Ticker Tape by TradingView

Thursday, 27 December 2018

Market Overview - 28 December 2018

Dow Jones  - Technical Bounce -Strong recovery from 21635 to 23150 - Strong Resistance now  23548, Need to sustain at current levels to prove strength, Volatility expected to continue.

NIfty Strong Support ( Today)  - 10742  ,Sustaining which could bring back the upward momemtum  - R1 - 10817, R2 10840 - Strong Bull grip above - 10888, However  - testing 10624 before any upward breakout journey is likely


Bank Nifty  - Lower High - Formation - Strong Support Area - 26660/- Closing below short term trend bearish - / Strong R1 - 27036


Pc Jewellers | Sector: Consumer Cyclicals | Industry: Apparel & Accessories

PC Jeweller Limited is a jewelry company. The Company is engaged in the business of manufacture, retail and export of jewelry. It offers a range of products including 100% hallmarked gold jewelry, certified diamond jewelry and other jewelry, including silver articles, with a focus on diamond jewelry and jewelry for weddings

Financials
Valuation
Market Capitalization 33.604B
Enterprise Value (MRQ) 27.447B
Enterprise Value/EBITDA (TTM) -29.6271
Total Shares Outstanding (MRQ) 358.2M
Number of Employees 3.071K
Number of Shareholders 69.197K
Price to Earnings Ratio (TTM) 8.3688
Price to Revenue Ratio (TTM) 0.7973
Price to Book (FY) 0.8652
Price to Sales (FY) 0.333


Buy  - 83.10 SL - 80.40 CL , target  92, 107

VGuard | Sector: Industrials | Industry: Electrical Components & Equipment
Employees: 2096
V-Guard Industries Limited (V-Guard) is an India-based company engaged in manufacturing, trading and selling of electronic products. The Company's segments include Electronics, Electrical/Electro Mechanical and Others. V-Guard's Electronics segment includes products, such as voltage stabilizers, uninterruptible power supply (UPS) and digital UPS. The Company's Electrical/Electro Mechanical segment includes products, such as PVC Cables, Pumps and Motors, Electric Water Heaters, Fans, Switchgears, Induction Cooktops and Mixer Grinder.

Financials
Valuation
Market Capitalization 99.856B
Enterprise Value (MRQ) 95.999B
Enterprise Value/EBITDA (TTM) —
Total Shares Outstanding (MRQ) 426.411M
Number of Employees 2.096K
Number of Shareholders 75.857K
Price to Earnings Ratio (TTM) —
Price to Revenue Ratio (TTM) —
Price to Book (FY) 13.2874
Price to Sales (FY) 4.14


Buy 222.10 , sl 213, target 257

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Monday, 3 December 2018

Trades - December 2018

[12/3, 7:41 AM]: *Levels to watch for - 3 December 2018*

*Amaraja Battery*

🔴 719.10
🚫 725
🎯 705.40, 699

*Ashok Leyland*

Gap between 114.15-117.10

🔴 114.60
🚫 115.60
🎯 111.50

🔵 111.10
🚫 109.80
🎯 113.20, 114.40

*Auro Pharma*

🔵 802.20, 786
🚫 780
🎯 823/7

*Exide Industries*

🔵 259.89
🚫 254
🎯 266,270





[12/3, 11:36 PM]: *Levels to watch - 4 December*

*India Cement*

🔵 96.60
🚫 95.20 CL
🎯 100.80

*Yes Bank*

🔵 173.50
🚫 171.10
🎯 182.50

Midcap - Caution. Struggling 17200 SS/ Breaking 📌 16690
🔥 14966

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Sunday, 25 November 2018

Rule Book - Tweezer Top



1) Two candle reversal pattern
2) Appears in Uptrend 
3) Two or more adjacent candles of opposite colour
4) Same high point forming the area of resistance being formed.

Psychology:
1) Though the bulls are trying to push the price higher, but are unwilling to buy above the high point. 
2) Bears action is visible, they take charge at high point and force the price down 

The Tweezer Top can be extremely helpful to traders, because it visually indicates that power is being handed from the bulls to the bears. 




Twizzer Bottom




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Tata Steel: How our traders are analyzing Chart and OI Data


[1:25 PM, 11/25/2018] Balasubramanian: As I see the chart max it will touch 550 spot in this series, so any strike beyond 540 will be worthless. 530PE has more OI. So minimum is placed at 530

[1:26 PM, 11/25/2018] Balasubramanian: Trend line support looks to be around this. But metal stocks based on yesterday's China Market fall are due for still more fall. Till expiry fresh longs can be avoided.

