While trading in stocks, how do you survive in a choppy market and make profits? Here's how I do it 🧵

Choppy markets are difficult to trade. When there's an uptrend like it was in mid-2020 and 2021, it's easy to find out stocks in different ways. (1/18) And when it is in a clear downtrend, we can simply avoid trading in cash scrips and can take the benefit of selling in F&O.
We don't know for how long the market will be choppy - could be a few days, 2 months, 6 months or a year. (2/18)

If you're a swing/positional/trend follower, then this thread is for you. In this one, I will be covering how to filter stocks, how to take entry and the exit plans. 🧵 (1/21) It's practically impossible to check all charts. However, you can use multiple scanners as per your setups to make things easy.
In trending market, even junk stocks give a good move. But in sideways and falling markets, you have to be very selective. (2/21)

Time to talk market stuff!

It's common knowledge that there are two categories in Stocks/Indices - Outperformers and Underperformers. Outperformers/Leaders always help the Index/Sectorial Index move higher. (1/10) Underperformers start moving when the Index gives breakout from their major resistance and sometimes they don't even perform.

Now let's say if you're in a bull rally, you need to focus on outperformers. Like in last rally, it was IT sector that outperformed every sector (2/10)

Hi..! If you are new to my profile, here are some threads that I have written earlier. I have put in my perspective and knowledge in them and I am told by a few people that it's been helpful to them. Do go through them if you like.

Thanks! Thread on how to filter stocks for Intraday!

https://twitter.com/RijhwaniSheetal/status/1426888730996924417?t=pLcuMsyvUccIb8-wvR98Kg&s=19

Companies that posted good results (28 & 29 Oct):

1. APL Apollo tubes
2. Transport corporation
3. Intellect design
4. GSFC
5. DLF
6. M&M finance
7. Vguard
8. JSL Hisar
9. GHCL
10. Blue Star
11. ION exchange
12. APCOTEX
13. Emami Paper
14. Aavas finances
15. Hester bio
16. CCL 17. Westlife
18. Motilal Oswal
19. Ganesha ecosphere
20. AU small finance
21. Jsw holdings
22. HMVL
23. GMM pfoudler
24. Schaeffler
25. BLS international
26. Sail
27. Cholamandalam
28. Jindal worldwide
29. Oberoi realty
30. Blue dart
31. Kp energy
32. Lyka lab
33. VBL
34. BCL Ind

How to find out the expected targets and what should be the exit criteria when you enter a trade - 🧵

Possible ways to find out the target:

Check if any patterns forming - it gets quite easy to figure out the targets that way. (1/15) Let's say cup and handle. Our first target in this case will be the height of the handle and final target will be height of the whole cup. It's the same with H&S. First target will be the height of the shoulder and final will be the height of the head. (2/15)

I have earlier shared some setups/strategies for Intraday. One of them was ORB (opening range breakout) setup.. but I still get DM about this. So here's a thread about how to find ORB stocks: (1/12) Stocks that are in consolidation or on the verge of a breakout and has already given a breakout from consolidation - both category stocks should be in your watchlist.

Now the question is.. with so many stocks around, how one must filter and check? (2/12)

A few setups/strategies that can make your intraday trading easy. I follow them personally:

Add these stocks in your watchlist for next few days -

-If a stock closed exactly at resistance with good volumes or it has been consolidating near resistance for a long time. (1/10) In other words.. if a stock is on the verge of a breakout..

- If any stock gave a breakout and then a good closing.

You can find out these stocks through top gainers/losers in live market but it's good if have the watchlist ready. (2/10)

Thread about pullback trades:

There are always some challenges when you take a pullback trade.. like lack of momentum and facing many residences midway. In such a situation, you can choose a stock with strong Index/sector or the one that has given breakout. (1/6) HUL, Britannia and TCS are recent examples.

TCS post results dropped over 10% and has been underperforming in the whole IT sector. However, IT sector was performing well post breakout. It was best time to look for a pullback trade in TCS. (2/6)

How you can filter stocks for Intraday trades - 🧵

As a kid, we would do homework before school the next day - you have to do homework here too. A specific sector performs on a particular day and studying things a day before will help you spot that particular sector. (1/11) To prepare for the next trading day, you got to check the Index charts of all sectors. You got to keep an eye on a specific Index if you see a few factors:

- If any Index closed exactly at the resistance, you can get a trade on either side on the next day. (2/11)