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#trading #NiftyBank #nifty50 #weekendlearning #Trade_With_Data
We all know that to track move in the F&O Stocks, Open Interest (OI) and Market Wise Position Limit (MWPL) data provides a lot of clues in terms of likely future direction based on the price action.
#Nifty #banknifty #trading #weekendlearning #Trade_With_Data
One of the most important market metric that I track is Market Breadth. It refers to how many stocks are participating in each up-move or down-move in an Index/Sector over a period of time.
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While there are lots of trading indicators that are covered by experts, one of the ‘less discussed’ key indicators that I use for my stock selection/prioritization is the quality of daily / weekly Candle Closure.
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