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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A thread to pick stocks moving 20-30% in a week๐งต
( Chartink link at the end of tweet )
Technical Criteria 1. Stock near 5% of 52 week high 2. Stock above 30 weekly ema : Stage 1 uptrend 3. 21ema > 50ema signifying strong uptrend
You can also add Volume criteria
Top 6 Underdogs in Recycling/Waste Management Sector โป๏ธ
A Thread๐งต
Hidden Gem
#GemEnviro
GEM Enviro Management Limited is a waste management company specializing in recycling all packaging waste, including plastic waste.
Company is in SME : Lot Size above 2 Lakh
Entry above 200
Stoploss : 160
Enter in this stock if your entire capital is above 20L as part of Risk Management of max 5-10% Allocation per stock
Target : 300-320
#Wastemangement
#AWHCL
Stock again of Waste Management
Breakout Above 850 can lead to good Rally till 1000
Stoploss below the swing 800
Entire Sector in Good trend
#Wastemangement
A thread to pick stocks moving 20-30% in a week๐งต
( Chartink link at the end of tweet )
Technical Criteria 1. Stock near 5% of 52 week high 2. Stock above 30 weekly ema : Stage 1 uptrend 3. 21ema > 50ema signifying strong uptrend
You can also add Volume criteria