Option Buying Simplified

Very important thread for all option buyers 🧵

Just 5 minutes to read but it can change your trading a lot.

Support us by RETWEET this tweet to help most option buyers to gain knowledge & to avoid getting trapped from big players

CPR Intraday Trading Strategy Part -1

Identify Trend
Ways CPR can be used for Intraday
Ways to use both for Trend following & Failed auction

Mini Thread 🧵

Retweet to reach & benefit max traders

@ITRADE191 @PatilBankNifty @ca_mehtaravi @hjyadav @itsmerajarshita @caniravkaria

A simple diagram representation to make you understand simple ways in which CPR can be used.

Scroll down next tweet for examples

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Chart example -1 for Intraday Trend Followers

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Chart example -2 for Intraday Trend Followers

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Chart example -3 of Failed auction and reversal against the trend because of failure

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Trading is a probability business so don't be so attached to it. Remember market closes by 3:30 p.m then u have family, friends etc... which u need to make your priority

Today's stock - JSW steel

@ca_mehtaravi @Prakashplutus @VijayThk @hjyadav @charts_breakout @BissaGauravB

Having a reliable scanner can help you find trading opportunities faster and more efficiently, saving you valuable time and effort.

In this thread, we’ll be sharing a few of our favorite scanners that have helped us stay on top of the market and make informed trades. 🧵

1. 52-week high scan 💥

In this scan, you can find stocks that are within the 30% range of the 52-week high and are trading above the 30 and 50 EMA, making them a perfect candidate for breakout

2. ATH scan 🌟

In this scan, you can find stocks that are near their All time high and are likely to head higher, continuation, and VCP plays tend to work fabulously in these

3. Momentum Scan⚡️

This scan provides you with names that have risen more than 30% in the last 3

4. Stage 2 Scan 🚀

In this scan. you can find stocks that are trading above their Weekly 10, & 40

The Ultimate Guide to ‘RELATIVE STRENGTH (RS)’...🎯

WAIT… This is NOT RSI that you use day in & out…

Rather a very IMPORTANT indicator that can CHANGE the way YOU trade/invest…🤓

So, hang on as I explain this with #TATASTEEL chart...

Let’s go 🧵…

1⃣ But, how will it change the way I trade?

- Ever wondered why the stock you are holding is not moving when the market is ripping higher?

Ex: ITC didn't move btwn June’20 & Feb’22 while the market rallied

This indicator will help you get rid of such underperforming stocks.

2⃣ ok, what’s RS?

When stock A goes...

- up faster than Nifty, it is STRONG/OUTPERFORMING relative to Nifty
- down faster than Nifty, it is WEAK/UNDERPERFORMING relative to Nifty

So, RS is relative performance of a stock compared to any benchmark (refer chart for example)

3⃣ Let’s dig deeper:

A stock is outperforming/strong when

- Nifty is going up, but the stock is going up much faster than Nifty
- Nifty is going down, but the stock is going down much slower than Nifty or going up

4⃣ More definitions:

A stock is underperforming/weak when

- Nifty is going down, but the stock is going down much faster than Nifty
- Nifty is going up, but the stock is going up lesser than Nifty or going down

Struggling to find a scanner/strategy to trade stocks?🧐

In this thread, I am sharing setups I follow

✅CCI based Breakout & Reversal scanner
✅Breakout and reversal trading strategies
✅Exit strategies

If you are really serious to learn don't miss no.9⃣!

Let’s go! 🧵...

1⃣Breakout scanner

CCI based breakout scanner to identify swing trades/positional trades/investment ideas.

There are a million scanners out there. Don't get lost and start focussing on just one and perfect

2⃣Reversal scanner

CCI based Reversal scanner to spot low-risk opportunities that will help you with great R:R

3⃣ Reversal from confluence of supports trading strategy

If you've been following me for some time, by now you know this is my favourite trading strategy which can be used to catch low-risk setups.

Do watch - probably something you've been searching

4⃣Mult-time frame analysis

Increase your winning probability by doing multi-time frame analysis. You do not want to buy a stock that is in a downtrend on Monthly/Weekly

How to Find MultiBaggers 2-5x Stocks

Explained in only 3 tweets 🧵🧵

Gold standard info if you can use

Kindly Re-Tweet for Max Reach 🙏🙏

1) Screening using chart Ink -

Create a screener to find EMAs confluence 20-50-100-200 on weekly time frame.

Here is the screener created just now -

2) Now do manual screening by sorting from high volume and find the stocks that have corrected well on chart -

Look at Mirza International -

- Base formed after correction
- EMAs confluence
- Pump to 3.5x in less than a year
- Enter when candle closes above EMAs confluence

3) Last Step is to do some Fundamental Screening -

- Debt is manageable
- Cash flow not reducing
- Operations expanding ?
- Read more what's in pipeline
- Compare with peers and check if its undervalued
- Check the forecasts of that sector

Enter if passes in above

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