Mohit Sharma
Mohit Sharma

@Mohitsharma202

9 Tweets 5 reads Jun 29, 2024
How can I turn 25 lakh rupees into 1 Crore in 4 years?
A thread ๐Ÿงต
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1] Moving Average & Time Frame:-
We will do everything in the Weekly Chart
I have used 3- EMAs
- 9 EMA for Short period trend
- 21 EMA for Medium period trend
- 55 EMA for Long period trend
2] We will wait for EMAs Expansion to move in one direction which is more than 5%
When all 3 EMAs 9, 21 & 55 Expansion occurs
Now, Let's see some examples
3] After EMAs Expansion move in one direction which is more than 5%
We will wait for EMAs contraction
When all 3 EMAs 9, 21 & 55 Contraction occurs
Now, Let's see some examples
3] Trading Setup:-
โœ… Price shows all 3 EMAs Expansion move in downside
โœ… After some time moving average contraction occurs
โœ… Find out that candle which is making Hammer Candlestick pattern
โœ… Entry is high of hammer candle & Stop loss will be low
Example-01
EICHERMOT WEEKLY CHART:-
- All 3 moving average shows expansion & contraction
- Hammer candle formation
Example-02
ITC WEEKLY CHART:-
- All 3 moving average shows expansion & contraction
- Hammer candle formation
Example-03
HAVELLS WEEKLY CHART:-
- All 3 moving average shows expansion & contraction
- Hammer candle formation
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