Priyanvada's chit chat home ...

priyanvada

Well-Known Member
whenever there is a formation for entry just report right here
.
ok.
what do you mean by this.?
Live or EOD?
I am talking live chart formations ...

Just few examples given below ...

1. Slider when a 10 min candle touches two or more consucative times the lower BB boundry==>Good short entry formation!

2.Bearish Engulf: - : - As in the figure below==>Good intraday short entry formation!

3.Bullish Engulf : - As in the figure below==>Good intraday long entry formation!

4.downtrend: - 10 min RED candles flowing very close to the Lower BB boundry==>Good intraday short entry formation!
 

priyanvada

Well-Known Member
5.BB pierce on lower boundry side: - As in the figure below==>Good intraday long entry formation!

6.BB upper Boundry pierceAs in the figure below==>Good intraday short entry formation!


7. BB band compression before price Explosion!

8. Prolonged Stay in Stoch Overbought or Oversold Zone!
 

priyanvada

Well-Known Member
Just imagine only 5 of us trading like this ... and everyone is given 10 Nifty stocks which He/She must keep under a close microscope and report here in this thread if there is any well defined formation taking place! ...

The reporter and everyone else in the group can check the formation for his/her satisfaction and decide whether to jump in or not?!!

The biggest advantage I see is Everone is having advantage of 10 eyes screening stock charts ... Ekata Ki Shakti!!! ...

So my point here is...


All of us might score huge thus in intraday play,than we can score with individual effort!
 

priyanvada

Well-Known Member
how much time it took, for you, to identify & post the charts.?
:) :D

Valid point!:thumb:

But see When I start from Nifty stock no. 1 and go screening the list manually to nifty stock No. 50 ,...

1. It does takes considerable time!, with huge chances of missing and overlooking formations ...
2. Today it really made me mad :mad: just in 4 -5 cycles while going from Nifty Stock No. 1 to Nifty Stock No. 50!

So What say ......
 

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