Got these scanners from the following accounts:
Share for the benefit of everyone.
Listing all scanners from @Pathik_Trader Sir first.
2. 80-20 Reversal Setup
4. Trapping Inside Bar (Positional Setup)
These setups I found from the following 4 accounts:
Share for the benefit of everyone.
Here are the setups from @Pathik_Trader Sir first.
1. Open Drive (Intraday Setup explained)
#OpenDrive#intradaySetup— Pathik (@Pathik_Trader) April 16, 2019
Sharing one high probability trending setup for intraday.
Few conditions needs to be met
1. Opening should be above/below previous day high/low for buy/sell setup.
2. Open=low (for buy)
Open=high (for sell)
Bactesting results of Open Drive
Already explained strategy of #opendrive— Pathik (@Pathik_Trader) May 27, 2020
Backtested results in 30 stocks and nifty, banknifty.
Success ratio : approx 40-45%
RR average 1:2
Entry as per strategy
Stoploss = Open level
Exit 3:15 PM Or SL
39 months 14 months -ve, 25 +ve
Yearly all 4 years +ve performance. pic.twitter.com/nGqhzMKGVy
2. Two Price Action setups to get good long side trade for intraday.
1. PDC Acts as Support
2. PDH Acts as
So today we will discuss two more price action setups to get good long side trade for intraday.— Pathik (@Pathik_Trader) June 20, 2020
1. PDC Acts as Support
2. PDH Acts as Support
Example of PDC/PDH Setup given
#nifty— Pathik (@Pathik_Trader) June 23, 2020
This is how it created long setup by taking support at PDC.
hopefully shared setup on last weekend helped. pic.twitter.com/2mduSUpMn5
1. Whenever you see a stock in strong uptrend it will tend to take support on its 21 ema.
2. Always look whether the stock has taken support previously.
@kuttrapali @rohanshah619 @chartmojo @chartworldat
#adaniports #balajiamine #jswsteel
3. 21 ema will act as dynamic support in a trending market
4. Risk: Reward is favourable in such setups
5. 50 ema can also act as support which can be kept as stoploss for swing trading
6. Volume should be less during pullbacks .
#nifty50 #stockmarket #CHARTS
A sweet and simple BNF Setup i use
Retweet so that everyone can get benefited.
Check Full thread for full strategy.
1. You have to use 2 charts simultaneously , first chart of bank nifty spot 15 min time frame , candle used heikin ashi
Second chart 15 min bnf future normal candle.
2. Indicator used is alligator , in the indicator you have to only use the jaw of indicator.
3. Whenever spot and future candle closes simultaneously below the jaw line , short at the low of the candle which closed below the jawline.
4. Whenever spot and future candle closes simultaneously above the jaw line , buy at the high of the candle which closes above the jawline.
5. Target and Stoploss - Ideal target which i personally take is 100 points.
Stoploss also 100 points.
On trending days you can trail and take 200/300/400 points also.
I have personally made maximum 624 points in bank nifty in a single trade.
6. Precautions - never trade on sideways days.
7. Never trade on gap up or gapdown of more than 100 points .
I have made a detailed video on the same.
Thankyou for reading.
1. Core setup
2. Pivot points trades
3. PDH/PDL trades
4. Open interest addictions combined with rejections on charts.
5. Website to confirm bias
Very quick read.
Share if you liked for the benefit of everyone.
•Main setup of @ITRADE191
He used this setup daily for all trades.
1. EMA crossover 10/20
2. Supertrend 10/3
4. RSI >
@MiteshFan @Mitesh_Engr @Abhishekkar_ MY TRADING SETUP .... I've been using it for a long time .. result good try it \U0001f607 pic.twitter.com/XThUD0ftbl— itrade(DJ) (@ITRADE191) June 13, 2020
•Volume always greater than
Volume Should always be above 20 pic.twitter.com/CPgxLgpPKF— itrade(DJ) (@ITRADE191) June 13, 2020
•Candle Rejecting from
August 25, 2020
October 20, 2020
Found awesome content: ⏬
2. Bank nifty Strangles/Straddles
4. Expiry Trading
5. Directional trading
6. Long Term Investing
7. Pivot system
8. DHS pattern
9. Multiple trade management threads/ways.
Moneycontrol article on @sourabhsiso19
@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
What Sourabh does and how to trade like him?
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
1)focus on selected instruments (Banknifty majorly and few stocks)
2) backtested my strategies historically (for past 10years)
Why trade multiple systems? ⏬
1. Keeps drawdown at minimum.
2. Strong money management can be applied.
3. Better psychology.
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
Thread on how options allow you to change your positions in a dynamic manner.
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
Have compiled his:
1. Expiry day trading.
2. Trade logics.
3. Multiple Charts analysis.
3. BTST criteria for stocks.
Share if you find it helpful so that everyone can benefit.
A pdf of his moneycontrol article where you can read about his journey and how he trades.
September 11, 2020
Advice on how to not let your mood influence your decisions.
When trading,moods will want to influence ur decisions— Banknifty Addict (Gaurav) (@BankniftyA) December 29, 2019
How to minimize:
-Have a backtested plan/system
-Know yourself(emotion and panic levels)
So trade size is important to keep ur emotions in check
-dont focus too much on pnl
-have a back up plan ready
& last stay positive!!
Expiry day Trading:
How to become better?
When I had spoken to him on phone he advised me to backtest all expiries and rigorously practice them again and again to develop conviction. Superb advice!
Backtest the complete expiry and practice again and again till u develop conviction— Banknifty Addict (Gaurav) (@BankniftyA) November 5, 2020
Acts based on support and resistance levels from charts
Support and resistance levels based on technical charts on various time frames.— Banknifty Addict (Gaurav) (@BankniftyA) December 19, 2019
Breaking any of the above, leads to a direction
and then only directional play.
