Swapnil Profile picture
Aug 23, 2020 7 tweets 6 min read Read on X
Stocks for 24/08/20 Intraday

#RBLBANK
#CHOLAFIN
#INDUSINDBK
#CIPLA
#TECHM
#AUROPHARMA
#McDOWELL_N
#BIOCON
#SRTRANSFIN
#CUMMINSIND

Based on NR7, Volatility and Volume concepts
Results of the Day : 6/10 stocks gave tradeable moves

1/6 : #CHOLAFIN : LOSS : -1R

Price came up to previous session resistance and formed a Bearish engulfing candle with wick.

All conditions for my setup were met and hence Short trade was taken. Image
2/6 : #CIPLA : LOSS : -0.2R

Price broke a significant support with Volumes.
Short trade was closed early since Bullish tail forming candle came in with Good Volumes Image
3/6 : #McDOWELL_N : PROFIT : +1.2R

Price was giving bullish signals but a Wide range Bearish engulfing candle formed with High Volumes

Price took support in the support zone and did not hit +2R targets Image
4/6 : #AUROPHARMA : PROFIT : +2.3R

Price gave a fakeout below Support and formed a Wide range Bullish candle with high volumes

Exit was done after bullish bias was getting weaker Image
5/6 : #INDUSINDBK : PROFIT : +3.5R

Price broke previous resistance with a strong candle and good Volumes.

Again Exit was done after Bullish structure got weaker Image
6/6 : #SRTRANSFIN : PROFIT : +1R

This stock formed a Bullish setup as detailed on chart.

Since the Volumes were lacking, it was closed at +1R.

Kindly ❤️/ Retweet if you find it useful Image

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More from @Swapniltrader

Nov 26, 2020
With the Bull run taking a halt in Crypto trading, back to Stocks!

Stocks for 27/11/20 Intraday

#RELIANCE
#BHARTIARTL
#BPCL
#SUNPHARMA
#TECHM
#SRTRANSFIN
#HDFC
#VOLTAS

Based on NR4, Volume and Volatility concepts
Results of the Day : 3/8 Stocks gave tradeable moves

1/3 : #RELIANCE : PROFIT : +3R

After a Liquidity hunt on the downside, price went up and came back to test that same zone as support which gave strong Bullish Reaction for a Long trigger

Exit at resistance zone ImageImage
2/3 : #SUNPHARMA : PROFIT : +3R

As I posted:

Price was doing a double S/R flip which is s strong Setup, supported by good volumes coming in, for a Long trigger

Exit at resistance zone using a predefined target ImageImage
Read 4 tweets
Nov 21, 2020
Trading Ranges : How-To

( A Thread 👇 on how do I approach a range and take scalps)

#1. Price makes a rapid move - Creates a Swing High and Low and starts consolidating within those boundaries

1/n
#2. Price deviates on one of the boundaries and closes back in the range. This logically means that price will likely visit the next extreme boundary of the range
(Not perfect example because it already went to other boundary!)
#3. Look for Trade entries when price revisits the breaker formed at the boundary where it created a deviation, with Stop above the boundary and Target the other extreme boundary
Read 4 tweets
Oct 25, 2020
Inspired by Market Structure traders, especially @Trader_xB, a thread on what I've understood and will look to implement in future

Note: This is a post-market analysis for my personal learning, I'm not yet good in this method

Let's apply it on #ETHUSDT

TF:
30 min
5 min
1 min
30 min TF:

Price moves Up, forms a Range high
and down, forms a Range Low

Zoomed in 15 min TF:

Moving up from Range Low, forms HH, HL structure
Forms an area of interest after break in MS

Hence,

1. Trend is Up
2. Area of Interest is made

Now, wait for price to come down ImageImage
5 min TF:

Price comes down to it, Look for entry

1 min TF:

Price makes a low
Low is Swept
MS breaks to Upside

Look for :
Entry on Breaker EQ/High
Stop below Range of Interest
Target: previous Range highs on HTF

Then,

Price comes down, Entry done
Price sweeps prior low ImageImage
Read 4 tweets
Sep 23, 2020
Stocks for 24/09/20 Intraday

Based on NR7:

#KOTAKBANK
#GLENMARK
#BIOCON
#TITAN
#ICICIPRULI

Based on NR4:

#BANDHANBNK
#HDFCBANK
#CIPLA
#GRANULES
#CADILAHC

Including NR4 too to increase my options for tomorrow
Some of you asked what I meant by "Volatility Concept"
while selecting stocks

Basically, you don't want stocks which are not moving organically, doing pump/dump, staying flat, or forming too many gaps

These were NR7 stocks which I rejected because of above reasons:
Results of the Day: 4/10 Stocks gave tradeable moves

A tricky, no easy setups day today

1/4 : #KOTAKBANK : PROFIT : +1.7R

As posted earlier:

It gave a loss of -1R, followed by another signal giving +2R
Read 6 tweets
Sep 21, 2020
A humble Thankyou to Everyone for this!

However, I believe one should know who he follows so you know what to expect

So Who Am I?

A thread:

1/n

I'm a Civil Engineer who got amazed by the markets in 2017 because of the Bull run in Cryptocurrency markets. Image
2/n

Between Dec 2017 to May 2017, I won some and lost some.
A Liquidation (funds wiped off to zero) event in May '17 made me go serious about markets.
I started studying and have been trading seriously, following Money and Risk management since then.
3/n

As a result, I didn't lose big but didn't win big either because of lack of Discipline, Patience and Trading
System.
I have read about and used a lot of Indicators but finally switched to Price Action and now I love it.
Read 5 tweets
Sep 18, 2020
One of my followers asked this Query:

A thread

1/n

Query: Hi bro. today taken this trade but SL hit. please share your view

My Response: First of all, Congratulations for trying stuff out. You will get a lot better in next 6 months. Image
2/n

I encourage everyone to practice this way by taking trades and then analysing what mistakes you did/things which could have been better

1. When you see gaps in the chart, they also act as Support/Resistance. Why? Because gaps mostly fill and then reverse (Read about Gaps) Image
3/n

Hence there was resistance around 374, so not a good place to long

2. You can long at 2 places,
a. At previous lows, where price takes Support
b. On Breakout of previous Highs with Volume and strong candles. Image
Read 5 tweets

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