As Promised here are rules:
1. Daily Volume > daily SMA ( daily Volume , 9 )
2. Daily Volume > 100000
3. Daily Low > 1 day ago Low
4. Daily Close > 1 day ago Close
5. Daily Close > Daily Open
6. Daily Rsi ( 14 ) > 2 days ago Rsi ( 14 )
You will get consolidated list of bullish momentum stock.
How to trade :
1.Enter the trade on closing on above candle next day or after 3.15 PM.
2. Stoploss : will be close of previous day red candle.
Practice it and you don't need to look for 1000o of scanner. This could be great system for swing trader.
Let me know your feedback. If you like it, pls retweet.
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Suppose that once a week, ten men go out for beer and the bill for all ten comes to £100.
If they paid their bill the way we pay our taxes, it would go something like this:
The first four men (the poorest) would pay nothing.
The fifth would pay £1.
The sixth would pay £3.
The seventh would pay £7.
The eighth would pay £12.
The ninth would pay £18.
And the tenth man (the richest) would pay £59.
So, that’s what they decided to do.
The ten men drank in the bar every week and seemed quite happy with the arrangement until, one day, the owner caused them a little problem.
“Since you are all such good customers,” he said, “I’m going to reduce the cost of your weekly beer by £20.”
Drinks for the ten men would now cost just £80.
The group still wanted to pay their bill the way we pay our taxes.
So the first four men were unaffected.
They would still drink for free but what about the other six men?
The paying customers? How could they divide the £20 windfall so that everyone would get his fair share?
They realized that £20 divided by six is £3.33, but if they subtracted that from everybody’s share then not only would the first four men still be drinking for free but the fifth and sixth man would each end up being paid to drink his beer.
So, the bar owner suggested that it would be fairer to reduce each man’s bill by a higher percentage.
They decided to follow the principle of the tax system they had been using and he proceeded to work out the amounts he suggested that each should now pay.
And so, the fifth man, like the first four, now paid nothing (a 100% saving).
The sixth man now paid £2 instead of £3 (a 33% saving).
The seventh man now paid £5 instead of £7 (a 28% saving).
The eighth man now paid £9 instead of £12 (a 25% saving).
The ninth man now paid £14 instead of £18 (a 22% saving).
And the tenth man now paid £49 instead of £59 (a 16% saving).
Each of the last six was better off than before with the first four continuing to drink for free.
But, once outside the bar, the men began to compare their savings. “I only got £1 out of the £20 saving,” declared the sixth man. He pointed to the tenth man, “but he got £10!“
“Yeah, that’s right,” exclaimed the fifth man. “I only saved a £1 too. It’s unfair that he got ten times more benefit than me!”
“That’s true!” shouted the seventh man. “Why should he get £10 back, when I only got £2? The wealthy get all the breaks!”
“Wait a minute,” yelled the first four men in unison, “we didn’t get anything at all. This new tax system exploits the poor!”
The nine men surrounded the tenth and beat him up.
The next week the tenth man didn’t show up for drinks, so the nine sat down and had their beers without him.
But when it came time to pay the bill, they discovered something important – they didn’t have enough money between all of them to pay for even half of the bill!
And that’s how it works.
Tax them too much, attack them for being wealthy and they just might not show up anymore. In fact, they might start drinking overseas, where the atmosphere is somewhat friendlier.
For those who understand, no explanation is needed.
For those who do not understand, no explanation is possible.
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10 Important Personal Finance Rules!💰
Spend a few minutes reading some extremely useful and important personal finance rules.⬇️
Bookmark It!🎯💯
1. Rule of 72 (Double Your Money)
2. Rule of 114 (Triple)
3. Rule of 144 (Quadruple)
4. Rule of 70 (Inflation)
5. 50-30-20 Rule
6. 3X Emergency Rule
7. 40℅ EMI Rule
8. Life Insurance Rule
9. Rule of 10
10. The 4% Rule
1. Rule of 72:
No. of yrs required to double your money at a given rate, U just divide 72 by interest rate
Eg, if U want to know how long it will take to double your money at 8% interest, divide 72 by 8 and get 9 yrs
At 6% rate, it will take 12 yrs
At 9% rate, it will take 8 yrs
2.Rule of 114:
No. of years required to triple your money at a given rate, U just divide 114 by interest rate.
For example, if you want to know how long it will take to triple your money at 12% interest, divide 114 by 12 and get 9.5 years
At 6% interest rate, it will take 19yrs
3.Rule of 144:
No. of years required to, quadruple your money at a given rate, U just divide 144 by interest rate.
(For eg, if you want to know how long it will take to quadruple your money at 12% interest, divide 144 by 12 and get 12 yrs
At a 6% interest rate, it will take 24yrs
4. Rule of 70:
Divide 70 by the current inflation rate to know how fast the value of your investment will get reduced to half its present value.
The inflation rate of 7% will reduce the value of your money to half in 10 years.
5. 50-30-20 Rule:Allocation
Divide your income into
50℅ - Needs - Groceries, rent, EMI
30℅ - Wants - Entertainment, vacations, etc
20℅ - Savings - Equity, MFs, Debt, FD, etc
At least try to save 20℅ of your income.
You can definitely save more
6. 3X Emergency Rule:
Always put at least 3 times your monthly income in Emergency funds for emergencies such as loss of employment, medical emergency, etc.
You can have around 6 X Monthly Income to be on a safer side
7. 40℅ EMI Rule:
Never go beyond 40℅ of your income into EMIs.
Say you earn, 50,000 per month. So you should not have EMIs of more than 20,000.
This Rule is generally used by Finance companies to provide loans. You can use it to manage your finances.
8. Life Insurance Rule:
Always have Sum Assured as 20 times of your Annual Income
9. Rule of 10
For big discretionary purchases, reflect on how it will make you feel in 10 days, 10 weeks and 10 years. Perspective can calm buying urges for purchases you later regret.
10. The 4% Rule
The 4% rule is a common rule used in retirement planning to help you avoid running out of money. It states that you can (without any hassle) withdraw 4% of your savings in your first year of retirement and alter that amount for inflation for every subsequent year without risking running out of money for the next, at least 30 years.
For example- Your annual expense is 500,000, then the corpus required to retire is 1.25 cr. If we put 50% into fixed income & 50% into equity and withdraw 4% every year, it would be Rs.5 lakh. This rule works for 96% of the time in a 30 year period.
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Credit- @MarketScientist , I have added last 2 more basic finance rule which one should be aware of.😀
I appreciate your patience in studying the lengthy yet essential message.😃🙏
Do Retweet for larger reach so that others also can also benefit.🙏
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My nephew is learning from me. He comes to the office twice a week, and I have given him this template to follow and told him to act like a robot without using his brain beyond a point
Let us see how it goes. I will give him a small capital account to trade and will track his progress.
@csbirju Currently 2-4 lakh nu fund arrange thai sake paytm ma mtf ma help karo hu tmne mara earning ma partnership api dais bhai just make me profitable please 🥺 😭
Essential Technical Indicators Every Trader Should Master
Bollinger Bands – Measures market volatility and potential price breakouts.
MACD – Identifies buy/sell signals through moving average crossovers.
RSI – Flags overbought (above 70) or oversold (below 30) conditions.
200 EMA – Defines the long-term trend direction.
50 EMA – Commonly used as a dynamic stop loss level.
9 EMA – Tracks short-term price momentum.
21 EMA – Helps pinpoint precise entry and exit points.