If it takes you more than 5-7 secs on a chart, its not worth a trade. The chart/setup should be appealing at first sight. #TrainYourEyes. I go thru abt 200 charts daily and maybe approx 250+ on weekends
How my watchlist is prepared:
1) Once a chart looks attractive, I,
1/n

Toggle the chart in multi TF's to spot any PA/ patterns
2) Recheck with diff indicators like ST/Ichi/Cci
to see if anything favorable or otherwise
3) 1 last check on HA (dbl/triple confirmation)
4) If FnO stock, I go through the OI/ COI data else corelate volumes with pa

2/n

5) Jot down Entry/ SL levels.
Next morning, go through the preopen prices of the watchlist & try to spot any unusual activity like BO, etc.
Finally at opening i check for possible O=H/L or ORB

You ARE in a bull run hence you think trading is easy.
Just #FollowTheProcess

Free Cash Flow to Firm Bridge for Asian Paints

Source: Marcellus&BQ Quint. Good read!

Basic Fundamentals that I look for Short Term Trading
1. D/E < 1
2. Promotor Holding > 50%
3. Sales Increase
4. ROE, ROCE > 20%
5. Little to no pledging
6. Fii + Dii holding > 10%
7. Preferably Low Valuation than Industry

Retweet 🤞🐎

@kuttrapali26 @nid_rockz @ipo_mantra

@shoyab22 @TradingMonk_UJ @tradingmonk_MB Trading monks already discussed about how to shortlist stock a day before you can use developing CPR for that
Watch this video u will clear all your doubts

Best candlesticks pattern for Btst:-

Bullish Tasuki Line Candlestick Pattern

👇👇👇

#StockMarket #Btst #Stocks

It consists of 2 candles.
The first candle is a long bearish red candle and the second candle is a long bullish green candle.

The second candle should open with a gap up and close above the high price of the first candle.

This pattern is mainly formed after a bearish rally or bottom formation.

In this pattern the volume of the second candle should be greater than the volume of the first candle.

It works well for btst and positional.

Can enter BTST before market closing in last 5 minutes.

SL will be below the low of the red candle.

Good time frame:- 15 minutes and 1 day (works best)

Will slowly made thread on all imp candle stick patterns for Btst.

Retweet the first tweet.
Follow us for learning Btst.

Momentum Stocks Picking:

Result Script + Move more than 1.5ATR move either side.

That's it enter whenever see low risk in direction.

Add Gap as well of +/-2.5%.

Scanner prepared for all derivative script which trading more than 1.5 atr. Add sub category if u want.

Disclaimer: need to see lower timeframe to enter when risk reward

With this simple logic, you will not going to miss any good momentum Stocks in fno market.
One more note high momentum Stocks also volatile in nature so entry only when ur risk defined and rr good. All the best!

My exit strategy is simple - If a stock moves up by 10-15% from my buy price, I sell 20% positions and bring the SL of remaining at the buy price. After it moves further up, I trail with 21 MA and if it is up over 100-150% from initial entry, I trail with 50 MA.

ADSL - exit case

Hello Everyone. This is for everyone, who follows my call @CNBC_Awaaz . I always back the probabilities and try to give few picks which I've the max conviction upon. And my best of intentions is to offer my best. However there will be situations depending upon the market texture

Things will always not go as per plan. HCL Tech was picked up at around 1,200 yesterday 3pm. It made a high in the first 5mnt candle and came down. Now just because the call was given, please ensure to do your due diligence. Below are few pointers, and these can be applicable

to any of the trades you might have at your end. Try to follow these basic rules at least to save yourself from any major loss.

1: Check the HK Candles, see the body size & color continuation of candles.
2: Price Below VWAP (Avoid longs, or bring SLs closer). A must follow rule

3:ST (21/1) B/S signals must keep you on check
4: 8 Below 21 EMA should be a cause of concern
5: MACD Negative crossover must be also giving you a warning
6: RSI below RSI Avg. must keep your SLs tight or exit longs

Hopefully these are self explanatory. Follow these and

Add a layer of Options Data Reading, most of the times you will be in the right side of the market.

Finding a trade is the most easiest thing to do, managing a trade is another skillset all together. Own the time frame as per your wish (like 5 / 15 mints) for intra.

Carnage in broader market is something of a characteristic of the final leg of correction.

Broader market bleeds more than index to scare off the retail from smaller stocks.

Can go on for few weeks.

Past winners (5X) chartink screener for study purpose!!
Save and download the backrest results you will get it for last 15

share it!! Lot of DM for screeners!

@sanjufunda This us awesome 😍😍😍🙏

save as screeners

Strong stocks.
Good latest quarterly results.
Trading at 52week high zone.
Good balance sheet performance.

These stocks should be in your buying watchlist.

Try your hand using the simplest scanner in town @mystockedge

My top recommendations for the Chart Patterns if you are interested.

10 week EMA is more logically powerful than a 10 day EMA. The reason being in weekly TF, 10EMA represents 50EMA in daily while 10 day EMA corresponds to much less important 50EMA in 75 min TF.

In the same way 40 week EMA is proxy to all important 200EMA in daily.

Stocks that have fallen less than 20% from 52 week highs and are at 65 MA and show higher relative strength are stocks to watch out for #tradingtip @BlogJulianKomar @caniravkaria

Calculate the total loss you will face in trading portfolio if all SLs are hit if market goes against you.

Select an appropriate strike to buy a Put option left with considerable expiry to hedge your portfolio. Hedging through options is one area which retail investors ignore

The companies which are set to benefit!!!