VWAP is the single most important filter which I've used in my trading system for a long time now.

Here are my 2 cents about it. Just reiterating the practical uses of VWAP ❤️

Following is the MEGA Thread on VWAP 🧵🧵

Importance of VWAP in intraday trading

VWAP stands for Volume Weighted Average Price, it takes in account the price average with volume included in it. Let’s not stick to the mathematical part and focus on the practical uses of the same.

VWAP is reset everyday, however the previous day VWAP also plays an important role as you’ll see later in this thread.

If any price is trading above the VWAP for 1 hour, it shows that more or less buyers are in net gains for that day so far, so as a filter: I never buy anything which is below the VWAP or sell anything that is above the VWAP

I do have many criteria for taking a trade, but I hope you understand that VWAP can be a really good Filter to clear out 50% of your wrong trades.

Top 10 Psychology Books That Everyone Must Read :

1. The Power Of Habit

2. Thinking, Fast and Slow

3. 12 Rules for Life

4. Influence

5. Atomic Habits

10 netflix documentaries that will change your life + mindset

1. Expedition Happiness

2. Resurface

3. Happy

4. Minimalism

5. The Playbook

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.

Complete Guide to Swing Trading
A Mega Thread 🧵
With Live Charts and Examples

Comment " Yes " and I will Put the link of pdf on Course on Swing Trading

Criteria for Swing Trading :

Uptrend HH HL Structure
Stage 2 Uptrend
Volume Expansion during Breakout
Pullbacks with Lower Volume
Base Formation ( Rectangle , Vcp Etc)
Relative Strength > 0
21 ema > 50 ema > 200 ema
Stocks near 52 week High
Stocks near All time High

1/n

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.

There are 1000s of indicators in Technical Analysis...

But you need to MASTER ONLY ONE🎯to win in markets...

I selected 'Commodity channel index' (CCI) as my PRIMARY INDICATOR & all my scanners are a variation of this...

MULTI TIMEFRAME POSITIONAL STRATEGY using CCI...🧵

1⃣ CCI Basics

• CCI > 100 = Bullish and overbought
• CCI < -100 = Bearish and oversold

2⃣Entry criteria

• CCI(34) on Weekly crossed above 100
• CCI(34) on Daily >100
• Entry: above weekly swing high
• Stoploss: Recent swing low on daily chart

3⃣Exit criteria

• CCI(34) on Daily < -100
• Holding period: Few days to many months

Pyramiding your winners should be considered to make your winners big.

Separate post on this to follow.

4⃣ Why trade on a multi-timeframe?

• This is a top-down approach where we observe the larger trend of the stock before we take entries on the smaller or medium trend of the stock. This concept can be compared to tides in the sea.

5 unique archaeological sites in India

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A brief thread

There are many prehistoric sites in India, which shed light on the history of human settlement in the country.

We find such sites all across the country.

In this thread, let us know a little bit about 5 such unique sites.

1. Bori (Pune)

(Not to be confused with BORI - we are old, but that old)

One of the oldest pieces of evidence of humans in India, reported artefacts from Bori suggest the existence of humans in India around 1.4 million years ago.

But the most amazing part is that -

The site was found covered in volcanic ash, which came from the eruption of the super-volcano Mount Toba.

Eruptions of Mount Toba over the millennia are believed to be extremely influential catalyst events in earth's history.

2. Isampur (Karnataka)

A densely concentrated complex of 200 odd sites, Isampur excavation uncovered a human settlement that is approximately 11 lakh years old site.

At Isampur, ancient man-made tools made from the bedrock can be found.

