@Accuracy_Invst Nice catch, now in last 2 days weak hands are out and today a strong bullish rally attempt day..do you consider this as start of 10-15 days bull swing?
@PradeepBonde How about using Rvol indicator in first 1 hour of market open to guess the day end volume? Does it help or just unnecessary noise? Thanks
@VVVStockAnalyst You have posted on market conditions a week back and to trade carefully/wait and watch..but twitter is full of posts on normalising this condition as a shakeout after lockout rally..there are many posts capturing every breakout..retailers are getting biased by such posts..
@iDavinderK Yes for mid and small cap index it is still strong and valid, but nifty doesn’t seem strong as of now..I am mostly long side trader and hopefully we will bounce back strong with a sustained rally..thanks for the reply
@wealth_verse Pivots,cpr may be working, not questioning that, but claiming it has 70% accuracy is misleading..world’s best traders Qullamaggie, Minervini have 35-40% accuracy, most of the usic trading champions have accuracy under 50%..thier edge is R multiple not accuracy
@pheonix_trader I also feel a laptop and mobile phone are enough to trade, there is a lot if buzz in twitter on 3,4 big screens, external keyboard, specific mouse and what not..keeping it simple is best approach..
@VVVStockAnalyst Post yesterday’s price action, today was no trade day,but today 4%+ BO breadth is best in last 1M..good close in cempro, datapatterns, belrise, grwrtech, paras, sasken and may more leaders (no recommendation)..considering this will you trade tomorrow if there is follow through?
@TraderHarneet As a momentum trader, would remove from watchlist which lacks urgency in such a strong rally of small/mid cap stocks like cempro, hfcl, mtar, stltech, sasken, sbcl, tatatech, arvind and many more..just my view, no recommendation