🧵8/8If you find this thread useful 😍1. Follow trade Culture 🤝2. Upvote and Comment 🩷🔃3. Join Community link in bio Thanks for making it till here, save the thread for Revision.
🧵7/8⭐️ Bonus PointIf a stock rises 20% in 5-6 days, a pullback of about 7-8% is normal, lasting 12-15 days, roughly twice or thrice the rising period.A base forming over just 3-4 candles may signal a weak entry, risking a second leg down in the pullback.
🧵6/8🟢Entry Parameters1. Prioritize Pin Bars 📌 and Doji Candles near Resistance on below-average volume.Entry Types🎯1. Breakout of range.2. Breakout of Doji Bar with stop at candle lows.3. On Candle close (safer, but worse risk-to-reward).
🧵5/8♦️ Risk Parameters1. Set stop-loss first at the previous swing low or channel support, ideally below the 20 EMA2. Ensure the stop is within 5% tolerance; if exceeded, seek another opportunity3. A strong contraction pattern offers low risk; if not, wait for a better entry
🧵4/8🔹Share Holding Structure 1. Promoters, MF, & FPI should be rising or Constant. 2. Public shareholding should be declining or Constant but not rising.
🧵3/ 8🔹MarketSmith - Fundamental Character 1. EPS Score - Above 80 - EPS should be rising QonQ 2. Master Score - 65+ 3. Relative Strength- 75+ 4. Sector Leader - 40-50 in group
🧵2/83.Stock will form a HH & HL after bouncing from a major low4.Volume on up days should be 40% above average; volume on down days should be below average📶5.RSI should move from down to up, not up to down📈6.Pullback character:shallow,slow,with overlapping bars above 20DMA
1/8🔹Initial Filtering Criteria📊 Chart Characteristics 1. Stocks in Market Uptrend above 150 & 200 EMA + Above 200 DMA 2. Forming a tight & Good Horizontal Base on day chart. { wide range can be Distribution Be cautious} ☢️Stock must Show good buying activity recently