BC STOCKLEARNINGS

Sacchitanand Uttekar
@Sacchitananad 4 years, 1 month ago 522 views

Some key #Candlestick #Patterns which could light the way for every trader
Frequently seen;
#BearishEngulfing
#BullishEngulfing
#Hammer/#Spike
#BullishHarami
#BearishHarami
#BullishBelthold
#BearishBelthold
Rare
#HomingPigeon
#ShootingStar
#TweezersTop Bottom
#Island
#HangingMan

More from Sacchitanand Uttekar

#Nifty50 trend & demand supply zones via #AndrewsPitchfork.

Its a tool which is ignored by most traders & hence highlighting it here for better reference learning due to its relevance with current price action.

#CandleTrading
One can identify some sharp upto the point trades using this tool/ indicator.

Always rely more on reaction swings based on thorough #Candlestick formations occuring within the vicinity of tools trend-lines, be it near Median or Demand Supply lines.

Sacchitanand Uttekar
@USacchitanand

#Nifty50 #AndrewsPitchfork
This is how it works & holds price within 😊, reaction swings at its best possible levels with #Candlesticks providing clarity on breakouts & breakdowns.

Most price action retaining with tools support & median levels. Next week shall be interesting 😜 https://t.co/XIN54TOT41

#Nifty50 trend & demand supply zones via #AndrewsPitchfork.

Its a tool which is ignored by most traders & hence highlighting it here for better reference learning due to its relevance with current price action. pic.twitter.com/5G33NU9q8Z
— Sacchitanand Uttekar (@USacchitanand) June 13, 2021

Sacchitanand Uttekar
@Sacchitananad

#CandleTrading : #Bullish
Attached below are some of the latest observations on the recently discussed 'Lord #NarsimhaPattern' for your #learning.

For detailed information on characteristics do go through my previous post related to the same.
Charts attached below (1/9)👇👇

Sacchitanand Uttekar
@USacchitanand

Jai 'Lord #NarsimhaPattern' for showing us the way 😊🙏

#Adaniports #ESCORTS #IOC were some of its recent spots
Latest occurrence getting confirmed #BHEL #BOSCH #CANBK #MGL & #BANKNIFTY ☺️
Watch out for these 🎁

#CandleTrading : #Bullish

'Lord #NarsimhaPattern' in #M&MFinancial \U0001f64f\U0001f64f .Check properties \U0001f60a#Pattern #Psychology :
First long bar depicts the long pillar from which the lord emerges & kills the negativity pic.twitter.com/gF0mu4qHLR https://t.co/Fb2WUq1fJZ
— Sacchitanand Uttekar (@USacchitanand) August 24, 2021

Sacchitanand Uttekar
@Sacchitananad

#Belthold : Remember the Sumo wrestler 😅, someone did mention about it recently.
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

More from Stocklearnings

Aditya Todmal
@AdityaTodmal

Curated tweets of @sourabhsiso19

Found awesome content: ⏬
1. Moneycontrol
2. Bank nifty Strangles/Straddles
3. Learnings
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.
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
— Sourabh Sisodiya, CFA (@sourabhsiso19) May 26, 2020

What Sourabh does and how to trade like him?

Getting many DM\u2019s on how I can learn and trade like you.

To be a succesful trader one needs an edge
My edge:
1)focus on selected instruments (Banknifty majorly and few stocks)
2) backtested my strategies historically (for past 10years)

(1)
— Sourabh Sisodiya, CFA (@sourabhsiso19) January 10, 2020

Why trade multiple systems? ⏬
1. Keeps drawdown at minimum.
2. Strong money management can be applied.
3. Better psychology.

Do I trade only BNF ?

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
— Sourabh Sisodiya, CFA (@sourabhsiso19) March 4, 2020

Thread on how options allow you to change your positions in a dynamic manner.

Options Thread

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
— Sourabh Sisodiya, CFA (@sourabhsiso19) December 7, 2019

Prashant Bhansali
@prashant280294

#Nifty
March20 low of 7511, taking 75 days trading cycle , here's an observation

The low or high made on each 75th day, when crossed and closed above/below it , market has moved in that direction for the next 75 days, happened twice so far, next such date to watchout is 16 Feb.

A month gone by and this analysis is working out well so far 😉🤑

$\u092d\u093e\u090a - BankNifty$

भाऊ - BankNifty...
@PatilBankNifty

Importance of Previous Week High/Low?

When Market is Bullish it will take support from PWL,Can see bounce

When Market is Bearish it will face resistance on PWH,Can see reverse

Example:So far Nifty is Bullish till PWL respecting,trend will change when PWL Breaks with Volume

Dare2Dream
@Dare2Dr10109801

#AlkylAmine - the stock above 5990 could be a break out for levels of 9000 from here.

Pathik
@Pathik_Trader

Outside followed by inside bar is one of the best pattern to trade.

What does outside bar means?
- Outside bar is when current candle high > previous candle high & current candle low < previous candle high

(1/n)

What does inside bar means?

- Inside bar is when current candle high < previous candle high & current candle low > previous candle low.

(2/n)

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.

(3/n)

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.

(4/n)

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.

(5/n)

2) Porus ruled the Punjab region and expanded his kingdom between the Jhelum River and Chenab River in the Indian Subcontinent. He was a legendary warrior and more war skills. He made the army most powerful with war skills. Even Alexander had also made difficulty to defeat Porus.

3)Word of Mouth Oral tradition in #Mohyal_Brahmin families since ancient times has kept the Great Saga of their Great Elder known to them as Maharaja “ #Puru” alive.

4) When #Alexander the Great invaded India in 326 BC he was challenged near Taxila by a mere chieftain of the Area. He was King #Porus, a #Vaid_Mohyal. After his encounter with Porus, Alexander met with more resistance near Multan where the forces were predominantly #Mohyal.

5)The Bali rulers of Multan fiercely engaged with Alexander's army in skirmishes in which many senior Generals died. Later during the long and bitter fighting in #Multan, Alexander got hurt by an arrow which pierced his chest ,

Patrick McKenzie
@patio11

So the cryptocurrency industry has basically two products, one which is relatively benign and doesn't have product market fit, and one which is malignant and does. The industry has a weird superposition of understanding this fact and (strategically?) not understanding it.

If everyone was holding bitcoin on the old x86 in their parents basement, we would be finding a price bottom. The problem is the risk is all pooled at a few brokerages and a network of rotten exchanges with counter party risk that makes AIG circa 2008 look like a good credit.
— Greg Wester (@gwestr) November 25, 2018

The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.

This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.

The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."

This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.