BC SCREENERS
Saved by @SAnngeri

One of the most successful stock trader with special focus on cash stocks and who has a very creative mind to look out for opportunities in dark times

Covering one of the most unique set ups: Extended moves & Reversal plays

Time for a 🧵 to learn the above from @iManasArora

 What qualifies for an extended move?

30-40% move in just 5-6 days is one example of extended move

How Manas used this info to book profits

https://t.co/0kXazcQALq
Post that the plight of the stock:

https://t.co/RacbhJa8LY
Example 2: Booking profits when the stock is extended from 10WMA

10WMA = 50DMA

https://t.co/ecETkv9cGV
Another hack to identify extended move in a stock:

Too many green days!

Read below

https://t.co/Rls20fFu0u
When you buy a stock, first check whether they are extended from the MA, if yes then the probability of those stocks performing is lower

Read this entire thread, to know the rules of extended

https://t.co/532mOFvRwZ
Check you trade journal now, and go through the trades that didn't work, now check whether those were extended?
https://t.co/0oKyHpCvUD
Positional/Swing traders are always have one question, when to book profits?

Ans: Exit partial qty when the stock gets extended

Simple yet Effective!
How extended move on the upside can be used to Short a stock:

Example 1: Shorting #JSWSTEEL on the basis of Extended move

https://t.co/k5aiwJCJG1
Example 2: Shorting #ADANIENT on the basis of Extended move

https://t.co/dnZUtTVNsN
And this is how @iManasArora shorts Index #NIFTY basis extended move

https://t.co/NoEGLHsrQp
Not many traders short, especially the newbies, so here is an imp note:

Disclaimer: These stunts are performed by a pro @iManasArora , pls dnt jump directly into shorting without knowing the basics
So far you have understood two things:
1. Never enter an extended stock
2. Use the extended info to book profits or go short

But then, long only traders in cash segment think they cant utilize the opportunity in a down trending market
Time to bust this myth, @iManasArora shows how one can use the extended info to go long - REVERSAL PLAY!

Look for stocks down 4-6days in a row. Then look for reversal signs on a much lower frame to enter.

Manas believes: Excessive weakness offers a good long opportunity!
Thinking out of the box!

Lets see how @iManasArora Walks the Talk
How to use extended moves on the downside for reversal plays

Example 1: #BAJAJFIN

https://t.co/SlFjIQf8wg
How to use extended moves on the downside for reversal plays

Example 2: #BSE

https://t.co/8k5oRE2XQR
How to use extended moves on the downside for reversal plays

Example 3: #NBCC

https://t.co/ZAyeqZkVeb

Spot extended moves in your P&L as well, and know when to slow down

https://t.co/7EyV2Vy2iH
How to use extended moves on the downside for reversal plays

Example 4: #ASHOKLEY

https://t.co/cL4FWA9MTN
How to use extended moves on the downside for reversal plays

Example 5: #DREDGECORP

https://t.co/6T42RK9Wq1
How to use extended moves on the downside for reversal plays

Example 6: #JSL

https://t.co/tgCZLDNKam
How to use extended moves on the downside for reversal plays

Example 7: #AFFLE

https://t.co/si4X8rQyHZ
How to use extended moves on the downside for reversal plays

Example 8: #DRREDDY

https://t.co/uOxtBp8joy
Lets check how to play reversals on fresh listed stocks i.e. recent IPO's
How to use extended moves on the downside for reversal plays

Example 9: #NYKAA

https://t.co/5HEGPPhQEV
How to use extended moves on the downside for reversal plays

Example 10: #PAYTM

https://t.co/a4cFTjvXMl
Be creative and have an open mind!

https://t.co/NgcRMZtiOP
When to fold in Reversal Play,

https://t.co/g8PvVjYXqN
A lot of people have a question, what if it falls further?

Ans: You can always get out with a small SL, but but but, remember the opportunity is only gonna get more sweeter
Since, @iManasArora enters a trade with tight stops of 1-2%, he has studied the behavior of his trades in past, and from experience he knows how much time they take to perform or fail!

