy pattern gives the best results for investment.
Positional Buy: cmp > ema5 > ema20 > ema50 and cci > 100 (alignment + momentum)
Stock investment: cmp is 50% up from 52weeks low and cmp > sma50 > sma200. #investment
Investment pick based on above patterns.
Multi time frame upside.
#NMDC
Why this stock?
Stock is more than 50% up from 52weeks low and trading above 50 sma and 200 sma and cci > 100
Recently break out.
Targets 140, 155
SL: 116
Always has risk reward ratio and do the position size. Never risk more than 1% in a single trade.
Here is a example:
If my entry at 126 and sl:116, risk: 10
Target: 150, Reward: 24
Risk:Reward=2.4
These made using position calculator ssstockalerts.in/stocks/view/#/… #ssstockalerts
1. Trade can initiate the next day opening price with 1% or 2% of stock price as SL.
2.Risky Traders can enter into trade at 3.15 to 3.20 pm on the same day when price crosses above the monthly pivot point.
3. Target can be 2% or 3% or 4%
4.When we back tested with 2% SL and 4% target given the best results.
5.User can keep any of these risk rewards
Risk reward ratio: 1: 2
Risk reward ratio: 1: 3
Risk reward ratio: 2: 4(Given the best results)
6.User can close the trade with in 3 days if they achieve target or if SL hits.
7.If user wants to continue the trend then SL should be moved only when they achieved initial target. 8. You can add any other indicator for confirmation eg: SMA 20, ADX > 25.
Scans -> Investment patterns -> High Momentum pattern.
Conditions to qualify stocks in this criteria: 1. Min price should be greater than 30 2. The current price must be at least 50% above 52 weeks low.
3. The current price must be within 25% of the 52 weeks high. 4. The current price must must be trading above 50-day and 50sma > 200 sma. 5. Every 6 weeks should have made new high. so check last 6weeks price is greater previous 6 weeks high price.
> Now click on patterns > candlestick > dragon fly doji pattern
> It will highlight on the chart where it occurred in the past also.
> Now u can check whether this pattern is respecting this stock or not.
> It is easy to backtest with ur eyes.
> U can check the same thing for Daily/Weekly/Monthly also.
> Once u found , stock is respecting this pattern then take position based on that.
Started reading the A complete Guide to Volume Price Analysis #book#VPA
Based on my understanding created below patterns 1. Price and volume raising
> Bullish: price closes above the previous candle and volume is greater than previous candle.