#BANKNIFTY futures on short term charts 0.15% - interesting pattern
@Prashantshah267 @Definedge

More from DTBhat

#BearishMomentumScanner
Conditions -
1) EMA 8 below ema 34 and falling
2) bar close below prev 5 bars
3) RSI below 30
4) volume above prev 5 bars
5) ADX above 30
6) +DMI below -DMI
All conditions should be true

The thread explains my momentum scanner and how to build it in #TradePoint software. @Definedge
Conditions :
1)EMA 8 above EMA 34 and rising
2)Candle close above previous 5 candle high
3) RSI above 60
4) Volume above previous 5 candles
5) ADX above 30
1/n
— DTBhat (@dtbhat) August 29, 2021

DTBhat
@dtbhat

#JUBLFOOD futures on short term charts 0.25% boxsize #FAST @Definedge

breakfast at Jharkhand ?

DTBhat
@dtbhat

This thread will briefly explain my stock selection process for trading

1) At EOD, short list stocks which are in bullish formations or bullish patterns on higher box sizes or time frames. On monthly and weekly time frames or 1% 2% and 3% box sizes
2/n

2) from this, short list stocks that are probable breakout candidates. Here I look for follow through to bullish patterns like super pattern , 💯 pole, turtle Breakout , rare occurrence , bear traps etc
3/n

3) From this list check relative strength against nifty 50 and short list stronger candidates.
Check for price and volume breakouts in candlestick charts on daily timeframes for confirming the momentum
4/n

There are many ways to achieve this. I have built a system in TradePoint from @Definedge for short listing the candidates. I run fusion matrix to find stronger candidates. The idea for this got from one of the weekly newsletters of @Definedge .
5/n

For finding momentum , developed a system in OHLC charts where I check for price and volume breakout for last 5 days, some EMA checks and RSI levels, supertrend etc

DTBhat
@dtbhat

#PowerGrid on daily charts
#MomentumScanner

DTBhat
@dtbhat

#ITC gave an opportunity to pyramid today.
Intraday and daily charts.
It was a momentum stock today (intra-day) and at EOD also
Stock is in super bullish mode https://t.co/aZOyXvw2tQ

What's the PF chart says about ITC?
— Growth Builder (@KETANPA50636298) April 8, 2022

More from Banknifty

$Shivaji Vitthalrao\U0001f1ee\U0001f1f3$

Shivaji Vitthalrao🇮🇳...
@shivaji_1983

Bank Nifty - Technical View

1. Previous bottom pre budget was at 29687
2. Recent high 37700+
3. As per dow theory index held previous bottom and
made higher bottom at 30400+
4. Expecting a new high as per HH HL pattern
5. Breakout above 34287 done.

6. Currently forming a triangle and base size is 6500-7000 pts and trendline breakout point is at 33500 adding this size gives us target of 40000-41000 (33500+6500)

7. Trendline from 2018-2019-2021 comes at 39000 so far, hence 39000-40000 levels are very likely in coming days.

8. There is also CNH pattern where neckline is placed at 34300 and Handle size is of 2000pts, cup size is of 4000 pts

36500-38300 are also potential tgts as per this pattern.

So 36500 first and then 38-39-40k next

Jegathesan Durairaj (J...
@itjegan

Gap down followed by down side move, few PE SL hit,
But system blessed 2.50 L with ROI ~ 1% at this volatile move. Add-on positional profit 10K too.

MaRkET WaVES (DINESH P...
@idineshptl

#BANKNIFTY-36770

Near term #base 35780 and 36300.

Expect higher Fibonacci extension 36987-38888-40790.

#Perspective
#Perception
#Probability
#Possibility

Zafar Shaikh
@InvesysCapital

33900 gone on #Banknifty

System says don't buy the dip

Wait for dip of dip of dip at 30500 #Banknifty & 15000 #Nifty

#Banknifty 33900-34100 zone has provided Support & bounce multiple times in last 12 months.

Watch this level carefully in current week. If 33900 goes, would open up big downside towards 30500 in May series ( Which is confluence of multiple support & AVWAP from Mar20 lows) pic.twitter.com/B7KUNkVVSE
— Zafar Shaikh (@InvesysCapital) May 8, 2022

Indrazith Shantharaj
@indraziths

Are you looking for a successful intraday trading strategy in Banknifty?

Well here is one along with entry, exit rules, and backtested results!

"I really want to break into Product Management"

make products.

"If only someone would tell me how I can get a startup to notice me."

Make Products.

"I guess it's impossible and I'll never break into the industry."

MAKE PRODUCTS.

Courtesy of @edbrisson's wonderful thread on breaking into comics – https://t.co/TgNblNSCBj – here is why the same applies to Product Management, too.

"I really want to break into comics"

make comics.

"If only someone would tell me how I can get an editor to notice me."

Make Comics.

"I guess it's impossible and I'll never break into the industry."

MAKE COMICS.
— Ed Brisson (@edbrisson) December 4, 2018

There is no better way of learning the craft of product, or proving your potential to employers, than just doing it.

You do not need anybody's permission. We don't have diplomas, nor doctorates. We can barely agree on a single standard of what a Product Manager is supposed to do.

But – there is at least one blindingly obvious industry consensus – a Product Manager makes Products.

And they don't need to be kept at the exact right temperature, given endless resource, or carefully protected in order to do this.

They find their own way.