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These setups I found from the following 4 accounts:
1. @Pathik_Trader
2. @sourabhsiso19
3. @ITRADE191
4. @DillikiBiili
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)
(1/n)
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
I've covered 6 stocks today and working on 3-4 more Stocks. Though, I've checked each aspect but 👇
** You still need to keep a track of fundamentals every quarter**
#Stock No 1
#BlackRose Ind ( Chemical)
MCAP 829 Cr
Fundamentals 👌🏻
Technical 💪🏻
Already covered Business and Financial previously and can check again below. Stocks hasn't run up in recent
One more addition to the #Multibagger list:#BlackRose Ind: A consistent Performer in Chemical Industry.
— TheMillionaire \U0001f1ee\U0001f1f3 (@BornToBeSucceed) July 8, 2020
Thread 1/1
Primarily in the business of chemical distribution and chemical manufacturing, as well as textile manufacturing and renewable energy generation.
#Stock No 2
#IEX (Platform Business)
MCAP 10,162 Cr
Fundamentals 👌🏻
Technical 💪🏻
This is also covered preciously and can check detailed thread on below
A thread on #IEX and why you should invest..
— TheMillionaire \U0001f1ee\U0001f1f3 (@BornToBeSucceed) March 7, 2021
Business: IEX allows participants to purchase electricity for the same day through intra-day contracts, for the next day through day-ahead contingency, on daily basis for rolling seven days through daily contracts and Weekly
#Stock No 3
#Gland ( Pharmaceutical)
MCAP 39,447 Cr
Stock PE 51.9
ROCE. 30.2%
ROE 23.4%
**Major revenue comes from B2B
**Quality products
**Aim to file 20-25 ANDA each year
** Positive Management & great future outlook
#Stock No 4
#happiestminds ( IT)
MCP 7,675 Cr
Stock PE 53.7
ROCE 42.8%
ROE 83%
**Strong & experienced Management & Promotors
**OPM % has increased from 4% to 27% from Dec'19 to Dec'20.
**Significant improvement in Net cash flow
**Positive Commentry on Future outlook
An inverse occurrence is about to witness failure, awaiting for its impact .
#CandleTrading tag would help you understand more of some of these ancient yet effective techniques...
#CandleTrading : #Bullish #Belthold#Pattern #Psychology :Pattern importance could be traced back to the traditional #Japanese sport of \u2018Sumo #wrestling'. The importance of \u2018Mawashi ( Wrestlers Belt) \u2019 & its tactical move for gripping the opponent to throwing him off the ring. pic.twitter.com/lN60xad6Ma
— Sacchitanand Uttekar (@Sacchitananad) August 16, 2020