We don't know for how long the market will be choppy - could be a few days, 2 months, 6 months or a year. (2/18)
While trading in stocks, how do you survive in a choppy market and make profits? Here's how I do it 🧵
Choppy markets are difficult to trade. When there's an uptrend like it was in mid-2020 and 2021, it's easy to find out stocks in different ways. (1/18)
We don't know for how long the market will be choppy - could be a few days, 2 months, 6 months or a year. (2/18)
After a clear uptrend, market changes the trend and sometimes goes sideways/consolidate for the time being. (3/18)
Method One:
When Nifty and small-cap/midcap Index comes at major support keep a watchlist ready. (4/18)
(Read prev. Swing Trading thread)(6/18)
(Have written about it in the previous thread and my personal favourite)
If there is any major reason behind changing trend or the sudden fall, we have to figure out what sector can benefit from that reason. (7/18)
This time, Russia Ukraine war had directly affected 2-3 sectors - Metals, Chemicals and Energy. (8/18)
Alertness is important in a choppy market. (12/18)
Check the charts for more understanding: (14/18)
More from Sheetal Rijhwani
Nobody will give you this kind of knowledge in any paid webinar like they gave this in a thread! One more brilliant thread by @ITRADE191 @AdityaTodmal @niki_poojary
In this thread, I'll walk you through my set up, absorb it as much as you can.
— itrade(DJ) (@ITRADE191) June 27, 2021
The instrument that I trade in are Nifty (NF) options
Thanks to @AdityaTodmal @niki_poojary for contributing in making this pic.twitter.com/BrMrGydb1v
Read and follow this.. he has aptly explained about various methods to trail.
2. TRAILING METHODS-
— Trader knight (@Traderknight007) December 24, 2020
1. SWING POINT METHOD-
In this method we use the swing points or the HH- HL OR LH-LL points for placing sl,
In this method we trail our sl when the stock make a Higher low after our entry and keep Trailing the sl till it hits. pic.twitter.com/CqzCkLdWmC
Target - 6400+
Stop loss - 4650 https://t.co/DD6pFtSvMI
#AffleIndia
— Sheetal Rijhwani (@RijhwaniSheetal) August 8, 2021
It's at retest of weekly breakout level.. we can get a good entry with favourable risk/reward. Have a look at chart! #stockmarket #stockstowatch pic.twitter.com/cS9EOIoWJl
More from Screeners
USDINR - a breakout that will not bode well for the equities
78+ https://t.co/AWqZxF5B1L
Can you anticipate a breakout? Yes
— The_Chartist \U0001f4c8 (@charts_zone) June 10, 2022
the attached tweet.
now the chart is for USDINR https://t.co/Vb2wKaCvTB pic.twitter.com/INo0GC4fGY