*** Intraday Setup ***
This is shared by @Kuldeep222786 sir in last month . I am testing since 1 month it is working good. You can use this setup for intraday buying or selling.

This setup required two indicators pivot points and Vwap and previous day closing VWAP.

These two indicators are available in Trading view. You can use for spot chart also. Black line for previous day closing and blue line id for today VWAP.

Buying setup :-
1. Today vwap should be above the previous day closing vwap.
2. Price should be above both VWAP
3. Time frame 5 Mints.
4. Candle should be cross any pivot point with 50% body.

5. Entry should be high of the candle and SL is below that candle or below that pivot point or 100 points in bank nifty / 30 points in nifty in case candle length is high.
6. Book half of the quantity with 1 R:R and trail remain quantity.

Friday we got buying setup and target hit. We can trial till 600 points also in 1st 5 Mints candle. Like this way we can capture huge movement.

7 most Powerful Intraday Setups that will save you hundreds of hours + change your trading career (all FREE)

Thread 🧵

(1/N)

Precautions:

1) Always backtest the ideas before using them in live markets. It gives confidence and conviction.

2) Always keep your risk within 2-3% (of your capital) per trade.

3) System hopping is not a good idea.

(2/N)

#1 IB Open Low Setup

When the market opens above/at the previous day's high, displays open-low, and OL sustains for some time.

It indicates the presence of Initiative Buyers.

Entry: Long trade above Open-Low Candle (in 10 or 15 min chart)

SL: Below open-low candle

(3/N)

#2 IB Open High Setup

Similar to OL, when the market opens below/at the previous day's low, displays open-high, & OH sustains for some time.

It indicates the presence of Initiative Sellers.

Entry: Short trade below Open High Candle

SL: Above open-high candle

(4/N)

#3 IB Open Test Drive Up

This is similar to OL, but it opens above PDH, but tests the PDH, negates all selling, and then closes above PDH.

It indicates the presence of Initiative Buyers.

Entry: Long trade above Open Test Drive UP Candle

SL: Below OTD-UP candle

(5/N)

8 Habits that are stopping you from achieving your goals:

1. Lack of consistency

Lack of consistency is one of the main reasons many people don't achieve their goals.

Success is hard when you're not consistent with your actions.

You need to be focused and determined to achieve your goals, which can only happen if you're consistent with your efforts.

2. Procrastination

Procrastination is delaying or postponing something that needs to be done.

It's often associated with feelings of guilt, anxiety, and stress.

Procrastination can lead to poor work performance, missed deadlines, and low self-esteem.

There are many strategies for overcoming procrastination, such as setting time limits, breaking tasks into smaller chunks, and using a rewards system.

You don't need to pay someone ₹50,000 or even ₹25,000 to know CPR Indicator.

This thread will show you how...for Free.

Here's My 16-Points For Using CPR Indicator Into A Profitable System in Intraday Trading:

Thread 🧵

The Central Pivot Range (CPR) indicator is a technical analysis tool that is used by traders to help identify potential trading opportunities

The CPR indicator is based on the concept of support & resistance levels. It can be used to help identify potential entries/exits

(1/N)

CPR is developed by Frank Ochoa. It is similar to Pivot Points but with additional lines (TC & BC).

As per Frank,

CPR is the Swiss Army Knife of pivots, and Like the Moon, the central pivot range controls the tides of the market.

(2/N)

Pivot Points Formula

Pivot point (PP) = (High + Low + Close) / 3
R1 = (2 x PP) – Low
S1 = (2 x PP) – High
R2 = PP + (High – Low)
S2 = PP – (High – Low)

(3/N)

CPR Indicator Formula

The CPR Indicator consists of 3 components:

Pivot = (High + Low + Close)/3
BC = (High + Low)/ 2
TC = (Pivot – BC) + Pivot

(4/N)

Excel has 100s of functions. Most them are not useful in day to day business setting. Here are the 10 most useful functions based on my 15 years of regular usage.
🧵

1) SUMIFS
Use it to add up values that meet one or more conditions.
=SUMIFS(A1:A100, B1:B100, "NZ", C1:C100, ">20") adds up all values in A1:A100 where column B is NZ and column C is more than 20.

2) XLOOKUP*
Use it to lookup a value and get corresponding value.
=XLOOKUP("Widget10", A1:A100, B1:B100)
looks the code Widget10 in column A and returns the price in column B.
* Works in Excel 365 / Web only

3) FILTER*
Use it to filter a list or range based on the conditions. Returns a range of values and automatically spills the values into next cells!
=FILTER(A1:C100, B1:B100="NZ")
returns the entire range of A1:C100 where column B has NZ.

