ANUP engg: A combination of all:
1. Spin-off and new listing.
2. Initial 1st base formation
3. Darvas box formation
4. Wedging up handle.
5. Vols reducing on weekly
6. BDS new high/divergence. Image
it shows the strength of the stock to nifty. so if a stock is stronger than the index, this line wud go up. if the index is weak and the stock stable then also it wud go up. other cases also valid. so when there are opposite moves btwn the stock move and relative strength line,
we call it divergence. Now, BDS: Big daddy scan gives u point where the stock shows strength. Consider it +ve factor.
BDS: RSL new highs. Image

• • •

Missing some Tweet in this thread? You can try to force a refresh

Keep Current with Sparrow 🇮🇳

Sparrow 🇮🇳 Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!


Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @OWSM_trader

19 Dec 20
Tweetstorm: Weekend Learning

Having a growth mindset.

Covid-19: people went broke-people also saved much
spending would be unleashed
supercycle coming
Innovation cycle of digital revolution
U r the architect of ur own life
TML: True Market Leader
How many TML's are extended?
Concern: short term excesses
long term: super-cycle
Economic boom-secular supercycle-FED-people wanna spend.
Short term super volatile pullback~f(rapid ascend)
Currently, there is institutional adaption is high in Bitcoin
Never violate the trend.
Be very cautious about people who become ur mentor.
position sizing
shortening losses
sector allocation
keep these as ur guard rail.

Crypto Update: Etherium might jump back.
Read 12 tweets
19 Dec 20
Tweetstorm: Weekend learning

Make trading strategies ur own.

We r in the interpretation business rather than a prediction business.
Rule: not to sell based on fear of losing profits.
Look for psychological indicators, put-call ratio etc.
Its just competition vs ourselves.
Your eyes wud b walking through the patterns after ur big practice for time.
Know the character of the stock.
No matter how great the fundamentals if the stock if its not forming setups it just doesn't matter. If u wanna look for character, look at the left.
Up on vols
Ipo scan
Industry group

RS line: New highs before price
Buy stocks early nd pyramid final position at traditional breakout.
Have a tight and logical stops.
Read 4 tweets
19 Dec 20
Tweetstorm: Weekend learning

How to protect profits by being a risk first trader ?

Look at the watchlist candidates and analyse how many are above 50dma.

Progressive exposure: u scale up when markets and stocks r doing right.
When things get wedged up, u get few flushes.
U have to learn everything to be able to do by urself.
Importance of mistakes and learning from them.
People have bad habits. They want to be how great traders are but, don't do they don wht they do. Remove bad habits.
Building the case apart from technicals helps build the full picture: conviction.
Read all signals, signs and the chart.
Its just a big game and u ride on the shoulders of the big funds.
Read 9 tweets
19 Dec 20
Tweetstorm: weekend learning

The art of managing winning stocks

Have plan to reduce on weakness
Best companies wan to up.
Best stocks can't avoid indexes
Market always fool u
Focus on wht u own and wht u wish to own.
Don't try to read too much into markets.
As vaccine goes out, more traditional companies getting into limelight.

Great trades don't require predictions.
U just have to see it and take action.

-->>Have a consistent routine:
-> weekend study
-> all fishing on weekends
-> u have full weekly bar
-> Sunday afternoon
U r always 4 days away from a potential rally(FTD).
Keep urself on the toes and keep training.
Once u catch a big name one time, u get hooked. U want to do that again.
Read 10 tweets
20 Nov 20
Repeating the same mistake is self sabotage.

By monitoring ur mistakes & continuing to work on urself u can minimise their impacts.

Key to generate above avg profits.
Your reality is shaped by your beliefs.
U don't trade the markets, u trade ur beliefs about the market.
Read 42 tweets
18 Nov 20
Market Snapshot: 18.11.2020

4WDDC: 0
5WDDC: 0 Image
Chart: Image
Internal meters: Image
Read 4 tweets

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/month or $30/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!

Follow Us on Twitter!