You might be using chart patterns incorrectly if you've not seen this.

Data says 81% of people trade these patterns incorrectly, and you might be one of them.

Read now or regret later:: A complete guide on Top 5 chart patterns in this thread 🧵:

If you are spending Rs 40-50k on research related to Trading/investing.

Hold on, these 7 tools/websites are absolutely free ::

A thread 🧵

1/ @tradingview :

TradingView is the best platform for doing chart analysis. Mobile app and software are also available which a user can use.
There are thousands of indicators and tools available for

2/ Chartink Screener:

It is the best screener that is available to scan and filter stocks out of 1000+ stocks. There are free screeners available and you can create your customized screener.
They also have a dashboard where you can add multiple

3/ Opstra:

This is a good platform especially for futures and options traders. They can analyze payoff of their position, probability of winning, max profit and max

4/ @screener_in :

Screener is one of the best platform to filter out stocks based on the various fundamental parameters. Investors shouldn't miss this and as it will help them in analyzing

#Darvas #Box is a simple and interesting strategy used by the trader. It is a momentum strategy with no technical indicators.

This learning thread would be on "Darvas Box Strategy"

Like and Retweet for wider reach and for more learning thread in the future.

@AmitabhJha3

1/11

Darvas Box is named after Nicolas Darvas, who was a dancer and self-taught investor.

He discovered "Box Theory" after gaining experience from the market and he believed that the shares which move up and down the chart move in a specific box pattern.

2/11

There are some condition to use Darvas Box and we will discuss only buy strategy:

1. Stock should be trading near all time high levels
2. Fundamentals of the company should be good
3. Volumes play a crucial role

Prefer to use it daily time frame and above.

3/11

When the price is near all time high levels, if price consolidates then there is a range or box formed having a upside ceiling and downside floor. Price consolidates in this range before breakout.

Volumes during breakout is very important and it should be high.

4/11

Let's see some example now.

Dmart was trading in a range of 1955-2438 for six months.
After breaking this range upside, DMart price rallied from 2500 to 3200+ (Rally of 28% in 3 months).

During breakout volumes should rise and it should spike up.

5/11

Summarizing the #Tax you have to pay while #Trading and #Investing in Stock Market.

Sharing it as ITR Filing for last Financial Year has started.

Like and Retweet for wider reach.

Everyone wants to own a 10-20 bagger 🚨✅

But 99% dont know that all MULTIBAGGERS have these things in common.

10 characteristics of trading Multibaggers:

Pre summary:

Baggers to study :
1. Tata Elxsi
2. Elecon
3. SRF
4. Mirza

Returns in % attached below :

1. Always reclaim 200dma

: Chances are that they will always dip below 200dma and will make a range and again move higher

: Any stock above 200DMA will always be on a long setup

: Unless any news popup stocks above 200dma are always bullish

2. Smaller pullbacks

: These strong stocks will see big retracements but when they are in an upthrust it is always seen that they will bounce back from 0.382

: Deeper pullbacks take place but with shrinked volumes

: Narrow range candles while falling down

There are more than 5,000 YouTube channel related to stock market learning.

These are Top 5 underrated YouTube channel that will definitely help you in trading and investment.

1st one is our favorite, and you shouldn't miss subscribing to it.

A Thread 🧵:

1/ KA Charts:

This channel belongs to our mentor @KA_charts who has helped us immensely in the stock market, haven't seen anyone yet who understands and read PRICE ACTION.

He handles a fund size of more than 300CR.
One of the best YouTube

2/ Strategic Stocks:

This channel is highly underrated, this channel backtests all the popular strategies of all the top twitter traders for eg 5EMA of Subhashish Sir, Ghanshyam sir 9:20AM option strategy, every top free strategy out there is

3/ Power of Stocks - Subasish Pani

Do we even need to tell you guys anything about this man. We have all seen his journey from making 2000-4000 a day to now making 1 CR a day. Genuine skin in the game guy.

4/ TastyTrade:

Everything about Future and Option Trading is being shared by them. It can be a complete library for a trader who want to learn F&O trading. If you want to understand the vast of world of options look no further.

𝗠𝘂𝗹𝘁𝗶𝗕𝗮𝗴𝗴𝗲𝗿𝘀 𝟮-𝟱𝘅 𝗦𝘁𝗼𝗰𝗸𝘀 𝗦𝗰𝗿𝗲𝗲𝗻𝗲𝗿

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

Join Telegram for more such learning

Unlock the power of volume to increase your trading profits and to Discover the hidden market insights that volume profile can reveal.

Here are 3 Intraday Strategies to maximize your trading potential using fixed volume profile ( FREE TOOL 🔥)

PAID content is FREE now

Thread🧵

Here I will use a simple FREE tool called Fixed Volume profile available even on Free tradingview version.

Watch the below video to understand the way to plot volume profile 👇

Scroll down to understand the terms and strategies

There are 4 Important components in Volume profile. Let's understand one by one starting with High Volume Zone.

Scroll down 👇

Then comes VPOC - Volume point of control

Scroll down 👇

Then comes VAH & VAL ( Value area High & Low )

Scroll down 👇

12 Free but Extremely powerful Indicators in Trading View.
🧵

1. All patterns
This will read all the candlestick patterns forming in your chart. You can initiate trade when your favorite pattern forms.
Also contains description of every pattern.

2.Elder's Force Index (EFI)
It measures the power behind a price movement using price and volume. Can also be used to identify potential reversals and price corrections. It's Divergence indicates a reversal, see in the image attached.

3. Chande Kroll Stop
Denotes the SL for either a short or long position.
Red line represents the SL for a short position, whereas the green line represents the SL for a long position. It's calculation is based on Average True range.

4. Choppiness Index (CHOP)
It determines if the market is choppy (trading sideways) or not choppy (trading within a trend in either direction).
Higher values equal more choppiness (bad for directional traders), while lower values indicate directional trending.

A COMPLETE COURSE with strategies on Trading for FREE!

Yes, you heard it right!

So, stop paying for webinars & watch these videos!

My objective with the #LearnwithTrendlineInvestor series on Youtube was to help people learn.

So, I hope it benefits!

Let’s go! 🧵...

1⃣ How to use Trading view - CHARTING TOOL?

In this video I cover all the basics a beginner needs to know as to how to use this simple yet amazing tool which is available for

2⃣ How to read CANDLESTICKS without knowing the names?

Candlesticks are the foundation of charting and I cover how to read candlestick charts without needing to know the names of

3⃣ When to use LOG/LINEAR CHARTS?

Even the biggest handles get this simple concept wrong and I teach how you can have a better perspective on charting by making a simple switch to log

4⃣ The secrets to find a significant and reliable TRENDLINE!

It's easy to get carried away with trendlines as it is totally subjective. But, don't worry in this video I teach rules which you can use to identify valid trendlines and how to draw