Do you now see how this #Elliottwave labeling tools (12345 or ABC, stc.,) can be accessed in https://t.co/C8fkLCoGfe

My application of #Elliottwave mostly limits to identifying 12345 & ABC and all the rest are left out.

I make money; that's all matters.
Forget the WXYXZ, etc., https://t.co/2RTzJ9CLfC

#Kotakbank
One of the weakest Banking stock presents this pattern.
It has some work to do to establish it's strength but it's at such a low risk spot.
Anything goes wrong, the SL is close by.
And, when goes right, you just gotta sit tight !!
@kakakuk43296411

#Banknifty in strong uptrend
#SBI Hour trend in uptrend.
Using dips to buy in the direction of trend rewarding experience.

A simple trading system with 2 #Movingaverages
13 & 21 - Both are fibonacci Nos & capture "Divergence & Convergence" as in #Trendindicator
No Indicator, No Supertrend
Blue line - 13 Sma
Red Line - 21 Sma
When Blue moves above Red line, a BUY triggers
1. BUY Triggered @ "17174"

The thread explains my momentum scanner and how to build it in #TradePoint software.
@Definedge
Conditions :
1)EMA 8 above EMA 34 and rising
2)Candle close above previous 5 candle high
3) RSI above 60
4) Volume above previous 5 candles
5) ADX above 30
1/n

Select Double Moving Average 8 and 34
2/n

Under Patterns select Close Above Prev Bars
3/n

Qualify the candle close
4/n

RSI above 60
5/n

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.

Best candlesticks pattern for Btst:-

Bullish Tasuki Line Candlestick Pattern

👇👇👇

#StockMarket #Btst #Stocks

It consists of 2 candles.
The first candle is a long bearish red candle and the second candle is a long bullish green candle.

The second candle should open with a gap up and close above the high price of the first candle.

This pattern is mainly formed after a bearish rally or bottom formation.

In this pattern the volume of the second candle should be greater than the volume of the first candle.

It works well for btst and positional.

Can enter BTST before market closing in last 5 minutes.

SL will be below the low of the red candle.

Good time frame:- 15 minutes and 1 day (works best)

Will slowly made thread on all imp candle stick patterns for Btst.

Retweet the first tweet.
Follow us for learning Btst.