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)

#HDFCAMC

Symmetrical triangle breakout in weekly chart.. next resistance is 3240-50, once this level is taken out might trigger 3780 and 5000 levels.

How you can filter stocks for Intraday trades - 🧵

As a kid, we would do homework before school the next day - you have to do homework here too. A specific sector performs on a particular day and studying things a day before will help you spot that particular sector. (1/11)

To prepare for the next trading day, you got to check the Index charts of all sectors. You got to keep an eye on a specific Index if you see a few factors:

- If any Index closed exactly at the resistance, you can get a trade on either side on the next day. (2/11)

- If it gave a rejection candle at resistance.

- If any Index closed exactly at support, you can get a trade on either side the following day.

- If there was a bullish signal at the support.

- If any Index gave a breakout or breakdown and then gave a good closing. (3/11)

- If any Index has taken support at 50 or 200 EMA.

Once you spot the Index, look at all the stocks in that particular Index. Pick at least 3-4 stocks from that Index and add them to your watchlist for the next day. It's ideal to check both higher and lower timeframes. (4/11)

What you should do next day? (When I am unable to check Indices and stocks a day before, I sometimes directly start with this process.)

- Start with checking the top gainers/losers list. I observe market from 9:15 to 9:45am to check the sectors performing well on that day.(5/11)

Detailed thread as I promised to RIDE THE TREND with super ease✅

Do read fully as it starts from basic to end & can be long one...

Do retweet & like as this is yrs of my hardwork in few tweets (1/n)

1) For riding trends, first you have to understand trends - Here is how a complete cycle of stock looks like..Stock has 4 stages...We need to be in 2nd one to make money.
Now here we go deeper into stage 2 (2/n)

2) Any stage 2 has phases as this is not a linear journey but the stock will set up multiple bases in between...Below is the example of Balaji amines that highlights how the stage 2 in reality looks now.....

3) So a Stage 2 has periods of bases in between which are the typical resting period for digesting earlier gains. Theoretically looks like this..Stage 2 then a base within stage 2 and stage 2 resumes....

4) The real question is how to ride trend between the bases peacefully so that we don't have to wait in consolidation.

(1/3)

I am using only one indicator in the chart.
i.e DC(20) = Donchain Channel
I use 3 min chart and the DC period is 20, so DC high is basically the last 1 hour high & DC low is the last 1 hour low.
The middle line is the median of high and low.

(2/3)

Donchian channels are mainly used to identify the breakout of nifty/BNF.
We can take directional bias based on the indicator.
If nifty is breaking DC high, can take bullish view.
if it is breaking DC down, can take bearish view.
if it is in between, can trade range-bound.

(3/3)

We can monitor nifty/banknifty futures with volume along with DC.
If the volume is 1.5 to 2 times the average volume and if DC high/low is taken out then it can be a strong bullish/bearish signal.

𝗦𝘁𝗼𝗰𝗸 𝗦𝗰𝗿𝗲𝗲𝗻𝗲𝗿𝘀 🚀🚀

All my screeners in one place.

I like to keep it simple, so use just a few basic screens. And a lot of manual chart reading.

(Thread 🧵, read on...)

Trend Template for Momentum Stocks

My main screen which I run every weekend to prepare my watchlist.

Link -

Near All-Time-High (ATH)

My auxiliary screen that I generally use when the trend template is generating too many candidates, and I need to zero in on the very best.
(Happens usually during strong up trending market)

Link -

Relative Strength (RS) List

My utility screen which I usually run at times when the market is experiencing general weakness within a longer term bull market, or during a bearish phase.

Gets me stocks holding up the best in the general weakness.

Link -

@Prakashplutus Gold price is inversely related to the bond yields.

Higher the bond yield lesser the #Gold
#US02Y

Going To Post One Example For Breakout Trade Which I Said to Share Few Days Back

I Am Not Saying You Will Find Setup Like This daily But Whenever You Will Find It Will Definitely Give You Best Reward

So If You Find This Useful Kindly Share And Retweet For Learning 🙏🙏🙏

Setup Used :

🔶Exponential Moving Average( 21 )
🔶Standard Pivot Points
🔶Volume Chart
🔶Manual S&R and OR

One Can Easily Find Trade Based On This Setup And Can Easily Earn Good Money In Cash Trading

Lets Learn How To Use It IN Live Market

1.) IBUL Opened Gap up ( Above PDH )
2.) Marked OR H&L And Saw That OR High
& R2 is Nearby Hence We Will buy Above OR High
3.) Once OR High Broken Entry HAs Been Triggered With SL As Given In Chart
4.) Once OR High Crossed Movement Was Too Fast And Stock Crossed R3.

continue...

5.) So IF You Want To Add More Quantity You Can Add And Scale Up Position So That We Can Maximize Our Profits
6.) Now Keep Trailing Your SL Once you Get 1:2 RR Book Your Position Or Keep Your SL At Cost
7.) If You Want To Ride Complete Trend Then Keep Trailing Your SL As 21 EMA

8.) Once 21 EMA is Broken Completely Exit From Position

As You Can See In Below Picture That Once 21 EMA is Broken Trend Completely Changed Hence Follow Rules Strictly Because We will Follow Trend