A Master thread on @Singh7575 Sir's Long Only Setups with examples on Charts!
This setup is a gift to anyone who trades long ideas and those who want to trade in CASH due to Capital Constraint. Fits best for people who don't do FNO as this picks some amazing scripts.
1⃣ Before heading on to the set-up we want to make sure the entire system credit goes to @Singh7575 . We are just here to share it and make people aware of such simple set-ups that can give money considering risk is managed.
2⃣How to Set it Up?
This setup best fits in @tradingview /@zerodhaonline or any broker that provides charting. We only need 2 Indicators.
Indicator 1- 13EMA
Indicator 2 - 34EMA
Both indicators are compulsory and should be exponential(EMA) instead of Simple moving average.(SMA)
3⃣ How to use this Setup?
Whenever this Setup meets a condition where 13EMA crosses 34EMA from below as depicted in the chart. Whenever the 13EMA crosses 34EMA from below it is a LONG (BUY) SIGNAL.
❗️Timeframe needs to be Daily Only!
4⃣ When to Place Order?
The Condition is to place order above the Day's High when crossover happened. Place buying bid above Previous Day’s high. If on current day the stock
doesn’t cross previous day’s high, place a buying bid the next day above current day’s high. For E.g.
5⃣SETUP REQUIREMENTS FOR EXIT (SL)
Whenever the 13EMA crosses 34EMA from above it is a signal to EXIT or take your SL. For E.g.
6⃣ HOW WE MODIFIED SL?
SL is a very subjective but vital part in any trading setup. Some take SL based on certain%, PREVIOUS DAY LOW, WEEK LOW. For our comfort on the system we usually take SL as following.
The stock has already moved up +5% we take that DAY LOW, stock has not moved +5% we take PREVIOUS DAY LOW.
Entry is near a SWING LOW we take SWING LOW as SL.
7⃣ This stays as the condition that SL can be as per your comfort. Every system has a SL of a different nature. We keep that on our capital and risk appetite.
8⃣Below are some examples based on this system. Entries are subjective as we have tweaked this setup according us. ( Coz we are hard-core Price Action lovers)
Let's see how we did it.
9⃣Whenever the stock gave a crossover for long setup we always took stocks that would be a potential breakout sooner approaching its swing high tested multiple times. Let's see 8 examples which we traded.
🔟 Do Re-tweet for wider reach. We appreciate the efforts by @Singh7575 sir for sharing this setup for Free. All the credit goes to him. We have just tried to reach out to audience who are busy in office work or can't track everything manually. This setup needs less screentime.
But can surely make MONEY considering risk is managed. Thank you and please retweet for wider reach.
🚨 THREAD: The 15% Market Rally That Left Most Traders on the Sidelines
As a swing trader, if you're feeling like you missed it & feel like punching yourself, guess what !
You’re not alone.
Here’s why most traders couldn’t participate in this rally… 🧵👇
In this thread we will address these main issues :
- 15% rally & its reasons
- Rules to participate in rally
- Tradeable days in the rally
- % movers in "N" days
- Quality of setups in this rally
- The reality
- How to face this
This 15% rally was not out of surprise but is a result of lack of fresh supply which we have talked early. This happens because after such a steep decline, the sellers are not ready to sell anymore and the little power by buyers take the prices up/
Look how the intensity of down days reduced and markets stopped making new lows.
To survive in the long run, one must digest the fact that markets will make you feel like the dumbest person and the smartest person at the same time.
What matters most is to get a 3rd person POV and see whether the dumb things are actually dumb due to situations or out of compulsion.
#Darvas Box is used by 99% of stock traders in the world.
It is the simplest strategy of buy and hold.
But most people still don't know how to use it.
Here are 10 basics everyone should know:
Darvas Box is named after Nicolas Darvas, a dancer, and self-taught investor.
He discovered "Box Theory" after gaining experience from the market and he believed that the shares which move up and down the chart move in a specific box pattern.
There are some conditions of using Darvas Box and we will discuss only the buy strategy:
⚡️ Stock should be trading near all-time high levels
⚡️ Fundamentals of the company should be good
⚡️ Volumes play a crucial role
🧵 Here is Why Indian Chemical Stocks are Poised for a Bull Run:
A Detailed Analysis 🧵
[8 MULTI MONTH BREAKOUTS DISCUSSED IN THE END]
Credit : AMBIT ASSET MANAGEMENT
#ChemicalSector #BullRun #Investment #StockMarket
1/ 🚀 Historical Context: The Dream Run (FY17-22) The Indian chemical sector saw a dream run through FY17-22, with stocks rallying at a 48% CAGR compared to Nifty's 14% and Nifty 500’s 13%.
Key drivers included favorable global demand-supply dynamics, shutdown of Chinese capacities, India’s rising competitiveness, and increased R&D spending. This led to a significant re-rating of forward one-year PE ratios from 10x in 2013 to a peak of 46x.