200 EMA : THE LONG TERM TREND
๐ธ When a stock price crosses its 200-day moving average, it is a
technical signal that a reversal has occurred.
๐ธ A stock above 200 ema is considered bullish in its long term trend and if its below 200 ema its considered bearish
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๐ธ A simple rule of not buying stocks below 200 ema for short term trading could save a lot of money
๐ธ Some may not agree with this and its ok!
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One may consider investing in stocks if the stock is below 200 ema only if he is confirmed about the fundamentals of the stock
TREND:
๐ธ 200 ema trending up : Uptrend
๐ธ 200 ema sideways : Consolidation
๐ธ 200 ema trending down : downtrend
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๐๐ผ๐ ๐๐ผ ๐ฎ๐ฝ๐ฝ๐น๐ ?
Select:ย Moving Average Exponential
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๐ฅ๐ฒ๐น๐ฎ๐๐ถ๐๐ฒ ๐๐๐ฟ๐ฒ๐ป๐ด๐๐ต
Type
โRelative Strengthโ
By bharattrader
Period : 123 ( for 6 months of trading )
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๐ธ Relative Strength has a reference zero line
๐ธ Line >0 Stock is ๐ข๐๐๐ฝ๐ฒ๐ฟ๐ณ๐ผ๐ฟ๐บ๐ถ๐ป๐ด
๐ธ Line <0 Stock is ๐จ๐ป๐ฑ๐ฒ๐ฟ๐ฝ๐ฒ๐ฟ๐ณ๐ผ๐ฟ๐บ๐ถ๐ป๐ด
๐ธ RS period 123 as we have around 123 trading days in 6 month of trading
๐ธ RS reference as Nifty50 as benchmark index
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Strategy
๐ธ Look for Reversal on stocks near 200 ema after a general market pullback in daily time frame
๐ธ Buy when stock closes above the 200 ema with the 123 period RS line green
๐ธ If the stock is closing above 200 ema but the Rs line is red it should not be bought
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Value stocks generally reverse from 200 ema as it provides a good buy point to investors
Screener :
๐ต๐๐๐ฝ๐://๐ฐ๐ต๐ฎ๐ฟ๐๐ถ๐ป๐ธ.๐ฐ๐ผ๐บ/๐๐ฐ๐ฟ๐ฒ๐ฒ๐ป๐ฒ๐ฟ/๐ณ๐๐ป๐ฑ๐ฎ๐บ๐ฒ๐ป๐๐ฎ๐น-๐๐ฒ๐ฐ๐ต๐ป๐ถ๐ฐ๐ฎ๐น-๐ฐ๐ฟ๐ผ๐๐๐ถ๐ป๐ด-๐ฎ๐ฌ๐ฌ-๐ฒ๐บ๐ฎ
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๐๐ป๐๐ฟ๐ ๐ฟ๐๐น๐ฒ๐ :
๐ธ Enter on close above 200 ema with RS 123 +
๐ธ Stoploss in this case should be max 5 to 7% as holding stocks below 200 ema is not advised
๐ธ Keep Pyramiding if stocks move higher and adding positions with trailing Stoploss using the 200 ema
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๐ธ Trends generally last 6 months to 1+ years depending on the overall trend of the markets as well
๐ธ Best suited after the market has been into a correction
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๐ง๐ต๐ถ๐ป๐ด๐ ๐๐ผ ๐ฟ๐ฒ๐บ๐ฒ๐บ๐ฏ๐ฒ๐ฟ๐ธ You may have to go in and out of a trade multiple no of times stock is in choppy zone
๐ธ Risk Reward is Highly Favourable as on winning trades we make a lot of money
๐ธ Works best after general market correction
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Watch this complete Video :
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Join our Telegram for Stock Analysis and know more about how we exited ADANI Stocks just during the crash t.me/Techno_charts
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I made A few Lakhs using this Famous Swing Trading Strategy
A thread
Retweet for PDF
It is characterized by a period of price volatility followed by a contraction phase, leading to a breakout in the stock's price. Here's a breakdown of the VCP pattern:
Breakout Rules :
Buy Stocks on Break , not after breakout
Use Alert Systems or place GTT orders near Breakout area
If you miss the breakout better to stay away from stock as RR goes out of favour
It took me 3 years to understand Volume Price Analysis
I'll explain in next 10 tweets
A thread๐งต
RT for max Support
Support Resistance
โ They simply represent the 'extreme' psychological levels of fear and greed in that particular price region and time.
โ Strength of Buyers = Sellers
โ Lower volatility price congestions
7 less known Tradingview Indicators that all traders should know about
A thread๐งต
1. @TraderLion_ Enhanced Volume Indicator
Lime Green Bars Suggests day when the stocks closes near the days high and volume greater than past 10 down volume days Suggesting Institutional Accumulation
Has Features Like :Highest/Lowest Volume in a year.
Modified version of Bollinger Bands
When price is written in blue, volatility overall is falling. When the outer bands start to fatten up in blue, a contraction signal is forming. Works with any length of your choosing