Some important basics I follow for stock selections
Let's understand in simple words
Most of friends know I am following just 2 indicators supertrend 10.2 & DC50
someone messaged me when you buy at supertrend and when DC50?
Let's understand this

First assume we have a one team with aprox 100 players and one good captain
Players = stocks
Captain = nifty
And race for running between this players and captain
We have some stations between race-course
1= supertrend
2=DC50
3=52 week high
4=all time high

Now assume race is running between this players & captain
And captain reach at 1st station ( nifty)
What stock is good for buy now?
If some stocks also reach 1st station ST & some reach at DC50
witch one you buy?
Obviously witch one reach at DC50 is powerful then others

And when nifty reach at DC50
and some stocks still at supertrend and some are at all time high
Witch one you buy?
Obviously all time high stock
And if multiple stocks hit DC50
then shortlist with CCI ranking

रेस मैं उसी घोड़े पर दाव लगाओ जो सबसे आगे है और अपने कप्तान से भी मजबूत है। - indicator wise
और घोड़ों का चयन भी सबकी खासियत देख कर ही कर सकते हैं। - backtesting
किस घोड़े पर कितना बड़ा पैसा लगा सकते हो उसे पहेले से निर्धारित करे।
- individuals stock behavior
@Trendmyfriends