BC SCREENERS
Saved by @SAnngeri

One of the most successful stock trader with special focus on cash stocks and who has a very creative mind to look out for opportunities in dark times

Covering one of the most unique set ups: Extended moves & Reversal plays

Time for a 🧵 to learn the above from @iManasArora

 What qualifies for an extended move?

30-40% move in just 5-6 days is one example of extended move

How Manas used this info to book profits

https://t.co/0kXazcQALq
Post that the plight of the stock:

https://t.co/RacbhJa8LY
Example 2: Booking profits when the stock is extended from 10WMA

10WMA = 50DMA

https://t.co/ecETkv9cGV
Another hack to identify extended move in a stock:

Too many green days!

Read below

https://t.co/Rls20fFu0u
When you buy a stock, first check whether they are extended from the MA, if yes then the probability of those stocks performing is lower

Read this entire thread, to know the rules of extended

https://t.co/532mOFvRwZ
Check you trade journal now, and go through the trades that didn't work, now check whether those were extended?
https://t.co/0oKyHpCvUD
Positional/Swing traders are always have one question, when to book profits?

Ans: Exit partial qty when the stock gets extended

Simple yet Effective!
How extended move on the upside can be used to Short a stock:

Example 1: Shorting #JSWSTEEL on the basis of Extended move

https://t.co/k5aiwJCJG1
Example 2: Shorting #ADANIENT on the basis of Extended move

https://t.co/dnZUtTVNsN
And this is how @iManasArora shorts Index #NIFTY basis extended move

https://t.co/NoEGLHsrQp
Not many traders short, especially the newbies, so here is an imp note:

Disclaimer: These stunts are performed by a pro @iManasArora , pls dnt jump directly into shorting without knowing the basics
So far you have understood two things:
1. Never enter an extended stock
2. Use the extended info to book profits or go short

But then, long only traders in cash segment think they cant utilize the opportunity in a down trending market
Time to bust this myth, @iManasArora shows how one can use the extended info to go long - REVERSAL PLAY!

Look for stocks down 4-6days in a row. Then look for reversal signs on a much lower frame to enter.

Manas believes: Excessive weakness offers a good long opportunity!
Thinking out of the box!

Lets see how @iManasArora Walks the Talk
How to use extended moves on the downside for reversal plays

Example 1: #BAJAJFIN

https://t.co/SlFjIQf8wg
How to use extended moves on the downside for reversal plays

Example 2: #BSE

https://t.co/8k5oRE2XQR
How to use extended moves on the downside for reversal plays

Example 3: #NBCC

https://t.co/ZAyeqZkVeb

Spot extended moves in your P&L as well, and know when to slow down

https://t.co/7EyV2Vy2iH
How to use extended moves on the downside for reversal plays

Example 4: #ASHOKLEY

https://t.co/cL4FWA9MTN
How to use extended moves on the downside for reversal plays

Example 5: #DREDGECORP

https://t.co/6T42RK9Wq1
How to use extended moves on the downside for reversal plays

Example 6: #JSL

https://t.co/tgCZLDNKam
How to use extended moves on the downside for reversal plays

Example 7: #AFFLE

https://t.co/si4X8rQyHZ
How to use extended moves on the downside for reversal plays

Example 8: #DRREDDY

https://t.co/uOxtBp8joy
Lets check how to play reversals on fresh listed stocks i.e. recent IPO's
How to use extended moves on the downside for reversal plays

Example 9: #NYKAA

https://t.co/5HEGPPhQEV
How to use extended moves on the downside for reversal plays

Example 10: #PAYTM

https://t.co/a4cFTjvXMl
Be creative and have an open mind!

https://t.co/NgcRMZtiOP
When to fold in Reversal Play,

https://t.co/g8PvVjYXqN
A lot of people have a question, what if it falls further?

Ans: You can always get out with a small SL, but but but, remember the opportunity is only gonna get more sweeter
Since, @iManasArora enters a trade with tight stops of 1-2%, he has studied the behavior of his trades in past, and from experience he knows how much time they take to perform or fail!

You can use this info to build a system of yours!
Applying extended move logic not just to stocks but extending it your P/L
Now when the stocks have an extended move on the downside, instead of being grumpy, be happy that the opportunity to play the Reversals is round the corner

#BroTip
You can also go through his TL @iManasArora which itself is a pool of knowledge

If you❤️this, why not share?

Retweet the first tweet and help others find this 🧵

Happy learning 🤓 to everyone!

