BHEL may come of F&O ban for tomorrow’s trade -Open interest as of now at 79% of MWPL

PNB also very close to coming out of ban - OI at 80% of MWPL

Note- OI has to fall below 80% for a stock to come out of ban

#stockmarkets #Nifty #stocks

Momentum always fade before it reverses. No abrupt reversal in it.
U can see in the pic below, it always passess through a choppy zone, before trend reversal to give a clear momentum.

With a huge gap up and no follow through today, price is still not bearish
means no short now

Sharing few Technical indicators with @shail_bhatnagar and @virendraonNifty on @CNBC_Awaaz which i usually follow..!!
You can Retweet or share to your friends as well if you feel these are good for new trader in the market.
Market is supreme and it teaches us every day.

1 FMCG stock chart has so much to teach -
1) Cup
2) Handle
3) BO
4) Retest
5) Bearish RSI divergence

What is obvious, USUALLY doesn't play out #StockMarket

Another 1 from the same space...15min chart shows massive buying in the closing minutes & CE's running for cover. Find it---> Analyse it ---> Trade it

Fibonacci and how to use them

stoploss & slippages : a thread to understand how to avoid big slippage when you get stopped out #Qunat #AlgoTradeing #Nifty #stoploss (p.s. this is just an effort to educate & example is for illustration only.) hope this helps.

1. NSE maintains two orderbooks one which has all the bid & ask offers till its full depth 2. is stoploss orderbook which is not available for anyone to lookup unlike the 1st one.
you can place two type of stoploss orders one is SL-Market & SL-limit

These SL orders gets recored in SL-Orderbook in 1st come 1st basis for that mentioned trigger price
ex. 1) 9:20 -> SL order trigger at 100 qty 500
2) 9:45 -> SL order with trigger at 100 qty 500
3) 11:30 -> SL order with trigger at 100.5 qty 500

Now when price is dropping and as soon as it starts hitting the trigger prices mentioned in SL-Orderbook .. these orders get released in pubilc bid ask orderbook. in this case for our ex. trigger execution order will be 3,1,2

for this particular day market opened gap-up, for lot of traders this becomes bullish bias .. with this bias market was in very narrow trading zone giving everyone opportunity to enter .. majority of ppl will keep SL below nearest swing low.