Moving Averages is a common indicator which most of us (novice/professional) use in the stock market for trading and investment.

This learning thread would be on
"𝙐𝙨𝙚𝙨 𝙤𝙛 𝙈𝙤𝙫𝙞𝙣𝙜 𝘼𝙫𝙚𝙧𝙖𝙜𝙚"

Like👍 & Retweet🔄 for wider reach and more such learning thread.

1/10

Here is the list of Top 5 Free Advanced Technical Indicators that you can use in @tradingview for your trading 🧵:

Few of these indicators are designed by me.

Also, the last indicator is one of my favourite to pick early momentum stocks.

1/ CPR:

It is a popular indicator of the trading community. One can try it for Nifty and Banknifty futures and options

2/ Relative Strength (RS):

This indicator helps in identifying stocks that are showing strength against benchmark (Nifty or any Index). It can help you to hold and ride the

3/ Ratio Chart:

This plots ratio chart of two stocks or index, e.g. Reliance/Nifty.
It is the same as Relative Strength, and you can use PA on the ratio chart to pick momentum stocks

4/ NIMBLR F2F Momentum & Indecisive Candle Finder:

This is based on F2F interview of @Deishma.
This indicator helps you to identify momentum and indecisive candle as discussed in the F2F.

F2F Link:

101 guide on how you can start option selling to generate active returns with less capital (Rs 1 Lakh) 🧵:

A course on option selling available for free.

First of all, option selling is a very risky business because you can lose the entire capital if the market goes against you.

So it's important to do technical analysis properly. Read everything about Technical Analysis from Zerodha

Technical Analysis will give you good knowledge on chart reading, which will help you do in doing analysis and sit in the right direction.

Before starting with F&O trading, it's important to understand how it works and what all things happen?

This module of Zerodha Varsity will help you to get a basic understanding of Futures Trading. As of now, this is less important as we are focusing on option

For options, Zerodha Varsity has explained all the basic things in a simple manner. You need not require joining any paid workshop or webinars.

This is module will help you to clear basics of

Google Sheet is a powerful tool and over 2 billion people use it in the world 🌎

Most people don’t know how to use it for TRADING and INVESTING purposes 📖

Top Google Sheet features every trader should know in this thread 🧵:

How you can use some secret features of Google Sheet and Google Finance in your trading together?

5 things that a trader should know and implement:

GOOGLEFINANCE(ticker, [attribute], [start_date], [end_date|num_days], [interval])

The above function is a basic one.

Let's decode each parameter in this:
⚡️ Ticker: This is the symbol of the stock.

"NSE: RELIANCE" is the ticker for Reliance Industries

⚡️ Attribute:

The attribute to fetch about ticker from Google Finance and is required if a date is specified.

The following data can be fetched:
-Open
-Close
-High
-Low
-Volume
-Market Cap
-Price (Ltp)
-52-week high
-52-week low
-Change in price

⚡️ Start_Date (Optional): The start date when fetching historical data.

⚡️ End_Date|Num_Days (O): The end date when fetching historical data, or the number of days from start_date for which to return data.

⚡️ Interval (O): The frequency of returned data; either "D" or "W"

#RSI is a common indicator which most of us use in the stock market.

This learning thread would be on
"𝙐𝙨𝙚𝙨 𝙤𝙛 𝙍𝙎𝙄"

Like👍 & Retweet🔄 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

Setup 1:

RSI- commonly used to show whether price is overbought or oversold.

General rule:
𝐑𝐒𝐈 > 𝟕𝟎 -- 𝐎𝐯𝐞𝐫𝐛𝐨𝐮𝐠𝐡𝐭
𝐑𝐒𝐈 < 𝟑𝟎 -- 𝐎𝐯𝐞𝐫𝐬𝐨𝐥𝐝

One becomes cautious once price becomes overbought and optimistic when price becomes oversold.

