Trend Following System Part -1

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#trading

@ITRADE191 @caniravkaria @ca_mehtaravi @chartmojo @DillikiBiili @VVVStockAnalyst

Market doesn't care who you are. If u take trades along with the market flow u will be rewarded so better understand the market behaviour and go with the flow

Today's stock - Divis lab

@ProdigalTrader @MarketScientist @RajarshitaS @Puretechnicals9 @VijayThk

VWAP for intraday Trading Part -1

A small thread PART -2 will be released tomorrow

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@Mitesh_Engr @ITRADE191 @ProdigalTrader @nakulvibhor @ArjunB9591 @CAPratik_INDIAN @RajarshitaS @Stockstudy8 @vivbajaj @Prakashplutus

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Unlock the power of volume to increase your trading profits and to Discover the hidden market insights that volume profile can reveal.

Here are 3 Intraday Strategies to maximize your trading potential using fixed volume profile ( FREE TOOL 🔥)

PAID content is FREE now

Thread🧵

Here I will use a simple FREE tool called Fixed Volume profile available even on Free tradingview version.

Watch the below video to understand the way to plot volume profile 👇

Scroll down to understand the terms and strategies

There are 4 Important components in Volume profile. Let's understand one by one starting with High Volume Zone.

Scroll down 👇

Then comes VPOC - Volume point of control

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Then comes VAH & VAL ( Value area High & Low )

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Stocks that I have been tweeting often #JindalPoly #BorosilRenewables #accelya #routemobile #apcotex are all at 65 MA, even metal index. We should start seeing a bounce from here
#willaimOneil

Just an update for my follower family

This is in response to the question by @unseenvalue

If I had to buy 1 stock today, anywhere in the world, no avg. up or down, 5 year holding period (I will make that as 10 year for thesis to play out)

Since I track mainly Indian equities, restricting the choice to this space

Few points to look for
1. Strong macro tailwind rather than headwind, huge growth runway for company/segment. It can't be in a niche space & demand must not be easily substitutable
2. Strong Biz Model, high growth curve (15%+ over the period), strong ROE profile (hurdle rate 20%)

3. Low or no leverage, efficient capital allocation, (read minimal or zero fresh dilution requirements), strong cash flows and correspondingly high dividend payout ratios (consistent dividend history) and finally strong moat and with limited regulatory involvement / no reg issues

4. Promoter quality and intention must be beyond reproach, proven management with skin in the game
5. Capability to manage disruption, and if possible to even profit from it. If you can't be disrupted easily, you will eventually adapt your game to gain scale

6. There must be a possibility of non-linear growth if the scale-up hypothesis gets proven right. It's like an FD with low fixed return plus significant upside optionality. Multiple revenue streams / margin levers / IP that can provide non linearity in growth

#CPR is an indicator which is used for #Intraday in Stock Market.

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.

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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.

2/24

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.

3/24

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).

4/24

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.

5/24

Brent down to $98.
Dr Copper has given up all its pandemic era gains.
Now Oil is tanking.
Both are great predictors of an economic slowdown.
Markets are rallying on hopes the Central Banks will hold their rate hikes seeing the commodity meltdown.
Bad news is Good news.
Lets see.