You would have seen some kind of spurt in volume in a day after a up/downtrend. Here, we don't consider any day in which there is corporate action or quarterly result.
Let's see some chart:
Below Chart is of #Metropolis when volume spurt occurred.
Buying/Selling climax is very common in the #stockmarket and it is completely based on the price.
#Volume #Climax is something that I have observed.
In this thread🧵, I am sharing a #trading strategy that I am using based on this.
Like❤️and Retweet🔄 for wider reach.
You would have seen some kind of spurt in volume in a day after a up/downtrend. Here, we don't consider any day in which there is corporate action or quarterly result.
Let's see some chart:
Below Chart is of #Metropolis when volume spurt occurred.
This means at this candle smart money had offloaded the stock and retailers bought it. Hence stock went in the downtrend and Metropolis went down by 20%.
In the above example, when price was in uptrend, it went in downtrend and vice versa is also applicable.
Seems easy right?
But there are some rules that I have created for my own trading. Let's see that now.
There is no mathematical definition for this. If you open the chart, just see that the volume is highest in the normal range of candle (can consider last 100 candles).
Volume Spike should happen after a downtrend/uptrend to catch the reversal trade opposite direction.
Which Time Frame?
Use Daily/Weekly/Monthly but don't use it in #Intraday.
⚡️After spotting the candle in which Volume Spike is there, mark high and low of that candle as it is very important.
⚡️As we are discussing strategy for buy, we will wait for the price in the next few days to close above the high of that candle
⚡️Sometimes candle will be big and sometimes it will be small, so better risk 2-3% of the total capital in each trade.
⚡️I also use 10-20% target for short term and 40-50% target in positional trade. You can use this rule as well.
⚡️If you see Volume Climax setup at support/resistance, then it is the best trade to take in swing/positional. Never miss such a trade.
#DMART Weekly Time Frame formed Volume Climax Pattern and after breakout stock moved up by 100%.
Risk was hardly 20% in this.
Best part of taking reversal trade is the risk on the basis of Stoploss is minimal.
Moreover, I use it only for buying as I don't prefer shortselling any stock.
Just a reminder that it is not a holy grail strategy, so follow the trading plan properly and exit if stoploss gets hit.
But it doesn't matter. The foundation of the strategy is important it is shared here for free.
If you find this strategy useful, then do give us a Thumbs Up 👍 by Liking ❤️and Retweeting 🔄the first tweet.
Thanks for Reading.
https://t.co/MgKNnAKEDH
Buying/Selling climax is very common in the #stockmarket and it is completely based on the price.#Volume #Climax is something that I have observed.
— Yash Mehta (@YMehta_) June 25, 2022
In this thread\U0001f9f5, I am sharing a #trading strategy that I am using based on this.
Like\u2764\ufe0fand Retweet\U0001f504 for wider reach.
More from Yash Mehta
#RS is an indicator which helps in finding strong stock or index in the market.
This learning thread would be on
"𝙐𝙨𝙚𝙨 𝙤𝙛 𝙍𝙚𝙡𝙖𝙩𝙞𝙫𝙚 𝙎𝙩𝙧𝙚𝙣𝙜𝙩𝙝"
Shared some strategy.
Like👍 & Retweet🔄for wider reach and for more such learning thread in the future.
1/22
Most of us would confuse it with Relative Strength Index (RSI) but Relative Strength is a different indicator.
We have already covered about "Uses of RSI" in below thread👇
https://t.co/oTOrW7joNI
One can go through this if you haven't.
2/22
Now coming to Relative Strength (RS).
It is basically a strategy used in momentum investing which shows strength or weakness between two asset classes (two stocks, index, commodity).
One can read about this in below
As of now, I am using this indicator on .@tradingview platform.
It's free and one can add it in their Tradingview account as well, using this link👇
https://t.co/FxCjJFsNOG
There are multiple variants in this as well. Some traders use multiple time frame RS.
4/22
RS basically compares returns of one stock/index with the returns of benchmark stock/index at a particular time horizon.
Let's say, I want to analyze TCS and Benchmark Index is Nifty.
