VWAP for intraday Trading Part -1

A small thread PART -2 will be released tomorrow

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Six Blogs/Websites from which you can learn and stay updated about Python 🐍

Thread 🧵👇

1⃣ @realpython

The best site for Python. It helped me a lot personally in the learning process.

2⃣ Python Blogs

A dedicated platform for learners and professionals for

3⃣ @PythonPool

Python Pool is a platform where you can learn and become an expert in every aspect of Python programming language as well as in AI, ML, and Data

4⃣ Microsoft Dev Blog - Python

Read the latest updates about all things Python at

Wanna Learn Programming (Python, Java, Swift, and C++) for free?

Here are some of the best freely available online tutorials you can learn coding from. A Thread👇

Introduction into all of the core concepts in python. Course developed by @mike_dane

Python for beginners - (includes machine learning & web development projects). Course created and developed by Mosh

Advanced computer vision using Python. You will learn state of the art computer vision techniques by building five projects with libraries such as OpenCV and Mediapipe. Course created by Murtaza

C++ full basic Tutorial series by Cave of Programming

#Mindtree futures on intraday charts (0.25% X 3) - observe the PMOX indicator - This stock is in bull grip

Did u know?

In 1949,when Nehru ordered to remove the Idol of Bhagwan Ram from Ram Janmbhoomi,it was an ICS officer named KK Nair who firmly refused & spearheaded the Ram Janmbhoomi movement

After centuries of wait,Hindus reclaimed Ram Janmbhoomi site on the night of Dec 22,1949

Hindus installed the idols of Hindu deities including Sri Ram under the main dome of the Mosque that was built after demolishing the original Ram Mandir at Ramkot by a Mughal invader named Babur in 1528.
Despite the site being protected by Police, Hindus emerged successful.

On the next morning ie Dec 23, hundreds of hindus gathered in front of the site to have a glimpse of the Moorti.
As soon as Jawaharlal Nehru came to know about the developments in Ayodhya, he immediately asked the CM of UP to get the idols removed.

The chief secretary of UP and IG of police ordered the DM KK Nair who was posted at Faizabad and Ayodhya fell in his jurisdiction. KK Nair, however refused to remove the idols.
He served in UP in various capacities since 1930. The way he dealt with the issue and his stand...

...of not removing the Idols from Ram Janmbhoomi, made him a hero. The divisional commissioner supported Nair's view and they both proposed to keep the Ram Janmbhoomi site under strict Police control. They allowed a Pujari to perform the Pooja of the Deities.

Straddles Vs Strangles – A Thread
There have been some really interesting discussion points recently based on Euan Sinclair’s assessment of RR in straddles vs strangles. Personally, I’ve always felt far more comfortable trading strangles. (1/n)

Straddles have the highest theta value and benefits more than strangles when there is a vol crush. Over time, straddles should have a net P/L greater than strangles. This, albeit, comes at the cost of a lower PoP and higher risk. (2/n)

Early in the expiry, rate of decay of OTM>ATM options. ATM options are in the middle of the bell curve and bulk of decay happens in the later stages. However, a 20% vol crush in a straddle may result in P/L greater than 100% of a 16 Delta strangle credit. Hence, (3/n)

Strangles are a vol+decay play, straddles are a far superior pure vol play. If one’s thesis is an exaggerated stock reaction, excessive implied volatility and lower Rvol going forward, it makes much more sense to narrow short strikes. You get paid more for the same PoP (4/n)

Straddles also make more sense to deploy in very small priced underlyings, where the straddle break-evens are very close to that of strangles. Might as well collect the higher credit. (5/n)

In the Hindu Epic Mahabharata, Ashwatthama or Drauni is the son of Dronacharya and the grandson of the Bharadwaj Rishi. Ashwatthama was a Maharathi who fought alongside the Kauravas against the Pandavas in the Kurukshetra War.

According to the Mahabharata, Ashwatthama means the sacred sound associated with the sound of a horse. He was given the name Ashwatthama because when he was born, he cried like a horse.

Here are some interesting facts about Ashwatthama.

- Ashwathama is one of the Ashta Chiranjeevi, Eight Immortals. Ashwatthama was born with a jewel on his forehead, giving him power over all living beings lower than humans. The jewel protected him from hunger, thirst, and fatigue.

- His strength is almost equal to Arjuna’s, especially in archery. Among the Kuru princes, he was good friends with Duryodhan, the eldest son of Dhritarashtra. They both have jealousy towards the Pandavas.

