Discover and read the best of Twitter Threads about #ASIANPAINT

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A Thread on #VWAP - for #Intraday

With #Zerodha Charts that most of us use.

Kindly RT if you like it. 🙏

@kuttrapali26 @Mitesh_Engr @vivbajaj @caniravkaria @nakulvibhor @ST_PYI @PRSundar64
VWAP - One of the most trusted indicator is volume-weighted average price (VWAP). Simply average the price and volume and indicate a price point of the trading of day. Works in #intraday Only.
How to use #vwap -

First 15 minutes - #ASIANPAINT on a 5 min TF explained in pic below

- Entry based on #VWAP in morning gives max gains.
- In a bull chart it won't touch VWAP again in day.
Read 7 tweets
This Tech. tool keeps you on the right side. Take trades once this gives the go ahead. Until then, don't enter.

SLOW MACD(12,26,9) is a trend & momentum indicator.

S.MACD provides clear buy & sell signals using either "Turning dn or up & Triggering" as well as divergences. Image
Always start with higher t/f (WeeK) to align with the current forces. It does not mean, there won't be any counter trend moves for which you need to step down (Day & Hour).
Know the trade taken based on the t/f & accordingly stay for big move(week) or exit quickly (Hour) ImageImageImage
Having followed most indicators (used to calculate formula & write dn & plot it in graph paper; hence, felt them), you just need S.Macd to make consistent money.
You don't need to make money every hour But like the fishermen, wait patiently for the signal, be it Hour/ day or week ImageImageImage
Read 13 tweets
Stocks for 10/09/20 Intraday

#BANDHANBNK
#ASIANPAINT
#McDOWELL_N
#JUSTDIAL

Based on NR7, Volume and Volatility concepts
Results of the Day : 3/4 Stocks gave tradeable moves
Great day today!

1/3 : #ASIANPAINT : PROFIT : +4R

As posted in the morning:

the stock was very strong and break a HTF range. Exit was for +4R which is the maximum I target for Intraday trades Image
2/3 : #McDOWELL_N : PROFIT : +1.5R

Price stalled at previous highs and was rejected by double the Volume and perfect bearish candle. It was just screaming Short!

Exit was done when price stalled in a range and Day was coming to an end Image
Read 4 tweets
#AsianPaint

Favorite stock in our #bluechip portfolio.
#Priceaction Strong
Gaining #momentum

It has already gained 34% from the March lows
The performance continues. Image
Asian Paints on Tuesday said its manufacturing facilities are working at up to 70 percent capacities due to the impact of COVID-19 pandemic and resultant lockdowns.
Image
Read 3 tweets
Stocks for 14/08/20 Intraday

#RELIANCE
#HDFCBANK
#BPCL
#BAJFINANCE
#UPL
#LUPIN
#UJJIVAN
#GLENMARK
#ASIANPAINT
#PEL
#ULTRACEMCO

Based on NR7, Volume and Volatility concepts
Results of the Day : 3/11 Stocks gave tradeable moves. A great day for me since there was a lot of Volatility and I read the price action well.
1/3 : #RELIANCE

My best price action read today :

Price started Bullish but found resistance at 11th Aug high. Short trade taken after bearish confirmation and Exited as per my rules.

Tip #2 in pinned tweets was KEY in securing higher profits

+4.5R profits booked Image
Read 5 tweets
There are 1000s of companies listed in #NSE & #BSE, but how many of these companies were able to make at least more than 10% returns on yearly basis? Here's the details
There are always certain stocks that makes multi fold returns in short span of time, for example all Tech stocks were making huge returns during 1999–2000 period and all real estate stocks were making huge returns during 2006–2008 and NBFC recently.
So when you calculate annualized returns of all stocks, such bubble stocks can also come into list.
Instead I calculated all stocks yearly returns since listing and checked how many times, they were able to make at least 10% returns on yearly basis.
Read 5 tweets

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