![learntotrade365's tweet photo. STOP searching for tools to identify Nifty Direction.
Are you a Intraday Nifty Trader ? then kindly spend next 5 minutes to read this tweet fully.
FREE Resource🔥🔥 to identify Whether Nifty will move Up or Down during live market.
Click on "Show more" and read fully
Like & Retweet is appreciated
1] Do you know Nifty Distribution percentage ?
More than 40% of Nifty price movement is mainly depend on 6 heavy weight stocks,
Reliance - 10.3%
HDFC Bank - 9.3%
ICICI Bank - 8%
HDFC - 6.3%
INFY - 5.6%
TCS - 4.1%
( Percentage might slight vary depend on the recent changes )
You would have read this or watched some videos many times about the percentage . But i will share you a systematic technique to use these percentage with multi-confirmation from candlestick charts & VWAP.
VWAP is commonly used indicator by most traders for trade entry .
Now i will use VWAP slight differently along with the above percentage of stocks to identify INTRADAY TREND & DIRECTION.
1] Now check the [ Chart - 1 ] which has simple VWAP plotted on 6 Heavy Weight stocks to understand Nifty direction.
I follow a simple rule in a Ratio Format
[ 4:2 , 5:1 , 6:0 for Bullishness ]
- 4:2 means 4 heavy weight stocks out of 6 is above VWAP - Nifty is Mild Bullish
- 5:1 means 5 heavy weight stocks out of 6 is above VWAP - Nifty is Bullish .
- 6:0 means 6 heavy weight stocks out of 6 is above VWAP - Nifty is Super Bullish.
Just Reverse for bearishness
[ 2:4 , 1:5 , 0:6 for Bearishness ]
- 2:4 means 2 heavy weight stocks out of 6 is above VWAP - Nifty looks Mild Bearish.
- 1:5 means 1 heavy weight stocks out of 6 is above VWAP - Nifty looks Bearish .
- 0:6 means 0 heavy weight stocks out of 6 is above VWAP - Nifty looks Super Bearish.
In both the Bullish & Bearish if 3:3 ratio comes 3 stocks above VWAP & 3 below VWAP - Sideways.
----------------------------------------
2] After checking [ Chart 1 ] and above Ratio format let's move on to Chart -2.
Heavy weight stocks in Chart - 1 on the same day's price reaction of Nifty using simple approach - Price trading around and above VWAP. I better focus to plan more bullish trades when most of the heavy weight stocks are also above VWAP.
The main aim is to find & trade in the correct direction - Most traders face a problem of getting trapped in the wrong direction. [ Even i have got trapped many a times nothing wrong in accepting the truth ]
3] Refer Chart 3 & 4
Always Nifty will not give one sided moves or staying above/below VWAP. Here an interesting example were few stocks trading above VWAP & few below VWAP - Information is confused - Chart is warning to wait and trade as a Directional trader [ Lack of direction just relax]
The second most problem faced by traders[ even i have faced many a times ] they start over-think during sideways market in hope of catching the next directional move. [ From my experience most of the time charts will give some hint about next direction during sideways price action - we have to be smart in reading the charts correctly ]
I will try to share separately on the ways to trade sideways market after few days - Keep supporting me.
LEARN - UPGRADE - EARN
If you find this tweet useful kindly share with traders by LIKE & RETWEET this tweet.
Follow me @learntotrade365 to get more trading content & strategies.
Also to get Live Market updates of Banknifty/Nifty levels during live market by joining the free telegram channel -https://t.co/qtrc4OEFev
I have shared my observation .Use it for educational & knowledge purpose only.](https://pbs.twimg.com/media/FwQGN3KaMAAldhu.jpg)
![learntotrade365's tweet photo. STOP searching for tools to identify Nifty Direction.
Are you a Intraday Nifty Trader ? then kindly spend next 5 minutes to read this tweet fully.
FREE Resource🔥🔥 to identify Whether Nifty will move Up or Down during live market.
Click on "Show more" and read fully
Like & Retweet is appreciated
1] Do you know Nifty Distribution percentage ?
More than 40% of Nifty price movement is mainly depend on 6 heavy weight stocks,
Reliance - 10.3%
HDFC Bank - 9.3%
ICICI Bank - 8%
HDFC - 6.3%
INFY - 5.6%
TCS - 4.1%
( Percentage might slight vary depend on the recent changes )
You would have read this or watched some videos many times about the percentage . But i will share you a systematic technique to use these percentage with multi-confirmation from candlestick charts & VWAP.
VWAP is commonly used indicator by most traders for trade entry .
Now i will use VWAP slight differently along with the above percentage of stocks to identify INTRADAY TREND & DIRECTION.
