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  • How To Find Stock in Dips by Anil Sir

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    ravi lathiya
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    The document provides advice on identifying buyable dips in stocks for long-term investment. It recommends following corrections towards the 50-day or 200-day simple moving average as opportunities to add positions. It also suggests looking for patterns forming near the 20-day or 50-day moving average, such as flat, flag, or triangle patterns, especially when the volume is low during the consolidation. Key support and resistance zones that see a breakout and retest can also indicate buyable dips.

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    How to Find Stock in Dips by Anil Sir

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    How to Find Stock in Dips by Anil Sir

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    The document provides advice on identifying buyable dips in stocks for long-term investment. It recommends following corrections towards the 50-day or 200-day simple moving average as opportunities to add positions. It also suggests looking for patterns forming near the 20-day or 50-day moving average, such as flat, flag, or triangle patterns, especially when the volume is low during the consolidation. Key support and resistance zones that see a breakout and retest can also indicate buyable dips.

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    © All Rights Reserved
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    23 views1 page

    How To Find Stock in Dips by Anil Sir

    Uploaded by

    ravi lathiya
    The document provides advice on identifying buyable dips in stocks for long-term investment. It recommends following corrections towards the 50-day or 200-day simple moving average as opportunities to add positions. It also suggests looking for patterns forming near the 20-day or 50-day moving average, such as flat, flag, or triangle patterns, especially when the volume is low during the consolidation. Key support and resistance zones that see a breakout and retest can also indicate buyable dips.

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    © All Rights Reserved
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    How to find stock in dips by anil sir

    Originally Posted by vivektrader


    Anil sir,
    I have a basic query for long term investment purpose in stocks:
    when we say add on dips, what do you consider as reference for buyable dip?, is it
    retracement to some moving average we look at?
    Thanks

    I follow correction towards 50 SMA as add on...200 SMA too...Also i look at patterns formation
    towards 20/50 SMA to add on...Patterns like flat/flag/triangle patterns...The volume signature i need
    to see is low volume is this consolidations and how price leaving the structure..if its with volume then
    its ok for me...

    I also look at patterns retest of key S/R zones...I mean breakout & Retest like formations...

    Frankly i dont remember last time when i used fibonacci retracements...i avoid it to keep it simple...

    I look for confluence zones..they may be S/R levels, MA...

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