Discover and read the best of Twitter Threads about #Motabhai

Most recents (2)

#OpenDrive
#intradaySetup

Sharing one high probability trending setup for intraday.

Few conditions needs to be met
1. Opening should be above/below previous day high/low for buy/sell setup.
2. Open=low (for buy)
Open=high (for sell)

(1/n)
How to implement?

1. Let first 15 minutes candle give close.
2. Buy above 15 minutes candle high / sell below 15 minutes candle low.
3. Stoploss should be 0.3-0.4 below support (for buy)/above resistance (for sell)
4. Exit as per Pivot points (trail stops after R2/S2).

(2/n)
PERFECT EXAMPLE BELOW

ICICIBANK 16-4-2019
Read 12 tweets
#MoneyFlowIndex:

In this thread will try and cover What is Money Flow Index & how to read the Money Flow Index and It's importance in Stock Investing - I repeat it's Investing Only.

Will explain the concept and post few examples.

Retweet is your Choice and not compulsion.
MFI is an oscillator used to calculate the movement of money i.e., Over Bought or Over Sold Situations.

It has a range of 0 to 100.

Where below 20 being considered as Over Sold Zone and Above 80 being considered as Over Bought Situation.
When Price Of a Stock Moves Up, but Money Flow keeps coming downwards, it indicates that the smart money is exiting or the rise is price will not sustain - hence as an investor one should look at capitalising by exiting on rally.
Read 9 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!