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Apr 15, 2022 โ€ข 13 tweets โ€ข 6 min read โ€ข Read on X
How to Enter Intraday Long Trade - A Thread๐Ÿงต

Explained 10 Entry points worth trying for Intraday

Kindly Re-Tweet ๐Ÿ” for Maximum Reach ๐Ÿ™

#intraday #trading
1) First Big candle is Trend Setter -

- A big green candle probably sets a bullish trend for day

- Short Term trend must be in mind to take trade, if a stock is in uptrend, further a big green candle give clear confirmation for entry.

Keep SL below Low of Candle
2) Breaking Day High is another good point to enter a long trade.

Again keep the short term trend and day's trend in mind. Go with the trend/ flow.

As explained in Point 1 - Breaking day high is possible in first 3-5 candles also and that's very rewarding
3) Bounce from VWAP in direction OF TREND

As explained in chart, any bounce from VWAP in direction of day's trend is a good entry.

Take it. Keep SL below low of that downside or below VWAP.
4) Breakout after Consolidation

- After 8-10 low range candles if you see a big green candle, its good to take entry for long trade.

Keep SL below that big candle.
5) Breaking a down trend resistance/consolidation of intraday

As explained in chart, after pump chart enters a consolidation phase and breakout of that consolidation is a good entry point for long trades.
6) Rejection from Low, Dragon Fly Doji Candle

Rejecting the down trend, formation of dragon fly doji or Hammer candle is always a good entry point for long trades. Keep SL below low of candle
7) EMA Confluence

As explained in chart EMA confluence is always a good point to enter a long trade. R:R is very high at this point.

Trade with trend for better chances.
8) Equal size or bigger green candle after red for reversal trade

If you see green candle equal or bigger in size than last red candle ( bullish engulfing ) that is a good point to enter the long trade.
9) 20 EMA Bounce -

On a trendy day stocks keep bouncing from 10-20 EMA

On a big pump day (10-12%) stocks respect even 10 ema and on normal pumps (3-5% ) it respects 20 ema.

Bounce from EMA is always a good entry with SL below low of that consolidation phase.
10) Entry in trendy stock with R:R

This is the simplest entry anyone can take.

Just enter a trending stock with 0.5% SL and move the SL to cost once it moves up 0.5%
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P/E Ratio = Price per Share / Earnings per Share (EPS)
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Look at the PE of Different Sectors for Example in India

Stock PE < Ind PE = Undervalued

But you need to study and find the reason why its PE < Ind PE

Read on how to findImage
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Question of Most traders :

Where to find Breakouts ?

Here are the 10 Screeners I watch for such Stocks

Retweet - Very useful๐Ÿ’ฏ
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How to Create Screeners ๐Ÿงต๐Ÿงต

1) Golden Cross
2) Bounced from 200 EMA
3) EMA Confluence
4) Higher High
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Explained in this thread

Kindly Retweet Like ๐Ÿ™ twitter.com/i/web/status/1โ€ฆ
First of All click Create Scan on Chart Ink and start by clicking that + sign

First Basic Screener ( Technical ) -

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Only one Condition -

Latest close ( EMA 50 ) Crosses above EMA 100 Image
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Condition -

Latest Low is < 200 EMA
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Means it went below 200 EMA but closed above that Image
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10 Financial Terms Every Investor Must Know

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8) PE
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Please Re-Tweet like for Max Reach twitter.com/i/web/status/1โ€ฆ
1) Earnings before Interest Tax Depreciation & Amortization (EBITDA) margin -

It shows how efficiently an organization is operating.

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EBITDA = Operating Income (EBIT) + Depreciation + Amortization

EBDITA Margin of 10% and more is considered good.
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PAT Margin = [PAT/Total Revenues]

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