4) COUNTIFS
Use it to count items that meet one or more criteria.
=COUNTIFS(B1:B100, "NZ", C1:C100, ">20")
tells us how many items have column B as NZ and column C more than 20.

The Ultimate Guide to ‘RELATIVE STRENGTH (RS)’...🎯

WAIT… This is NOT RSI that you use day in & out…

Rather a very IMPORTANT indicator that can CHANGE the way YOU trade/invest…🤓

So, hang on as I explain this with #TATASTEEL chart...

Let’s go 🧵…

1⃣ But, how will it change the way I trade?

- Ever wondered why the stock you are holding is not moving when the market is ripping higher?

Ex: ITC didn't move btwn June’20 & Feb’22 while the market rallied

This indicator will help you get rid of such underperforming stocks.

2⃣ ok, what’s RS?

When stock A goes...

- up faster than Nifty, it is STRONG/OUTPERFORMING relative to Nifty
- down faster than Nifty, it is WEAK/UNDERPERFORMING relative to Nifty

So, RS is relative performance of a stock compared to any benchmark (refer chart for example)

3⃣ Let’s dig deeper:

A stock is outperforming/strong when

- Nifty is going up, but the stock is going up much faster than Nifty
- Nifty is going down, but the stock is going down much slower than Nifty or going up

4⃣ More definitions:

A stock is underperforming/weak when

- Nifty is going down, but the stock is going down much faster than Nifty
- Nifty is going up, but the stock is going up lesser than Nifty or going down

61 Top Trading mistakes of Option Buyers -
🧵

- Buying options when IV is falling.
- Buying options when the market is stagnant.
- Not waiting for confirmation of a breakout.

- Not taking care of proper position sizing.
- Thinking of only the rewards, ignoring the risks.
- Jumping to trade without waiting for proper setup formation.

- Not putting SL in the system.
- Not calculating SL beforehand.
- Not having an exit strategy beforehand.

- Not giving importance to Greeks.
- Buying OTMs near to expiry, coz they are cheap.
- Buying OTM in large quantities, coz they are cheap.

12 Python libraries for free market data everyone should know:

yfinance

Data for stocks (historic, intraday, fundamental), FX, crypto, and options. Uses Yahoo Finance so any data available through Yahoo is available through

pandas-datareader

pandas-datareader used to be part of the pandas project. Now an independent project. Includes data for stocks, FX, economic indicators, Fama-French factors, and many

IBApi

The official API for Interactive Brokers provides access to all the data available through IB. Replaces

Alpha Vantage

Alpha Vantage delivers a free API for real-time financial data and most used finance indicators in a simple JSON or CSV

I asked 350+ managers to share their biggest mistakes.

These 7 mistakes came up over and over.

Here's how you can avoid them:

1/ They Can't Get It All Done

High-performing teams get rewarded with more:

More projects, more customers, more problems.

Tip: Do less work better.

Regularly ask, What work can I:

-> Eliminate?
-> Automate?
-> Streamline?
-> Delegate?

Great leaders are ruthless optimizers.

2/ They Do Too Much Work Themselves

Don't let anyone fool you: Managing well is work.

You can't thrive as a manager until you find joy in succeeding through others.

Tip: Change what you VALUE:

They do the work. They get the credit.

You can be known for letting stars shine.

3/ They Gave Ineffective Feedback

People change of their own accord. Yet you keep telling them how to be better.

Tip: Use open-ended questions.

-> Casual: How do you think it's going?
-> Diagnostic: What are you optimizing for?

Help them find your insight on their own.

4/ They Missed Big Problems Early

As a manager, your number 1 job is to size up problems others miss.

Your boss is too distant. Your employees are inexperienced.

Tip: Catch 98% of the problems w/ 3 filters:

- Key business metrics
- Customer surveys
- Talking to your people

All FNO Stocks ( Only Bullish ) Weekly Analysis under one tweet thread Follow this thread.

EICHER MOTOR ATH BREAKOUT .

ACC - Trendline breakout

ADANI PORT -

Going for breakout above 925 .

AMBUJA CEM - GOING TO ATH SOON

12 Common reasons which is the root cause most traders
LOSE MONEY in trading.

Must read thread 🧵

It will take just 3 to 5 minutes to read

RETWEET to reach maximum traders. So they can avoid losing money again by doing the same mistakes

Scroll down 👇

1) Adding many indicators in expectation to make quick money. But reality is Indicators follow price.

So try to understand what buyers/sellers are doing to move the price.

Scroll down 👇

2) Just because the candle is BIG ( BIG red colour candle means SELL & Big green colour candle means BUY ) on 5 min or 15 min timeframe for intraday.

