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There are ready-made "Popular Stock Screens" available🧵⇣⇟⇣
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This learning thread would be on
"𝙐𝙨𝙚𝙨 𝙤𝙛 𝘾𝙋𝙍"
Like❤️& Retweet🔁for wider reach and for more such learning thread in the future.
Also, an investment strategy is shared using CPR in the end.
Central Pivot Range (CPR) acts like a magnetic level for any stock/index. Traders use it for intraday but it works on higher time frame as well.
CPR is just the three lines which is like a magnet and price approaches these levels. CPR acts like a support or resistance.
What are these three lines now?
𝗣𝗶𝘃𝗼𝘁 = (High + Low + Close)/3
𝗕𝗖 = (High + Low)/2
𝗧𝗖 = (Pivot – BC) + Pivot
For intraday chart use previous day candle HLC. Similarly, for Daily Chart it would be Monthly HLC. For Weekly/Monthly Chart use Yearly HLC.
This indicator is available on Zerodha Kite (web version) and it works well there. It's also available in @tradingview but setup needs to be done based on the time frame.
Images are shared for CPR setup of both the terminals (Zerodha and Tradingview).
CPR can be used in finding trend.
If CPR is moving up for the next day, then trend is up. If CPR is moving down for the next day, then trend is down.
Some examples for both:
In the below chart of Nifty (5 mins), CPR is moving down and price is also in downtrend.
BTW Nifty Metal has inverse correlation with USDINR. https://t.co/X6cqVcYF3V
We know how our stock market has weathered the FII selling.— Sandeep Kulkarni (@moneyworks4u_fa) June 10, 2022
But the equally big story is how Rupee has weathered $50bn+ outflows since Oct 2021. Hats off to RBI Governor Das & his team for having the vision of building huge reserves in his tenure. pic.twitter.com/CVuF9dM361
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1/ A lot of new consumer technologies have been introduced to US households in the last 100 years. But it's taken many of them - like the telephone - more than 50 years to get to the majority of the US. Why is that?
2/ We had to literally teach people how to use phone. Which end goes to your mouth, which goes to your ear. Say "hello" when people call. The motivation of consumers to talk to their friends has always been there, but we had to teach the behavior
3/ If you compare phones to the latest technologies, there's been a huge shift. Things are being picked up much faster.
4/ Even while there's been all this innovation recently, physically speaking, we are still the same human beings from 100,000 years ago.
1/ From 2014-17 Whitaker worked for World Patent Marketing—which during his tenure defrauded consumers out of $26 million and was successfully prosecuted by the feds. His involvement in the scam confirmed he had loose morals and that the feds would never want to employ him again.
2/ Despite the seeming impossibility of a man with Whitaker's background getting a job at Justice ever again—he'd been found to have used his former title as a US attorney to fraudulently threaten consumers with valid complaints with criminal penalties—Whitaker found an opening.
3/ Within 60 days of parachuting out of World Patent Marketing as it was being fined $26 million by the feds, Whitaker was working for CNN and telling a fellow attorney panelist that his purpose in working for CNN was to get noticed by one man—Donald Trump—and thereby get a job.
4/ Whitaker spent his time at CNN making ludicrous statements about the Mueller probe: there was no obstruction or collusion, he said; Mueller had no authority to look into any aspect of Trump's finances or to subpoena him, he said. All the while, he hoped Trump was watching him.
If you are compromising too much, there is a chance that you are getting manipulated.
Why are you the one that's always compromising?
How come the other person always gets their way?
Be more curious.
If something seems off, stick up for yourself.
'Wait, you sure I am being manipulated?'
I have no clue, that is only something that you can decide for yourself.
'Dang is there anything I need to look out for?'
But let me give you a few things to look out for.
I see manipulation as skillfully controlling someone's behavior for egotistical or unethical purposes.
'How come people don't leave when it's happening to them?'
Because most people have 0 clue that they are being manipulated.
1. Guilt Trip
You ever made a mistake around someone, only for them to hold it over your head?
The will always bring up the mistake when you 2 are not seeing eye to eye.
These people will use that mistake as leverage to get what they want from you in the future.
2. The Rationalizer
This person will commit the worst acts & find a way to rationalize it.
Example: cheaters when they get caught.
They have every excuse in the book for why they did it.
Heck, they are so good at rationalizing, they will make it seem like your fault.
Dodda in Kannada means big. Sri Ganesha here is 18 ft tall in height and 16 ft wide. Dodda Ganesha is also known as Shakthi Ganapathi and Satya Ganapathi.
It is said that Kempe Gowda, the founder of Bengaluru, saw a rock here.
The rock had engravings of Ganesha. His sculptors cut the Ganesha murti from that single rock. Later, a shrine was built around the Ganesh murti.
It is believed that Dodda Ganapathi is the protector of Bengaluru. All auspicious events start by praying to Him.
Benne Alankara is the most famous festival here when about 100 kg of butter is coated over Ganapathi every four years and the rich prasad is offered to the worshippers.
Ganesha is also covered in cream colour and is decorated with golden laces and buttons
The Dodda Ganapathi murti is believed to be still growing in size, especially towards right.
The weavers from old Bengaluru tie a coconut to their looms before starting work. When the work is completed, they break 100 coconuts here along with the one tied on the loom.