BC SCREENERS
Saved by @SAnngeri

An 8 Step Checklist Before Entering Any Trade:

A thread(๐Ÿงต)... (1/18)

 1. If the market is in a trading range or trending: Traders must know that if this happens, there's a higher probability of right #trades. Always remember, the trend is your best friend (2/18)
#Traders must also ask if the prices are in a strong trend and if they want to continue to move along with this trend. (3/18)
At times, Traders also choose to trade within a range. The #stocks keep on bouncing between the #Support and #Resistance. Using indicators like #RSI, CCI or Stochastics help here! (4/18)
2. Are there support/resistance levels nearby: Stocks tend to respect these levels and traders must identify both the support & the resistance.
A trader should not enter a #long position, for example, when the resistance is nearby. (5/18)
3. Do the Indicators confirm the Price Action: Every #trader must have 2-3 Indicators that complement their trading strategy and confirms the price action. (6/18)
However, the Indicators must be of different groups. For example, #momentum Indicators like RSI, and #volatility Indicators like Bollinger Bands. (7/18)
4. The risk-reward ratio: This is the number of pips the traders are willing to risk to reach their target. Traders must try to have a positive risk to reward ratio for every trade (8/18)
5. Can there be a significant economic relapse: Any such relapses might impact the trade. Any #economic news like #GDP, CPI, or any such data might act as a catalyst. (9/18)
6. How much capital is being risked: One must ask how much #capital are they willing to risk on a single #trade. Being too overconfident about one single trade and investing heavy capital in it can often lead to dangerous consequences. (10/18)
StockEdge helps you check such forthcoming events: https://t.co/dyMGHwpxUC (11/18)
7. The exit strategy if things don't go as planned: There must be a #backup plan if things go South. A Stop-Loss is a must. The stop loss levels can be traced using #Fibonacci of prior candlesticks! (12/18)
8. Is the Trading Plan followed properly: Traders tend to digress from their original plan when they are greedy for more #profits. At all costs, and must tick all your boxes in their checklist. (13/18)
Read the entire blog post here: https://t.co/k6Zq9LTd6h (14/18)
To sharpen your trading skills, you can enroll in these webinars at a 20% discount using code WEB20: https://t.co/qFjCKMZC4H (15/18)
1. Learn to time the markets, whether you're a positional, swing, or an #intraday trader! Join Ashish Kyal (@kyalashish) here๐Ÿ‘‰๐Ÿป https://t.co/77iVAshXXO (16/18)
2. Explore a unique combination of Price Action and the CPR Strategy with Shalom Martin in this Hindi Webinar:๐Ÿ‘‰ https://t.co/UGJERbVwiB (17/18)
3. Build a rewarding portfolio for the future with the Stock Ranking System with Deepak Thakran (@indian_stockss )๐Ÿ‘‰๐Ÿป https://t.co/BFL708f56Y (18/18)

More from Screeners

HMK alias MANOJ
HMK alias MANOJ
@scorpiomanojFRM
#Freetip
A simple strategy to capture Multibaggers.
1) WklyChart
2) 30 wk MA and 10 Wk MA
3) 10 ma at 45 degree steep.
4) Get ready for long -10 ma crosses 30 ma.
5) Go long on a pullback at 10 MA. 6)Add on pullback at 10 MA.
7) Exit if complete candle closes below 10ma
SCREENERS , SCREENER , FORBACKTESTING
Yash Mehta
Yash Mehta
@YMehta_
#RSI is a common indicator which most of us use in the stock market.

This learning thread would be on
"๐™๐™จ๐™š๐™จ ๐™ค๐™› ๐™๐™Ž๐™„"

Like๐Ÿ‘ & Retweet๐Ÿ”„ for wider reach and for more such learning thread in the future.

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

1/16

Setup 1:

RSI- commonly used to show whether price is overbought or oversold.

General rule:
๐‘๐’๐ˆ > ๐Ÿ•๐ŸŽ -- ๐Ž๐ฏ๐ž๐ซ๐›๐จ๐ฎ๐ ๐ก๐ญ
๐‘๐’๐ˆ < ๐Ÿ‘๐ŸŽ -- ๐Ž๐ฏ๐ž๐ซ๐ฌ๐จ๐ฅ๐

One becomes cautious once price becomes overbought and optimistic when price becomes oversold.

