I decided to do case studies of super performers of past few years for research purposes. Will publish some of them here for learning purposes. Today am publishing case study of #AvantiFeeds of year 2017. (1/n) #CS1
We need a beginning point to start studying, and here we will use the point from where we'll determine that the stock is in Stage 2. This is Jan 2017 chart on weekly.

I used bar replay feature of tradingview for this study. On weekly charts these are 10 & 40 period EMAs. (2/n)
And we got our first setup very soon. This is a weekly inside bar, which can be used for a swing trade. WIBs are not bases, they're only temporary pause in upmove, so our expectations should be according to the setup. (3/n)
After examining the setup on weekly, we need to move to daily to see what is the situation inside the consolidation. And our entry & SL will also be determined on the basis of daily TF.

Here am using 10, 20, 50 & 200EMAs on daily which are very common & widely followed. (4/n)
It has been a week & we didn't got the entry! Looks like the stock is gonna make a proper base which is actually way better! Lets switch to weekly & see what's happening!

Blue callouts are written on daily while red ones are written on weekly TF. (5/n)
So the stock gave us a 3 bar consolidation inside the mother bar. The volume had been average and the setup looks good, hence will take trade as per planned earlier.

And it gave us entry!

Mistake- I forgot to switch back to weekly layout here!
In daily, the consolidation looks even better. A great trade would have been a pocket pivot entry! We would have got the breakout of the consolidation marked by orange callout through this Pocket Pivot entry.
Now see the trade management here! Wonderful tennis ball action seen, and we decided to add some position but with small target! (8/n)
Position trimmed significantly ahead of untested BRN. Price are extended hence expect profit booking here.

The megenta color callout is used to indicate selling. (9/n)
And price reacted as per expected & took out our TSL! And here we learnt 3 important lessons about trade management & profit booking! (10/n)
Now moving back to weekly! Price gave us a 4 week consolidation at BRN, with last week appeared with narrowest spread! Volume contraction on the last week would have made setup better. Anyways!

Price moved better than how we would have expected, but without us! 😖
Kept on tracking on weekly & sooner price made a 3IB setup here. The move post gap up is a huge sign of strength & the price holding tightly near the highs of the gap up week is another good sign. Lets move to daily & see what's going on there.
While everything is good, we had another untested BRN at 500 placed nearby. Need to be cautious while planning a trade here! (13/n)
Got entry on a whipsaw & SL triggered! (14/n)
Moving back to the weekly chart. After shaking us out, price moved back up & sets up again! Lets move to daily & plan a trade there! (15/n)
The setup improved, and we plan another trade here on daily! Shakeout brings a lot of confidence in the setup! (16/n)
We got entry in this third trade, and a quick pyramiding opportunity appeared very soon! Excellent!

Lets make it big when things are falling into place! (17/n)
And 2nd pyramiding opportunity comes! Should we add- we can, if we are aggressive, if not, then trail SL. (18/n)
So price is approaching another BRN, will book some profit for our safety as we are sitting on healthy profits here! (19/n)
And BRN acted sharply then what we were expecting! Took out our TSL!

Looks like a probable shakeout, but need confirmative action!(20/n)
Switching to weekly! Sudden gap up, but didn't held the gapped up level! Unusual volatility, better to remain sideways & observe! 👀

On daily! Stock is silent even after earnings! (22/n)
And WIB appears! Probable trade setup. Will see on daily & plan trade here.

Daily is also posted with Weekly! (23/n)
Entry didn't got executed! Need to move back to weekly & see what is happening! The contraction is still looking awesome. (24/n)
Awesome Flat Base setup forming. Price is nearby 10 Week EMA as well.

See the last week in setup, WIB with least volume. Can act as a pre emptive entry point if we have any breakout level on there on daily.

Switching back to daily to plan trade. (25/n)
On daily. Entry & SL planned! (26/n)
Trade 4 is active! Price is volatile post entry. We have back to back 2 entries here. (27/n)
And opportunity to plan 2 more entries here! Atleast we will use this to add one position. (28/n)
Now approaching BRN, we will derisk by booking some profits here. (29/n)
Price consolidates little & moved back up. Now on indecisive candles. Trend is becoming steeper! Signs of caution! (30/n)
Abnormal action! Lot of built-up supply in price & the trend has become old now. Need proper time to exhaust supply! (31/n)
Range expansion! Fakeout! We hadn't planned any trade here, but if we have any open position left, this range expansion had given exit to them. (32/n)
And Stage 2 exhausts right ahead of BRN. Range expansion caused major break in price & it never came back to prior highs anymore!

