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Momentumstrategy

view based on rsi+adxThe relative strength index (RSI) is a momentum indicator used to measures the magnitude of recent price changes to evaluate overbought or oversold conditions RSI now in above chart shows neutral momentum between 45-55 ADX is majorly used by traders to see the strength of a trend it does not tell if the trend is up or down but says how strong is the current trend hence, high readings indicate a strong trend and low readings indicate a weak trend. ADX now in above chart shows its all lines are entangled indicating less strenght and looking for next direction using this two filters it seems better to wait and watch as of now note :- its said :- in trading/investing its not about how much you make but rather how much you dont loose disclaimer - trade @ own risk
NSE:BANKNIFTY1!
by sankhyainvestments
Tech Mahindra | Reversal Trade | bearish Parallel Channel 🎯===================================================== ⭕ Day Trading opportunity ! 15 min Chart Alert !!! ⭕ Don't rush to buy cause range breakout is still pending ....if breakout happen then only place the order --Buy above =910.35 or CMP --Target = 917.35 | 920 --Stop-loss =907 --Lot Size = 1200 --R:R = 3.18 --Expected Profit = 12,000 ₹ per lot ( 1.15% ) --Expected Holding = 1-5 day only #ThankU For Checking Out Our Content , We Hope U Liked IT 📌 ====================================================== ⭕ Technical Reasons to trade OR Strategy applied :- ⭕ 1) TechM has formed bearish parallel channel 2) Volume is more than sufficient i.e engulfing pattern & bullish candlestick pattern 3) Range breakout Trading is happening here 4) All the possible support & resistance is mentioned on the chart ====================================================== Guys check out the related ideas as well, it will work really well GUARANTEED ! 🙏FOLLOW for more ! 👍LIKE if think is useful ! ✍COMMENT Below your view !
NSE:TECHMLong
by ReviveTraders
4 to 8 weeks Breakout + ShakeoutAfter a 122% Move in Last 10 weeks and a 259% move from its 52 Week low. Ester went in to a 4 Week Consolidation which is generally a good sign, Post Breaking out of this Base on 16th September it reversed and came down for 2 Weeks and then came the breakout again on 5th October which was stronger than the first one as the weaker hands were out after the first failed BO. Technically Entry on the first breakout may have resulted in being stopped out but as they say you should never stop watching a stock immediately after being stopped out of it once.
NSE:ESTERLong
by mohit_nischal
3
Prince Pipes Momentum Long - Weekly/DailyNSE:PRINCEPIPE has given a breakout on Weekly and Daily Time Frames. On weekly charts the RSI is also showing that the stock is gaining volume and is in the sweet 60-80 zone. Further, on daily charts the RSI is near 75 level. The stock can move forward a little bit so one can take an entry right here and further wait for retest (that is when the RSI will be in overvalued zone and move downwards along with the price) - where it could be added more.
NSE:PRINCEPIPELong
by impact_money
(NYSE:TWLO)Twilio-time to board the train? Trend is a best friend - in this COVID area probably all the technology stocks have a fantastic run. The Twilio Stock Skyrockets as More Companies Adopt Cloud-Based Communications Twilio is a cloud communications platform as a service (CPaaS) company based in San Francisco, California. Twilio allows software developers to programmatically make and receive phone calls, send and receive text messages, and perform other communication functions using its web service APIs. Exceptional Volume Disc: Not Invested as yet, Trade @ own RISK. Education purpose only. Risk Management is the key. /list]
NYSE:TWLOLong
by Peaceful-Weekend-Investing
Marksans Pharma Ltd. Momentum stockMarksans Pharma Ltd is inching up with high momentum with unusual volumes. High Momentum + Unusual volumes killer combination for swing trades. "What seems too high and risky to the majority generally goes higher and what seems low and cheap generally goes lower.” - William O’Neil Disclaimer: This idea has been posted strictly for educational purposes only and any investment shall be taken post proper due diligence and consultation of a certified Financial Advisor
NSE:MARKSANSLong
by rajesh066060