#TATAMOTORS had important breakout above falling trendlines, RSI 50+
The #stock can have meaningful rally if it sustains above 430 , generally considered as one of the high momentum #Automobile #stocks
#Nifty
Not trading call, academic post

#JUBLFOOD had results today, The tock broke out with solid volume from the falling wedge , stock now above high volume node
RSI jumped above 50
Earlier we could see Bullish RSI divergence
We may see good follow-up bounce towards 650-670
#stocks
Not trading call, academic post

#CrudeOil biggest ever rally from tomorrow 🚀🚀

⚡️Breakout after 11 years on chart
⚡️China consumption began
⚡️Russia using #crude as weapon
⚡️ Iran issue will also lead to rally

@EuremO8 👑 predicted previous rally accurately & this time also telling you all.

#StockMarket

Many are looking for options basics video
Here is curated list

VIDEO 1 Basic of CALL and PUT : https://t.co/LR9GGRJcXM
VIDEO 2 Type of Options : https://t.co/7mYgcACWR2
VIDEO 3 : OPTIONS GREEKS :

Much needed cool off "hopefully" starting in ELXSI. Will be a good buy on 20-25% cut. So much is already in the price. And those 30%+ contracts aren't forever in this space.

Still maintaining this view for one last dip before banks start to outperform big time.
#Banknifty

#CHOLAFIN futures on daily and intraday charts
Last week when #Bajfinance moved up sharply @PRANAV_DOSHI suggested me to look at this counter
A case of #BeganiShadiMein :-)

#Tatamotors cmp 443
* After the trendline breakout, gradually surpassed the
MA hurdles too
* Next hurdle at 460
#stocks #trading #StockMarket @religareonline

Inside Bar (IB) is an effective trading strategy where a range is formed & we trade on a Breakout/Breakdown.

What is IB?

Textbook definition of IB:
When the current bar is trading inside the previous candle's high and low (range)

Here's a live example from the Tata Steel Chart where you can see multiple IB forming on 15 minutes chart.

I've marked 2 IBs in the circle where we can find the mother candle & the inside bar candle.

So how do we trade this?

If the overall trend is bullish, then you should be looking at high on the mother candle. When the mother candle's high is broken, you can place your SL at:
1. Low of the mother candle, or
2. Low of the Inside Bar candle.

Both the eg are in charts:

And Vice Versa for the Bearish bias.

If the overall trend is bearish, then you should be looking at low on the mother candle. When the mother candle's low is broken, you can place your SL at:
1. High of the mother candle, or
2. High of the Inside Bar candle.

I prefer keeping the high or low of the inside bar candle as my SL.

Remember there are 100s of ways to trade this, ultimately your position sizing & risk management will come into play.

Position sizing can be calculated using the SL, and risk can be managed.

#Infy breaking above falling trendline, RSI in 125 min chart , moving 50+
Keep in watchlist
Not trading call, academic post
#stock #stocks #nifty

#HAL

Can close above previous high

Celebrating 1million followers of #Powerofstocks a youtube channel by #SubasishPani

A VIDEO 🧵: 8 CONCEPTS THAT YOU JUST CANT AFFORD TO MISS OUT!

Collaborated with @AdityaTodmal

1. How to draw support and resistance?

• Spot the U-turns i.e. the bend in the existing trend.

• He explains the change in the polarity concept here.

Example 1: How to draw support and resistance on charts

The more any Support /Resistance is tested the more it becomes weaker

2. Inside Candle

• Trade the breakout of the baby candle with its H/L as SL

• Pyramiding is done at the break of the mother candle H/L

• Try this only to the top 10 Nifty stocks.

#SRF is having overall channel up-move
The stock got crucial support near 2080
Now RSI is just at 50, yet to convincingly cross it
It #stock can sustain above 2425, it can rally towards 2800 (upper boundary of channel)
#Stocks #nifty
Not trading call, academic post

WHAT IS OPEN INTEREST, HOW TO ANALYZE IT AND DOES IT WORK?

In the thread I'll explain everything about Open interest and also all the tools used to analyze it and my personal opinion.

THIS IS THE ONLY THREAD YOU'LL EVER NEED ON OPEN INTEREST.

1: What is Oi?

Support if Mr A buys 10 lots of 17000ce in Nifty and Mr B sells 10 lots of call in Nifty then the total Oi on 17000 strike price will be 10.

So Oi is basically the number of outstanding contracts which are not squared off.

2: What is Oi used for?

Oi is only used to determine support and resistance on a particular strike price.

For eg: Nifty 16000pe has the highest Oi and 16200pe has to highest Oi.

So 16000 and 16200 level can be considered as good supports.

In the same way, 16500 ce has highest Oi and it can be considered as a resistance.

3: But why?

Highest Oi at 16500ce indicates that highest number of people have sold it BUT it also means that highest number of people have Bought it!

If 16500 acts as resistance, the option will go to 0 and all the buyers will lose money.

In this session we talked about
1. Basics of Option Selling
2. Directional Vs Non Directional
3. Straddle and Strangle Backtest
4. Benefits of Automated

I've spent months trying to identify how to find a stock that is about to outperform markets...

And, finally I nailed down on this 👇

Relative strength!

Here is a simple indicator on Trading view for you!

https://t.co/Iwl5cw6Gv6

RT to help people find outperforming stocks!