[3:27 PM, 11/25/2018] Amit Nale: 550 560CE have good amount of OI...Its strong resistance level ...May try to touch 550 and reverse
[3:37 PM, 

[3:37 PM, 11/25/2018] Harshawardhan: Chance of short Cover

[4:16 PM, 11/25/2018] Priyesh: Looks weak chart as there is higher volumes on sell side.
At present stock is at support levels of 530-35 so there are chances for retracement. 
So expect to bounce for 575 levels(50% fibo levels). From that levels can short the stock. If breaks the level of 530(CL Basis) we seen more sell off.
There is Good OI in PE  of 500-520 & CE 550 - 570. 
We can see the OI range of 520-570

[6:02 PM, 11/25/2018] Ruchi: Double top is there, volume is rising on every decline so chances of going down are high. Its at support. If it breaks, it can go down to 520.

Open Interest is confusing me - please help me with how to interpret Future Open interest.

Options open interest seems like CE contracts are increasing which means that sellers are expecting a fall in price and hence selling CE options.

[6:14 PM, 11/25/2018] Yogesh: Chart bearish, three black crows. 
Future OI increase with decrease in price, option heavy call writing with put spread around

[7:01 PM, 11/25/2018] Kiran: There is a clear symmetrical pattern. It is at support level and may move towards resistance level(this can be observed in increase in OI)  before it breaks either way. Usually the symmetrical pattern breaks in the direction of the trend. We should trade this pattern on confirmation(breakout).

[4:58 PM, 11/25/2018] Shailesh: Strength on -ve side is increasing...

The lower BB is also changing downwards..


[6:06 PM, 11/25/2018] Ganesh: I need to learn OI impact... However gone through global news.... 

1.Seems steel sector under very much stress globally.....
2. at the same time crude price sharp fall may encourage scope of infrastructure and realty growth in India which may be good for steel industry in our country... 
3. Being election ahead... Many more projects may get launched in coming  months which may further beneficial for Tata steel to add order book as Tata has already improved operational capacity of production. 

Looking at charts.... 531 should be good support level to make it further in uptrend.

[4:32 PM, 11/25/2018] Siddharth: The pattern is a double bottom...which is a reversal pattern.
However we need to check if the trend line acts as support or not...
So incase downward movement continues..we should not take a buy position.
However if the trend line acts as support..then we can take a buy position..
To ensure that trend line is not broken will wait for a 1% upmove..which will be 547 approx.
So will turn a buyer above 547

[4:35 PM, 11/25/2018] Siddharth EqTech-: And a seller below 530
. And I shall use Dec future for this positional trade.

[5:15 PM, 11/25/2018] Hanut: 
>Good OI at 550,60,70 CE for November expiry 
>Selling candle size and volumes suggest support might not sustain 
>November future long unwinding 
>December future fresh shorts created 
Possible conclusion: might consolidate till November expiry and fall in December
>December if 540 PE Has max OI and does not unwind in next few days and sees further addition then that will make a contradictory view.

[5:25 PM, 11/25/2018] Ajaykumar: When I am looking at chart, I can see that price has reversed multiple times from levels (4 out of 5 times).

And in case of Open Interest 
For November expiry highest OI is standing on call side: 570 CE, 560 CE & 550 CE so that will act as resistance. 
Highest OI standing on put side is 520 PE, 500 PE so that will act as support
So till November expiry stock should trade between 520 to 550 levels
While seeing Dec OI data highest OI is on 600 CE so that will allow stock to move higher.
So my take
1) Chart says price should reverse from current level
2) Nov series data range bound trade 520 to 550
3) Dec 2018 highest OI on 600 CE so stock should move up in December

[1:48 PM, 11/25/2018] Parag: As per chart - Looking trendline support is there..as per data 560 and 570 CE has maximum OI position... In downside 520 and 500 PE has little OI compare to 560/70 CE.. Now we should buy Tata Steel with SL of 525 Closing Basis and the other side we should book profit near 550/60 level.

[3:48 PM, 11/25/2018] Rahul: From charts it is noticed that stock is in downtrend.. And will continue in downtrend.. As every downside supports by high/good volume

[5:05 PM, 11/25/2018] Ashit: Range -  530 - 570

Major Option activity in 530 & 570 strike.
Close above 560 on a weekly basis can give upper side breakout.
Close below 530 can take it to 480level
Highest open position in Options in 560 call & 520 Put
Highest change in Option open position in 550 call & 560 call & December 600 call

Please note: This is for educational purpose and does not represent any recommendation of buy / sell or hold the stock. 

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Wednesday, 14 November 2018

Must Read



Trading Terminology

It is common to trade on tips. It is common to make and lose money randomly. It is common to dream to become quick rich from stock market. It is common to make in ten and go broke in one. It's common to trade emotionally. 

Let's do something unique. Let's face the reality. Without learning, no one has made big in this stock market. 