Both on Weekly & Daily! (33/n)
With this out 1st #CaseStudy concludes. I hope it would've added value. Will love to listen questions & feedbacks on this study.

Express your love if you liked it, kindly like & retweet- it really matters to me! Will share more such studies if I get encouraging response!


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More from @swing_ka_sultan

20 Sep
Thank you everyone for participating in the poll. As expected most people do not believe that it is possible to catch tops & bottoms, & they are not entirely wrong. I will love to share my opinion on this subject as well.

I believe it is possible (1/n)

to catch tops & bottoms though not in every stock. But many stocks often show clear signs of top & bottom formation and I myself had caught many tops in past, but as I was never been interested in bottom fishing, I never tried to buy at the bottom.

Catching Tops & Bottoms (2/n)
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The Aha! moment of my career came when I started looking at price action as a study of market psychology. My thought process is built upon 4 fundamental rules which helps me understand what the market wants to tell. And due to this, I never find myself confused with any (1/n)
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1) Thinking in terms of suddenness, extremes and urgency - this is important for chart reading.

2) Thinking in terms of expectations and expectation failures - helps with understand what major forces are (2/n)
doing, how they are reacting to what is looking obvious.

3) Thinking in terms of Decisiveness & Indecisiveness - helps a lot with my decision making process.

4) Thinking in terms of Risk vs Reward - Helps in refine my decision making process, this is more of an (3/n)
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As you guys are relentlessly working towards bringing in cool features for you customers, I have a request (1/n)
& also wanna derive your attention towards a problem on kite web. Let's start with request.

Am a swing trader, I place my SL using SLM orders in morning for my open positions. Sometimes I have to leave my trading desk during market hours as well, so I remain assured. 2/n
that my SL orders will take care of any adverse situation. Now problem appears when I want to book profits in a trade. I have to put limit order for that price, but I can't do that without canceling my SLM order. And if I have to leave my trading desk in such situatio 3/n
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Most of the trades fail due to questionable setups. And in an environment like such, when everything is giving a breakout, it is very difficult to select appropriate setups. Specially due to FOMO: we often try to have every stock in our portfolio which is breaking out. 1/
Result- over trading & trading faulty setups!

The best way to avoid this is to have a proper trade selection checklist. This checklist will immediately tell you whether you should be taking the trade or not, and even if you'll be taking the trade, what are the probable 2/
risks involved. Having the correct context & a good setup is extremely important, because it is the context which actually we are trying to ride upon, and it is the setup where the accumulated supply settles & stock gathers energy for its next leg of upmove.

To help you how 3/n
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11 Aug
IMHO, tightness in price can't be sufficient for a trade selection if the context is not in sync with the direction of your trade. Tightness will create temporary velocity, as volatility tends to expand after contraction, but will face OH supply as it 1/
moves up. More than temporary excitement it causes due to speed, important is that your trade meets the target.

With all respect to your knowledge & experience, I trust & admire your capabilities to deal with situations even if you're playing with fire, but you have a huge 2/
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5 Aug
आज महान दिवस है, युगों युगों तक स्मरण रखे जाने वाला दिवस है। आज एक महायज्ञ के सम्पन्न होने का दिवस है। आज संघर्ष का, बलिदान का उत्सव मनाने का दिवस है। आज सत्य की विजय का दिवस है। आज विजय दिवस है 1000 साल के अत्याचारों के विरुद्ध। और आज उन (1/n) #RamMandir #RamMandirAyodhya ImageImageImageImage
बलिदानियों को याद करने का भी दिवस है जो इस दिवस के लिए 5 शताब्दियों के इस प्रचंड संघर्ष में आहूत हो गए, उनके परिवार वालों को भी याद करने का दिवस है क्योंकि व्यक्ति केवल स्वयं शहीद नहीं होता, उसके परिवारवालों का प्रचंड बलिदान भी होता है। आज कोठारी बंधुओं (2/n)#AyodhyaBhoomipoojan ImageImageImageImage
का दिवस है, आज उन सब का दिवस है जो बाबरी के अवैध ढांचे के ध्वंस में दब कर शहीद हो गए और उनकी लाशें तक नहीं मिली। आज आडवाणी जी का दिवस है, और उन सभी नेतृत्वकर्ताओं का दिवस है जिन्होंने इस आंदोलन को परिणीति तक पहुंचाया। आज विश्व की प्राचीनतम, समृद्धतम और सबसे (3/n) #Ayodhya
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