#Industower
- Was checking the wrap tool by
@itsTarH
and found big buying by MF.
See the weekly chart of Indus tower and try to relate with volume. That' how we need to train our eyes to find big money foot print.
90% return in last 3-4 months.
How I bought & Managed
#RVNL
for 50%+ gains in a Week.
RVNL was in strong momentum and broke out of base. Good thing is its sustaining . Then Came election and all names crashed like hell ... 15-20% Down on Elections day i.e. 4th& 5th June . I never knew that it can come back
Yesterday Govt of Karnataka has launched COVID WAR ROOM @ Drugs Contol Dept, Bangalore, My kind request to all is, to share COVID-19 WAR ROOM contact number (8951755722) with your near ones, in case of emergency, All the Drugs Control Dept (DCD) officers/ staffs are working 24*7
I subscribed to Himanshu's course exactly 2 years ago today. It completely changed my perspective of trading. Put me on right track.
Many things to learn but at least I am on the right path.
Meet up with
@_chartitude
last year
With
@VPA_trader
#oldpic
Focus on Focus List.
Note it somewhere and read it everyday for next 1 months until it gets etched in the mind. This is the one of the biggest problem.
#NoteToSelf
If a stock I prioritized for trading doesn't trigger the next day, I don't discard it. It remains a top priority unless its structure breaks.
Organize your watchlist so you can easily review your top names. Don't stress about missing out on every move; it's impossible to trade
#HPL
- I did not buy at opening as everything was moving fast.
Pyramided it sometime back @ 633.97. Bought 40% size which was sold earlier. Sl would 21 EMA.
One of our group member
@madhavperepu
has created a website to scan the stock on various parameters.
It has readymade scanners for
- Horizontal line
- Tight price action
- IPO
- Volume foot print and many more.
It also has RS scan available.
Understanding price volume behaviour is very crucial. Good thread to read.
Recommend to read A complete guide to volume price analysis by Anna Coulling's book on this.
The Rise and Fall of Volumes before Mega Moves and their relevance.
Bookmark this thread🧵
#PARAS
Paras Defence and Space Tech broke out of a Big Base on huge volumes and did a massive shakeout on Election day before quickly recovering and pausing.
Observe how the Volumes
This is what I try to do.
- Scan off market hours for stocks making base.
- Draw a horizontal BO line.
- Put a alert little below BO to get the time to analyze action.
- If volume coming in then buy when it is breaking out.
You would miss few but you only need 1-2 in a week.
Absolutely amazing
@_chartitude
. Great to see your name among the legends. Truly well deserved.
You have helped so many people through your teaching. This is just beginning.
🎉 Big news!
The Annual TraderLion Trading Conference is back, bigger and better than ever!
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Full list & details:
Some of them moved big today itself. I was only able to enter Ashapura due to fund crunch.
Will continue this exercise.
Should I share a watchlist which will have updated names?
One of the best updates on the website. See all the chart in one go. No need to scroll through the TV.
Great work. Checkout this cool feature.
#trading
#screeing
🚀 Exciting update! Now view charts on our site, select preferred ones, and copy them with one click to paste into your TradingView watchlist or anywhere else. Seamless chart viewing and management just got easier!
#Trading
#NewFeature
📈✨
Why All other Defense Stocks Not
#COCHINSHIP
?
COCHIN already has One Sided move , 135% in few Weeks . Already Leading from since Starting of April .
It obviously is not young now . Already had multiple legs of upmove .
No doubt it is tight , but does all tightness buyable ?
#HINDCOPPER
Trading @ 297.5 , 8% Up till now
Bought at 242 & 275 with ~35% Allocation
As I Wrote in Quoted Tweet , micromanaging can be disadvantage for our portfolio . Sometimes it helps in choppy mkts but often it kills .
Just Riding my position with Trailed SL(Today's
Instead of counting your quarterly/monthly returns. Review your trade to find what can be improved in process.
Following are a good metric to check in your journal:
🔹Avg gain - Should be high
🔹Avg loss - Should be less
🔹Holding days for positive trade - Should be high
June 2024 has come to an end.
This is your friendly reminder to sit with not just weekly, but also monthly charts.📑📑
Pro Tip: For the love of god, study monthly charts. Don’t trade them 🙏
Here's to a mentor who pushes us to excel. Let's raise the toast to your health and success on this special day. Happy Birthday dear Himanshu
@_chartitude
!
#Skipper
- Providing low risk opportunity.
🔹Long base
🔹Pullback on lower volume
🔹Tight area near 21 EMA.
Company develops towers for power line, railway structure etc. So, it is proxy to some good moving sectors.
#TejasNet
- Good base here. EPS increasing YoY.
Both 21 and 50 EMA started slopping up.
It would get good tailwinds as focus on 5G increases. Also, would get PLI benefit.
I am more proud of this chart then equity curve or return. Price moving up is in not our control.
Only thing in our control is to cut the losses short and I have done this almost as per rules.
Avg loss 3.6%.
Data courtesy
@tradesviz
So, you see me cutting position aggressively or booking profit in strength.