Hence, we strongly believe in learning the basics. According to us, earning from stock market is simple and easy for a man who has learned the basics thoroughly. There is no complexity / complicated theory to adopt. Just keep it simple - learn the basics.

Basics = Money Management + Risk Profiling + Trading on Method = Money Flow Inwards

TREAT TRADING AS YOUR BUSINESS TO GENERATE INCOME
NOT A RANDOMNESS ACTIVITY TO KILL YOUR BOREDOM

PATTERNS

https://www.youtube.com/watch?v=wm3oPHlNkbE&index=7&list=PLluczokYRNrRzSf6zOHzsaqrhfZF59uw3&t=0s

https://www.youtube.com/watch?v=cZz8rERuJbM&index=10&list=PLluczokYRNrRzSf6zOHzsaqrhfZF59uw3&t=0s
https://www.youtube.com/watch?v=PkUJT6Pzbm0&index=20&list=PLluczokYRNrRzSf6zOHzsaqrhfZF59uw3&t=0s

https://www.youtube.com/watch?v=zyPSY4v5JrM&index=11&list=PLluczokYRNrRzSf6zOHzsaqrhfZF59uw3&t=3s

https://tradingterminology.blogspot.com/2018/10/gaps-rule-book.html

https://www.youtube.com/watch?v=PZLT5i6JABA&index=30&list=PLluczokYRNrRzSf6zOHzsaqrhfZF59uw3&t=0s

https://tradingterminology.blogspot.com/2018/11/four-types-of-gaps.html

https://tradingterminology.blogspot.com/2017/09/basics-of-candlesticks.html

https://www.youtube.com/watch?v=0tRRhDVKpvE&index=4&list=PLluczokYRNrRzSf6zOHzsaqrhfZF59uw3&t=46s

Strategy EMA & Supertrend
https://www.youtube.com/watch?v=mk9s5UlOgDs&index=35&list=PLluczokYRNrRzSf6zOHzsaqrhfZF59uw3&t=2s

https://tradingterminology.blogspot.com/2018/11/strategy-ema-supertrend_7.html

https://tradingterminology.blogspot.com/2017/12/predict-trend-with-ichimoku-cloud-and.html

https://www.youtube.com/watch?v=j6qdruzYPvs&index=8&list=PLluczokYRNrRzSf6zOHzsaqrhfZF59uw3&t=0s

https://www.youtube.com/watch?v=RKvBE80LLJo&index=12&list=PLluczokYRNrRzSf6zOHzsaqrhfZF59uw3&t=0s

https://tradingterminology.blogspot.com/2018/10/morning-star-rule-book.html

https://www.youtube.com/watch?v=7c7CVKzwjBA&index=26&list=PLluczokYRNrRzSf6zOHzsaqrhfZF59uw3&t=13s

https://tradingterminology.blogspot.com/2018/10/how-to-read-open-interest-volume-and.html

https://www.youtube.com/watch?v=nf3LZws1EVo&index=2&list=PLluczokYRNrRzSf6zOHzsaqrhfZF59uw3&t=0s

https://www.youtube.com/watch?v=0z0VuBBXODc&index=13&list=PLluczokYRNrRzSf6zOHzsaqrhfZF59uw3&t=9s

https://www.youtube.com/watch?v=NH358wTTeEw&index=9&list=PLluczokYRNrRzSf6zOHzsaqrhfZF59uw3&t=0s

https://www.youtube.com/watch?v=X8u1_4pbR4s&index=34&list=PLluczokYRNrRzSf6zOHzsaqrhfZF59uw3&t=0s

https://www.youtube.com/watch?v=7y6D20FEbxQ&index=17&list=PLluczokYRNrRzSf6zOHzsaqrhfZF59uw3&t=17s

https://www.youtube.com/watch?v=t_k65UvpEos&index=33&list=PLluczokYRNrRzSf6zOHzsaqrhfZF59uw3&t=0s

https://www.youtube.com/watch?v=VDh5MXvcXjI&index=5&list=PLluczokYRNrRzSf6zOHzsaqrhfZF59uw3&t=11s

https://www.youtube.com/watch?v=6nI3bga1wfU&index=18&list=PLluczokYRNrRzSf6zOHzsaqrhfZF59uw3&t=162s

https://www.youtube.com/watch?v=dT8PPfwXGtU&index=32&list=PLluczokYRNrRzSf6zOHzsaqrhfZF59uw3&t=0s

https://www.youtube.com/watch?v=uuTjtEjSzmQ&index=14&list=PLluczokYRNrRzSf6zOHzsaqrhfZF59uw3&t=7s

https://www.youtube.com/watch?v=ctPjQ0Z_Sis&index=15&list=PLluczokYRNrRzSf6zOHzsaqrhfZF59uw3&t=0s

