🌟Lesson 2 - if stock is making same pattern ( in 2 /3hours chart) after given breakout of (weekly /monthly chart) , then chances of stock going up is much more.
Ex - #HGS after given breakout of Trendline ( range) in monthly chart, again making same pattern 4 hours chart. 💞
🌟Lesson 3- if stock never come to retest it's weekly & monthly breakout zone then the chances of it's 2x is much more.
EX - #happiestmind everytime consolidating & making new high. 💞
🌟Lesson 4 - when whole market fall still strongest stocks only consolidate or move down very little.
Ex - when this march market took correction 800/1000 points #jindalpoly just consolidating from that time.
Now ready for new high .
🌟Lesson 5 - when market recover the strongest stocks recover very fast & will make new high.
Ex - #happiestmind when market take little correction & again bounce little , then #happiestmind made new high before market .
🌟Lesson 6 - big player mainly target whole sector rather then particular stock.
Ex - all sugar stocks are shining ⭐✨ for last 2 months, almost given 50/100% return. #Balrampur chini #magadh sugar #renuka sugar #dwarikesh sugar
🌟Lesson 7 - if whole sector & market both are silent & only few stocks are trying to breakout then the chances of it's failure is very high .
Ex - #jindalpoly 2 weeks ago when market fell and their sector was also slient unable to gave breakout.
🌟 lesson 8 - when stocks & market are in uptrend , both feel weakness after they gave 3/4 breakouts .
Ex - #dalmia bharat after given 3 breakouts it lose its strength & came down very sharply. 💞
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My Trading Strategy. Cash Trading Strategy for Swing traders. I used this strategy for swing / momentum trades. Never miss it.
A Megha Thread 🧵
1️⃣ Stock Selection Process - Always choose that stock which are consolidating near All time high. (Because whenever stock will give ATH breakout then it will easily give 20/30% return in 1/2 months.
Use - Trading View/ Chartlink
Ex - NTPC
2️⃣ Volume Analysis - After stocks selection, We should do volume analysis. Volume more normal days . And last 3/4 month volume accumulation is much higher.