I had taken good draw down in May (almost given up my 70% April month gains). Since, then trying to avoid that situation.
Will work on my risk management first, then plan to ride the winners.
Data
How to avoid noise on twitter even you are following many handles.
- Create a list under 'Lists'.
- Add people as per category. For example, add TA folks to list named TA, funda folks to list named Fundamentals.
- Pin the list and you should see in the home page as below.
#WABAG
- Trade execution. Entry @ 1448. 30% sold @ 1496.
Was watching this in 5 min chart. It had opened strong with small gap but as market condition was not good, so waited first 5 minutes. It retraced in next 5 min but respected the gap boundary. I was waiting for it to
#ABSLAMC
- AMC stocks have been showing up in scan for some time.
It is creating a base here. Price closing near BO level is good. Volume is also decent.
#PSUBanks
- PSU bank index. Which side it will go.
Will scan and keep some names handy if breakout comes. Some names already moved today.
I would prefer names with clean base, low float, result already out .
#Dlink
- Booked fully. PF impact 4% in about 3 weeks.
Looks a bit extended now. It may go higher but it's out of my comfort zone.
Good decision to move here from Anantraj.
#gensol
- I had created this case study sometime back to understand accumulation for future. Sharing with you all.
This is a very good chart to understand the price action. If I am not lazy enough, would try with other charts as well.
Entry: 575
Exit: 1233
#DolatAlgo
- Added @ 153.9. First trade in August. Good clean breakout with some volume coming in.
Would keep SL at 147.
Disc: No buy/sell recommendation.
Super interesting scanner launched today🚀
Checkout the Gap filling screener on ChartsMaze🔥
@_chartitude
Himanshu sir, please suggest alternate names for Gap filling😅
FOMO happens but need to stick to rules.
#LindeIndia
- This was a great setup to trade in normal market.
6 months base breakout. Clear signs of accumulation in between. Great volume in last 4-5 days.
Why I did not enter. SL is wide. 21 EMA is also far.
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Much improved UI and some more information added. Looking good.
Great indicator to take a quick glance on the chart itself.
Thanks
@VCPSwing
@Arun_nnn
. Much appreciated.
#EMS
- Just got the alert. Filing the gap. Good consolidation here and BO with volume would be nice.
Recycling sector is buzzing a bit. WABAG already moved.
#Kamdhenu
- Entry @ 594.
Long base breakout. Very high volume today. Closed very strong on such a negative day.
RVNL cash was deployed here and it has almost recovered the loss of RVNL.
Moving SL to cost to make it risk free.
#Nuvama
- Wealth management and brokerage companies are setting up.
🔹Prior uptrend with high volume
🔹Pullback with lower volume
🔹Tight consolidation near 10 EMA
🔹Inside bar
This is a great learning opportunity for the people who want to start a stock market journey but are struggling for a starting point.
This course will teach you to be self sufficient.
Disc: Not a paid recommendation. I am a past student and have benefited a lot.
चैत्र नवरात्रि की हार्दिक शुभकामनाएं।
You can download the "free tweet compilation" done by one of my students
@whoapurv
from the following link after signing up...
I am glad to release my membership platform including 32 hours of TA course I conducted
#SJVN
- This looks good now for entry. 138-140 should be a good entry range.
It breached 21 EMA but reclaimed it. It may provide an entry in coming week.
#SJVN
Another quick recovery of 50 EMA.
Now in gap zone.
Taking support of 10 EMA.
Good entry above this level. I am expecting it to touch 21 EMA and will look for pullback entry if it shows strength.
Some of them moved big today itself. I was only able to enter Ashapura due to fund crunch.
Will continue this exercise.
Should I share a watchlist which will have updated names?
@_chartitude
People do not understand the concept of opportunity cost in trading. It may move 2x from here but there would be many who will make 3-4x in same time.
How do you get back into a setup when you get stopped out?
What is the right stop loss placement?
I go through that & more with this fresh YouTube video 📽️ using recent trades in $amd $uber as real life examples.
Don't forget to like and subscribe!
👇🏼👇🏼
#Gabriel
- Was not looking to buy anything but this was on radar for many days. Result was good and price action also showed strength.
Overall risk is less than 0.5% of capital.
Recycling sector is in focus. Here are few charts for reference purpose.
#Gravita
🔹Long base breakout.
🔹Gap up on 12th June.
🔹Continuation BO today
🔹One of the largest recycling company.
Americans are getting stronger. Twenty years ago, it took two
people to carry ten dollars’ worth of groceries. Today, a five year-
old can do it. —Henny Youngman
@AmitabhJha3
Let's hear from people. What do you think is the right capital, where someone can think of going full time.
My idea: 5 year of expenses in MF, arbitrage fund, FD etc (Combination of all).
Trading capital should be 100x of your monthly expenses.
This is the safe value as per
Often People ask how much capital they Need to become full time trader.
It depends on your monthly expenses or your living style.
If your monthly expenses more than 1 lakh then 10 lakh trading would not be enough.
For example:-
People with 1 cr capital can enjoy their life in