https://www.youtube.com/watch?v=PmECUHTxGE4&index=31&list=PLluczokYRNrRzSf6zOHzsaqrhfZF59uw3&t=0s

https://www.youtube.com/watch?v=gzDV3u3yK6E&index=29&list=PLluczokYRNrRzSf6zOHzsaqrhfZF59uw3&t=0s

https://www.youtube.com/watch?v=nLoZO3jGCvY&index=28&list=PLluczokYRNrRzSf6zOHzsaqrhfZF59uw3&t=0s

https://www.youtube.com/watch?v=qBY6tNeHaGI&index=16&list=PLluczokYRNrRzSf6zOHzsaqrhfZF59uw3&t=30s

https://www.youtube.com/watch?v=7ugGwTN3iqY&index=19&list=PLluczokYRNrRzSf6zOHzsaqrhfZF59uw3&t=0s

https://www.youtube.com/watch?v=n0mGio_OG4c&index=6&list=PLluczokYRNrRzSf6zOHzsaqrhfZF59uw3&t=4s

https://www.youtube.com/watch?v=ycdq5WkpxDM&index=21&list=PLluczokYRNrRzSf6zOHzsaqrhfZF59uw3&t=0s

https://tradingterminology.blogspot.com/2018/05/how-to-achieve-dispassionate-detached.html

Stop Relying on Human Beings. Start Relying on Candles, Volumes and Patterns

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Wednesday, 7 November 2018

Strategy - EMA & Supertrend

My dear friends, on the occasion of Diwali, I wish everyone a very happy and prosperous time. I hope the forthcoming year brings the tremendous happiness and incredible profits for everyone.

On this happy occasion, I would like to share my tried and tested strategy which might give you good profits.

You must have observed many times, most of the stock goes in the consolidation mode and post that give a break out or break down with good strength.  

This strategy I usually use after every quarter during result season. 

In this strategy, we have to use EMA 3,8,14 and Supertrend.

Whenever Supertrend is positive and EMA is above 3,8,14 and the price is sustaining along with good volumes after the consolidation, the breakout with good rally is usually observed.

You might have observed many times, the stock before the results gives good price action either in uptrend or downtrend. And after the results, usually it moves in opposite direction of the general prediction of uninformed traders / public. 

Try applying the strategy said above of Supertrend and EMA on hourly candle to get the better results. 

Attached is SBIN chart as an example. Study and do the backtest with this stock / any other stock to understand how the probability of success ratio of this formula is higher and give positive results.

All the best.



Why stocks fall on good results posting and rise when results are reported bad?



https://www.youtube.com/watch?v=n0mGio_OG4c&t=4s


 Tata Motors @172
Supertrend 3 days (blue) Crossed 8 (pink)  and 14 (black)  and after a week its trading today at 195


How perfect this EMA strategy in case of PCJ too -  from 50 to 100 within a week


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Monday, 5 November 2018

Four Types of Gaps

Gap occurs because of three reasons: marketwide events (political event, terrorism attacks, commodity price shocks), sector specific event (interest rate / currency change impact) and company related event (change in management / acquisition / approval of product).



Four Types of Gaps

Higher volatility in stocks bring more gaps in price action. 

Study - location, size and volumes of the gap to capture the profitable trading opportunities

Common Gap / Trading Gap / Area Gap
  • Uneventful Gap
  • Usually get filled quickly
  • Common occurrence in trading range scenario / congestion area
  • Usually low trading volume on such gaps creation
  • Not big in size
  • Scalping Trades


Breakaway Gaps
  • Breaking out from pattern / trading range / support / resistance levels
  • Such gaps occurs at the beginning of a trend
  • Higher volumes accompany such gaps
  • Takes time - may be years - to fill such gaps
  • Higher timeframes more reliable
  • Big moves expected


Runaway Gaps / Measuring Gaps / Continuation gap
  • Occurs in middle of trend
  • Interest buildup in stock because of significant news 
  • Panic based execution of trades by traders in order to avoid missing on the opportunity. 
  • According to Bulkowski, runaway gaps occurs on 43% from the beginning of the trend and in a downtrend gap occurs at 57% distance


Exhaustion Gap
  • Occurs at the end or near end of the major trend
  • Huge price difference with extreme high volumes (exchange of hands)
  • Usually represents reversals on the cards after this gap
  • Usually quick in filling the gap because of trend reversal
  • Higher chances of stock going in consolidation mode or reversal after this gap appearance