5/22
This learning thread would be on
"𝙐𝙨𝙚𝙨 𝙤𝙛 𝙍𝙚𝙡𝙖𝙩𝙞𝙫𝙚 𝙎𝙩𝙧𝙚𝙣𝙜𝙩𝙝"
Shared some strategy.
Like👍 & Retweet🔄for wider reach and for more such learning thread in the future.
1/22
Most of us would confuse it with Relative Strength Index (RSI) but Relative Strength is a different indicator.
We have already covered about "Uses of RSI" in below thread👇
https://t.co/oTOrW7joNI
One can go through this if you haven't.
2/22
#RSI is a common indicator which most of us use in the stock market.
— Yash Mehta (@YMehta_) October 22, 2021
This learning thread would be on
"\U0001d650\U0001d668\U0001d65a\U0001d668 \U0001d664\U0001d65b \U0001d64d\U0001d64e\U0001d644"
Like\U0001f44d & Retweet\U0001f504 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
Now coming to Relative Strength (RS).
It is basically a strategy used in momentum investing which shows strength or weakness between two asset classes (two stocks, index, commodity).
One can read about this in below
As of now, I am using this indicator on .@tradingview platform.
It's free and one can add it in their Tradingview account as well, using this link👇
https://t.co/FxCjJFsNOG
There are multiple variants in this as well. Some traders use multiple time frame RS.
4/22
RS basically compares returns of one stock/index with the returns of benchmark stock/index at a particular time horizon.
Let's say, I want to analyze TCS and Benchmark Index is Nifty.
5/22
Stock Screeners is an integral part of doing homework post market hours.
Most of us use screeners to filter buzzing stocks out of 1000+ stock and it saves lot of times.
Here is the list of top screeners:
Also, last screener is one of my favourite to pick early momentum stocks.
1/ Volume Buzzer:
This can be used on daily time frame and it identifies all the stocks where volume action was very
2/ Bullish Divergence:
This screener will help you find all the stocks that has given bullish divergence. Traders who like to trade reversal stocks that are in downtrend can use this screener. This can be used at the end of the
3/ Bearish Divergence:
This screener will help you find all the stocks that has given bearish divergence. Traders who like to trade reversal stocks that are in uptrend can use this screener. This can be used at the end of the
4/ Nimblr F2F:
This screener was designed from @Deishma F2F video:
https://t.co/apaQYVbAlq
This screener helps in identifying momentum and indecisive candles on daily time
Most of us use screeners to filter buzzing stocks out of 1000+ stock and it saves lot of times.
Here is the list of top screeners:
Also, last screener is one of my favourite to pick early momentum stocks.
1/ Volume Buzzer:
This can be used on daily time frame and it identifies all the stocks where volume action was very
2/ Bullish Divergence:
This screener will help you find all the stocks that has given bullish divergence. Traders who like to trade reversal stocks that are in downtrend can use this screener. This can be used at the end of the
3/ Bearish Divergence:
This screener will help you find all the stocks that has given bearish divergence. Traders who like to trade reversal stocks that are in uptrend can use this screener. This can be used at the end of the
4/ Nimblr F2F:
This screener was designed from @Deishma F2F video:
https://t.co/apaQYVbAlq
This screener helps in identifying momentum and indecisive candles on daily time
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THE MEANING, SIGNIFICANCE AND HISTORY OF SWASTIK
The Swastik is a geometrical figure and an ancient religious icon. Swastik has been Sanatan Dharma’s symbol of auspiciousness – mangalya since time immemorial.
The name swastika comes from Sanskrit (Devanagari: स्वस्तिक, pronounced: swastik) &denotes “conducive to wellbeing or auspicious”.
The word Swastik has a definite etymological origin in Sanskrit. It is derived from the roots su – meaning “well or auspicious” & as meaning “being”.
"सु अस्ति येन तत स्वस्तिकं"
Swastik is de symbol through which everything auspicios occurs
Scholars believe word’s origin in Vedas,known as Swasti mantra;
"🕉स्वस्ति ना इन्द्रो वृधश्रवाहा
स्वस्ति ना पूषा विश्ववेदाहा
स्वस्तिनास्तरक्ष्यो अरिश्तनेमिही
स्वस्तिनो बृहस्पतिर्दधातु"
It translates to," O famed Indra, redeem us. O Pusha, the beholder of all knowledge, redeem us. Redeem us O Garudji, of limitless speed and O Bruhaspati, redeem us".
