ProdigalTrader
ProdigalTrader

@ProdigalTrader

6 Tweets 1 reads Jun 30, 2023
As the price of an index, here #nifty is getting closer and closer to ATH, there will be multiple shake outs in order to keep the balance between demand and supply. This would provide new opportunity in strong trending scrips for fresh longs
Here are a few noteworthy ones
1/6
>800% gain in price from the covid lows in 2020.
Right now consolidating after BO & found demand at the bottom of the basing structure #TRITURBINE
2/6
Price made vertical rally from April to June second week with 120% surge in price. #SUZLON was among the watchlist for most traders and right now created a FO at the anchor vwap from the last BO
3/6
Another example is #newgen. Price was unable to break below the low of the strong reb bar happened aftr the rally, despite several attempts. Looks like supply is too feable in it
4/6
A recent strong break away gap into new ATH and now retesting a past resistance level. #maxhealth is another stock which doesnt let supply to take over in it
5/6
There are several other scrips which looks to be at right location with strong price action along with nice entry set up. Aim of the thread is to convey that market is not bearish, rather just making attempts to break into new ATH
6/6

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