Points to remember
  • Difference between runaway gap and exhaustion gap is in volumes. Both are supported with good volumes. However, extreme high volumes activity with immediate drying of interest combined with reversal candles is associated with exhaustion gap
  • All gaps are filled. Common and Exhaustion gaps comparatively fill faster than runaway or breakaway gaps
  • Though it is believed that all gaps are filled, but the time taken cannot be explicitly defined. There is a possibility that gaps are not filled for years or sometimes partially filled for quite longer period of time. 
  • Illiquid stocks create many regular gaps by touching the circuits day after day. Avoid trading in such stocks because of lack of volumes
  • Corporate action (ex dividend / bonus) gaps does not indicate much because there is no change in demand supply ratio
  • Breakaway and measuring gaps should be traded in the direction trend of the gap

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Sunday, 4 November 2018

My Trades - November 2018


[11/6, 7:02 AM]: *Nifty* -

*Outlook* - Range Bound

*Strategy* - Buy Supports &  Sell Resistance

🔵 10460

🔵 10428

🔴 10497

🔴 10549

🔴 10655

🔴 10669

🔴 10700

🔮Nifty - Consolidation period - Should attempt trading correlations stocks - Option writing strategy should work well.
____________________________
*Stocks*

*Exide Industries* -

🔵Buy - 245/247

🔴Stoploss - 239( CL)

🎯Tgt - 254, 259, 264





___________________________

*IGL*

STRONG BUY - 268

TGT - 320

POSITIONAL


[11/7, 2:18 PM]: *Diwali Scalp Shots* 💥

🔮Tata Motors - 190.70

🔮 Voltas - 513.10

🔮 DLF - 169.20

🔮 Can bank - 237.10

🔮 Yesbank - 211.50

🔮 Relinfra -  351.20

🔮Pc Jewellers - 77.10

🔮SBIN - 281.40


All above are trigger points and can easily give you 2/ 3 points on bounce

Best wishes for Muhurat trading -

🎊🎊🎊🎊🎊🎊🎊🎊🎊

[11/9, 1:33 PM]: Indiacem


🔵Buy 98.10

🔴Stoploss - 96.80 ( cl)

Target 101, 103

[11/10, 11:26 AM]: ICICIBANK - Standing tall and positive - expected to breakout and can se single day rally

Since it's Nifty participant it's the one which can take Nifty higher -

So we expect Nifty to move higher then - it's the important ingredient

[11/10, 9:24 AM]: One more thing which one should see the open Interest -
Since most of open Interest of ICICIBANK is 360 370 380

suggestion

ICICIBANK may see spike and then cool down to add more open Interest from retail and then in turn expiry below - 360 to eat all

[11/10, 9:25 AM]: So be active in following short term moves -

Apply formula on 5 mins - 3,8,14 ema to stick to Operators move

[11/10, 11:42 AM]: 📌5 Consecutive Days - Candles hitting super trend and not able to close above -

📌Important Resistance - 10655, 69 ,700

📌Traders might turn buy side above the said points to play gap near 800

📌 Hdfc, indusind, ICICIBANK - Key ingredients to take Nifty up...Charts have consolidated well to advance new move

📌Options writing - Returns are huge - on individual stock -
Check for false premium - some scrips options are trading even 40% to Intrinsic value before results

My take -

*Nifty*



Current - 10585

⏬

🔵 10655/ 700

⏬

🔴 10460

⏬

🔵 10850


All can happen on Gap - trading - as flat opening is unsuccessful to capture momentum


Sunpharma - 591.50 buy ( Monday)


Titan - Monday 🔵Buy + 838

[7:20 AM, 11/12/2018]: Pcjeweller - 🔵Buy - 91.10/90.10 - Target - 106, 107 - 112


[8:46 AM, 11/15/2018]: Good Morning -

There have been many situations when stock have fallen - suddenly - its all happens when stocks are highly recommended on board -

Pharma stocks - has been  considered as goodest best since last once year at current rates - & performance been neutral ;

It's is always a possibility of chucking the rangers out from range feild -

Sunpharma : May not perform for going month as loads of longs recommended at higher levels - till the time longs unwind stock will take time to recover to previous levels

Suggestion

📌Stay on delivery - and wait for right time - to get the levels -

📌Future - write calls

📌 (493 -524) band



[9:13 AM, 11/16/2018]: DHFL - Moving target - 251

[1:55 PM, 11/16/2018]: Igl 

Buy - 263.50

Positional Cash Trade 

SL: 249

For target of 320

[6:30 PM, 11/16/2018]: India cement - Inverted H&S - Pattern - Can see strong move once close  above - 96.80


[8:44 AM, 11/17/2018]: Nifty - Close to Gap fill-in / Dow Jones positive close with trend intact -



[9:04 AM, 11/17/2018]: Bharti Airtel- Triple Bottom - Reversal



[9:30 AM, 11/17/2018]: Sunpharma - Stock is trying to hold trendline - Not standing the resistance point of 525/28 Band - Can break - 499 levels to make short term base of 493


[11:14 AM, 11/18/2018]: HDFC bank

📌Last four days strong upmove - Nifty mover - Range - 1910 to 2008.

