Making a watchlist of stocks,
- Open ~= Low
- Trading above 100/ 200ema
- Better relative strength
- Near important Fibonacci retracement levels
- Trading above weekly SuperTrend

@ChartinkConnect will help you make this

#kpittech

KPITTECH
CMP: 623

#infy #nifty50 #StocksInFocus

INFY
CMP: 1678

- Around 15% down from All Time High (1954)

- Taking support near horizontal trendline (1663)

- 200 EMA at 1652

- Good time to accumulate

1900.

Contraction with Flag & Pole pattern

#IEX

IEX
CMP: 234

Volatility Contraction.

#rcf

RCF
CMP: 92

- Took support near previous breakout level (67-68)

- Breakout after 1 year of consolidation

- 111 is the next level to watch

#Nifty #StockMarket #StockMarketindia #TradingView

There are multiple ways to track sectors that are performing or under pressure.

This @tradingview feature may assist you with the same.

All you have to do is, go to the Home page,
➡️Products➡️Heatmaps➡️Stock

1/8

- It will show the heatmap of S&P 500 stocks

- So, you have to click on the 'S&P 500 index' in the top left corner and select one of the below,

NIFTY 50 index
All Indian companies
S&P BSE Sensex index

2/8

- I have selected 'All Indian companies'; you can see all companies listed in NSE & BSE in the heatmap

- The cell size of companies is based on their Market Capital

- Companies with higher Market Capital will have a bigger cell size

- Companies are segregated sector-wise

3/8

- Cell size can be modified depending on P/E, P/B, Dividend, Volume etc. in their respective sectors

- The colour of these cells denotes the daily performance of stocks

- You can try other options in the 'Performance' tab like Hourly, Weekly, Monthly etc.

4/8

- If these uneven-sized cells disturb your eyes, you can toggle to the mono-sized cells

- Cells of all stocks in a particular sector will have the same size

5/8

The thread explains my momentum scanner and how to build it in #TradePoint software.
@Definedge
Conditions :
1)EMA 8 above EMA 34 and rising
2)Candle close above previous 5 candle high
3) RSI above 60
4) Volume above previous 5 candles
5) ADX above 30
1/n

Select Double Moving Average 8 and 34
2/n

Under Patterns select Close Above Prev Bars
3/n

Qualify the candle close
4/n

RSI above 60
5/n

What all do I read to keep myself informed about new opportunities and to keep updating myself with the new happenings in the world?

Time for a thread about all tools I use to research,Find information and update myself about different subjects

🧵🧵🧵🧵🧵🧵

Blog Subscriptions I am subscribed to for investing:

1. @borrowed_ideas
2. Non-Gaap Substack
3. The Flywheel substack
4. Read The Generalist
5. Kiran D- has a blog on word press
6. Uncommon Profits
7. Used to read stalwart but they reduced the posting
8. @rohitchauhan

9. @IntelsenseI
10. @SeekingAlpha
11. @themotleyfool
12. Betaoalpha Substack by @mehrotra_saket
13. @MarcellusInvest
14. @PerfectResearch

Others that I like to read

1. @TheKenWeb
2. @EconomicTimes Prime. Recently they have improved
3. @TheEconomist
4. @forbes_india

Sectoral experts/Analysts that I follow:

For Pharma- @AdityaKhemka5 , @unseenvalue & @punitbansal14 + Contract Pharma for cdmo

For Banking- @HemindraHazari , Digant Haria and Ashish Gupta from Credit Suisse (he's terrific)

For chemicals- Rohit Nagraj from Emkay Global

and chemical weekly+Chemical reports monthly from B&K securities

Broker reports that I like to read whenever I can:

1. Spark capital-hands down the best reports in the country.

2. Ambit- publish some good stuff. But rarely available

3. JM Financial- exceptional reports.

Detailed thread as I promised to RIDE THE TREND with super ease✅

Do read fully as it starts from basic to end & can be long one...

Do retweet & like as this is yrs of my hardwork in few tweets (1/n)

1) For riding trends, first you have to understand trends - Here is how a complete cycle of stock looks like..Stock has 4 stages...We need to be in 2nd one to make money.
Now here we go deeper into stage 2 (2/n)

2) Any stage 2 has phases as this is not a linear journey but the stock will set up multiple bases in between...Below is the example of Balaji amines that highlights how the stage 2 in reality looks now.....

3) So a Stage 2 has periods of bases in between which are the typical resting period for digesting earlier gains. Theoretically looks like this..Stage 2 then a base within stage 2 and stage 2 resumes....

4) The real question is how to ride trend between the bases peacefully so that we don't have to wait in consolidation.

If you are a beginner and don't have any idea why the market is falling continuously.

Read Stan Weinstein's Book.
Read What is "Stage 4" and believe me there is no better explanation than that I found till today.