Duryodhan felt that Yudhisthir was his obstacle in inheriting the throne of Hastinapur, while Arjun’s talent made Ashwatthama jealous because he felt that his father’s love had been divided. After all, Arjuna was Drona’s favourite student.

#Thread
How many of you know that..??

Partition of India was done SEVEN times in 61 years by the British rule.

Afghanistan was separated from India in 1876,

Nepal in 1904,

Bhutan in 1906,

Tibet in 1907,

Sri Lanka in 1935,
@saket71 @sanjeevsanyal

Cont 👇

Myanmar (Burma) in 1937

and...

Pakistan in 1947.

India's Partition of Akhanda Bharat

Unbroken India extended from the Himalayas to the Indian Ocean & from Iran to Indonesia. India’s area in 1857 was 83 lakh square kilometers, which is currently 33 lakh square kilometers. 👇👇

From 1857 to 1947, India was fragmented many times by external powers. Afghanistan was separated from India in 1876, Nepal in 1904, Bhutan in 1906, Tibet in 1907, Sri Lanka in 1935, Myanmar in 1937 and Pakistan in 1947.
@chittukuruvi4 @SriramKannan77 @_PreetiPandey

Cont 👇

Sri Lanka

The British separated Sri Lanka from India in 1935. The old name of Sri Lanka was Sinhaldeep. The name Sinhaldeep was later renamed Ceylon. Sri Lanka’s name was Tamraparni during the reign of Emperor Ashoka. @Bhartiy__ @desh_bhkt

Cont 👇

Mahendra, son of Emperor Ashoka and daughter Sanghamitra went to Sri Lanka to propagate Buddhism. Sri Lanka is a part of united India.

Afghanistan

The ancient name of Afghanistan was Upganasthan and Kandahar’s was Gandhara. Afghanistan was a Shaivite country. @SanjeevSanskrit

Now we are back to middle in bank nifty for last week of August expiry.
Bias will be negative. Bullish only above 36000 level now.
First support 35200
S2 : 34600

Next week to sell below 34600 put in beginning of week and above 36300 call.

Looking at the SGX nifty bank nifty can open negative and high chance to break first support. In this case sell only call at resistance level. Put sell only if we will back to 35500 again.

Now after reaching 34850 BN is now at 35100.
We can sell now weekly 34500/400/300 and below put against call.

Logical fallacies are errors in reasoning that undermine the quality of an argument.

THREAD: 20 common logical fallacies to learn, identify, and avoid:

Ad Hominem

Latin for "to the person" - an attack of the person rather than the argument.

Instead of addressing the argument and its points and merits, the offender attempts to refute the opposition on the basis of personal characteristics.

All-too-common in politics.

The Texas Sharpshooter

A Texan fires a gun at a barn wall and then paints a target around the closest cluster of bullet holes to create the appearance of accuracy.

Selecting and highlighting evidence that supports the conclusion while ignoring evidence that may refute it.

The Bandwagon Fallacy

An assumption of truth on the basis of the majority of people believing it to be true.

"Everyone believes X, so obviously X is true."

Typically offered without regard for the qualifications or ability of the people in question to validate the claim.

Straw Man

The offender ignores the actual argument and replaces it with a flimsy, distorted, easily-refuted argument (a “straw man”).

By replacing a strong argument with a weak one, the offender can create the illusion of an easy, swift victory.

HAYAGRIVA JAYANTHI

Hayagriva is a unique incarnation of Bhagawan Vishnu with the head of a horse and the body of a human being. The purpose of this Avatar was to retrieve the stolen Vedas from the demons.

Cont 👇

The day is observed as Upakarma day and Avani Avittam day by the Brahmin community. Hayagriva Avatar is mainly mentioned in the Shanti Parva of Mahabharata and the Puranas. It is one of the lesser-known incarnations of Prabhu Vishnu.

Cont 👇

In some regions, Hayagriva is the guardian deity of the Vedas. There are several legends associated with how Bhagwan Vishnu got the horse-head in Hayagriva incarnation. In the main legend associated with Hayagriva, Devas led by Indra are the villains.

Cont 👇

It is said the powers of Vishnu made Indra jealous and they decided to kill him. Once the Devas found Prabhu Vishnu resting with his chin on his bow. The Devas turned into termites and chewed one end of the tight bowstring until it snapped.

Cont 👇

The bowstring snapped with such force that it beheaded Vishnu. Without Vishnu, the Devas were helpless before Asuras (Demons). Asuras used this opportunity and stole the Vedas and overpowered Devas.

Cont 👇