More from Nikita Poojary

Nikita Poojary
Nikita Poojary
@niki_poojary
In the past few months I have curated various threads🧵

For some reason, people seem to love it

Here are all of them, chronologically:

DJ Sir's set up made in collaboration with @AdityaTodmal
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Nikita Poojary
@niki_poojary
How to save taxes on the trading profits for an individual

4 Legit ways to retain most of the trading income: 🧵

Collaborated with @AdityaTodmal

1. Divide your capital amongst your family members:

• Ensure they are not salaried employees as they might not be allowed to trade as per their employer's policy.

• Your family is your strength, not just emotionally, but financially too.

• E.g. your net taxable income works out to Rs. 50 lacs, as per the new tax regime, you are in the 30% tax bracket.

However, if you divide the capital amongst your family members in such a way that the net taxable income works out to Rs. 12.5 lacs per member (assuming 4).

This way the tax bracket gets shifted from 30% to 20%, clear saving of 10%

2. Expenses a trader can claim:

All the expenses directly related to the trading business can be claimed.

i) Rent Expense: If one has an office on rented premises, rent paid is a valid expense. However, you should have the rent receipts & rent agreement as valid proof.
ALL , TAX SAVING
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Nikita Poojary
Nikita Poojary
@niki_poojary
Tradingview is one of the most trusted and used web application by traders across the world.

10 hacks that'll get you features of @tradingview premium version for free:🧵

Collaborated with @AdityaTodmal

1/ Free Multi Timeframe Analysis:

Step 1. Download Vivaldi Browser

Step 2. Login to trading view

Step 3. Open bank nifty chart in 4 separate windows

Step 4. Click on the first tab and shift + click by mouse on the last tab.

Step 5. Select "Tile all 4 tabs"


The best part about this is this is absolutely free to do.

Check out this video if you are still unable to figure it

2/ Create Free Multiple Watchlists:

Step 1: Download @TradingView app on your mobile phone, and login.

Step 2: Now create watchlists eg: World Indices, Banking Stocks, NIFTY50 stocks etc.

Step 3: Now go back to your tradingview web browser and click on refresh and you will see the watchlist names on the web browser.

Step 4: Now simply add names in your watchlist on the web browser by clicking on the plus sign.
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Nikita Poojary
Nikita Poojary
@niki_poojary
1/Closing price different from the last trading price (LTP)

•There is so much noise regarding PE premiums going up or CE premiums losing their value tomorrow morning at the opening ( in case flat).

•Remember that the LTP usually differs from the closing price.

2/ This is because the closing price is the weighted average price of the last 30 mins of trading.

•The difference today is noticeably more as the market made a sharp upmove post 15:00 hours i.e. the last 30 mins.
CATAGORY TRADING
Nikita Poojary
Nikita Poojary
@niki_poojary
We have shared a lot of threads exclusively on Subasish Pani in the past year.

As this year comes to an end, here are the 11 most powerful threads on Subasish Pani exclusively compiled for you all.

Collborated with @AdityaTodmal

1/ Important concepts from Power of Stocks - Subasish


2/ Important concepts with video links of Subasish


3/ The 5 EMA


4/ The Bollinger Band set-
TRADING

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Sheetal Rijhwani
Sheetal Rijhwani
@RijhwaniSheetal
How you can filter stocks for Intraday trades - 🧵

As a kid, we would do homework before school the next day - you have to do homework here too. A specific sector performs on a particular day and studying things a day before will help you spot that particular sector. (1/11)

To prepare for the next trading day, you got to check the Index charts of all sectors. You got to keep an eye on a specific Index if you see a few factors:

- If any Index closed exactly at the resistance, you can get a trade on either side on the next day. (2/11)

- If it gave a rejection candle at resistance.

- If any Index closed exactly at support, you can get a trade on either side the following day.

- If there was a bullish signal at the support.

- If any Index gave a breakout or breakdown and then gave a good closing. (3/11)

- If any Index has taken support at 50 or 200 EMA.

Once you spot the Index, look at all the stocks in that particular Index. Pick at least 3-4 stocks from that Index and add them to your watchlist for the next day. It's ideal to check both higher and lower timeframes. (4/11)

What you should do next day? (When I am unable to check Indices and stocks a day before, I sometimes directly start with this process.)

- Start with checking the top gainers/losers list. I observe market from 9:15 to 9:45am to check the sectors performing well on that day.(5/11)
SCREENERS , ALL , INTRADAY STRATEGIES
Learning @ Prakash
Learning @ Prakash
@Prakashplutus
My Basic Trend Following system :

EMA-9> EMA>21>EMA> 63> EMA> 200.