📌 Nifty sustaining the gap needs participants ; One of the strong contender - 

📌1992 - 3 / Strong support zone - May reverse to carry the uptick ,breaking price band -

📌Price target hitting supertrend for consolidations - 2023/40

📌Crucial period - Elections - 5 states -Results - 11 Dec

📌Nifty near 10900 - Decisive point for further move -

📌 International markets largely range bound - 

📌Tech- Stocks may look for larger move - trending nifty 

📌Stay hedged on trade and short term targets with strong SL - works to be better strategy


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Wednesday, 31 October 2018

Morning Star - Rule Book

Rule Book: Morning Star

1) Forms in downtrend setup
2) Three Candlestick Pattern
3) First Candle is has red real body
4) Second Candle gaps down having small real body or doji (either colour)
5) Third Candle has the green real body, ideally gapping up from the second candle and close near to the high of first candle
6) Entry Level for intra day - open on fourth day should be near the closing of third day
a) 50% at the closing of the third candle
b) 50% at the 50% level of third candle with the SL of low of second candle

For delivery,
a) 50% at the 50% level of third candle with the SL of low of second candle
b) 50% at the 75% level of third candle


Examples are discussed on our Youtube Channel. Click here to view the same







[11/3, 1:13 AM] Ganesh Baser EqTech-1422: Morning Star -  Stock movued up from 235 to 260

Evening Star -  Stock moved down from 255 to 225 levels

[11/3, 1:14 AM] Ganesh Baser EqTech-1422: 12th oct morning star formed... 23rd oct evening star


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Two Years of Togetherness


About Us

Financial literacy and financial stability are two key aspects for an efficient economy. India is home to 17.5% of the world's population but nearly 76% of it's adult population doesn't understand even basic financial concepts. Realizing the need of Financial literacy, we took a challenge to strategize an action plan to share our learning and passion with like-minded people and develop the chain of knowledge givers.

Financial literacy is very vast subject and has many segments right from understanding the basics to the advanced version of money management to maximize the return on capital. As we are the team of full time professionals, the immediate landing of training support, according to us, was the arena of Technical Analysis as we study this on our day to day basis. 

To give it a shape, we started with a Whatsapp Group in the name of “Eq – Technical Analysis” on 20th November, 2016 and started with sharing our insight on Stock Market and various day to day opportunities along with an explanation on how to recognize and grab the same. We continued to explore different online platforms like Facebook & Youtube to reach the wider audience. We are recognized as “Trading Terminology” on the social media sites. 

We are proud to see ourselves in the leg of completing second year of commencement of our group and developed a 1000+ community members. We are zero funded community and we do not charge for any activities we provide in the group on day to day basis. 

Vision
  • To provide education on how learning can aid in maximizing returns from stock markets
  • To prevent retailers from the fake tips and calls givers
  • To develop a community of Traders and Investors
  • To provide support on how to analyse the day to day opportunities and execute them in our favour
  • To make you so efficient traders that one day you don’t need us 
  • Our focus is not hand holding, but bring traders to real surface and prepare them to execute trades confidently in markets without any emotions

Initiatives

In line with this belief and with our committed efforts, we crafted and launched various initiatives during the year
  • Weekly Webinars 
  • Live Sessions during market hours
  • Training Sessions (in person and online)
  • Webinar recordings upload on social media sites
  • Group reading of books 
  • Home works and competition
  • Interactive sections on weekends
  • Regular session on members queries
  • Library of hard copies
  • Competition like Identify the Patterns, Analyse the trend, invite references etc and winners were awarded a free two day session on Technical Analysis (Total 14 members)
  • Various initiatives like Terms of the day, TA vs FA conducted for the brief period to encourage participation
  • Portfolio check
  • Separate dedicated group for member’s analysis in the name of Opportunities Unlimited
  • Rule Book
Road Ahead

Looking forward, we will channelize our efforts in building a more sustainable training courses where every individual can dream of a brighter future. We aim at identify the barriers that stand in way of these dreams and work together to over come them in order to develop a profitable trader's community. We believe that the combined efforts of each individual would help boost the overall advancement.

Contribution: Time to pay back

We require your active participation in the following three areas on the occasion of completing of second year of our group
  • Donation
  • Share the details of student who is looking for financial aid
  • Responsibility of Task
  • Sharing your Experience
We must do something for the community from whose land we generate our wealth. India is the 2nd most populated country in the world. However, it still lags behind in terms of literacy rate among other countries. Education is still not accessible by the majority of our population. We believe education is the fundamental right of every student. Continuing with the same thoughts, on occasion of our second year of togetherness to learn and earn, it is a time to give back to society. 

