Re-sharing all my 35 technical case studies. 🔥🔥

Bookmark this MEGA thread for easy access. 🧵

Retweet this & Follow me @imfamousrajat for more informative technical insights.

🚅 IRCTC
🧪 FLUOROCHEM
📂 CDSL
🚅 IRFC
🔩 ELGIEQUIP
🔧 ELECTCAST
🧪 NEOGEN
⚡️ TATAPOWER
🏨 ORIENTHOT
🖥 CAMS
🧪 APCOTEXIND
🔋 JBMA
🧪 FACT
🚪 RUSHIL
💻 KSOLVES
🧪 BALAMINES
🔌 FINCABLES
🛢 HSCL
🥛 DODLA
🧪 FOSECOIND
💉 POLYMED
☎️ ITI
🧴 PPL
🧴 HPAL
🧪 VINYLINDIA
💎 SENCO
🧪 FCL
🔌 BHARATWIRE
🪵 CENTURYPLY
🔋 OLECTRA
⚡️ REFEX
🚅 TEXRAIL
🖥 WIPRO
🚬 ITC
⚡️ GMDC

#StocksInFocus #StocksToBuy #StockToWatch

MEGA thread of 30 technical case studies. 🔥🔥

Bookmark these and you will thank me later. 🥰

Retweet this & Follow me @imfamousrajat for more mind-blowing technical insights.

🚅 IRCTC
🧪 FLUOROCHEM
📂 CDSL
🚅 IRFC

#CDSL #IRFC #FLUOROCHEM #IRCTC


🔩 ELGIEQUIP
🧪 NEOGEN
⚡️ TATAPOWER
🏨 ORIENTHOT

#ELGIEQUIP #NEOGEN #TATAPOWER #ORIENTHOT

MEGA thread on Chemical stocks 🔥🧵

Study & learn from these 7 important case studies!

⦿ FCL
⦿ NEOGEN
⦿ FOSECOIND
⦿ APCOTEXIND
⦿ FLUOROCHEM
⦿ BALAMINES
⦿ VINYLINDIA

Retweet and Follow @imfamousrajat for more such informative insights. 🔥🔥

#Chemical #Chemicalsstocks 1. FCL

- Large base formation
- Volatility contraction with time
- Possible Wyckoff re-accumulation
- Long-term uptrend
- Volume spikes in the last few weeks
- Rising MAs

#FCL #chemicalsector

Master thread on Fibonacci Retracement. 🔥🧵

In this thread, I will explain:

1. What is Fibonacci retracement
2. What are Fibonacci Retracement levels
3. What is the significance of retracement levels
4. How to find retracement levels
5. How to use the retracement levels

Before we get started, please retweet this thread and follow me @imfamousrajat for more technical insights. 🔥

⦿ What is Fibonacci retracement?

▪️ The Fibonacci tool is based on the Fibonacci sequence, a mathematical concept in which each number is the sum of the two preceding ones (e.g., 0, 1, 1, 2, 3, 5, 8, 13, and so on).

It is used in technical analysis to identify potential levels of support and resistance.

▪️ Fibonacci retracement levels are drawn by connecting two significant price points on a chart, typically a recent peak (high) and trough (low).

▪️ The key Fibonacci retracement levels include 23.6%, 38.2%, 50%, 61.8%, and 78.6%.

▪️ The Fibonacci tool is widely used by traders, leveraging the principle of a self-fulfilling prophecy.

This means that its effectiveness is often enhanced by the collective belief and actions of market participants who utilise and trust in its application, thereby influencing market dynamics.

⦿ What are Fibonacci Retracement levels?

▪️ Fibonacci levels are derived from Fibonacci numbers and each level corresponds to a specific percentage, indicating the extent to which the price retraces a prior move.

▪️ The retracement levels, represented by horizontal lines, serve as indicators of potential price stalling or reversal zones.

▪️ It's important to emphasize that these levels may or may not act as horizontal support or resistance points—there is a possibility but not a certainty. Hence, these levels should be viewed as areas of interest.

▪️ These key retracement levels are commonly set at 23.6%, 38.2%, 61.8%, and 78.6%.

Notably, while 50% is not a strictly Fibonacci ratio, it is still widely used as a significant support and resistance level due to its acknowledged importance by traders.

Significance of Fibonacci Retracement levels

The Fib levels can be used in plenty of ways but the most common usage is as follows:

▪️ Price Reversal Zones: The Fibonacci retracement levels are strategically placed to identify zones of interest.

For example: Consider a stock in an uptrend.

Following an upward movement, it retraces to the 61.8% Fibonacci level. Subsequently, the stock resumes its upward trajectory. Given that the bounce took place at a retracement level within the existing uptrend, traders may consider initiating long positions.

▪️ Entry/Exit confirmation: Traders often use Fibonacci retracement in conjunction with other tools to confirm potential entry or exit points.

▪️ Trend Strength Assessment: Fibonacci retracement helps traders in gauging the strength of a trend.

If a retracement is shallow (23.6% or 38.2%), it may indicate a strong trend, while deeper retracements (61.8% or 78.6%) might suggest a weaker trend or potential trend reversal.
⦿ How to find Fibonacci Retracement levels

To determine retracement levels, the initial step involves identifying the recent significant swing high and swing low, following which the Fibonacci tool is employed for plotting the levels.

Fibonacci retracement in an uptrend: First select the swing low and then the swing high.

MEGA thread of 18 technical case studies. 🔥🔥

Read these and you will thank me later. 🥰

Retweet this & Follow me @imfamousrajat for more mind-blowing technical insights.

🖥 CAMS
📂 CDSL
🚅 IRFC
⚡️ TATAPOWER
🥛 DODLA
🔩 ELGIEQUIP
🧪 FACT

#CAMS #CDSL #IRFC #TATAPOWER






🥛 DODLA
🔩 ELGIEQUIP
🧪 FACT
🔌 FINCABLES

#DODLA #ELGIEQUIP #FACT #FINCABLES

Trading & investing is not easy. If it were, everyone would be rich.

Here are a couple of time-honored tips to help you get back to basics. 👇👇

Retweets appreciated. ❤

#trading #investing @in_tradingview Lack of knowledge 📘

- Many traders jump into the market without a thorough understanding of how it works and what it takes to be successful.
- As a result, they make costly mistakes and quickly lose money.

10 Tips for improving your mindset and life.

A short thread.🧵

#life #improvement 1. Take deep breaths.

When feeling overwhelmed, take a few moments to focus on your breathing and breathe deeply.

People need to understand that "Macro top/bottoms are not formed in a day". They take time.

Everyone is like "SPX will rally soon, Nifty will rally, don't FUD".

Isn't it a piece of common knowledge that after a massive fall, markets do pull back the majority of the time?

/1 Have you never seen the market trap everyone > dump > then rally back?

Or have you not seen a rally to ATH before heavily dumping to lows?

(/2)

Credit Suisse and Deutsche Bank are on the verge of collapse.

A thread on the ongoing crisis at DB and CS as per my limited understanding. 🧵

(/1)

#deutsche #CreditSuisse The combined asset base of the two banks is nearly $2 Trillion which is 3x the asset base of Lehman Brothers at the time of its collapse.

(/2)

#deutsche #CreditSuisse #LehmanBrothers