[Link]
v=8I2Crt1H-dg&list=PL9myHLrE5hrOT8O9g-f8kb575b-KTsq0B&index=2
Most Convincing Win/Lose, Next Best Convincing, Neutral, Kind of Neutral, Just saved 10% before
elimination
[Link]
b575b-KTsq0B&index=3
Buy Above VWAP (Volume Weighted Avg price) … can be applied on a 1mt, 5mt, 15mt time frame chart etc
Width of candle = Volume
Usually mark .. An end to a Trending Move
Blue=Pivot Line , Green=R1&R2
When price is under downward pressure, it hovers around PIVOT LINE (Blue) and also
R1 but rarely does it gets to R2, before finally breaking down as shown
Buy at Arrow 1 below rather than Upper Arrow- Actually at the onset of 2 nd
Green candle above VWAP
For Short trade – right at 1st down candle
High Volume Note & Low Volume Note (HVN&LVN)
All the down candles around VWAP were
wider than Up Candles
BIG BIG….Supply/Red/Breakdown candle takes the price down as there was no more buyers
When our VWAP is crossing MVWAP (i.e., Moving Avg VWAP of 50Days) it’s a BUY and when it goes below MVWAP it’s a Sell
10mt timeframe for BUY/Long Trade and 5 mt time frame for Sell/Short trade.
Blue= 50day Exponential Moving Avg MVWAP & Red=VWAP
HIGH of Breakdown Candle is NOT CROSSED
Block deal happened around 11.48 when 3 spikes in Volumes happen underneat. Put stoploss at high / low
of the 3 average candles in 15mts interval when buying or selling through VWAP
Put MACD with VWAP for Buying/Selling…Blue Line (MACD12,26) & Red is Signal Line
2 Bullish Engulfing more bigger
nd
Buyers in control in both
Sekkers have dominated in Gravestone and brought the price back to LOWEST Level, in Dragon Fly Buyers have dominated and
brought the price back UP. Neutral&Long Legged are Indecisive Candles
Red, Doji and Green, so Change in TREND
Reversal in trend, doJi in between. BUT However, Closing price of 2 nd green candle has to be higher than the closing price of
the Doji candle for confirmation of reversal in trend
Reversal prominent after an UPTREND MOVE
Buyers have totally destroyed the sellers
DOJI…[Link]
BULLISH & then BEARISH Marubozu
For a DAY trader, use 20 Day EMA
ICICIBank-Strong Sell …
MACD below Signal and
MACD(12, 26, 9) -15.6
Center
MACD is below its Signal
MACD Signal -13.1 and Center Line, this is a
strong bearish indicator.
Very Very STRONG SELL
MFI=70.7, may pull back
Mfi=80, may pull back
BEARISH ENGULFING
MFI=94.1, may pullback
Doji, reversal of downtrend,MACD below Signalabove, Bullish Harami Candlestick, MFI&RSI=Oversold, May rebound suggesting that a bearish trend
may be coming to end. Some investors may look at a bullish harami as a good sign that they should enter a long position on an asset.
Morning /Evening Star…Most Reliable when
after an uptrend or downtrend
Bullish/Bearish Engulfing
Bullish Piercing …most reliable
Trade above Cloud,
It’s a Sell
Inverse Head& Shoulder Pattern for a DownTrend to reverse
Head & Shoulders to reverse an Uptrend
1
Strong BUY
Type…VIKRAM P ([Link])
TYPE what is CPR BY VIKRAM [Link] on google
As long as price is trading above CPR it’s a bullish trend & when below CPR it’s a Bearish trend, price always
reacts around CPR normally . DO NOT Long/Short the trade before it crosses the CPR either side
7 golden rules for Day Trade
Take TOP3 in each sector, ignore below
Rs.300 CMP
Take Top3 in each sector, ignore below Rs.300 CMP
Select HIGH PROBABLE STOCKS
As of April’2020
Key CPR Sensors –daily R1R2S1S2
Take 75% levels between two resistances or support
once broken by a big Baahubali Candle
Dow Theory … market going UP intra-day
on a 5Mt chart ….
Higher Lows everytime…Dow theory
Go LONG (Buy) only when R1& Previous Day High (PDH) is BROKEN
Go SHORT (Sell) only when S1 & Previous Day Low (PDL) is BROKEN
Tata Steel..breaking out from
ASYMMETRICAL TRIANGLE
Watch Both Nifty&Bank Nifty…shud hv same structures (Bullish/Bearish)…Left is NIFTY (Bearish) while Bank Nifty is still within CPR
that is why that Baahubali Green candle breaking out of CPR upwards failed and trend reversed to follow that in NIFTY
Breakout after consolidation CAN HAPPEN
either side
Don’t go long after Parabolic breakout …
without consolidation
Don’t chase parabolic breakouts
Previous day HIGH (PDH) is broken but then things reversed.. Again, avoid parabolic breakout
But encircled area below is a Consolidation of cadles on a 5mt timeframe, this was a good breakout level on the green
Baahubali candle
Candle must Close above PDH or any other Resistance (Not just wicks)came after consolidation as in rectangle
Axis Bank shall fall, tgt=350
Reliance on an NR7 & NR4 as well
Always use 1Y & 5Mt frame to analyse Intra-Day likely trend probability….Lock price to bar ratio
on right click right to scale for free scroll
Switch OFF auto ..(Black) for scroll
RELIANCE ….HAS TO CROSS 1478 &1498 TO
RISE UP, OTHERWISE FREE FALL TO 1340
Finding good STOP LESS
Green Candle faced SELLERS and then candle shortened, wick appeared
If the WICK is 3times larger than the body, it means a very huge huge strong price rejection
So, place your SL just above the WICK after the price reversal Green Candle and SHORT
In the Price rejection Zone, ready your SHORT
If Wick above Green is ABSENT or negligibly Small, it means you take profit taking, and short
Price trying 2nd time to re-travel to the higher Price zone
Look at the bigger WICK , the better, for deciding profit taking on SHORT
Say, a Momth end
F&0
Here if mkt starts increasing from 11500, you buy future
anywhere between 11500 and 11660
If Call was bought ITM at 11400 with a premium of 120, the strike price of
11550 call and 11600 call would fetch a higher premium
ITM vs OTM
For 11500=nifty, say11300=deep ITM,
ITM=11400 for call options, say Deep
OTM=11800
Eg. If nifty inc by 20points, ATM Put decreases by 10points and ATM Call inc by 10 points
Eg. If nifty inc by 20points, ITM Put decreases by 20points and ITM Call inc by 20 points