1] Now check the [ Chart - 1 ] which has simple VWAP plotted on 6 Heavy Weight stocks to understand Nifty direction.
I follow a simple rule in a Ratio Format
[ 4:2 , 5:1 , 6:0 for Bullishness ]
- 4:2 means 4 heavy weight stocks out of 6 is above VWAP - Nifty is Mild Bullish
- 5:1 means 5 heavy weight stocks out of 6 is above VWAP - Nifty is Bullish .
- 6:0 means 6 heavy weight stocks out of 6 is above VWAP - Nifty is Super Bullish.
Just Reverse for bearishness
[ 2:4 , 1:5 , 0:6 for Bearishness ]
- 2:4 means 2 heavy weight stocks out of 6 is above VWAP - Nifty looks Mild Bearish.
- 1:5 means 1 heavy weight stocks out of 6 is above VWAP - Nifty looks Bearish .
- 0:6 means 0 heavy weight stocks out of 6 is above VWAP - Nifty looks Super Bearish.
In both the Bullish & Bearish if 3:3 ratio comes 3 stocks above VWAP & 3 below VWAP - Sideways.
----------------------------------------
2] After checking [ Chart 1 ] and above Ratio format let's move on to Chart -2.
Heavy weight stocks in Chart - 1 on the same day's price reaction of Nifty using simple approach - Price trading around and above VWAP. I better focus to plan more bullish trades when most of the heavy weight stocks are also above VWAP.
The main aim is to find & trade in the correct direction - Most traders face a problem of getting trapped in the wrong direction. [ Even i have got trapped many a times nothing wrong in accepting the truth ]
3] Refer Chart 3 & 4
Always Nifty will not give one sided moves or staying above/below VWAP. Here an interesting example were few stocks trading above VWAP & few below VWAP - Information is confused - Chart is warning to wait and trade as a Directional trader [ Lack of direction just relax]
The second most problem faced by traders[ even i have faced many a times ] they start over-think during sideways market in hope of catching the next directional move. [ From my experience most of the time charts will give some hint about next direction during sideways price action - we have to be smart in reading the charts correctly ]
I will try to share separately on the ways to trade sideways market after few days - Keep supporting me.
LEARN - UPGRADE - EARN
If you find this tweet useful kindly share with traders by LIKE & RETWEET this tweet.
Follow me @learntotrade365 to get more trading content & strategies.
Also to get Live Market updates of Banknifty/Nifty levels during live market by joining the free telegram channel -https://t.co/qtrc4OEFev
I have shared my observation .Use it for educational & knowledge purpose only.](https://pbs.twimg.com/media/FwQGMkhaUAA0V9J.jpg)
![learntotrade365's tweet photo. STOP searching for tools to identify Nifty Direction.
Are you a Intraday Nifty Trader ? then kindly spend next 5 minutes to read this tweet fully.
FREE Resource🔥🔥 to identify Whether Nifty will move Up or Down during live market.
Click on "Show more" and read fully
Like & Retweet is appreciated
1] Do you know Nifty Distribution percentage ?
More than 40% of Nifty price movement is mainly depend on 6 heavy weight stocks,
Reliance - 10.3%
HDFC Bank - 9.3%
ICICI Bank - 8%
HDFC - 6.3%
INFY - 5.6%
TCS - 4.1%
( Percentage might slight vary depend on the recent changes )
You would have read this or watched some videos many times about the percentage . But i will share you a systematic technique to use these percentage with multi-confirmation from candlestick charts & VWAP.
VWAP is commonly used indicator by most traders for trade entry .
Now i will use VWAP slight differently along with the above percentage of stocks to identify INTRADAY TREND & DIRECTION.
1] Now check the [ Chart - 1 ] which has simple VWAP plotted on 6 Heavy Weight stocks to understand Nifty direction.
I follow a simple rule in a Ratio Format
[ 4:2 , 5:1 , 6:0 for Bullishness ]
- 4:2 means 4 heavy weight stocks out of 6 is above VWAP - Nifty is Mild Bullish
- 5:1 means 5 heavy weight stocks out of 6 is above VWAP - Nifty is Bullish .
- 6:0 means 6 heavy weight stocks out of 6 is above VWAP - Nifty is Super Bullish.
Just Reverse for bearishness
[ 2:4 , 1:5 , 0:6 for Bearishness ]
- 2:4 means 2 heavy weight stocks out of 6 is above VWAP - Nifty looks Mild Bearish.
- 1:5 means 1 heavy weight stocks out of 6 is above VWAP - Nifty looks Bearish .
