Thread by @JustNifty

#Banknifty in focus.
#Hdfcbank 8 days of cons. A move past 1560-65.
#Icicibank 10 days of cons. A move past 717
#Reliance 6 days of cons. A move past 2400
#Hdfc 3 days of cons. Holding 2785-2805 & move past 2825

#Hdfc breaking out..

#Icicibank is poised..

#Reliance is reluctant.
IF it moves past 2380-85 now, possibly.
Today is not it's day🤔

#Hdfcbank
making the right moves. But it has more room to cover before a break out.(above 1560)

#Reliance breaking out.
Moved past 2380-85 now.

Yet again, a great recipe for success:
#Trendline "Broke @ 2380, high 2437.
#Trendindicator "Triggered a buy"
#Elliottwave "Never miss the 3rd"

Just align with the direction of the general market.
And, when weekly trend is "UP & above Trigger" (#ITC, #Bhartiartl, #Hdfclife, etc)

Follow this strategy, you will be ahead of "others"- following your study.

Choose a stock that is trending up in week & Day.
Look for 3 to 5 days of corrections retracing pref. 38% or 50% of last rise.
Initiate trade with Hour #Trendindicator oversold & poised to turn up.

A very busy day; so many take offs
#Icicibank

#Banknifty & Finance stocks in focus.
#Hdfcbank towards 1595-1605 & more
#Icicibank towards 745 & more
#Kotakbank towards 1963 & more
#Hdfc Holding 2795-2805 & move past 2825