If you're interested in learning #priceaction , this is your 1st step - Read this book.

Why does a stock not go up or sustain gains despite "Day" Trend indicator (Macd) displays +ve div & moves higher ?
Why does another stock with similar Macd set up go up & sustain it's gain & even makes ATH
What is being missed here?
How to choose a stock that will sustain gains ?

Oftentimes, in our rush to study many stocks, we miss the most important & "elementary" factor.

A simple one, "IF" not taken seriously, we end up with a stock that promises but does not deliver and miss the one that has the potential.

Know this & you'll be on the winning side🙂

Why ?
Always give weightage to "higher t/f".
Here, when you look at a Day chart, check to see what the week says.
#Hdfc week says, it's weak, trending down & below the trigger.
So does, #nifty50
When week Macd is down & below trigger, Day Macd being up will have not much impact.

How ?
When you give weightage to "higher t/f" & then look at Day chart, you align with higher force
#Tataconsum week says, it's strong, trending up & above the trigger
So does, #Tatasteel
When week Macd is up & above trigger, Day Macd being up will align with higher divine forces

Give weightage to "higher t/f" & then look at Day chart, aligning with higher force
When week Macd is up & above trigger, Day Macd being up will align with higher force
Following list(out of 50 being followed) shows strong, trending up, Neutral & Weak, trending down
Choose wisely

#deepakntr (CMP:2133)
A LRHR trade
"ABC" correction seems to be over.
Holding 2110-2115, likely to head to 2200-2220 in a day or two.

A simple trading system with 2 #movingaverages (13&21)
Prices are far away from MA presently.
"BUY" on "Mean reversion" to MA.

How many are following this method ?
What has been your experience ?
Share them after Mkt Hours, please🙂🙏

A simple trading system with 2 #movingaverages (13&21)
Prices are far away from MA presently.
"BUY" on "Mean reversion" to MA.

13 & 21 were @ 17206 & 17114
& now
13 & 21 are @ 17274 & 17182

Prices too coming down & MA coming up to meet
to generate a signal !!

13 & 21 were @ open 17206 & 17114
& now
13 & 21 are @ 17292 & 17200

Prices & MA are poised to meet
to generate a "BUY" signal !

SL for Longs remain @ 17240 (Fm "VF table")

Remember, every 15 minutes, the #movingaverages are moving up..

A simple trading system with 2 #movingaverages (13&21)
Prices are far away from MA presently.
"BUY" on "Mean reversion" to MA.

21 Sma @ 17255
Buy closer to it (17255-260)with small SL 17240.

#TradingTool
A free market breadth tool that I have left open to public.
1) % stocks above 20 day / 50 day / 200 day MA for Nifty 50 and 500 index and all Cash stocks.
2) % stocks above 20 period / 50/200 period MA intraday for N50 and

𝗦𝘁𝗼𝗰𝗸 𝗦𝗰𝗿𝗲𝗲𝗻𝗲𝗿𝘀 🚀🚀

All my screeners in one place.

I like to keep it simple, so use just a few basic screens. And a lot of manual chart reading.

(Thread 🧵, read on...)

Trend Template for Momentum Stocks

My main screen which I run every weekend to prepare my watchlist.

Link -

Near All-Time-High (ATH)

My auxiliary screen that I generally use when the trend template is generating too many candidates, and I need to zero in on the very best.
(Happens usually during strong up trending market)

Link -

Relative Strength (RS) List

My utility screen which I usually run at times when the market is experiencing general weakness within a longer term bull market, or during a bearish phase.

Gets me stocks holding up the best in the general weakness.

Link -

My #FIPA combo scan

Stocks showing good quarterly business performance and strong price action.

One of the most simplistic stock scanning engine for Indian markets is at @mystockedge , its an ATM Machine.

@vcpchartist @buzz_chronicles save as screeners

save as screeners