The basics of CPR, how it's calculated, and TC and BC in CPR.
User: @ZerodhaVarsity.
One can also gauge the trend whether bullish or bearish.
Explained in very simple words here.
https://t.co/dBLD7E5vAH
#CPR is an indicator which is used for #Intraday in Stock Market.
— Yash Mehta (@YMehta_) November 19, 2021
This learning thread would be on
"\U0001d650\U0001d668\U0001d65a\U0001d668 \U0001d664\U0001d65b \U0001d63e\U0001d64b\U0001d64d"
Like\u2764\ufe0f& Retweet\U0001f501for wider reach and for more such learning thread in the future.
Also, an investment strategy is shared using CPR in the end.
1/24
CPR indicator trend analysis:
— Gomathi Shankar (@cprbykgs) January 25, 2022
Candles below daily & weekly CPR \U0001f43b
Candles above daily CPR but below weekly CPR early confirmation of \U0001f402
Candles above daily + weekly CPR strong confirmation of \U0001f402
Isn\u2019t it simple?#cprbykgs #cprindicator #nifty #banknifty
#banknifty
— Gomathi Shankar (@cprbykgs) July 9, 2021
Candles above monthly CPR- Bullish
Candles above weekly CPR- Bullish
Now, whenever candles enter daily CPR range it indicates weakness of current trend & early signs of trend reversal.
So, wait for the candles to exit the daily CPR range then take the trade. (1/4) pic.twitter.com/7vaaLMCrV8
Pivot Boss Book: Main Source of Pivot & CPR.. After that everyone started creating video with half knowledge.
— BankNifty \u092d\u093e\u090a \U0001f405 (@PatilBankNifty) November 27, 2021
Example:Yesterday Banknifty Relationship:Overlapping Lower Value
Link: https://t.co/PNKThret3u pic.twitter.com/KyLcIfQ6ul
#Banknifty: We was in HH CPR with 2 Day CPR Relationship.Remember always when we are in HH CPR suddenly price opened below Today\u2019s HH CPR that will lead to unwinding long.Most probably we will be seeing continuous Selling Pressure.
— BankNifty \u092d\u093e\u090a \U0001f405 (@PatilBankNifty) February 27, 2021
Example: Yesterday\u2019s Banknifty Movement. pic.twitter.com/N5R4oDwYgy
Pivot Boss Book in short PDF By Dennis Sherman
— BankNifty \u092d\u093e\u090a \U0001f405 (@PatilBankNifty) July 7, 2020
Part 1:https://t.co/muynRftODk
Part 2:https://t.co/Rqy43fXUUN https://t.co/UsLerNZZUY
Twitter is a free university.
— Aditya Todmal (@AdityaTodmal) June 5, 2022
But 98.8% forget 20% of what they read.
Here are 10 threads you must re-read:
@moneycontrolcom did a detailed story on my trading journey.
— Sourabh Sisodiya, CFA (@sourabhsiso19) May 26, 2020
But many couldn\u2019t read it as it needed a pro-subscription.
So here\u2019s a blog on the same :https://t.co/dwN2xieUKd#trading #journey #quant #options #algotrading #markets #OptionsTrading
Getting many DM\u2019s on how I can learn and trade like you.
— Sourabh Sisodiya, CFA (@sourabhsiso19) January 10, 2020
To be a succesful trader one needs an edge
My edge:
1)focus on selected instruments (Banknifty majorly and few stocks)
2) backtested my strategies historically (for past 10years)
(1)
Do I trade only BNF ?
— Sourabh Sisodiya, CFA (@sourabhsiso19) March 4, 2020
Other than BNF intraday , I run few other systems too.
1) Intraday Momentum
2) Positional systems
3) Vol Crush Trade etc
Goal of system trading is to run few non-correlated strategies together so that system drawdown is at the minimum.#trading #systems pic.twitter.com/mS8jFEaLUW
Options Thread
— Sourabh Sisodiya, CFA (@sourabhsiso19) December 7, 2019
How options allows to change and adjust view dynamically.
Let\u2019s understand with a live example.
Example : Nifty is at 11921 and you are bullish on Nifty.
1) Buy Naked 11900 CE(call) at 167
Breakeven : 12068
Max Loss : Rs 12555
Max Profit : Unlimited pic.twitter.com/TXMhh5HWsd