Share for wider reach, so that people don't spend on costly softwares like Falcon/Spider 🙏
1️⃣ TERMINAL LOOK
This is how the terminal looks like when you open it. You might be confused but we're here to help you out.
2️⃣ DEVICE WATCHLISTS
The terminal has 3 underlying watchlists.
(FnO/Nifty50)
Rest you can add as per your wish
3️⃣ PREDEFINED WATCHLISTS
Here we can find each and every sector watchlists. When you click on them you'll get the stocks that are in that particular sector.
Can be helpful for sectoral Analysis.
4️⃣ RESEARCH RECCOMENDADTION
Here @EdelweissFin provides stocks and good scripts for trading and investment.
Before we move forward, kindly like and retweet if you find our content is adding something to your knowledge.
We have described how interesting Fibonacci numbers and ratios are and how it's been formed in PART 1 of this series. In PART 2, Lets see how we take trade based on fibo.
🎯How to draw Fibonacci levels?
Drawing Fibonacci retracemnts are fairly simple. The main point we look into is, If the direction of retracment is up or down side.
✅ If the trend is up, choose lower point and a higher point. Connect lower point with higher point using Fibo tool.
Before we move forward, kindly like and retweet if you find our content is adding something to your knowledge.
🎯Journey of fibonacci traces back to ancient Indian mathematics. However, Leonardo Pisano Bogollo, an Italian mathematician is considered as father of fibonacci numbers.
🎯Fibonacci numbers are sequences of numbers starting from zero arranged so that the value of next number is the sum of the previous two numbers. Sequence starts with 0,1 always.
Sample of Fibonacci sequence is as below:
0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233......
A Master thread on @Singh7575 Sir's Long Only Setups with examples on Charts!
This setup is a gift to anyone who trades long ideas and those who want to trade in CASH due to Capital Constraint. Fits best for people who don't do FNO as this picks some amazing scripts.
1⃣ Before heading on to the set-up we want to make sure the entire system credit goes to @Singh7575 . We are just here to share it and make people aware of such simple set-ups that can give money considering risk is managed.
2⃣How to Set it Up?
This setup best fits in @tradingview /@zerodhaonline or any broker that provides charting. We only need 2 Indicators.
Indicator 1- 13EMA
Indicator 2 - 34EMA
Both indicators are compulsory and should be exponential(EMA) instead of Simple moving average.(SMA)
1⃣ Breakout with no retest
2⃣ Breakout with a re-test
3⃣ Breakout with a hard re-test
4⃣ Failed breakout.
We Will Explain it one by one with examples. Kindly Retweet it if you find it useful. #Nifty
1⃣ Breakout With No Retest.
In this type of breakout, your stop loss becomes the lower boundary and your target is the depth of the boundary (712-614) = 98 points. Thus target becomes 712 + 98 = 810. Which gets achieved!
2⃣ Breakout With A Re-test.
In this type of Breakout we see the stock retesting its breakout and beginning it's upward journey again. We base target in this on the height of the triangle added or subtracted from the breakout price.
Sl near highest tested support on 1 Hour TF.