You can use this info to build a system of yours!
Applying extended move logic not just to stocks but extending it your P/L
Now when the stocks have an extended move on the downside, instead of being grumpy, be happy that the opportunity to play the Reversals is round the corner

#BroTip
You can also go through his TL @iManasArora which itself is a pool of knowledge

If you❤️this, why not share?

Retweet the first tweet and help others find this 🧵

Happy learning 🤓 to everyone!

More from Nikita Poojary

Nikita Poojary
Nikita Poojary
@niki_poojary
90% of the traders lose money in the market despite following the best systems.

They either fix the entries, exits or replace the whole system with a new one.

The only thing you need to fix is the MINDSET!

🧵 with Subashish videos.

Collaborated with @AdityaTodmal

The secret to getting from where you are to where you want to be:

1. Define clear goals.

2. Action plan to achieve the goal.

3. Act on the action plan.

4. Eliminate self doubt due to failure.

5. You 'll get the same output if you use the same input.


Motivation is what gets you started, commitment is what gets you going.

6. WHY: is the driving force towards your goal.

• Commitment is the determination of a person to achieve the said goals, no matter the obstacles.


You don't trade the markets, you trade your beliefs about the markets!

7. Limiting beliefs are false beliefs that prevent us from pursuing our goals and desires.

To understand more about belief systems read the book Super Trader https://t.co/AQNE7uhu2K


Discipline to follow rules is a mark of a top trader:

8. Check whether you have followed your set of rules.

9. Analyse the reasons for your profits/losses.
ALL
Nikita Poojary
Nikita Poojary
@niki_poojary
Tradingview is one of the most trusted and used web application by traders across the world.

10 hacks that'll get you features of @tradingview premium version for free:🧵

Collaborated with @AdityaTodmal

1/ Free Multi Timeframe Analysis:

Step 1. Download Vivaldi Browser

Step 2. Login to trading view

Step 3. Open bank nifty chart in 4 separate windows

Step 4. Click on the first tab and shift + click by mouse on the last tab.

Step 5. Select "Tile all 4 tabs"


The best part about this is this is absolutely free to do.

Check out this video if you are still unable to figure it

2/ Create Free Multiple Watchlists:

Step 1: Download @TradingView app on your mobile phone, and login.

Step 2: Now create watchlists eg: World Indices, Banking Stocks, NIFTY50 stocks etc.

Step 3: Now go back to your tradingview web browser and click on refresh and you will see the watchlist names on the web browser.

Step 4: Now simply add names in your watchlist on the web browser by clicking on the plus sign.
ALL
Advertisement
Nikita Poojary
Nikita Poojary
@niki_poojary
Few weeks ago @Ronak_Unadkat Sir conducted an exclusive session for me & @adityatodmal to explain how he trades.

He was kind enough to share all his trade strategies and was patient enough to answer our doubts.

Thought of making a 🧵for the benefit of the larger audience here.

Sir's Option Selling Logic 🧵:
• Reversals in Intraday Option selling
• Strike Selection & SL
• Hedging for any Black Swan Event
• Positional Option selling
• Ratio Spreads
• How to manage the positions
• Capital mgmt

In collaboration with @AdityaTodmal


How to play reversals
• Always look at the chart as a starting point
• Spot the Swing low
• Sell Strikes 300-400 points below that swing low
• Buy a proper hedge


• Example on how to play reversals on Intraday
• Instead of the selling the support strike sell a bit far


• As the strike is far from the support you get enough cushion

• As soon as the SL is hit, you can exit the positions

• without your strike coming into ITM
ALL , OPTION SELLING
Nikita Poojary
Nikita Poojary
@niki_poojary
1000 days ago, I started learning about Support & Resistance.

Here are 10 pointers from Support and Resistance that'll get you started in the next 3 mins: 🧵

Collaborated with @AdityaTodmal

1/ Understanding Support and Resistance:

• Support levels indicate where there will be a surplus of buyers.

