Strategy - EMA & Supertrend

My dear friends, on the occasion of Diwali, I wish everyone a very happy and prosperous time. I hope the forthcoming year brings the tremendous happiness and incredible profits for everyone.

On this happy occasion, I would like to share my tried and tested strategy which might give you good profits.

You must have observed many times, most of the stock goes in the consolidation mode and post that give a break out or break down with good strength.  

This strategy I usually use after every quarter during result season. 

In this strategy, we have to use EMA 3,8,14 and Supertrend.

Whenever Supertrend is positive and EMA is above 3,8,14 and the price is sustaining along with good volumes after the consolidation, the breakout with good rally is usually observed.

You might have observed many times, the stock before the results gives good price action either in uptrend or downtrend. And after the results, usually it moves in opposite direction of the general prediction of uninformed traders / public. 

Try applying the strategy said above of Supertrend and EMA on hourly candle to get the better results. 

Attached is SBIN chart as an example. Study and do the backtest with this stock / any other stock to understand how the probability of success ratio of this formula is higher and give positive results.

All the best.

Why stocks fall on good results posting and rise when results are reported bad?

https://www.youtube.com/watch?v=n0mGio_OG4c&t=4s


Tata Motors @172

Supertrend 3 days (blue) Crossed 8 (pink)  and 14 (black)  and after a week its trading today at 195

How perfect this EMA strategy in case of PCJ too -  from 50 to 100 within a week