2/16

Let's understand this with an example of Laurus Labs:

1. It was in overbought zone and after a few days when a small dip was seen from 693 to 588 (15% downside)

2. It was in oversold zone and after a few days when a small rally was seen from 59 to 107 (82% upside)

3/16


Well, this looks very easy, but it is not.

When a price is in overbought zone and is in momentum, then it can move up without taking a dip and exiting or shorting stock would prove wrong.

When IRCTC was in overbought zone, price went up from 2718 to 6396 (135% rally).

4/16


Similarly, for oversold stock.

When a price is in oversold zone and is crashing, then it can move down without taking an upmove and buying stock would prove wrong.

When DHFL was in oversold zone, price went down from 126 to 11 (91% crash).

5/16
SCREENERS , ALL
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Steve Burns
Steve Burns
@SJosephBurns
NR7 candlestick simplified via @chartmojo

โœ… Narrow Range Pattern
โœ… R:R Favourable Pattern
โœ… Market Psychology Driven
SCREENERS , SCREENER
Learner Ankit Jaglan \U0001f1ee\U0001f1f3
Learner Ankit Jaglan ๐Ÿ‡ฎ...
@Ankiit001
Going To Post One Example For Breakout Trade Which I Said to Share Few Days Back

I Am Not Saying You Will Find Setup Like This daily But Whenever You Will Find It Will Definitely Give You Best Reward

So If You Find This Useful Kindly Share And Retweet For Learning ๐Ÿ™๐Ÿ™๐Ÿ™


Setup Used :

๐Ÿ”ถExponential Moving Average( 21 )
๐Ÿ”ถStandard Pivot Points
๐Ÿ”ถVolume Chart
๐Ÿ”ถManual S&R and OR

One Can Easily Find Trade Based On This Setup And Can Easily Earn Good Money In Cash Trading

Lets Learn How To Use It IN Live Market

1.) IBUL Opened Gap up ( Above PDH )
2.) Marked OR H&L And Saw That OR High
& R2 is Nearby Hence We Will buy Above OR High
3.) Once OR High Broken Entry HAs Been Triggered With SL As Given In Chart
4.) Once OR High Crossed Movement Was Too Fast And Stock Crossed R3.

continue...


5.) So IF You Want To Add More Quantity You Can Add And Scale Up Position So That We Can Maximize Our Profits
6.) Now Keep Trailing Your SL Once you Get 1:2 RR Book Your Position Or Keep Your SL At Cost
7.) If You Want To Ride Complete Trend Then Keep Trailing Your SL As 21 EMA

8.) Once 21 EMA is Broken Completely Exit From Position

As You Can See In Below Picture That Once 21 EMA is Broken Trend Completely Changed Hence Follow Rules Strictly Because We will Follow Trend
SCREENERS
Aditya Todmal
Aditya Todmal
@AdityaTodmal
Central Pivot Rangeโ€”(CPR)

What does it mean?

7 tweets that will teach you about its basics (and much more):๐Ÿงต

Collaborated with @niki_poojary

1/ What is CPR?

The basics of CPR, how it's calculated, and TC and BC in CPR.

User: @ZerodhaVarsity.

One can also gauge the trend whether bullish or bearish.

Explained in very simple words

@ZerodhaVarsity 2/ What are the Uses of CPR?

User: @YMehta_

A thread that provides examples along with the concept.

Also includes an Intraday Trading Setup on 5 min


@ZerodhaVarsity @YMehta_ 3/ How to analyze trends with CPR?

User: @cprbykgs

How to interpret CPR based on the candles forming either above or below the daily and weekly CPR.

He is the most famous guy when it comes to CPR, so go through his Twitter and Youtube


@ZerodhaVarsity @YMehta_ @cprbykgs 4/ Interpreting longer timeframes with CPR

User: @cprbykgs

Trend Reversals with CPR when the trend is bullish and it enters the daily CPR
SCREENERS

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Professor
Professor
@DillikiBiili
Some ofthe biggest breakouts occur after Volatility Contraction, the analogy is that more a spring is pressed, higher it jumps whenever it gets released.

