#SGXNIFTY & #DowJones Futures vs #DXY chart, very crucial as now highly negatively correlated

You may save the url in your browser and keep watching live 🙏
https://t.co/AVUGCQsfwL

#ASIANPAINT showing RSI hidden divergence, RSI sustaining above 50 & MACD above 0, indicating overall bullish trend

The stock took support near channel bottom. Presently at 3200. Sustaining above 3100, it can march towards 3500-4000 along the channel
#Nifty #StocksInFocus

Not trading call, academic post

#KOTAKBANK has just emerged out of falling wedge pattern & RSI has just nudged above 50 after long period of bullish RSI divergence

Above 1830 there can be more conviction for upside
Sustaining 1830+ it may rise towards 61.8% fibo level 1900 or above

#Nifty #BankNifty

not trading call, academic post

#PIDILITIND long term chart, sustaining below 2100, can fall towards 1500 over time, Weekly RSI & MACD quite weak, stock has pulled back to breakdown level

#Nifty #stock #stocks
Not trading call, academic post

Swing Trading Strategy
That can help you generate Monthly Income !
A thread 🧵
Using RS , MACD , 21 EMA and Price Action
All Concepts with charts Explained !

RETWEET AND SHARE !

UNDERSTANDING MACD
Moving average convergence divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of stock.
It is calculated by subtracting the 26-period exponential moving average (EMA) from the 12-period EMA.
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The result of that calculation is the MACD line. A nine-day EMA of the MACD called the "signal line," is then plotted on top of the MACD line, which can function as a trigger for buy and sell signals.
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Traders may buy the security when the MACD crosses above its signal line and sell—or short—the security when the MACD crosses below the signal line.
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UNDERSTANDING RELATIVE STREGTH
1.Relative strength is a strategy used in momentum investing and in identifying value stocks.
2. It focuses on investing in stocks or other investments that have performed well relative to the market as a whole or to a relevant benchmark.
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Thread : Trading Applications that I use on a daily basis🧵

1) After putting a detailed post on hardware & multi-monitor setup. Few asked for softwares I use for trading.

So I am listing softwares/apps which I find the most useful for trading & investing

2) Trading View or Kite app

I use trading view for intraday charts.

As I trade intraday, I use the 5 min time frame.

My chart is simple with 20 sma plotted on it along with CPR(central pivot range)

Price > 20 sma & CPR indicates bullish trend for intraday & vice-versa

3) Icharts

As I majorly trade option premiums(short volatility or theta decay strategies)

I keep a track of combined premium of strangle using @iChartsIndia

Combined premium should be trending down & below VWAP to create a strangle

4) QuantsApp

As I need to provide analysis on TV channel.

I need to analyse overall market breadth, futures data & option chain activitiy.

@quantsapp provides

Futures Data : Long Builtup/Short Builtup
Options Data : Max Call OI/ Put OI
Market Breadth : For overall sentiment

5) Spider

I used @SpiderSoftIn to scan momentum stocks for intraday.

Spider helps in identfiying :

stocks hitting 52 week high/ low
Stocks making day high/low
Stocks with large buying single orders

Basics of PMS / IM for New Investors :

Basic Qualification Criteria :

~ Sales CAGR > 15 %
~ ROCE > 18%
~ PEG < 2.5
~ 1 Year Forward PE < 30
~ Debt / Equity < 0.3
~ *Prom stake > 51 %
~ Analyse Quarterly Results closely.
~ Minimum 15 stocks
~ Time - 2 year
#investing

Celebrating 1million followers of #Powerofstocks a youtube channel by #SubasishPani

A VIDEO 🧵: 8 CONCEPTS THAT YOU JUST CANT AFFORD TO MISS OUT!

Collaborated with @AdityaTodmal

1. How to draw support and resistance?

• Spot the U-turns i.e. the bend in the existing trend.

• He explains the change in the polarity concept here.

Example 1: How to draw support and resistance on charts

The more any Support /Resistance is tested the more it becomes weaker

2. Inside Candle

• Trade the breakout of the baby candle with its H/L as SL

• Pyramiding is done at the break of the mother candle H/L

• Try this only to the top 10 Nifty stocks.