For Shorting like my Dixon short trade -Find stocks that have negative monthly price cycle & turning into EMA 10/20 on weekly

From there you can get low risk entry point & good R:R

Just need 1-2 good short trade for a 3% monthly gain. Extreme patience to wait for best time

#hdfc F
- Friday was ATH Close
- For 3 weeks, it consolidated above P/SVWAPs
- 3000 CE had covered 10% OI, but still has huge OI

> I shall look for Longs 'if'
- scrip breaches 3k and
- 3k CE writers start covering (Better if 3k PE writers add too)

#trading

#ArtOfWar in trading:
Thread

33 strategies of war – Robert Greene - found Trading is very similar to war, where us small traders are constantly fighting with smart money, HNI, FII, Fund houses & operators…smart money never fights with smart money thus their only resource is 1/n

to prey on small traders investors.. it’s a David vs. Goliath battle

Some rules of war, which apply to Trading:

Declare war on yr enemies – Life is endless battle & conflict & you cannot fight effectively unless you can identify your enemies. Once you gain knowledge in mkts 2/n

you will face enemies within yourself… its very necessary to identity the enemies within you to succeed… for eg. Person like myself has an enemy called overtrading..
Do not fight the last war – What most often weights you down and brings you misery is the past. You must 3/n

consciously wage war against the past & force yourself to react to the present moment.. Be ruthless on yrself, do not repeat the same tired methods… make everything fluid & mobile – we tend to remain in the past.. our last profit / loss.. previous trends hang onto the mind.. 4/n

all this needs to go.. Every trade needs mind reset..
Amidst the Turmoil of events, do not lose yr presence of mind – In the heat of battle, the mind tends to lose its balance. It is vital to keep your presence of mind. Learn to detach yourself from the chaos. Under the worst 5/n

Making a watchlist of stocks,
- Open ~= Low
- Trading above 100/ 200ema
- Better relative strength
- Near important Fibonacci retracement levels
- Trading above weekly SuperTrend

@ChartinkConnect will help you make this

PGEL
AIAENG
NBVENTURES
SUMICHEM
ROLEXRINGS
CREDITACC
BDL

These are some names that popped up in the scanner.

Let me know which stocks you are tracking.
Did anyone take a fresh entry?

#Nifty

#Eicher has a habit of making large move after sales number.
Usually an up move, let's see how the cookie crumbles this time.

#USDINR is headed towards is All time highs this month

High USD oil + high USDINR = big headwinds

@AdityaTodmal @Pathik_Trader @sanjufunda @sanstocktrader @Rishikesh_ADX Thanks Aditya..Here is improved version of the BTST Scanner

May 1st week
Vs.
March 1st week

Market breadth speaks louder than SGX nifty.

A rising wedge when broken decisively on the upside turns into a channel and stretches a little on the top of channel after a non stop move. Expecting this trajectory as of now.
#DXY

#STRATEGY
For new traders who r clueless, an intraday strategy.
In @tradingview search supertrend, u find `supertrend strategy'; inbuilt one. Change input parameters to 10/3 for nifty. This is a continuous strategy. Follow entry signals; Exit if signal is intraday or at 3.15pm.

#FreeTip An intraday pivot trading system rule snapshot for long and short and when not to take the long and short.
Handwritten rule.

Hence Proved:
Bulls love Valley's (V shaped)
#Bulls hate Mountains.
😉😉😁

Do u want to study past bear markets?

Use Weekly chart
Plot Bollinger Bands with 50,2 setting
Locate when ever price hit lower band
Locate the highest swing high befoire the fall
The period in between is bear market

Here we have 4 such occations after 2010.

#DollarIndex played a major role in the fall of crude in last 2 months , as #Dxy retraced a little , #Brent is galloping towards 110 , if Dxy sustains below 105 & move towards 130 , #Brent may retest 120+ levels
#Bidenflation #OOTT

How to add up your positions

Nifty Weekly RSI is 38 Now .

As per history , it goes up to 30 Levels 13 times in last 22 years.

10 Times Nifty Recovered from there and made new TOP. 👉( Opportunity ) 😍💸💰⛈️

3 Times it dips down below 30 & Nifty corrected more than 15 % from that level. 👉( RISK ) 💔