There is a VCP Scanner on chartink (Not mine). This may also be used to find potential Breakouts.
SCREENERS , TA SCREENERS
Hector Navarro
Hector Navarro
@Hectorisfunny
I'm going to attempt to chronologically list all of the Marvel characters Stan Lee had a hand in creating. Working with his genius collaborators, Stan and his team produced an insane amount of iconic characters in a roughy ten year period. (Thread)


With his younger brother, writer Larry Lieber, and Jack "the King" Kirby:

Groot

Tales to Astonish #13 (November, 1960)


With writer Lieber, and artist Kirby:

Fin Fang Foom

Strange Tales #89 (October, 1961)


With the King, Stan gives birth to the Marvel Universe:

The Fantastic Four

Fantastic Four #1 (November, 1961)


With Jack Kirby:

Mister Fantastic

Fantastic Four #1 (November, 1961)
CULTURE
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Vibhu Vashisth
Vibhu Vashisth
@VIBHU_Tweet
THE UNTOLD TALE OF THE LESSER KNOWN WARRIORS:JOGRAJ GURJAR & RAMPYARI GURJAR AND HOW DID THEY DEFEAT THE CRUELEST ISLAMIC INVADER, TIMUR LANG.

Timur Lang, was the founder of Timurid Empire. He was born in April 1336 CE, somewhere in central asia.


During his reign, he conquered Persia, Egypt, Central Asia and emerged as the most powerful and heinous ruler. He was a religious fanatic like the rest of the Islamic invaders who tried to invade India.

Timur Lang decided to invade India in 1398 as he heard about India's splendid wealth and had a desire to conquer India which his ancestor Genghis Khan couldn't do.


After Firoz Shah's demise in1388, Delhi Sultanate was in a state of political turmoil.During this time, Timur sent his grandson Pir Mohammad to attack Indian front. He invaded Multan&was able to defeat Iqbal Khan's brother but when he met with resistance,he asked help from Timur.


Iqbal Khan secured his hold on Delhi under Muhammad Tughluq after Firoz Shah died.
Timur provided the required back-up to his grandson with 100000 men approx. Timur sacked and plundered all the cities coming in his way &later in October 1398 reunited with his grandson.
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Groww
Groww
@_groww
You want to buy a house.

You take a loan from the bank.

The bank asks you, โ€œwhat if you donโ€™t pay back?โ€

You say, โ€œtake my home and sell itโ€.

(Thread)

That makes sense. The bank gives you a loan and in case you donโ€™t pay, the bank will take over your house and sell it and recover its money.

Thatโ€™s collateral.

Banks also lend money to big corporations. With them, banks donโ€™t always have collateral.

So a loan where the bank has collateral is considered safer for the bank.

In the early 2000s, the banks in the USA were giving out loans to people for buying houses.

The economy had just recovered from the tech bubble in 2000 where many banks had given out loans to businesses that had shut down.

In that backdrop, the banks found giving home loans safer.
ALL , 2008 CRASH , 2008 RECESSION
Anu Satheesh \U0001f1ee\U0001f1f3
Anu Satheesh ๐Ÿ‡ฎ๐Ÿ‡ณ...
@AnuSatheesh5
Thirumalai Murugan Kovil
#Panpoli
#TamilNaduTemples ๐Ÿšฉ

Thirumalai Murugan Temple is located in Tenkasi district of Tamil Nadu. Muruga is worshipped as Thirumalai kumarasamy. Temple is situated near Kerala border and known to be where Shri Murugan gave darshan to Rishi Agasthiar


Devi is worshipped in the temple as Thirumalai Kaali amman

Sthala Puranam says that, there was a priest named Poovanbhattar of Thirumalai Kaali amman. Murugar appeared in a dream of the bhattar and said to find a Vigraham, lying in particular place which is of Thirumalaikumaran


Bhattar conveyed the news to the Pandalam Raja and they went to find out the vigraham. Surprisingly ants showed the way to find the Vigraham. Thus Murugan vigraham was found and Prathista was done here. There is a lake with pure water on the top of the hill


which is said to be created by Agasthiyar. It is believed that kannaki of
Chilapathikaram visited here before going to Kerala. Sapthamathrukkal also worshipped Murugan here. Kanthashashti Thiruvizhaย is very famous here.

Om Muruga
Muruganukku Harohara
๐Ÿ™๐Ÿ•‰๐Ÿ™
ALL