1/n I have not seen a single 2 - 3 day position trading system which is as simple as this. Experts will say RSi not applicable in 15 min time frame, I say first understand the the calculation of RSI :-). no need of scanner.
just discipline and risk mgmnt
#RSI #divergence

2/n: System as explained before:
4 step process
1. Identify stock from EOD chart
2. Look for RSI Divergence in 15 minutes
3. Wait for Consolidation and range break.
Trade in the direction of break.
4. Trail for at least 1:3 RR or SL.

3/n: Had posted last week about weak EOD chart of MnM. See what happened this week despite the fact that the overall market was bullish.
It is a zero loss trade now.
Invest in yourself. No guru can make you a successful trader. #hardwork #discipline

4/n: there are many more examples of this if you see my timeline. it works across markets even in bitcoin lol!
Keep it simple. Trick is always in the risk reward and position sizing.
Must only take trades which have minimum 1:3 RR.
Do not use excessive #leverage.

5/5: Charlie Munger: “If you’re smart you don’t need leverage; if you’re dumb, it will ruin you.”
Cant put it better as I have been on both sides :-)

Tamasoma Jyotirgamayah!
#weekend #learn #trade #success

Make no mistake, CONSISTENT big returns require:
1. Concentrated positions
2. High turnover
3. Small losses
4. Nailing down decent profits into strength
5. Never letting good size gains turn into losses
6. Defending breaking
7. Maintaining a positive reward/risk relationship

#6 should read "defending breakeven point"

Marico is undoubtedly the gold Standard of FMCG concalls

- Rich disclosures

- Concall always has an insightful commentary from the CEO

- What the company is thinking and doing is clearly told or answered over the call

- Nothing left ambiguous!

No reco.

#FMCGwithJST

The Nifty CPSE Index on the right and the momentum in PSU stocks.
@CNBC_Awaaz @CNBCBajar

KISS (Keep it Simple)

1. Identify Eagle Stocks from @mystockedge Swing Strategy
2. Make a Watchlist in both @mystockedge and @tradingview
3. Track the price movement and enter the stock when the price showing strength and continue till RS strong

E.g #ALKYLAMINE , what a beauty.

Possible Reversal Stocks

Decent fundamentals
High delivery
Near supertrend support.

@mystockedge

New Combo scan: Strong Stocks with High Delivery

@mystockedge

R2 se niche vwap se niche aya ek baar bhi uske upar nahi gaya ek baar vwap ke upar aya par R1 ke upar nahi tika simple

#GraphiteIndia 735

730 zone is Fib resistance If we get a weekly close above that tomorrow then 860+ would open

#HindCopper 158

BO on daily charts above 165 would open up

My colleague @RenuYadav08 explains the process of making a Will. The subject is uncomfortable, but matters now more than ever #investment #successionplanning #estateplanning

Full article here:

#GoldINR returns on 3 yr and 5 yr rolling basis in the last 14 years that also saw one of the worst bear markets of this current century.

Mind you SGBs are providing these returns tax free = taxable 2.5% interest... Overall nearly a tax free CAGR of 12.8%

Read = as+