- 0:6 means 0 heavy weight stocks out of 6 is above VWAP - Nifty looks Super Bearish.
In both the Bullish & Bearish if 3:3 ratio comes 3 stocks above VWAP & 3 below VWAP - Sideways.
----------------------------------------
2] After checking [ Chart 1 ] and above Ratio format let's move on to Chart -2.
Heavy weight stocks in Chart - 1 on the same day's price reaction of Nifty using simple approach - Price trading around and above VWAP. I better focus to plan more bullish trades when most of the heavy weight stocks are also above VWAP.
The main aim is to find & trade in the correct direction - Most traders face a problem of getting trapped in the wrong direction. [ Even i have got trapped many a times nothing wrong in accepting the truth ]
3] Refer Chart 3 & 4
Always Nifty will not give one sided moves or staying above/below VWAP. Here an interesting example were few stocks trading above VWAP & few below VWAP - Information is confused - Chart is warning to wait and trade as a Directional trader [ Lack of direction just relax]
The second most problem faced by traders[ even i have faced many a times ] they start over-think during sideways market in hope of catching the next directional move. [ From my experience most of the time charts will give some hint about next direction during sideways price action - we have to be smart in reading the charts correctly ]
I will try to share separately on the ways to trade sideways market after few days - Keep supporting me.
LEARN - UPGRADE - EARN
If you find this tweet useful kindly share with traders by LIKE & RETWEET this tweet.
Follow me @learntotrade365 to get more trading content & strategies.
Also to get Live Market updates of Banknifty/Nifty levels during live market by joining the free telegram channel -https://t.co/qtrc4OEFev
I have shared my observation .Use it for educational & knowledge purpose only.](https://pbs.twimg.com/media/FwQGKwWakAIeHP4.jpg)
Olivia
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@SauravS446 13 july?
@StraddleOption sir, what does this mean that puts are not decaying? is there selling pressure?
I have made a pdf which clearly defines rules on how one should trade
“LEO”-My custom based indicator and all the rules. This is the guide which I’m following personally . If you need this for FREE kindly DM me after liking this post & Retweet for better reach. #TradingView
STOP searching for tools to identify Nifty Direction.
Are you a Intraday Nifty Trader ? then kindly spend next 5 minutes to read this tweet fully.
FREE Resource🔥🔥 to identify Whether Nifty will move Up or Down during live market.
Click on "Show more" and read fully
Like & Retweet is appreciated
1] Do you know Nifty Distribution percentage ?
More than 40% of Nifty price movement is mainly depend on 6 heavy weight stocks,
Reliance - 10.3%
HDFC Bank - 9.3%
ICICI Bank - 8%
HDFC - 6.3%
INFY - 5.6%
TCS - 4.1%
( Percentage might slight vary depend on the recent changes )
You would have read this or watched some videos many times about the percentage . But i will share you a systematic technique to use these percentage with multi-confirmation from candlestick charts & VWAP.
VWAP is commonly used indicator by most traders for trade entry .
Now i will use VWAP slight differently along with the above percentage of stocks to identify INTRADAY TREND & DIRECTION.
1] Now check the [ Chart - 1 ] which has simple VWAP plotted on 6 Heavy Weight stocks to understand Nifty direction.
I follow a simple rule in a Ratio Format
[ 4:2 , 5:1 , 6:0 for Bullishness ]
- 4:2 means 4 heavy weight stocks out of 6 is above VWAP - Nifty is Mild Bullish
- 5:1 means 5 heavy weight stocks out of 6 is above VWAP - Nifty is Bullish .
- 6:0 means 6 heavy weight stocks out of 6 is above VWAP - Nifty is Super Bullish.
Just Reverse for bearishness
[ 2:4 , 1:5 , 0:6 for Bearishness ]
- 2:4 means 2 heavy weight stocks out of 6 is above VWAP - Nifty looks Mild Bearish.
- 1:5 means 1 heavy weight stocks out of 6 is above VWAP - Nifty looks Bearish .
- 0:6 means 0 heavy weight stocks out of 6 is above VWAP - Nifty looks Super Bearish.
In both the Bullish & Bearish if 3:3 ratio comes 3 stocks above VWAP & 3 below VWAP - Sideways.
----------------------------------------
2] After checking [ Chart 1 ] and above Ratio format let's move on to Chart -2.
Heavy weight stocks in Chart - 1 on the same day's price reaction of Nifty using simple approach - Price trading around and above VWAP. I better focus to plan more bullish trades when most of the heavy weight stocks are also above VWAP.