Donation

Urjaa Foundation, a registered social charitable organization founded on 3rd July 2015, aims to bring about a positive change in society through planned activities to change the mindset of people it reaches out to. Under the “Dnyanyadna project” of Urjaa Foundation, it has been their endeavor to help needy children to complete at least their basic education. 

In collaboration with Urjaa Foundation, on completing the first year of Eq Technical Group, we managed the collection of Rs. 82,336/- + which was donated to Urjaa Foundation. Click here to read more about Urjaa Foundation

In this year, too we are confident that all the members will come forward and take part in this joint initiative. Just to give you the numbers, per student annual fees in some of the schools Urjaa Foundation is serving is Rs. 2,000/- per student.

Even if you consider donating Rs. 2,000/-, you are contributing Rs. 5.5/- per day which will change the future of the child in the unimaginable better ways. Whatever amount you will donate, Eq Group will ensure to give you the trade before end of November to recover that amount from Stock Market. Last year minimum contribution from the single member was Rs. 100 and maximum contribution was Rs. 12,000/- by the single member.

Irrespective of the amount you decide, our collective efforts will bring a positive change in the life of these student. 

It is time for us to join hands with millions of children and make them believe in their dreams. We request each and every member to participate in this collective effort on completion of our second year and come forward to donate whatever amount you can consider to help and support to create a brighter future for kids. 

Act Fast, Act now to change the future of the child. Fill in the below mentioned google form to indicate the amount you can donate. We will share the bank details and the official receipt will be provided to the donor of funds.

https://goo.gl/forms/ofQMzxRf3DwbILjD2

Share the details of students who are looking for financial aid

 If you know someone who is studying in tenth standard or below and is not able to manage the studies due to financial constraints, kindly share their details to tradingterminology@gmail.com

After the background check, we will try to check if something we can arrange for such bright student. Kindly do not share the details of the people who you don't know personally. Because in our procedure of background check, there would be certain queries which we would expect you to answer. So only the details of the people whom you know personally, are bright student and are looking to educate themselves with the promise of forwarding the help to others, proceed and share the details.

 Responsibility of Task

We have immense expertise amongst us all. We believe we all, if work selflessly - as a team and contribute in whatever expertise we have achieved - we can have the exponential growth in both money terms as well as in having time to enjoy the money earned.

Even if we have a busy schedule, if we are willing to take a 5 minutes job and consistently do it for our group on daily basis, a combined effort would have a ripple effect. For example, following our group member have been consistent in sharing

  • Kanti Gada - the Trade Setup news articles at the end of the day
  • Gajraj Mundhada – the block bulk data
  • Yeshwanth, Prashant - trade levels guidance at regular intervals during market hours.
  • Dattprasad K – shared hard copies of books for group members
  • Sanjeev - shares his own trades and boost confidence of co members
  • Suyog - Active participation in Rule Book

All the above members came forward to contribute in a way they deemed fit for our community. Even if we all take one task, any task and be consistent in providing the updates to the group members, we as a group can function more efficiently more profitably. Let's develop the culture of Team Work. Integrity. Trust. Humility. Innovation. Speed. Analytical. Group of Smart Traders who help each other to earn the money from Stock Market.

In case you wish to contribute in any area where you find yourself you can be consistent, connect to us with the brief on tradingterminology@gmail.com to get an approval. Please do not contact us on our private whatsapp chat window, because it becomes difficult to maintain the history. Sending to our email address is sufficient and we will acknowledge each one of your efforts as soon as time permits.

Share your Experience

Few words of your experience (in text or video or audio form) since you have joined the group and your expectations from us going forward. You can post this to tradingterminology@gmail.com 
We will combine everyone’s experience and post it in one post for everyone to view how group members are benefiting from our group and the areas of their feedback.

Building a brighter tomorrow. A tomorrow that brings a new day, a new hope, and the fruition of today's dreams.

Onwards and Upwards to third and many more years of Eq Family

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Thursday, 25 October 2018

Gaps - Rule Book

[10/23, 2:22 PM]: 
Screen always and always wish to give money to rule followers

Rules say :

1. Stock in downtrend
2. Open Gap down
3. It will try to fill the Gap
4. Go short on Gap filled level

HDFC Bank -

Yesterday's Closing - 1998.90
Today Open at - 1973
Gap filled at around 1 pm (1998.90)
High - 1998.90
Now stock is at 1983

Screen badi dayawaan hai
Banana chahti aapko danwaan hai
Suno karo jo woh kehti hai
Dekho kaisey phir aapki pocket yuh khilti hai

[10/24, 12:38 PM]: Yesterday, the rule of gap was discussed with an example of HDFC Bank -

Today, again the same rule worked -

HDFC Bank -

Yesterday's Closing - 1985
Today Open at - 2004
Gap filled at around 10:30 am (1985)
Low - 1982.20
Now stock is at 1997

You need screen to make you rich. Follow it.

