An important Thread 🧵👇

✅ An introduction to Price and Volume Action.

Retweet and Like to help Beginners and others !!

There is a saying in the indian stock exchange " Bhav Bhagwan Che ! " which forms the basis for price action and ultimately technical analysis.

Price Action is basically looking at price and the actions/ patterns it made during the tug of war betweern bulls and bears.
Price action helps us identify proper buy and sell areas.

It helps us understand supply and demand zones and based on the patterns we can assume who is going to take ground either bulls or bears.
We use candlestick to understand price action. Candlesticks are technical tools which helps us by providing sessions Open, High, Low & Closing price of that candle in a graphical representation which looks like a candle.
A candle stick is a tug of war between bulls and bears. We come to know who when when looking at closing price. So if the closing is above opening then bull have won and if cloing below open then bears have won. By this you must have understood how important is closing price
Closing range (CR) shows the power of the winning group by representing where the close within the range of high to low .
So in case bulls have won but closing is covering 65% of range means the bulls have beaten bears with only a slim range which means bulls are still not so strong and vice versa for bears.
One can use Closing range in higher time frame to take trade in lower time frame. Like looking at CR of Weekly candle and taking trade in Daily candle.

Volumes also play a pivotal role in assessing prower of the leading team.
If the bulls are winning but not with good volumes then this indicates bulls are not strong enough and can be taken over by bears and vice versa.

Usually one should also add avg line in the volume indicator to assess whether the winning team is strong or not.
IF bulls have won and the volume is green and above avg line then we can say bulls have beaten bears.

Price action consist of Uptrend, Downtrend & Consolidation. Uptrend means bulls are making price to form Higher highs and higher lows where it doesnt breach its Higher low .
Downtrend means bears are making price form Lower Highs and Lower Lows where it doesnt break it Lower Higha. Consolidation is a stage of confusion where there isn't any confirmation whether bears are strong or bulls.
Consolidation can also be stated as " Peace beform the Storm" means there can be a big move in coming times depening upon the market sentiment for the script.
Supply and Demand Zones are the crucial areas in chart which dictates price for a script as Smart money flows through these zones( FII, DII). Institutions plot their buy price at/near demand zones and sell price at/near supply zones.
One can go through buy/sell position of FII's & DII's on NSE/BSE site.

If you find it worthwhile than do spread the word abt it.🙏

@caniravkaria @AmitabhJha3 @rohanshah619 @MaverickAmit01 @PAlearner @PatilBankNifty @Puretechnicals9 @MarketScientist @Rishikesh_ADX @RajarshitaS

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Хајде да направимо мали осврт на случај Мика Алексић .

Алексић је жртва енглеске освете преко Оливере Иванчић .
Мика је одбио да снима филм о блаћењу Срба и мењању историје Срба , иза целокупног пројекта стоји дипломатски кор Британаца у Београду и Оливера Иванчић


Оливера Илинчић је иначе мајка једне од његових ученица .
Која је претила да ће се осветити .

Мика се налази у притвору због наводних оптужби глумице Милене Радуловић да ју је наводно силовао човек од 70 година , са три бајпаса и извађеном простатом пре пет година

Иста персона је и обезбедила финансије за филм преко Беча а филм је требао да се бави животом Десанке Максимовић .
А сетите се и ко је иницирао да се Десанка Максимовић избаци из уџбеника и школства у Србији .

И тако уместо романсиране верзије Десанке Максимовић утицај Британаца

У Србији стави на пиједестал и да се Британци у Србији позитивно афирмишу како би се на тај начин усмерила будућност али и мењао ток историје .
Зато Мика са гнушањем и поносно одбија да снима такав филм тада и почиње хајка и претње која потиче из британских дипломатских кругова

Најгоре од свега што је то Мика Алексић изговорио у присуству високих дипломатских представника , а одговор је био да се све неће на томе завршити и да ће га то скупо коштати .
Нашта им је Мика рекао да је он свој живот проживео и да могу да му раде шта хоће и силно их извређао
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