Hello Friends 🤗

Here is my filter to identify short term breakout in #stocks

Save it & Make a part of your trading tool

Darvas Box Theory Simplified📒

🔵Its a trading strategy developed by Nicolas Darvas
🔵It targets the #stocks which are hitting new highs with rising volumes
🔵It works well in bullish markets
🔵Darvas Box covers lows & highs of a stock moving in a range for certain period

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Darvas Box Theory Simplified📒

🔵Search for all the #stocks which are moving in a certain range with excellent fundamentals
🔵Then cover that range bound move with box called DARVAS BOX
🔵Apply Fibbonacci extensions once any stock breaks the upper or lower range of the BOX

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Darvas Box Theory Simplified📒

💡Case Study- #Abbott
🔵Use weekly chart to capture big moves & Daily chart for small moves
🔵We need ultimate PATIENCE in trade if we use this strategy
🔵Abbott broke out the box with volumes & gave 4500 pts move

End of Thread
Thanks 🙏

Stocks with super improvement in Financials as per latest quarterly results and strong price action.

VWAP for intraday Trading Part -1

A small thread PART -2 will be released tomorrow

Traders show your support by like & retweet to benefit all

@Mitesh_Engr @ITRADE191 @ProdigalTrader @nakulvibhor @ArjunB9591 @CAPratik_INDIAN @RajarshitaS @Stockstudy8 @vivbajaj @Prakashplutus

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#CPR is an indicator which is used for #Intraday in Stock Market.

This learning thread would be on
"𝙐𝙨𝙚𝙨 𝙤𝙛 𝘾𝙋𝙍"

Like❤️& Retweet🔁for wider reach and for more such learning thread in the future.

Also, an investment strategy is shared using CPR in the end.

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Central Pivot Range (CPR) acts like a magnetic level for any stock/index. Traders use it for intraday but it works on higher time frame as well.
CPR is just the three lines which is like a magnet and price approaches these levels. CPR acts like a support or resistance.

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What are these three lines now?

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

For intraday chart use previous day candle HLC. Similarly, for Daily Chart it would be Monthly HLC. For Weekly/Monthly Chart use Yearly HLC.

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This indicator is available on Zerodha Kite (web version) and it works well there. It's also available in @tradingview but setup needs to be done based on the time frame.

Images are shared for CPR setup of both the terminals (Zerodha and Tradingview).

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CPR can be used in finding trend.

If CPR is moving up for the next day, then trend is up. If CPR is moving down for the next day, then trend is down.

Some examples for both:
In the below chart of Nifty (5 mins), CPR is moving down and price is also in downtrend.

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New MyComboScan with new parameter VWAP

These major stocks have shown high delivery yesterday and also price action combined with VWAP is showing Strength.

A thread on these stocks.

4th consecutive month of Negative returns on Nifty has Always been Major Bottom for Nifty.

We already had 3 mnt -ve so far

(Mar 20: 3rd consecutive -ve mnth)
Feb-19: 3rd
Dec-16: 4th
Feb-16: 4th
Aug-13: 3rd
Nov-08:3rd
Nov-01:4th

Just see the bounce from there !
Wats your view?