- It gives traders an overview of the stock's trading activity for the day
- It's a line that starts new on every trading day
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๐ How to calculate VWAP
VWAPย = ฮฃ (Price * Volume) รท ฮฃ (Volume)
Apr 2, 2023 โข 15 tweets โข 6 min read
๐ Let's start the new financial year by analysing major sectoral indices
โก๏ธ In this small thread, we will see how major indices are placed on the chart.
Let's start with NIFTY,
1โฃ NIFTY : 17360
- The benchmark index delivered ~150% from COVID lows (7511-18604)
- Then it corrected ~18% (18604-15183) and went on to make a new All-Time High (18888), ~24%
- A small correction of ~10% took place last year
- The index found the support near the swing Low
Dec 15, 2022 โข 8 tweets โข 3 min read
Mark Minervini's rules๐งต
๐๏ธThe renowned Trend Template that Mark Minervini uses states that a stock should fulfil 8 requirements in order to be classified as being in a Stage 2 uptrend