2/16

Let's understand this with an example of Laurus Labs:

1. It was in overbought zone and after a few days when a small dip was seen from 693 to 588 (15% downside)

2. It was in oversold zone and after a few days when a small rally was seen from 59 to 107 (82% upside)

3/16

Well, this looks very easy, but it is not.

When a price is in overbought zone and is in momentum, then it can move up without taking a dip and exiting or shorting stock would prove wrong.

When IRCTC was in overbought zone, price went up from 2718 to 6396 (135% rally).

4/16

Similarly, for oversold stock.

When a price is in oversold zone and is crashing, then it can move down without taking an upmove and buying stock would prove wrong.

When DHFL was in oversold zone, price went down from 126 to 11 (91% crash).

5/16

There are various Options Greeks like: Delta, Gamma, Vega, Rho, Theta.

A complete guide on how these #Option Greeks impact option price.

1/ Delta:

Delta is a measure of the sensitivity of an option’s price changes relative to the changes in the underlying asset’s price. In other words, if the price of the underlying asset increases by 1 points, the price of the option will change by delta amount.

Call option has positive delta, and put option has a negative delta.

As the options become ITM, the value of delta tends towards +1 for call and -1 for put.

Delta is important greeks to determine the hedge ratio for investors who want to hedge their portfolio.

2/ Gamma:

Gamma (Γ) is a measure of the delta’s change relative to the changes in the price of the underlying asset.
If the price of the underlying asset increases by 1 points, the option’s delta will change by the gamma amount.

Long options (call/put) have positive Gamma.

Gamma decreases as options move away from ATM, i.e. as options become OTM/ITM.

Think like this, Delta is basically the velocity and gamma is acceleration as taught in the physics.

Finding swing trading setups using Anchored VWAPs and Volume Shelf - A Thread 👇

Anchored VWAP is the average price people paid from a specific anchor in the chart. Bulls and bears do not want stock to cross the average price they paid to buy/sell it!

$SPY $AFRM $V
(1/n)

Let's take an example of a bull run. When a breakout happens, or a reversal happens, or a rally begins, people start buying! We can assume such points as our anchor points!

Now as long as price stays above their average price, they are happy!

But what if it comes down!
(2/n)

If it comes down, those bulls might start buying again because anytime price will go below the anchored vwap from their initial buy point, they are in loss. THIS IS IMPORTANT!

They do not want to go in loss, so they start buying again pushing the price higher.
(3/n)

This is useful to know for everyone! Let's also couple this with something called a volume shelf.

Volume shelf shows you areas where most shares were traded. Similar to AVWAP, when price starts to cross below the shelf, bulls will step in because they are going in loss.
(4/n)

Now that we have a rough understanding of what pains bulls on an uptrend, and when do they step in to avoid any losses, we can move ahead.

For a bullish swing trade, our task is to now find setups that are on anchored VWAP supports + volume shelf supports.
(5/n)

MASTER THREAD On Trading Terminology. 💯

If you are confused trading terms, but beginner and advanced, Read this thread.

Read. Share. And RT

Let's Go🚀🚀

The above Explains

1. Basics of Volume Profile. No need to Panics if you don't understand VP, just understand the definition for now.

2. Explains DOM, Deviation and Liquidity Grab.

Please take the time to read the above slowly and carefully.

Deviation explanation here.👇

Cheat Sheet 2.

Explains Basic price patterns and price movements explained.

I am adding a screenshot of the DOM to show how Bid, Ask and Orders look like.

This will explain what everything on an limit order book means.

Cheat Sheet 3.

A few advanced words about trading.

Price Action pattern for intraday trading

A small thread

Traders show your support by like & retweet to benefit maximum traders

@Puretechnicals9 @AnandableAnand @Abhishekkar_ @ProdigalTrader @nakulvibhor @RajarshitaS @Rishikesh_ADX @Stockstudy8 @vivbajaj

Focus on limited price action pattern if u are fan of pattern trading and concentrate pattern more at reference levels no everywhere.

Chart 2

Chart 3

Chart 4