The relationship between the performance of Emerging Market stocks and the US Dollar is one of the tightest macro relationships that exists in investing.
The weekly return correlation between US Dollar and MSCI Emerging Market Index is -0.70 over last 10 years. Which means when US Dollar weakens, Emerging Market stocks rally and vice versa.
As seen in this chart, the MSCI EM Index and the MSCI World Index ratio and the US Dollar Index are negatively-correlated.
When US Dollar weakens, EM index outperform World Index and when US Dollar strengthens EM index underperform World index.
From 1995 to 2000, the USD appreciated over 30%, while the MSCI EM Index underperformed the MSCI World Index by over 15% annualised.
Then from 2001 to 2010, the U.S. dollar depreciated over 18% while the MSCI EM Index outperformed the MSCI World Index by 14% annualised.
Then from 2011 to 2020, the U.S. dollar appreciated over 30%, while the MSCI EM Index underperformed the MSCI World Index by 7% annualized.
Overall, from 1995 to 2020, this relationship has a correlation of -0.35.
Thread on when to sell a stock🧵
1) Repeated Corporate Governance issues - Exit a stock if there is news of repeated CG issues popping up every now and then. It takes a mountain to change a bad management. Better opportunities always exists.
2) If the financial performance of the company is declining - keep a watch on this over quarters to see if the performance in profits and sales is consistently going down. Attend AGM, Concalls to understand the reasons for same.
3) If the working capital days is increasing - keep a check on receivables days. A higher receivables days QoQ over a period, shows that working capital cycle is strained.
4) If borrowings increase - Check on if the borrowings have gone up due to capex or as a working capital effect. If for capex, check if company has ability to repay the same in a down cycle. Too much of leverage usually kills a business.
Understanding what is a Swing is crucial in order to understand Market Structure.
It shows us the direction of the market and while it may seem obvious at first sight of the market, many still have trouble defining what a swing is.
You could define swing as simply more then 2 consecutive candles moving in one direction
When you get a few in the opposite direction you have another one
The important thing to note is that HTF swings always have more priority than LTF swings
When you zoom-in from an HTF to an LTF you will always find that one HTF swing always consists of many smaller and smaller lower timeframe swings.
You could refine this until you'd get to a 1-minute chart or even a tick chart and still you'd see the same thing happening in there
An important thing to realize is that you can have many smaller swings inside of one, big swing, and you gotta orientate yourself in this.
This takes time and practice to see as all things do but will give you an immense power over the rest when you do.
Swings also do not have to break it's previous high or low. They can happen in a contraction with HL and LH also commonly known as triangles.
You can also have many moves inside of a one Monthly Bar.
What does outside bar means?
- Outside bar is when current candle high > previous candle high & current candle low < previous candle high
What does inside bar means?
- Inside bar is when current candle high < previous candle high & current candle low > previous candle low.
What to interpret from outside bar?
- When we get outside bar which means neither buyer nor seller are in control.
- When we get outside bar, we should wait for the follow through/confirmation in next candle.
What to interpret from inside bar?
- volatility is getting compressed.
- both buyers and sellers are waiting for next trigger to create fresh position/ close their existing positions.
What to interpret from OB+IB pattern?
- this is one of the best formation we can get to take a trade.
- Outside bar + Inside bar = Rejection on both side + compression of volatility.
PAUSHAK - Leader in Phosgene Chemistry.
IONEXCHANG - Interesting biz in water treatment.
DYNPRO - Leader in food colours & dyes.
MOLDTEK - Proxy to consumption & paints.
DMCC - Very Interesting capital allocation & CAPEX plan.
ACRYSIL - Niche biz in hoke improvement Globally.
ASALCBR - Growing biz with good capital allocation, issue with promoter though.
NEOGEN - Leader in Bromine Chemistry, very interesting future ahead.
GANECOS - Vert interesting biz in PET waste conversion into yarn.
Interesting businesses in IMO with a good Industry structure now and going to improve in future with enough margin of safety.
Most of them generate decent ROCE, Earnings growth, clean balance sheets and cash flow conversion.
Everybody that looks into the charts absolutely must know what OHLC means.
Doesn't matter which TF you are looking at, each candle consists of these.
- Wick is the thinnest of the volume of the candle
- Body is the strongest - Most Volume traded
Anatomy of an OHLC in the making.
Each candle on any TF or any market forms this way. It doesn't matter whether this is a Monthly candle or a 1-minute candle
Each candle will have its own OHLC data.
Each candle starts with "O", then shapes "H" and "L" and ends with "C"
Understanding this anatomy is absolutely crucial for your future development in navigating yourself in the markets
OHLC are also the most significant levels in the markets especially on the higher timeframes such as Daily, Weekly and Monthly.
#Stock No 7
MCAP 1842 Cr.
**Leading manufacturer of bromine and lithium based derivatives in India
**Demand of Bromine shifted from China
**Strong Management and Strong outlook
** Founder is Mr H T Kanani, a chemical engineer from IIT Mumbai
#Stock No 8
#JublFood aka Domino's
MCAP 38,017 Cr
*Strong demand and increasing Stores
*Increasing distribution area
* OPM % standing at highest 26% in Last 2 quarters
*No need to explain the product portfolio 🍕
#Stock No 9
MCAP 20,737 Cr.
* Strong management with Strong future Outlook
* Diversified and affordable product portfolio
*Adoption and Innovation of new products
*Strong distribution area
#Stock No 10
MCAP 21,877 Cr.
*Strong demand in rural areas
*Almost debt free
*OPM % standing at highest of 22% in last two quarters
*Diversified and affordable product portfolio