10 Books on Stoicism That Will Make You a Better Stoic:

1. Meditations by Marcus Aurelius

2. The Daily Stoic by Ryan Holiday

3. Stoic Wisdom by Nancy Sherman

4. The Greatest Empire: The Life of Seneca by Emily Wilson

5. Rome's Last Citizen by Rob Goodman and Jimmy Soni

THREAD
#AdiShankaracharya Swami Jayanti, 2022.
If today I'm identified as a true Sanatani Lad, that's only because of my Adi Guru, Sri Shankaracharya Maharaj, the establisher of Sarvapuratan Sanatan Dharma and Sanskritization.
😍🙏🏼🚩

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The Jayanti of Adi Shankaracharya falls on the Panchami Tithi during the Shukla Paksha in the month of Baishakha. He was born in Kalady of Kerala state in 788 CE. He has played a major role in the revival of Sanatan Dharma and Hindu Philosophy.
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He was born to parents who were ardent worshippers of Bhagvan Shiva, Adi Shankaracharya was a prominent Vedic scholar and a teacher who was known for his work on the development of Hindu Concept all over the world. His journey in Sanyas began with his mother's crocodile
⬇️

incident in which she believed that Adi Shankara was not an ordinary person. He was popular for his work which presents the harmonising reading of Vedas, Upanishads, Puranas & Sastras. Adi Shankaracharya also liberated knowledge of the self at its core by synthesising the
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Advaita Vedanta teachings of his time. He has established the Char dham (North- Badrinath Dham, East - Shree Jagannath Dham, West -Dwaraka Dham, South -Rameswaram Dham)
The Char Dhams are a set of four pilgrimage sites in India and visiting these sites help achieve the moksha.

Good morning! Jai Shri Ram 🙏
Age 26 when this man received Yogvidya from Sadhu Jayaanand Matha in Rushikesh. Try to recognize this person, who is our Prime Minister today.... Very rare & unbelievable video... You will also be surprised.

As the Eon, changed & entered the age of Treta, the second of four yugas, on Akshaya Tritiya, ancient poet Vyaas, began narrating the Epic Mahabharat to Ganesha. How time weaves the transcendental with the now, exalting awareness of Life & the Earth, making stories our bridges.

Akshay Trutiya Wishes To All..!!!

15 Must Read Books That Will Change Your Life :

1. Atomic Habits

2. Deep Work

3. The Power Of Habit

4. The Psychology Of Money

5. Mindset

10 Stoic Quotes On Ancient Knowledge To Motivate You

1.

2.

3.

4.

5.

This story is from the life of Charlie Munger, from long before he was rich and famous, and before he had a large and happy family.

The story dates to 1953 when Charlie, then 29 years old, got divorced from his (first) wife of eight years. Divorce had a huge social stigma attached at that time and it was the first blow for Charlie.

His wife also got almost everything in the separation, including the house. Charlie’s friends revealed that he moved into “dreadful” conditions after this divorce.

He, however, summoned all his courage, worked crazy all week to recover the money lost in the divorce. This was, however, just the beginning and life had to still test him out further.

A year later, Charlie’s 8-year-old son Teddy, was diagnosed with leukemia (blood cancer). He scoured the medical community but quickly discovered the disease was incurable.

For 7 yrs I struggled to ride trends..

& in 2015-17 when I started learning TA smthng crazy happened..

Here is a simple strategy that helped me..

• Identify turning points in stocks
• Find quality stocks
• Not panic & ride trends
• Finally make 💸

CCI & Pivot Strategy🧵..

1⃣ How to filter stocks? Is there a scanner?

There are 1000s of stocks in the market & you need to invest in only a few.

How do you narrow it down to a select few?

Use this simple CCI based scanner every

The best traders take advantage of alternate entries to build positions before a stock becomes obvious to the crowd.

Here are 7 lesser known Chart Patterns that are a MUST in any trader's tool box 🧵👇

#1: Alternate Pivots

Alternate pivots offer earlier entries when compared to regular pivots.

These pivots are important because:

▪️ They offer the same if not better R/R then regular pivots
▪️ Less volatility around these areas
▪️ Allow you to start positions EARLIER

#2: High Volume Close (HVC)

The HVC is created from a big volume gap up.

The close of this day is an important point for institutions to support.

If institutions are in supporting this point, price should be very responsive - making it a great, lower risk entry.

#3: Pivot Retest

The pivot retest setup happens when price retests the prior support/resistance point & then rallies back through.

This can be a powerful setup as it acts as a 'shakeout' and reverses higher with stronger hands holding the name.

#4: In The Wick Setup

We are looking for stocks that open in the wick of the prior session's bar.

The buy trigger is when price moves through the prior day's high.

The stop loss should be the low of the current day.