who said this? 😲

2021 most of the knee jerk reaction comes in second half of the series near 21st of every month.🧐🧐

One secret to catching big winners:

1. In a bull market like this, stock should have atleast done more than 50% in last 6 months.

2. Stock should trading within 25% of 52 week highs

3. Should be breaking out of base or recent highs after correction

@chartmojo @caniravkaria

Offcourse, this rule does not to recently listed stock as there is no history. They could still do well otherwise.

Use Williams Alligator Indicator if you are using the free version of tradingview and can not go beyond 4 indicators.

In the Alligators' indicator, you get 3 MA in one tool. By default, you get 5, 8 & 13. You can change them accordingly. This saves your indicators list.

Beginner traders if you are looking for an indicator, please learn and research on MFI. I came to know about this from @SubhadipNandy16 dada. After that I spent some time on that and it is giving me consistent results. Thanks @SubhadipNandy16 dada

Complete Guide to Swing Trading
A Mega Thread 🧵
With Live Charts and Examples

Comment " Yes " and Retweet if You want PDF version

Criteria for Swing Trading :

Uptrend HH HL Structure
Stage 2 Uptrend
Volume Expansion during Breakout
Pullbacks with Lower Volume
Base Formation ( Rectangle , Vcp Etc)
Relative Strength > 0
21 ema > 50 ema > 200 ema
Stocks near 52 week High
Stocks near All time High

1/n

What is HH HL Structure ?

1. A stock Maintains Bullish Momentum till it holds the last Swing .
2. Swings is an area from where stock reverses
3. As it is widely known Trend is your Friend A structure of Higher High is good for buying as overall momentum is in buying side

3/n

A structure of Lower Highs is good for selling side , as each bounces will be sold off
Previous Swings will now act as Resistance in Downtrend and Support in Uptrend

4/n

Enter Stage 2 Uptrend
Stage 2: The Ideal Buy Point for Traders Traders should look for bases within an existing Stage 2 uptrend and focus on breakouts on volume. Intermediate term traders can also use investor buy points
5/n

Stock Market outlook @ 17300

Set a reminder for our upcoming Space! https://t.co/5C8Tl1yQ83

@preetiplutus
@anandkkothari
@navneet__butter
@fin_bizz
@plutusac

Retweet , so that more people can take advantage of same.

Do post your query, we will try to address few.

#DailyByte today walks through some of the multibagger of the past few years and draws lessons from it
https://t.co/L8xs7RifL5
6PM

Nifty made a bullish kicker pattern in daily TF; this pattern has triggered lots of bullish reversal across instruments in the past.
Location of price action signals a short term bottom as price is too oversold and available at major support
#Nifty

A Shortv Thread on indicator : ADX
Average Directional Index a Quick Guide

Retweet Share !

One of the best and easiest ways to increase your chances of making winning trades is to trade with the trend
The average directional movement index or ADX is an indicator that will not help you find a trend,but can show you how strong a trend is
2/n

What is the Average Directional Movement
Index?

1. The average directional movement index was created by J. Welles Wilder in the 1970s.

2. The ADX combines two indicators to create a smoothed moving average that is then shown on your charts.

3/n

3. The two indicators are the positive directional indicator that is known as +DI and
the negative directional indicator that is known as -DI.
4. You can use the ADX on all time frames
5. Type " ADX " In indicator section of tradingview
4/n

The ADX Indicator Formula
These are calculated with the price history of the previous high, low and close for the previous 14 periods ( default 14)
The average directional movement index is designed to show you the strength of a trend and not when a new trend is beginning.
5/n

Home work done ...
List ready...
waiting for opening 🔔
(Have a few in my fav 3ib + NR 5/7 setups)
Lets c what the markets have to say

FESTIVE SEASON FOCUS @ETNowSwadesh

SHRADH HOGA KHATAM, AB FESTIVE SEASON SHURU!!

KHULEGA INDIA, BADEGA INDIA!!

Shraadh ends on Oct.6
Navratri starts on Oct.7
Durga Puja starts on Oct.11

TRIGGERS

Gifting season starts ahead of festival season (Amazon+Flipkart Sale)

Strong rural sentiments due to good rainfall + Higher MSP

Cities see rise in average salary across board

Record vaccination numbers seen across the country

Low interest rates propel demand

CUTLERY STOCKS
LA OPALA
TTK PRESTIGE

FOOD STOCKS
KRBL
PARAG MILK FOODS
DODLA DIARY

RETAIL CLOTHES
SHOPPERS STOP
ADITYA BIRLA FASHION RETAIL
V-MART RETAIL

SHOES STOCKS
BATA
RELAXO SOFTWARE
MIRZA INTERNATIONAL

My #FIPA combo scan

Stocks showing good quarterly business performance and strong price action.

One of the most simplistic stock scanning engine for Indian markets is at @mystockedge , its an ATM Machine.

The best traders have a trading plan.

But 98.8% of the new traders, don't know how to make one.

I analyzed @niki_poojary's account, to learn how we can create a plan on our own.

Here's the simple 8-step process:🧵

Step 1: Multi-time frame analysis

This is done to:
- Find the structure (HH-HL means bullish, LH-LL means bearish)
- Align trades with the trend on the longer timeframe
- Find important Support/Resistance levels
- Trendlines

She does this to find the direction and levels.

Step 2: Identify Patterns

There are two kinds of patterns:
1. Patterns on the chart. (Eg, symmetrical)
2. Candlestick patterns. (Eg, Bearish Engulfing)

She keeps a track of all these patterns and updates them on @niki_poojary daily.

Trades all these patterns without fail.

Step 3: Option Chain analysis

In isolation, OI data won't work. It depends on the way you analyze it.

If you have a bullish view look for high Change in OI added on the put side. Vice versa for a bearish view.

This is just a confirming tool for the view that you've taken.

Simply knowing the direction doesn't mean that you'll make money.

After these, we need to figure out which options we will sell by managing our risk.

This depends on:
1. Individual's Risk-taking capacity
2. Conviction
3. Desired Return
4. A lot of practice