Remember this is not a trading strategy. You are just attracted by the big candle & colour

Scroll down 👇

3) Just because having capital in demat account want to utilise full capital in a trade.

Remember don't risk max.more than 2% of your capital on the single trade.

Loss can be controlled but profits can't be controlled. FOCUS which can be controlled

Scroll down 👇

4) Placing stoploss most of the time exactly at visual reference levels like

-Above Day high/swing high or below Day Low /Swing low
- Exactly above/below VWAP
- Above Previous day high or below Previous day low etc...

Scroll down 👇

I was hardly profitable for 7 long years...

until I found this low-risk strategy! 😃

This strategy is MY FAVOURITE &

• Low risk & High reward
• profitable even with 40% win rate
• can help one take big positions
• can make you 💸

REVERSALS FROM CONFLUENCE OF SUPPORTS🧵...

1⃣ Scanner to use

Use the below scanner & only focus on stocks in the list 👇
'CCI Daily crossing above

2⃣ Add these stocks to Trading watchlist to scan

You can do this in 5 mins, literally! Watch the below video how to do it👇

Scan each stock manually with your

3⃣ Stock MUST be near confluence of supports!

What's that? There are two rules

Rule 1:
• Price should be reversing from a major horizontal support zone Ex: #GOKEX

This should be visible clearly on weekly/daily charts

4⃣ Rule 2:

• Price should be reversing from major trendline support

If you also observe
• Candles with long lower wicks or
• Big green candles - refer chart

then winning probability increases😃

This reversal from HORIZONTAL & TRENDLINE Support is reversal from confluence!

Price Action Trading ( Without Indicators)

Intraday Trading strategy for all Directional traders.

Intraday Trading Strategy Thread 🧵

Support us by RETWEET to reach and benefit maximum traders

Scroll down 👇

Trading is always a balance between Profit & Loss and there is nothing called 100% or 95% sure shot. So focus on the live price rest is noise

Chart 1

Scroll down for more examples👇

Chart 2

Scroll down for more examples 👇

Chart 3

Scroll down for more examples 👇

Chart 4

Scroll down for more examples 👇

Everyone wants to own a 10-20 bagger 🚨✅

But 99% dont know that all MULTIBAGGERS have these things in common.

10 characteristics of trading Multibaggers:

Pre summary:

Baggers to study :
1. Tata Elxsi
2. Elecon
3. SRF
4. Mirza

Returns in % attached below :

1. Always reclaim 200dma

: Chances are that they will always dip below 200dma and will make a range and again move higher

: Any stock above 200DMA will always be on a long setup

: Unless any news popup stocks above 200dma are always bullish

2. Smaller pullbacks

: These strong stocks will see big retracements but when they are in an upthrust it is always seen that they will bounce back from 0.382

: Deeper pullbacks take place but with shrinked volumes

: Narrow range candles while falling down

76 Super Tips to make killer profits doing Option Buying in #BankNifty

On the occasion of our 76th Independence Day.
🧵

76. BankNifty's move depends on moves of mainly 5 banks - HDFCBank, ICICI Bank, SBI, Kotak & Axis bank: track OI buidup & PA of these daily.

75. Open charts of each of these banks daily & see which is near an important resistance or support, that can affect BankNifty's movement immensely the next day - track that bank closely the next day.

74. HDFCBank (26%) & ICICIbank (23%) are the biggest contributor in BankNifty : give more importance to these two.

73. SBI, Kotak & Axis bank each contribute around 11%, but if two of them align with each other & HDFCBank & ICICI are neutral, they'll decide the direction.

72. SBI being the major PSU bank, can move opposite to these giants & create a turbulence, keep it in mind.

In this Thread, We will cover some important Reversal Patterns.

Retweet 🇮🇳 Like ♥️ Follow 📊

Tags:
@kuttrapali26 @caniravkaria @Jagadeesh0203 @KommawarSwapnil

Open this Thread 🧵

1. Double Top

a. Two successive peaks separated by an opposite reversal point.

b. Either rounded or pointed peaks that are usually at roughly the same price.

c. Price must break out of middle reversal point.

2. Double Bottom

a. Two successive troughs separated by a peak.

b. Either rounded or pointed troughs that are usually at roughly the same price.

c. Price must break out of middle peak.

3. Head and Shoulders

a. Three peaks with center peak higher than the other two.

b. Shoulders should be at approximately the same level and the head higher.

c. Target is the distance from the head to the neckline projected from the neckline.

4. Inverse Head and Shoulders

a. Inverted but otherwise identical to above pattern.