1. Daily charts. 2. Hourly / 60 min charts. 3. 15 min charts.
1. Daily - Looks like we are at a support in Bank Nifty but the attempt to go up was very weak. Expecting Bank Nifty to go up from here just as a pullback.
Structure:
If it goes sideways and then makes a HH and HL formation and tries to go up we will play bullish, I will update that in case it happens.
Pattern:
We have also formed an inside candle in daily charts. We can align our trades towards wherever the break happens.
• How to find targets and exit criteria?
• Shanon's Demon (Investing)
• Tradingview scanner- Intraday/BTST
• 90-degree angle inflection point for profit-booking
• Importance of Leverage
Other cool tweets as well.
🧵Shannon's Demon - an investing "thought exercise"
This account writes the best threads, if you like the threads I make, you will surely love this account. Must follow.
✨Here are my top 20 best tweets of the week: 23rd Oct ✨
🧵on
• Uses of RSI
• Rakesh Jhunjhunwala
• Volume Analysis
• Cash Investing Strategy
• How should new entrants learn quickly?
• How to use Nifty to beat its own returns?
• Compilations of many threads
🧵Superb Thread on RSI
1. Uses of RSI. 2. Investment strategy based on RSI.