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

#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

#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

#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

#IEX

IEX
CMP: 234

Volatility Contraction.

NR7 candlestick simplified via @chartmojo

✅ Narrow Range Pattern
✅ R:R Favourable Pattern
✅ Market Psychology Driven

#RSI is a common indicator which most of us use in the stock market.

This learning thread would be on
"𝙐𝙨𝙚𝙨 𝙤𝙛 𝙍𝙎𝙄"

Like👍 & Retweet🔄 for wider reach and for more such learning thread in the future.

Also, an investment strategy is shared using RSI in the end.

1/16

Setup 1:

RSI- commonly used to show whether price is overbought or oversold.

General rule:
𝐑𝐒𝐈 > 𝟕𝟎 -- 𝐎𝐯𝐞𝐫𝐛𝐨𝐮𝐠𝐡𝐭
𝐑𝐒𝐈 < 𝟑𝟎 -- 𝐎𝐯𝐞𝐫𝐬𝐨𝐥𝐝

One becomes cautious once price becomes overbought and optimistic when price becomes oversold.

2/16

Let's understand this with an example of Laurus Labs:

1. It was in overbought zone and after a few days when a small dip was seen from 693 to 588 (15% downside)

2. It was in oversold zone and after a few days when a small rally was seen from 59 to 107 (82% upside)

3/16

Well, this looks very easy, but it is not.

When a price is in overbought zone and is in momentum, then it can move up without taking a dip and exiting or shorting stock would prove wrong.

When IRCTC was in overbought zone, price went up from 2718 to 6396 (135% rally).

4/16

Similarly, for oversold stock.

When a price is in oversold zone and is crashing, then it can move down without taking an upmove and buying stock would prove wrong.

When DHFL was in oversold zone, price went down from 126 to 11 (91% crash).

5/16

𝗦𝘁𝗼𝗰𝗸 𝗦𝗰𝗿𝗲𝗲𝗻𝗲𝗿𝘀 🚀🚀

All my screeners in one place.

I like to keep it simple, so use just a few basic screens. And a lot of manual chart reading.

(Thread 🧵, read on...)

Trend Template for Momentum Stocks

My main screen which I run every weekend to prepare my watchlist.

Link -

Near All-Time-High (ATH)

My auxiliary screen that I generally use when the trend template is generating too many candidates, and I need to zero in on the very best.
(Happens usually during strong up trending market)

Link -

Relative Strength (RS) List

My utility screen which I usually run at times when the market is experiencing general weakness within a longer term bull market, or during a bearish phase.

Gets me stocks holding up the best in the general weakness.

Link -

I have spent the last couple of years thinking quite a bit about health. Experimenting with myself and our team, and supporting startups that are trying to help Indians make healthier choices.

A few thoughts on how and why you should focus on your health. 1/9

In chasing money goals, it is easy to forget that all the money in the world can’t buy good health. As we grow older, our health determines the quality of life, not money.
Good health also means the ability to bounce back faster if unforeseen incidents occur. 2/9

Health goals should be about how you feel, not how you look. Wanting to look a certain way, influenced by celebs and influencers who fake it with lights and photography, use performance-enhancing drugs, or hit the genetic lottery, is a recipe for unhappiness. 3/9

Sitting is the new smoking. Setting simple activity goals in terms of how much I move (calories burnt) and reminders to stand up every 45 mins has had the most impact on me. The current health challenge in Zerodha is to set a daily activity goal & try reaching 90% of the time 4/9

Sleeping by 9 pm & getting a workout at 5 am has been helpful. Sleeping early reduces the chances of bingeing when we are drained and have low self-control at the end of the day. A workout in the morning also increases the odds of making healthier choices throughout the day. 5/9