Members Contribution

[3:51 PM, 10/25/2018] Gap means
Venkataraman B: A Gap represents the area where no trades takes place. Price charts offen shows Gaps. Generally this occors on between close of the market on day and the next day open.  Gap may be upwards or downwards movement

[3:37 PM, 10/25/2018] Gap means
Chandrashekar: A “GAP” is empty space between one price bar and the next. Gaps occur when price significantly changes from CLOSE of one price bar to the next, with no trading place in the empty space between bars. Gaps occur unexpectedly, that’s why there will not be any trading between the two candles. Generally Gaps will occur when market opens in the morning. It will be like gap up or gap down.

[10:56 AM, 10/25/2018]: Rule Worked
Rahul Sharma: Today hdfc bank followed the same. Opened gap down and filled the gap till yesterday's closing and shorted there now again towards days low .
Exited gain 10 points easily GAP RULE

[11:27 AM, 10/25/2018] Rule Worked
Dheeraj Magdum: Same trade. Sunpharma closed gap. Shorted at 71 booked profit at 62.5


[10/25, 9:36 PM]

Parag Soni: Sun Pharma last closed 570.70
Open 565 then fill gap at 570.
Made high of 572. But if we notice there is a reversal candle at 15 min time frame. So shorting with day's high

For Target we use ATR
Daily ATR of Sun Pharma (21)

Now look at today's action

OPEN 565
THEN 572 (565-572=-8)
NoW ATR (21-8=13) FOR DOWN SIDE

LOOK AT LOW (565-13=552)

[1:55 PM, 10/25/2018] Rule Worked
Aditya Jha: Indusind bank today on 5 min chart first it tried to fill the gap of yesterday then it recovered and filled todays gap down opening....am i correct mam



[3:09 PM, 10/25/2018]: Indusind gone


[3:49 PM, 10/25/2018] Twist in the Rule
Swapnil Wadkar: Daily initiative : Today's Term "GAP" : Subtype "Novice GAP" :- Novice gap is a gap which occur when a stock/scrip is in trend {up or down} and open with a gap on the side of trend {Gap up for Uptrend Stock and Gap down for down trend stock} In the above chart, the stock had 2 support level which were below the yesterday's  closing price... Today it opened on the 2 nd support zone.. which made the above support zone to turn to resistance and hence the prices start to fall from that resistance level.    

%Learning%: In such case we should plan a 50-50 approach on trading., Mean we should take a 50% position at the resistance level and another 50%when the gap is filled generating a limited risk but more profit.


[11:30 AM, 10/25/2018]: How our group member saved from losses because of Gap Rule
NF me Galti se Gap theory opposite laga di. Jab tak yaad aaya, loss me tha.. booked immediately and saved money. Only 1k loss. Nahi to 5 6k ho jata..🙈



[10/26, 4:01 PM]: Rule Book - *Gap* -

What we learned?

Stock in downtrend, if there is a gap (gap down opening) - it will try to fill the gap and start moving downwards and vice versa

Now, many of the rules conflict with each other. For example,

1) Stock in downtrend
2) Opened gap down at support levels and price continue to fall
3) After a while tried filling the gap (Our thought process currently is it will continue downtrend)
4) However, in reality price is increasing
5) Such candle can be named as Hammer, Piercing line, Bullish Engulfing, etc
6) Stoploss come handy in such cases

This is the reason we keep hearing there is no surity but a probability in stock markets. The one who become 100% sure or believes he is always 100% right, is the one who will stop progressing further.

Bottom line is if you find 70% of the times rules are working, you should be pleased. It probably means you’ve sharpened your technique and there is a room to grow. If you find 100% of them working 100% of times, you should worry. It probably means your technique is muddled.

Spend your weekend to read more and more articles on gaps and share with us the best study material you find on theory gaps.

[10/31, 2:23 PM] Suyog Shanbhag:



[11/1, 9:43 AM] Swapnil Wadkar EqTech-1259: Gap filled short as rule says


[10/31, 7:54 PM] Ganesh Baser EqTech-1422: Bharat forge filling gap to 602…?
[10/31, 7:57 PM] Ganesh Baser EqTech-1422: Seems Morning star formation too


[11/2, 9:46 AM] Ganesh Baser EqTech-1422: Gap filled

[1
[11/3, 12:48 AM] Ganesh Baser EqTech-1422: Tata Motors have the gap between 206.3 to 208.50



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