SWASTIK’s COSMIC ORIGIN
The Swastika represents the living creation in the whole Cosmos.
Hindu astronomers divide the ecliptic circle of cosmos in 27 divisions called https://t.co/sLeuV1R2eQ this manner a cross forms in 4 directions in the celestial sky. At centre of this cross is Dhruva(Polestar). In a line from Dhruva, the stars known as Saptarishi can be observed.
The Swastik is a geometrical figure and an ancient religious icon. Swastik has been Sanatan Dharma’s symbol of auspiciousness – mangalya since time immemorial.
The name swastika comes from Sanskrit (Devanagari: स्वस्तिक, pronounced: swastik) &denotes “conducive to wellbeing or auspicious”.
The word Swastik has a definite etymological origin in Sanskrit. It is derived from the roots su – meaning “well or auspicious” & as meaning “being”.
"सु अस्ति येन तत स्वस्तिकं"
Swastik is de symbol through which everything auspicios occurs
Scholars believe word’s origin in Vedas,known as Swasti mantra;
"🕉स्वस्ति ना इन्द्रो वृधश्रवाहा
स्वस्ति ना पूषा विश्ववेदाहा
स्वस्तिनास्तरक्ष्यो अरिश्तनेमिही
स्वस्तिनो बृहस्पतिर्दधातु"
It translates to," O famed Indra, redeem us. O Pusha, the beholder of all knowledge, redeem us. Redeem us O Garudji, of limitless speed and O Bruhaspati, redeem us".
SWASTIK’s COSMIC ORIGIN
The Swastika represents the living creation in the whole Cosmos.
Hindu astronomers divide the ecliptic circle of cosmos in 27 divisions called https://t.co/sLeuV1R2eQ this manner a cross forms in 4 directions in the celestial sky. At centre of this cross is Dhruva(Polestar). In a line from Dhruva, the stars known as Saptarishi can be observed.
Trading view scanner process -
1 - open trading view in your browser and select stock scanner in left corner down side .
2 - touch the percentage% gain change ( and u can see higest gainer of today)
3. Then, start with 6% gainer to 20% gainer and look charts of everyone in daily Timeframe . (For fno selection u can choose 1% to 4% )
4. Then manually select the stocks which are going to give all time high BO or 52 high BO or already given.
5. U can also select those stocks which are going to give range breakout or already given range BO
6 . If in 15 min chart📊 any stock sustaing near BO zone or after BO then select it on your watchlist
7 . Now next day if any stock show momentum u can take trade in it with RM
This looks very easy & simple but,
U will amazed to see it's result if you follow proper risk management.
I did 4x my capital by trading in only momentum stocks.
I will keep sharing such learning thread 🧵 for you 🙏💞🙏
Keep learning / keep sharing 🙏
@AdityaTodmal
1 - open trading view in your browser and select stock scanner in left corner down side .
2 - touch the percentage% gain change ( and u can see higest gainer of today)
Making thread \U0001f9f5 on trading view scanner by which you can select intraday and btst stocks .
— Vikrant (@Trading0secrets) October 22, 2021
In just few hours (Without any watchlist)
Some manual efforts u have to put on it.
Soon going to share the process with u whenever it will be ready .
"How's the josh?"guys \U0001f57a\U0001f3b7\U0001f483
3. Then, start with 6% gainer to 20% gainer and look charts of everyone in daily Timeframe . (For fno selection u can choose 1% to 4% )
4. Then manually select the stocks which are going to give all time high BO or 52 high BO or already given.
5. U can also select those stocks which are going to give range breakout or already given range BO
6 . If in 15 min chart📊 any stock sustaing near BO zone or after BO then select it on your watchlist
7 . Now next day if any stock show momentum u can take trade in it with RM
This looks very easy & simple but,
U will amazed to see it's result if you follow proper risk management.
I did 4x my capital by trading in only momentum stocks.
I will keep sharing such learning thread 🧵 for you 🙏💞🙏
Keep learning / keep sharing 🙏
@AdityaTodmal