Preparing watchlist:
If a stock #Price makes a bullish reversal Candle/Patterns (Spinning top/ Hammer/ Even doji) at impt MA's (21/50/100/200) especially after a fall & u c #Volume build up around that zone - Voila
Mostly, Harmonics & Fibs will co-incide for further confirmation

I traded Tata Chem with 3x my normal position size today....Why ? Bcos of the setup. This is a setup i like a lot & have been successful 70% of the times - 3ib + NR7. If you get it on weekly it is even more powerful. Basically a price compression & waiting for spring action (1/n)

Secondly, today futures price O=L & wasnt broken in the 1st few mins which was like a confirmation. (A friend pointed out same wasnt true in cash, but it didnt matter then as volumes had started to build up)
Thirdly, price was resting at 21ema for the past few days and not (2/n)

ready to breakdown.
Fourthly, Max Ce Oi was @730 almost 10.93L which made the RR fantastic here.
Lastly, as per Dow theory - Price was making HH and HL's since beginning of May
If you think trading is easy & you can rely only on a single factor...think again ✌️ ( n/n)

1 FMCG stock chart has so much to teach -
1) Cup
2) Handle
3) BO
4) Retest
5) Bearish RSI divergence

What is obvious, USUALLY doesn't play out #StockMarket

Another 1 from the same space...15min chart shows massive buying in the closing minutes & CE's running for cover. Find it---> Analyse it ---> Trade it

Spotted 3 beautiful #MorningStar (Bullish Reversal) patterns in weekly tf. Find them - they could be youre winners going forward

Some underrated websites for investing research & analysis👇

1. https://t.co/lxen3s2wyP
2. https://t.co/WZfcE248ss
3.

I have earlier shared some setups/strategies for Intraday. One of them was ORB (opening range breakout) setup.. but I still get DM about this. So here's a thread about how to find ORB stocks: (1/12)

Stocks that are in consolidation or on the verge of a breakout and has already given a breakout from consolidation - both category stocks should be in your watchlist.

Now the question is.. with so many stocks around, how one must filter and check? (2/12)

I mostly trade in F&O stocks in Intraday - it has 188 stocks after new addition and can be filtered as per sector rotation.
Find the sector or theme with good recent performance and keep its stocks in watchlist. I keep an alert for breakout price when I see a good chart. (3/12)

Another way to filter stocks is to keep an eye on the new additions in the F&O and the stocks that are in news.

Not every stock gives a move of 7-8%. Look for stock that move 7-8% in one go when they give a breakout (Stocks unlike ITC that moves once in a year). (4/12)

There are a few stocks that are tailor made for ORB. And those stocks should be in your watchlist.
IRCTC, Mindtree, Bajaj Twins, IEX, TataElxsi, Naukri, Coforge are some great examples. Rest you can observe and add.
Recent examples 👇(5/12)

#USDINR is headed towards is All time highs this month

High USD oil + high USDINR = big headwinds

#INDICATORS
Intraday trading is all about identifying 3 components 1) Trend 2) Direction 3) Momentum
(TDM).
Trend - Developing cpr width
Direction - PivotShiftIndicator
Momentum - PivotRSI.

Just finished devloping color codes for identifying trades based on TDM.