• Resistance levels indicate where there will be a surplus of sellers.


• When the price moves up and then pulls back, the highest point reached before it pulled back is now resistance.

• When the price continues up again, the lowest point reached before it started back is now support.


2/ What is a Support:

• Support is the level at which demand is strong enough to absorb the supply.

• The price is likely to bounce back and moves up in the opposite direction.

• Support is a level where the demand from buyers is expected to be much higher than sellers.


3/ What is a Resistance:

• It is the opposite of a support level.

• It is a price point (ceiling) at which the stock price is not expected to rise any higher.

• Resistance is a price point at which there are more sellers than buyers in the market for a particular stock.
ALL
Nikita Poojary
Nikita Poojary
@niki_poojary
Shortlisting stocks is a tedious task.

Here are the 10 most Powerful Positional Setups with Screeners that is available for FREE: 🧵

Collaborated with @AdityaTodmal

1/ Short term breakouts:

This strategy involves finding stocks that are trading near their high in the past 4 months with rising volumes and closing strong, indicating a possible breakout.

• 15-minute stock breakouts

2/ Volume Shockers (stocks with rising volumes):

Stocks that have seen a sudden spurt in their volume by over 2x times the average volume over the past 10 trading sessions and have gained or lost more than 5%

3/ Potential breakouts:

• Stocks nearing 200 day high by 5% & showing consolidation for the past 30 days with volume above 50 day

4/ Strong Stocks:

• This strategy involves finding stocks closing higher than their previous trading day continuously for the past 5
STOCK

More from Screeners

ScorpioManoj
ScorpioManoj
@scorpiomanojFRM
#Tool
Inside Day + Inside Week + Inside Month Candle pattern filter in Chartink. These stocks have high chances of breaking out / down.
Use at your own risk. Not specifically tested. Logic is based on common
SCREENERS
Naveen Kumar
Naveen Kumar
@naveenksyal
@Trendmyfriends Super Trend 10,2

@buzz_chronicles save as screeners
SCREENERS
Advertisement
Learner Vivek Bajaj
Learner Vivek Bajaj
@vivbajaj
#PowerofRS
Entry or Exit
All Sorted
SCREENERS
Krunal Thakkar
Krunal Thakkar
@KrunallThakkar
Don’t underestimate the power of circuit stocks;
and never underestimate the power of micro caps!
They give the cleanest textbook setups and respect fib levels.

Mind you, you’ve to time your entries and exits perfectly.
SCREENERS
Sandeep Kulkarni
Sandeep Kulkarni
@moneyworks4u_fa
Of all the 'macro indicators' out there, if i had to choose one to assess risk-reward for equity markets, it would the this 👇
SCREENERS

You May Also Like

Patrick Chovanec
Patrick Chovanec
@prchovanec
I'm going to do two history threads on Ethiopia, one on its ancient history, one on its modern story (1800 to today). 🇪🇹

I'll begin with the ancient history ... and it goes way back. Because modern humans - and before that, the ancestors of humans - almost certainly originated in Ethiopia. 🇪🇹 (sub-thread):


The first likely historical reference to Ethiopia is ancient Egyptian records of trade expeditions to the "Land of Punt" in search of gold, ebony, ivory, incense, and wild animals, starting in c 2500 BC 🇪🇹


Ethiopians themselves believe that the Queen of Sheba, who visited Israel's King Solomon in the Bible (c 950 BC), came from Ethiopia (not Yemen, as others believe). Here she is meeting Solomon in a stain-glassed window in Addis Ababa's Holy Trinity Church. 🇪🇹


References to the Queen of Sheba are everywhere in Ethiopia. The national airline's frequent flier miles are even called "ShebaMiles". 🇪🇹
CULTURE
SK
SK
@sk_diary1
A #story from #Thiruvilayadal puranam-one of divine leelas of Bhagwan Shiva

#threadseries #Madurai

Story 16- it is about how Bhagwan Shiva explained the meaning of Vedas to the Rishis.

