Learning to catch High Probability Breakouts

[SaravananKS]

Pls read last line

Again this is not a standalone system for investing/trading.Just another parameter to scan good stocks

I have read that line that's why confusion. I can show hundreds of stocks where high promoters holding stocks out performing than stocks which has less promoters stake ..

My Question is what is logic behind above system Please go through my post I have explained my logic

 

[newuser_RK]

There is no logic behind good stock, promoter holding and liquidity. Most of the MNC have been multibagger and promoters own 75% in them. Many poor management cos have below 50% promoter holding. Promoter holding if high denotes confidence of management in their own company. But promoter holding is not even food enough to serve as a scan, there are lots of if and buts with promoter holding g

 

[amitrandive]

I have read that line that's why confusion. I can show hundreds of stocks where high promoters holding stocks out performing than stocks which has less promoters stake ..

My Question is what is logic behind above system Please go through my post I have explained my logic

There is no logic behind good stock, promoter holding and liquidity. Most of the MNC have been multibagger and promoters own 75% in them. Many poor management cos have below 50% promoter holding. Promoter holding if high denotes confidence of management in their own company. But promoter holding is not even food enough to serve as a scan, there are lots of if and buts with promoter holding g

Apologise for the confusion.

Ideally this was supposed to be a part of 3 part series , with this post being the first part.
The 2nd part is supposed to discuss promoter shares increase/decrease and the 3rd part is going to discuss promoter pledged shares.

Kindly bear till the other 2 posts are posted.

 

[nitingosavi]

TITAN daily

 

[nitingosavi]

ITC daily

any side good move possible after ... break.

 

[indianbank]

As an investor i am sitting with my capital .....without any Long in stock market for past 10 days......

Long term point of view... it may take multiple months to recover the damage happened to bulls....
I wish all the best to bulls... recover soon... so that trader like me can enjoy Bull run...

(today i may update my amibroker with Global index charts... and let me analyze the markets with some leading indicator like CCI patterns)

 

[Sizzle]

Hi All,

Any Free Charting software available in real time...? to do paper trading..!!!

 

[nitingosavi]

I am thinking for short term.
though not confident... but surely sensing weakness in the charts below.

all these charts have something in common.. either rising wedge/expanding triangles/ lower tops on daily charts/ heavy volumes while falling and all are from same sector..
all are daily charts.
auropharma

cipla

drreddys

glaxo

glenmark

May be I am 100% wrong. but seems like some can be sold on rise to resistance and some can be sold after a little break down.

 

[amitrandive]

Hi All,

Any Free Charting software available in real time...? to do paper trading..!!!

All free are delayed ,
You can try
bazaartrend.com

 

[amitrandive]

..contd
ShareHolding Pattern-II

Promoter increase or decrease in the shreholding should raise flags.

A promoter increasing his share in the stock indicated strength in the stock and vice versa.

Two stocks in which promoters have decreased their share.

Adani Power -Promoter decrease holdings by -16%

ValechaEngg -Promoter decrease holdings by -7%

Again this is not a standalone system for trading.Just another criteria for scanning stocks.