The main aim is to find & trade in the correct direction - Most traders face a problem of getting trapped in the wrong direction. [ Even i have got trapped many a times nothing wrong in accepting the truth ]
3] Refer Chart 3 & 4
Always Nifty will not give one sided moves or staying above/below VWAP. Here an interesting example were few stocks trading above VWAP & few below VWAP - Information is confused - Chart is warning to wait and trade as a Directional trader [ Lack of direction just relax]
The second most problem faced by traders[ even i have faced many a times ] they start over-think during sideways market in hope of catching the next directional move. [ From my experience most of the time charts will give some hint about next direction during sideways price action - we have to be smart in reading the charts correctly ]
I will try to share separately on the ways to trade sideways market after few days - Keep supporting me.
LEARN - UPGRADE - EARN
If you find this tweet useful kindly share with traders by LIKE & RETWEET this tweet.
Follow me @learntotrade365 to get more trading content & strategies.
Also to get Live Market updates of Banknifty/Nifty levels during live market by joining the free telegram channel -https://t.co/qtrc4OEFev
I have shared my observation .Use it for educational & knowledge purpose only.
![learntotrade365's tweet photo. STOP searching for tools to identify Nifty Direction.
Are you a Intraday Nifty Trader ? then kindly spend next 5 minutes to read this tweet fully.
FREE Resource🔥🔥 to identify Whether Nifty will move Up or Down during live market.
Click on "Show more" and read fully
Like & Retweet is appreciated
1] Do you know Nifty Distribution percentage ?
More than 40% of Nifty price movement is mainly depend on 6 heavy weight stocks,
Reliance - 10.3%
HDFC Bank - 9.3%
ICICI Bank - 8%
HDFC - 6.3%
INFY - 5.6%
TCS - 4.1%
( Percentage might slight vary depend on the recent changes )
You would have read this or watched some videos many times about the percentage . But i will share you a systematic technique to use these percentage with multi-confirmation from candlestick charts & VWAP.
VWAP is commonly used indicator by most traders for trade entry .
Now i will use VWAP slight differently along with the above percentage of stocks to identify INTRADAY TREND & DIRECTION.
1] Now check the [ Chart - 1 ] which has simple VWAP plotted on 6 Heavy Weight stocks to understand Nifty direction.
I follow a simple rule in a Ratio Format
[ 4:2 , 5:1 , 6:0 for Bullishness ]
- 4:2 means 4 heavy weight stocks out of 6 is above VWAP - Nifty is Mild Bullish
- 5:1 means 5 heavy weight stocks out of 6 is above VWAP - Nifty is Bullish .
- 6:0 means 6 heavy weight stocks out of 6 is above VWAP - Nifty is Super Bullish.
Just Reverse for bearishness
[ 2:4 , 1:5 , 0:6 for Bearishness ]
- 2:4 means 2 heavy weight stocks out of 6 is above VWAP - Nifty looks Mild Bearish.
- 1:5 means 1 heavy weight stocks out of 6 is above VWAP - Nifty looks Bearish .
- 0:6 means 0 heavy weight stocks out of 6 is above VWAP - Nifty looks Super Bearish.
In both the Bullish & Bearish if 3:3 ratio comes 3 stocks above VWAP & 3 below VWAP - Sideways.
----------------------------------------
2] After checking [ Chart 1 ] and above Ratio format let's move on to Chart -2.
Heavy weight stocks in Chart - 1 on the same day's price reaction of Nifty using simple approach - Price trading around and above VWAP. I better focus to plan more bullish trades when most of the heavy weight stocks are also above VWAP.
The main aim is to find & trade in the correct direction - Most traders face a problem of getting trapped in the wrong direction. [ Even i have got trapped many a times nothing wrong in accepting the truth ]
3] Refer Chart 3 & 4
Always Nifty will not give one sided moves or staying above/below VWAP. Here an interesting example were few stocks trading above VWAP & few below VWAP - Information is confused - Chart is warning to wait and trade as a Directional trader [ Lack of direction just relax]
The second most problem faced by traders[ even i have faced many a times ] they start over-think during sideways market in hope of catching the next directional move. [ From my experience most of the time charts will give some hint about next direction during sideways price action - we have to be smart in reading the charts correctly ]
I will try to share separately on the ways to trade sideways market after few days - Keep supporting me.
LEARN - UPGRADE - EARN
If you find this tweet useful kindly share with traders by LIKE & RETWEET this tweet.
Follow me @learntotrade365 to get more trading content & strategies.
Also to get Live Market updates of Banknifty/Nifty levels during live market by joining the free telegram channel -https://t.co/qtrc4OEFev
I have shared my observation .Use it for educational & knowledge purpose only.](https://pbs.twimg.com/media/FwQGO5JakAInG4b.jpg)
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