There are two kinds of trading moves in a market. One where the move is quite random and one where there is a text book kind of move. I here at State of the Market try to cover the stocks that make text book moves. Why? Because it's pure fun to watch something grow that can you can visualize
What is a text Book Multibagger?
It's always a subject of fascination that what makes a stock move from Rs. 100 to Rs. 1000 and is there a method behind the madness. After studying multiple breakouts, I have summed up them in a concept - Science of Stock Price Action. The move is like a relay race where one pattern passes on the baton to next pattern and then that pattern works its magic. All one has to do - When a stock breaks out - keep identifying the pattern to which baton is being passed on
Case Study: TVS Motor
TVS Motors stock started an amazing Bullish journey from levels of 85 to now at 610 levels in last 3 years and the best part - its entire move has been classic text book style move. Read the complete case study
The objective of the Premium Case Study is to learn from real stock price movements on regular basis and then look for similar text book opportunities in current environment. It helps one form a strong conviction in price action.
If you find my work interesting - I will encourage you to buy the book and access Premium Case Studies. The idea is to demonstrate live how patterns unfold and work. They succeed, they fail but the whole process is real fun. I invite you to be part of it.
Disclaimer – The state of the market notes is Deepak’s perspective on the market. The column is purely for educational purpose. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers