Techno_Charts ππ
Do not hold any smallcap/midcap stocks I repeat do not hold them My research found that when index fall below 100 ema , most stocks have big losing days , higher pullbacks
Reqd this post
When nifty500 momentum index breaks 100 ema then dont hold open positions
When nifty500 momentum index breaks 100 ema then dont hold open positions
π6
Recorded a 17 Minute Video on how to use getmarketstrength.com
β€12
Important concept of RS
RS was 93 when Sterlite was 130/- and now near 1000+ - RS was 99.
RS > 80 helps spot winners and you need to catch them early. If you are late to the party - RS will trap you and you will head lower with the stock
Tata Elxsi RS was 81 when it was at 900+ and it reached 10500 and RS peaked and then it is out of the race.
Understand stocks' lifecycle as well
RS was 93 when Sterlite was 130/- and now near 1000+ - RS was 99.
RS > 80 helps spot winners and you need to catch them early. If you are late to the party - RS will trap you and you will head lower with the stock
Tata Elxsi RS was 81 when it was at 900+ and it reached 10500 and RS peaked and then it is out of the race.
Understand stocks' lifecycle as well
π14
- FIIs sold βΉ5,285 Cr.
- DIIs bought βΉ3,319 Cr.
Yet, Nifty 50 surged 1.6%.
How? π€
- DIIs bought βΉ3,319 Cr.
Yet, Nifty 50 surged 1.6%.
How? π€
π€11
Added IPO scan and will add IPO base Breakout Backtest soon ..
β€21
Forwarded from Market Strength
Our Popular Scans refresh after every close and show what changed:
β’ New tag: the stock joined the list today
β’ Dropped: stocks that fell out
β’ RS score and 3M return on every row
Build your own screener for free: getmarketstrength.com
Screen results, not investment advice.
β’ New tag: the stock joined the list today
β’ Dropped: stocks that fell out
β’ RS score and 3M return on every row
Build your own screener for free: getmarketstrength.com
Screen results, not investment advice.
π12
I am Focusing on π
β Favorable Market Condition
β Leading name in a leading sector/theme
β Stage 2 uptrend / Strong relative strength
β Signs of institutional accumulation (Price & Volume)
β A tight base or compression near the highs
β Price holding above rising moving averages
Thatβs really it.
I want to Trade the Strongest Momentum stock within the Strongest Sector.
Keep it simple.
β Favorable Market Condition
β Leading name in a leading sector/theme
β Stage 2 uptrend / Strong relative strength
β Signs of institutional accumulation (Price & Volume)
β A tight base or compression near the highs
β Price holding above rising moving averages
Thatβs really it.
I want to Trade the Strongest Momentum stock within the Strongest Sector.
Keep it simple.
β€19
Guys Join offical Market Strength telegram Channel
I will be posting all updates on the channel
we are upgrading the features everyday -
https://t.me/GetMarketStrength
I will be posting all updates on the channel
we are upgrading the features everyday -
https://t.me/GetMarketStrength
Telegram
Market Strength
By @techno_charts
Free relative-strength scanner for NSE stocks. RS rankings, sector rotation, breakout screens, market breadth and backtests.
Educational only, not investment advice.
π getmarketstrength.com
Free relative-strength scanner for NSE stocks. RS rankings, sector rotation, breakout screens, market breadth and backtests.
Educational only, not investment advice.
π getmarketstrength.com
β€8