வேதத்துக்குப் பொருள் அருளிச் செய்த படலம்


Once there was a great deluge,everything in the world was destroyed.All lifeforms that existed got perished.Afterwards ,due to Bhagwan Shiva creation started.Then from Bhagwan Shiv ji's mouth-birth of 🕉 OM- Pranavam happened.From Pranavam,4 vedas appeared. Rishis learned them.

Many Rishis in Naimisharanya learned Vedas&recited them but they didn't understand the meaning&essence of Vedas. They were worried as they couldn't find any guru who can teach them the meaning of Vedas.That time,Rishi Arabhatar visited them.Rishis told him about need their worry.

Rishi Arabhatar told them that Bhagwan Shiva has given Vedas &he would be grateful enough to teach the meaning as well.But for that rishis have to rigorous penance at a sacred place.Also told them to go to Sundareswarar temple in Madurai to do tapas in front of Dakshinamurthy.

Assured them that Dakshinamurthy himself will come & teach them.Rishis proceeded to Madurai & started their tapas in front of Dakshinamurthy sannidhi for almost a year starting from Karthigai month pournami to next year Karthigai month pournami following all rituals..annadan
ALL
Advertisement
Steve
Steve
@braidedmanga
Ivor Cummins has been wrong (or lying) almost entirely throughout this pandemic and got paid handsomly for it.

He has been wrong (or lying) so often that it will be nearly impossible for me to track every grift, lie, deceit, manipulation he has pulled. I will use...


... other sources who have been trying to shine on light on this grifter (as I have tried to do, time and again:


Example #1: "Still not seeing Sweden signal versus Denmark really"... There it was (Images attached).
19 to 80 is an over 300% difference.

Tweet: https://t.co/36FnYnsRT9


Example #2 - "Yes, I'm comparing the Noridcs / No, you cannot compare the Nordics."

I wonder why...

Tweets: https://t.co/XLfoX4rpck / https://t.co/vjE1ctLU5x


Example #3 - "I'm only looking at what makes the data fit in my favour" a.k.a moving the goalposts.

Tweets: https://t.co/vcDpTu3qyj / https://t.co/CA3N6hC2Lq
FINANCE , ALL
Hector Navarro
Hector Navarro
@Hectorisfunny
I'm going to attempt to chronologically list all of the Marvel characters Stan Lee had a hand in creating. Working with his genius collaborators, Stan and his team produced an insane amount of iconic characters in a roughy ten year period. (Thread)


With his younger brother, writer Larry Lieber, and Jack "the King" Kirby:

Groot

Tales to Astonish #13 (November, 1960)


With writer Lieber, and artist Kirby:

Fin Fang Foom

Strange Tales #89 (October, 1961)


With the King, Stan gives birth to the Marvel Universe:

The Fantastic Four

Fantastic Four #1 (November, 1961)


With Jack Kirby:

Mister Fantastic

Fantastic Four #1 (November, 1961)
CULTURE
Aditya Todmal
Aditya Todmal
@AdityaTodmal
Master Thread of all my threads!

Hello!! 👋

• I have curated some of the best tweets from the best traders we know of.

• Making one master thread and will keep posting all my threads under this.

• Go through this for super learning/value totally free of cost! 😃

1. 7 FREE OPTION TRADING COURSES FOR


2. THE ABSOLUTE BEST 15 SCANNERS EXPERTS ARE USING

Got these scanners from the following accounts:

1. @Pathik_Trader
2. @sanjufunda
3. @sanstocktrader
4. @SouravSenguptaI
5. @Rishikesh_ADX


3. 12 TRADING SETUPS which experts are using.

These setups I found from the following 4 accounts:

1. @Pathik_Trader
2. @sourabhsiso19
3. @ITRADE191
4.


4. Curated tweets on HOW TO SELL STRADDLES.

Everything covered in this thread.
1. Management
2. How to initiate
3. When to exit straddles
4. Examples
5. Videos on
OPTION SELLING , OPTIONSTRATEGIES , CATEGORY