Trendline Investor Profile picture
Apr 29, 2023 β€’ 7 tweets β€’ 4 min read β€’ Read on X
4 strong stocks...πŸš€
...with Bullish Monthly closing (ATH/52 wk high)!

β˜‘οΈ ATH Sales or PAT
β˜‘οΈ Bullish Monthly closing

All picked from my Month-end scanner
Scanner: CCI(34) crossing 100 on Monthly! chartink.com/screener/month…

A thread...🧡
1⃣ #MINDACORP 5 yr breakout after a 12 month consolidation

Fundamentals:
βœ… Mcap: 6764 cr, P/E: 28.4
βœ… ROCE: 11.8%, ROE: 13.5%
βœ… 5 year Sales/PAT CAGR: 8%, 13%

Technicals:
βœ… Price faced resistance around 2017 highs for 1 year
βœ… Bullish Monthly candle

How far will it go? Image
2⃣ #LGBBROSLTD 4 yr breakout & resuming uptrend after 7 months

Fundamentals:
βœ… Mcap: 2730 cr, P/E: 11
βœ… ROCE: 29%, ROE: 22.7%
βœ… 5 year Sales/PAT CAGR: 11%, 27%

Technicals:
βœ… Price consolidation around 2018 highs for 15 months
βœ… Bullish Monthly candle Image
3⃣ #WABAG 8 yr breakout!

Fundamentals:
βœ… Mcap: 2427 cr, P/E: 14.4
βœ… ROCE: 13.3%, ROE: 8.56%
βœ… 3 year Sales/PAT CAGR: 2%, 12%

Technicals:
βœ… Beautiful breakout this month after retesting trendline support
βœ… Price might high ATH in the next 2-3 years
βœ… Volumes good as well Image
4⃣ #THEMISMED 7 yr breakout!

Fundamentals:
βœ… Mcap: 1446 cr, P/E: 24.7
βœ… ROCE: 30.5%, ROE: 28.3%
βœ… 5 year Sales/PAT CAGR: 13%, 35%

Technicals:
βœ… Upward sloping 7 year trendline resistance breakout
βœ… Price might not head back below the trendline resistance Image
These stocks have strong momentum & can be in your watchlist for
- Swing Trading
- Positional Trading

If you want to learn how to pick stocks for swing trading watch this videoπŸ‘‡

Video Link -> Image
Learnt something? If yes, pleaseπŸ‘‡

1. Retweet the first tweet

2. Follow @dmdsplyinvestor

3. Subscribe to my YouTube channel for more content! youtube.com/c/TrendlineInv…

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More from @dmdsplyinvestor

Oct 26
A FREE Comprehensive Technical Analysis course with...

βœ… 8 Modules
βœ… 40 Lessons

Protect your hard-earned money & make it grow!πŸ†
Read on🧡... Image
I. Introduction to Trading Concepts

1. Tradingview for Charting
youtu.be/IgT-MzmNhBg

2. All about Candlesticks
youtu.be/jnl1wew862k

3. Log vs Linear charting
youtu.be/kB7V0Y2MLuo

4. All About Trendiness
youtu.be/f6gcG3RNfi8
5. Support & Resistances
youtu.be/_FuK__CRCjQ

6. Best Timeframe to use
youtu.be/07-iNDLaSVA
Read 15 tweets
Sep 30, 2023
A FREE Comprehensive Technical Analysis course with...

βœ… 9 Modules
βœ… 42 Lessons

Protect your hard-earned money & make it grow!πŸ†

Read on🧡... Image
I. Introduction to Trading Concepts

1. Tradingview for Charting


2. All about Candlesticks


3. Log vs Linear charting


4. All About Trendiness



5. Support & Resistances


6. Best Timeframe to use

Read 15 tweets
Sep 24, 2023
Technical Analysis 101🎯

6 Powerful & Simple Price action strategies...πŸ“‰

...to easily spot the Beginning/End of an UpTrend/Downtrend

...in all timeframes & Markets!πŸ’Ή

Ready to Learn?πŸ€“
Let’s goβ€¦πŸ§΅ Image
1 -> A Trend Persists until Its Reversal Is Indicated

- In Dow Theory, a trend is assumed to persist until there is evidence to the contrary

- Trend changes are identified by a penetration of a previous significant High or Low
2 -> How to identify the end of an uptrend?πŸ“ˆ

There are basically 3⃣ types of reversal formations that will signal a change in the direction from uptrend to downtrend

βœ… Failure Swing
βœ… Non-Failure Swing
βœ… Double Top sell

Let's look at them in detail!πŸ‘€

Save this ImageπŸ‘‡ Image
Read 14 tweets
Sep 3, 2023
MY TRADINGVIEW SETUP - Explained! 🧡

In this 🧡, I cover
- Indicators I use in Tradingview
- Settings for the indicators I use
- Why do I use these Indicators & Settings

Ready to know what I use?...

Let’s go...πŸ˜ƒ Image
1 -> Commodity Channel Index(CCI) Indicator to assess Bullishness

- In short, it is a momentum indicator
- Above 100, indicates bullishness
- Below -100, indicates bearishness

If you do not know what CCI indicator is, watch this video πŸ‘‡
1.1 -> Which CCI indicator to use in Tradingview? πŸ˜…

- Search for the inbuilt Commodity Channel Index in 'Technicals' section

- Go to settings -> Inputs -> Length - change this to 34 from default 20

Refer to this video for detailsπŸ‘‡
Read 12 tweets
Aug 26, 2023
Fake breakouts & how to navigate them!πŸ€”

A detailed thread!🧡
1⃣ Cardinal rule: Stop chasing breakouts...

- If everyone is talking about it on social media and it has already broken out
- If a stock has moved up already for the last few days
- If a stock is up more than 10% already from breakout zone
- If your SL is deep Image
2⃣ Enter only on breakout & nowhere else if you're trading breakouts...

Buy only…
- above breakout zones (no entry in no-man land)
- above a key resistance zone after a stock consolidates
- 1-2% above resistance zone
- Identify entry points(set alerts on TV/set GTT in zerodha) Image
Read 9 tweets
Aug 17, 2023
Stan's Secret to Identify Multibaggers!🀫

'The Triple Confirmation Pattern'!

Ready to Learn?πŸ€“

Let's go...🧡 Image
This Pattern can help one spot potential Multibaggers!

I'll discuss the following in this thread...

βœ… 5 easy-to-follow rules
βœ… Essential indicators to use
βœ… Scanners to use
Rule 1: Weekly Price must be above the 30 week Moving average(MA)πŸ’Ή

- Why 30? It is just a number & considers last 30 weeks

- Try to consider at least 6 months/26 weeks. With EMA, long term trend changes are easy to spot

- You can use simple MA/EMA/WMA as well Image
Read 11 tweets

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