| 31 | 📈 Discretionary Trader
📊 NISM Certified
🍿📖Movies & Books Explorer
✈️ Wannabe Traveller
| Views are personal |
2 added to My Authors
May 3 • 18 tweets • 6 min read
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)
Feb 27 • 21 tweets • 7 min read
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)
Dec 26, 2021 • 10 tweets • 3 min read
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)
Nov 2, 2021 • 9 tweets • 2 min read
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.
Thread on how to filter stocks for Intraday!
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
Oct 25, 2021 • 15 tweets • 6 min read
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)
Oct 11, 2021 • 12 tweets • 5 min read
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)
Sep 12, 2021 • 12 tweets • 4 min read
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)
Aug 31, 2021 • 7 tweets • 1 min read
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)
Aug 15, 2021 • 12 tweets • 7 min read
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)