RSI > 55

Weekly bases - Minimum 4 weeks.

Volume up by 200% .

Some others point to note :

Institutional sponsorship must.
Leading group
Annual Growth > 15 %
Quarterly growth > 15%
PEG <2.5
SCREENERS , TA
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DTBhat
DTBhat
@dtbhat
The thread explains my momentum scanner and how to build it in #TradePoint software.
@Definedge
Conditions :
1)EMA 8 above EMA 34 and rising
2)Candle close above previous 5 candle high
3) RSI above 60
4) Volume above previous 5 candles
5) ADX above 30
1/n

Select Double Moving Average 8 and 34
2/n


Under Patterns select Close Above Prev Bars
3/n


Qualify the candle close
4/n


RSI above 60
5/n
SCREENERS , SCREENER , A SCANNER
Tar \u26a1
Tar ⚡
@itsTarH
Most of the indices are entering oversold territories

Take small cap index for example
Whenever Monthly RSI is below or around 40, the index bottoms out

We are getting there.

If I had 50% cash, I would have deployed some in beaten down stocks where earnings growth is intact. https://t.co/t5WwgH1V5o
SCREENERS
Flamingo Trader |Ankit Saraswat
Flamingo Trader |Ankit...
@FlamingoTrader_
Best candlesticks pattern for Btst:-

Bullish Tasuki Line Candlestick Pattern

👇👇👇

#StockMarket #Btst #Stocks

It consists of 2 candles.
The first candle is a long bearish red candle and the second candle is a long bullish green candle.

The second candle should open with a gap up and close above the high price of the first candle.


This pattern is mainly formed after a bearish rally or bottom formation.

In this pattern the volume of the second candle should be greater than the volume of the first candle.

It works well for btst and positional.

Can enter BTST before market closing in last 5 minutes.

SL will be below the low of the red candle.

Good time frame:- 15 minutes and 1 day (works best)

Will slowly made thread on all imp candle stick patterns for Btst.

Retweet the first tweet.
Follow us for learning Btst.
SCREENERS , ALL

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Bhakti – Love Divine :-
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All our philosophical textbooks are written out by the great 'rishis' and 'thinkers' in the form of sūtras.
The term, ‘sūtra’, means ‘string’ – the string on which the arguments &
#Thread


thoughts are strung together to become an enchanting garland of ideas.
This is the philosophy of devotion, of love for 'Paramatma' stands today attributed to the Devarṣi Nārada.
He works everywhere as friend, philosopher and guide, to all devotees.
Let's begin the journey !


NĀRADA & HIS BHAKTI-SŪTRAS :
Bhakti – Love Divine :-
Of Love Divine (Sūtra 1 to 6)

Sūtra 1
अथातो भक्तिं व्याख्यास्यामः॥ १॥
Now, the doctrine of devotion we shall expound.
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I'm going to do two history threads on Ethiopia, one on its ancient history, one on its modern story (1800 to today). 🇪🇹

I'll begin with the ancient history ... and it goes way back. Because modern humans - and before that, the ancestors of humans - almost certainly originated in Ethiopia. 🇪🇹 (sub-thread):


The first likely historical reference to Ethiopia is ancient Egyptian records of trade expeditions to the "Land of Punt" in search of gold, ebony, ivory, incense, and wild animals, starting in c 2500 BC 🇪🇹


Ethiopians themselves believe that the Queen of Sheba, who visited Israel's King Solomon in the Bible (c 950 BC), came from Ethiopia (not Yemen, as others believe). Here she is meeting Solomon in a stain-glassed window in Addis Ababa's Holy Trinity Church. 🇪🇹


References to the Queen of Sheba are everywhere in Ethiopia. The national airline's frequent flier miles are even called "ShebaMiles". 🇪🇹
CULTURE
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Simon DeDeo
@SimonDeDeo
"I lied about my basic beliefs in order to keep a prestigious job. Now that it will be zero-cost to me, I have a few things to say."


We know that elite institutions like the one Flier was in (partial) charge of rely on irrelevant status markers like private school education, whiteness, legacy, and ability to charm an old white guy at an interview.

Harvard's discriminatory policies are becoming increasingly well known, across the political spectrum (see, e.g., the recent lawsuit on discrimination against East Asian applications.)

It's refreshing to hear a senior administrator admits to personally opposing policies that attempt to remedy these basic flaws. These are flaws that harm his institution's ability to do cutting-edge research and to serve the public.

Harvard is being eclipsed by institutions that have different ideas about how to run a 21st Century institution. Stanford, for one; the UC system; the "public Ivys".
LIFE