You want to fundamentally invest in steel or metals or sugar or textile stocks?

Wait for worst earning performance to buy and then sit with patience.

#NIFTY
#SMALLCAPS

Spot the similarities between Nifty March-April 2020 move and Smallcaps current move.

Both are forming leading diagonals.

#Bullish

#HDFCBANK

70-80 points fall more and it will be at the long term trendline from the year 2000.

#SUGAR

Shared this update on sugar stocks in Feb on telegram.

Some of them have moved a bit but this is just the beginning.

Way sugar is setting up, it can very well replicate pharma rally of 2020.

However, looks extended on smaller tf. Will wait here for some retracement.

Carnage in broader market is something of a characteristic of the final leg of correction.

Broader market bleeds more than index to scare off the retail from smaller stocks.

Can go on for few weeks.

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%.

#FNO stocks for tom intraday trading 07/09/21
Camarilla squeeze strategy.

New MyComboScan with new parameter VWAP

These major stocks have shown high delivery yesterday and also price action combined with VWAP is showing Strength.

A thread on these stocks.