1) Golden Cross 2) Bounced from 200 EMA 3) EMA Confluence 4) Higher High 5) High Volume 6) Narrow Range 7) Microcaps with sales 🔼 8) Dividend stocks 9) Penny with sales 🔼 10) High Promoter stake
- After a steep correction any stock starts to form a bottom base with volume declining
- Accumulation starts and chart breaks the Lower Low cycle to start the uptrend
- Drying volume is a major indicator and round bottom too
2) Uptrend and Momentum
- Once this base is formed, chart breakout and start the uptrend
- Only after that retails understand that this stock is now pumping
- Look at the chart - only at 300 level in Tata motors retail realize that the stock is pumping and in momentum
1) Breakout from Consolidation in the direction of Trend -
- Every stock after consolidation enters a consolidation mode
- Enter when it breaks the consolidation for next leg up
- As shown in Tata Motors Chart chart
2) EMA Confluence in the direction of Trend -
- In the direction of trend, when ever EMAs ( 10-20-50) Confluence and stock bounce from EMA Confluence - that's the point to enter in the direction of trend
- As explained in chart bounce from EMA Confluence is the point of entry
1) When nifty stay at same price for 20-40 min 2) When 50 point away options priced at single digit 3) When chart is contracting 4) Both PE and CE should have equal price for best results 5) Keep SL 50% of premium paid
Look at this chart -
- Nifty hitting 17625 for the third time
- Hitting a same spot from upside and downside decay the option pair most
- once a premium goes down it do not recover
- For now 17650 CE - 16 AND 17600 PE - 19
- Lets wait for entry for a total premium below 30