Selling into strength is a great habit to cultivate!

Learn to lock down gains and repeat the process.

BHEL may come of F&O ban for tomorrow’s trade -Open interest as of now at 79% of MWPL

PNB also very close to coming out of ban - OI at 80% of MWPL

Note- OI has to fall below 80% for a stock to come out of ban

#stockmarkets #Nifty #stocks

Linda Raschke’s 12 Technical Trading Rules

Regardless of strategy, THIS IS the Holy Grail!

Mark Minervini Explains the Holy Grail in Trading https://t.co/TAnmMPiSHe via @YouTube

I am getting many questions related to Breakout Trading.

I have mentioned all the rules in this book

https://t.co/UIwiwggEUg

2 favorite books to LEARN SHORTING:
"How to make money selling stocks short" by William O'Neil and Gil Morales

"Secrets to profiting in bull and bear markets" by Stan Weinstein (a chapter or two about shorting in there toward the end)

Just reviewed “pullback buys” with members.

The key to pullback buys is NOT “BUY THE DIP.”

It’s knowing when to buy the bounce after the dip.

Extensive presentation by

Tomorrow is 3rd Thursday of this month 🙂

BHEL

A stock which was trending in twitter till last week bcz of its vertical rally, gave a flag pattern breakout now. Simple and clear price action. Might make further rally from here

I'm ready to hop back in on #BHEL, for 100+, if we trade above 75!

So many terminologies in Banking!

Confused?😥🤔

Dont worry.

A thread🧵 on basics of Banking

Hit "Retweet" to educate Maximum Investors

Lets go👇

(1/20)

Types of banks:-

Your money should be parked in scheduled commercial Banks

Scheduled Commercial Banks
-PSU Banks
-Private Banks
-Foreign Banks
-Small Finance Banks

Do not park money is Co-operative/Regional Banks

List is shown below

(2/20)

NPA, NPA, NPA! Kya hain yeh NPA?🤔

Gross NPA (GNPA)-

It is the total loans on which no payment has been paid for 90 days or more.
GNPA % is usually shown in each Bank’s quarterly results. The percentage is basically the GNPA amount as a % of the total advances.

(3/20)

Net NPA (NNPA)-

The total figure left after deducting provisions made for bad loans from GNPA.
(GNPA – Provisions+upgrades/writeoffs = NNPA)

(4/20)

Special Mention Account (SMA) –

SMA-0

SMA-0 is a category in which stress with respect to the principal and interest has remained overdue for a period of 0 to 30 days.

(5/20)

Lot of learnings in this chart.... zoom and see each point.

#Gold

---THREAD ON F&O BAN---

📛 What’s F&O Ban?
Stock goes into ban when combined Open Interest (OI) of both Future & Options contracts across series & across exchanges exceeds 95% of Market Wide Position Limit (MWPL)

Reason for stock going in ban is to curb EXCESSIVE SPECULATION

📛 What happens when stock goes into ‘FNO ban’?
-One CANNOT take Fresh positions
-But CAN square off existing position

📛 Can you trade?

Yes, you can take ‘INTRA-DAY’ position ONLY if your broker allows

But If intraday position ‘NOT CLOSED ‘

Then exchange levies PENALTY of 1% of value of increased position subject to minimum penalty of 5k & max of 1 lakh

📛 When stock is in ban can you reverse an existing position in a stock that is in FNO ban?

'YES'

Example

-If you are long on 2000 Call strike of RIL
-Can reverse with opposite position by selling 2000 Call strike

📛 When does the stock come out of ban?

-When OI falls below 80% of MWPL

Note: Exchange releases MWPL data for all F&O stocks monthly

Bajfinance :
Breaking out on short-term charts !!!

#bajfinance
#nifty
#banknifty
#EquityDynamo

⚡️How to play the Commodity Cycle?

"Buy at 50 PE and sell at 5 PE"

If you understood this, you will do well playing them.

Happy Investing !!

Momentum always fade before it reverses. No abrupt reversal in it.
U can see in the pic below, it always passess through a choppy zone, before trend reversal to give a clear momentum.

With a huge gap up and no follow through today, price is still not bearish
means no short now