Dev Advisory
Frands how is the josh !!
I think in CAS session this will blast more .. what do you think?
The broader index Nifty is really struggling hard to sustain at higher levels during intraday. However stock specific activities are really working out.
π‘ Jesse Livermore's "Century Mark" Rule
According to Edwin Lefevre, βWhenever a stock crosses the 100, 200, or 300 mark for the first time, it does not stop there. It almost always goes higher, sometimes significantly so, because a psychological barrier has been broken.β
Livermore used these marks as entry triggers. If a stock had been consolidating under $100 for a long time and finally broke through to $101, he wouldn't view it as "too expensive." Instead, he viewed the breakthrough as an institutional green light that the stock was entering a brand new, aggressive upward trend.
Now guess the stock name?
According to Edwin Lefevre, βWhenever a stock crosses the 100, 200, or 300 mark for the first time, it does not stop there. It almost always goes higher, sometimes significantly so, because a psychological barrier has been broken.β
Livermore used these marks as entry triggers. If a stock had been consolidating under $100 for a long time and finally broke through to $101, he wouldn't view it as "too expensive." Instead, he viewed the breakthrough as an institutional green light that the stock was entering a brand new, aggressive upward trend.
Now guess the stock name?
π6