qPLH3li2Yy

Charts for reference. During a downtrend, news based buying is an opportunity to make an exit in most of the cases. #KPITTECH #Hikal https://t.co/63WBMFZ6BT pic.twitter.com/OgWzulTXiD
— Aakash Gangwar (@akashgngwr823) April 27, 2022

More from Aakash Gangwar

Aakash Gangwar
@akashgngwr823

Couldn't capitalise the initial move. Only few trades even though I was pretty sure about it. That's trading for you my dear friends 😅
#CNXIT

Almost there. Be prepared to see 33k again in Nifty IT. Only for swing trades, no investment here. #CNXIT https://t.co/RMAsQweoFY pic.twitter.com/BmKD7g6Q8i
— Aakash Gangwar (@akashgngwr823) May 25, 2022

Aakash Gangwar
@akashgngwr823

Expecting equally sharp rally after some consolidation.
#WelspunIndia https://t.co/9b99KkCPu9

Expecting the recovery in Welspun India towards the marked zone for medium term time frame. #WelspunIndia pic.twitter.com/gkmtHDV9tF
— Aakash Gangwar (@akashgngwr823) May 13, 2022

Aakash Gangwar
@akashgngwr823

What happened to IEX can happen to CNXIT. Savdhaan rahe, satark rahe. Reiterating it again, every falling wedge/channel, RSI divergence is not a reversal signal.
#CNXIT

Watching the marked zone to be tested. If it doesn't cross it, then most probably a parabolic downmove towards 24k. That would lead to even large caps cracking just like Small and Midcaps. #CNXIT https://t.co/FxbzP5vlBr pic.twitter.com/FSqcSqTQM9
— Aakash Gangwar (@akashgngwr823) June 21, 2022

Aakash Gangwar
@akashgngwr823

The current formation might look like a falling wedge, but the way moving averages are placed, it looks like a falling wedge which can lead to a parabolic downmove for the marked target.
#CNXIT

Aakash Gangwar
@akashgngwr823

Have made one investment entry in HDFC Bank. Looking for 1180 zone for another investment entry.
#hdfcbank

More from Screeners

Aditya Todmal
@AdityaTodmal

A lot of websites provide you with data for trading.

However, I liked the free website of Icici Direct the most.

Here is a breakdown of what it can do: 🧵

Collaborated with @niki_poojary

Advantages:

1. Quantitative Analysis in one place
2. Easy to find stocks where action taking place
3. Find the exact price levels at which OI is being added.

You can check out this free website by clicking on this

Where is the action taking place?

For eg, Nifty Heatmap Can easily scan for:

- Long Build up = Price Up and OI up
- Long Unwinding = Price Down and OI down
- Short Buildup = Price Down and OI up
- Short Covering = Price Up and OI down

Price levels of OI being added:

• Check 15 mins Built-up in any stock
• Can find Intraday Bullish and bearish trend
• Eg of IBUL who was down 5% on Friday. Short Built-up had started in the morning itself.
• Shows the quantities which are being traded in those intervals.

Time Intervals:

• There are 25, time intervals available every day.

• If a stock has to go up or down a lot it will be heavily dominated in these time intervals.

• IBUL had 10 times short built up on Friday. -5.79 %

• ITC had 14 long built-ups on Friday. +2.6%.

Professor
@DillikiBiili

So friends here is the thread on the recommended pathway for new entrants in the stock market.

Here I will share what I believe are essentials for anybody who is interested in stock markets and the resources to learn them, its from my experience and by no means exhaustive..

First the very basic : The Dow theory, Everybody must have basic understanding of it and must learn to observe High Highs, Higher Lows, Lower Highs and Lowers lows on charts and their

Even those who are more inclined towards fundamental side can also benefit from Dow theory, as it can hint start & end of Bull/Bear runs thereby indication entry and exits.

Next basic is Wyckoff's Theory. It tells how accumulation and distribution happens with regularity and how the market actually

Dow theory is old but

Old is Gold....

this Bharti Airtel chart is a true copy of the Wyckoff Pattern propounded in 1931....... pic.twitter.com/tQ1PNebq7d
— Professor (@DillikiBiili) January 23, 2020

Sheetal Rijhwani
@RijhwaniSheetal

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)

Stocks that are in consolidation or on the verge of a breakout and has already given a breakout from consolidation - both category stocks should be in your watchlist.

Now the question is.. with so many stocks around, how one must filter and check? (2/12)

I mostly trade in F&O stocks in Intraday - it has 188 stocks after new addition and can be filtered as per sector rotation.
Find the sector or theme with good recent performance and keep its stocks in watchlist. I keep an alert for breakout price when I see a good chart. (3/12)

Another way to filter stocks is to keep an eye on the new additions in the F&O and the stocks that are in news.

Not every stock gives a move of 7-8%. Look for stock that move 7-8% in one go when they give a breakout (Stocks unlike ITC that moves once in a year). (4/12)

There are a few stocks that are tailor made for ORB. And those stocks should be in your watchlist.
IRCTC, Mindtree, Bajaj Twins, IEX, TataElxsi, Naukri, Coforge are some great examples. Rest you can observe and add.
Recent examples 👇(5/12)

Mark Minervini
@markminervini

Oil, copper and other commodities came under heavy selling pressure today and that's a good thing because it's mounting evidence that inflation may be peaking.

Positive signs on inflation include fertilizer prices peaking and trending downward. Used Car prices are also down (which led inflation). The recent price break on the $XLE - which emerged almost to the day the market topped, could be an indication that we are close to a low. pic.twitter.com/2MtcKjjmAz
— Mark Minervini (@markminervini) June 23, 2022