I have been using this relatively new feature of @tradingview for some time now and it has shortened up my time taken to scan the entire NSE universe of almost 2300 stocks like anything. I can look upto 4 charts in one single frame now and scroll it fast
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Heated market breadth so not opening any fresh positions instead will focus on managing #MOIL#HPL#NOVAAGRI
MOIL already risk free after yesterday's move, rest two holding with original SL. Total open risk is 0.5% of my capital
#StockMarketIndia#StockMarket#Trading
#NOVAAGRI new #StocksToBuy
-Earlier in June moved 53% in a week with high volumes
-Halted after that move and last 3 days made narrow range candles
-10EMA closed in
Entered today at the opening when price crossed Open=High of 14 June with SL day low, risking 0.25% of my account
I have entered risking only 0.2% of my portfolio as Market Breadth is already heated and I don't want to give back any gains if overall market stalls or pulls back in some time
#StockMarketIndia#StockMarket#Trading#BreakoutStocks
#HPL was my new #StocksToBuy and I added it at 455 with day low SL when it crossed yesterday's inside bar high
-Strong sector
-Trading at its All-Time Highs
-Halted for a week and today bounced from 10EMA and broke out of the trendline
-10 day Pocket Pivot Vol day
#StockMarket
#MOIL new #StockToBuy
-After breaking out of 3-month base it moved ~60% in a month
-Today breaking out of small base after 4 halt candles
-10&21EMA supporting
-ADR%>7% (The greater this value, the greater it moves on an average each day)
Entered with SL 479 risking 0.5% capital
New #StockToBuy#VIJAYA
-Strong sector (Healthcare)
-Closed strong yesterday reacting from 10&21EMA and AVWAP anchored from the previous breakout candle
Today retested the breakout zone so entered risking 0.5% of my capital. It means if my SL hits I'll lose 0.5% of my capital
@FranVezz As @Qullamaggie says to target stocks which have ADR% higher than 5-6% but $NVDA is 3.32%, wouldn't this fact deter you from entering into this?
@dayendtrader@Qullamaggie The same issue I have when I'm watching or reading anything from traders who trade US market.
What percentage would you say then we should look for in Indian markets?
@dayendtrader Sir I was watching a @Qullamaggie stream today in which he mentions the importance of high ADR% (he filters above 4% but he suggests to use more than 5-6% for smaller accounts) so that he can enter in a quick mover rather than a slow mover. Ur thoughts on this for Indian market?
Only thing if at all you should be looking for buying in these scenarios is #ETF.
I have these in my watchlist for longterm. I didn't get into them today as I expect more volatility in next week or two. I'd get in when I see volatility receding and a bit of stability creeping in
Remember, capital saved is also capital earned. If you can get hold of your emotions on these event days and get out unhurt, you're already ahead of the herd who got butchered bad. Markets are here to stay. There's no compulsion to make money when the odds are not in our favour✌️
This is how the major indices of Indian Stock Market reacted to #LokSabhaElections. Rather than losing any money on such a bloodbath day, I rather booked some small gains in morning and closed out my #EXIDEIND trade and sat completely out enjoying the whole drama from sidelines
#BANKNIFTY touched its 200EMA and closed the closest to 200EMA of all major indices. Later in the day it managed to close a little above at 46,928 (-7.95%) moving a whopping total of 4589 points
Let's take a look at how the major indices of Indian #StockMarket closed on the #ElectionResults day
Starting with #CNX500, it moved a total of 2129.1 points today, that is a 9.79% move. Later EOD it recovered ~700 points to close at 20,323 (-6.76%)