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"How to Determine Market Trend Using CPR"
Read the writeup & most importantly understand the chart with comments
It solves the problem which traders face "what's the trend?"
If someone liked it, may send a box of chocolates, I won't mind 🍫 😄
Sarah retweeted
Left home at 6.50 AM and still stuck within Thane. Every we lose precious hours in traffic, affecting productivity, health.
Request the authorities to urgently improve traffic mgmt
#ThaneTraffic #GhodbunderRoad #Thane #MumbaiTraffic
Being a mentor and make someone a successful trader is a lot one can do.
But, what's inspiring is, this effort went cross community, I have seen people turning their back just listening to name of others. ✌
Many aspire and attempt to get into IITs, IIMs, CA or IAS - but we all know that only 2-3% get it
The analogy fits good with F&O traders
Premium things require premium skills
If you can't do it, doesn't mean others also can't
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Entered STEL from today's list below, locked in at upper circuit with a gain of 11.72%
Added Meghmani yesterday, close to 11% gain
Today's tracking list is bit long, some of these will extend to next week
Coming/next weekend will try to do a write up on how I am managing stocks in portfolio - it's a 3 part simple strategy, but involves some homework everyday
If you are looking for momemtum based stocks to benefit from swift price movement, your best bet is on stocks trading at ATH
"Fresh Breakout + ATH" combo, it's the best
Should avoid stocks which have already rallied enough unlesss they are quality stocks
ATH + Fresh Breakout = Momentum
Some quick scanner work, let's see which one flies
IEX and FIEM were day before yesterday pick
Added Airtel yesterday (I walk the talk)
Some people who watched others tweeting "no trading today" took it seriously and didn't trade
And those who tweeted "no trading day" came out with P&L screenshot at day end 😄
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There has been a discussion among fintwits that NF RSI is above 80 & a possible correction might be on the way
But, how does one come to know that probably correction has started?
See my last tweet on CPR, the chart speaks it all
It's just that the question has been reframed
Post market hour, Twitter got filled with screenshot and a lot of "gyan"
Meanwhile, some who believed sharing PNL screenshot is unethical, broke their vow today
Since stocks were trending, advisory walo ne bhi apni dukaan khol k jam k marketing shuru Kar di
#TrendingDay
Not long ago, a guy on Twitter posted charts,tagged me & some other traders in his tweets
Just saw that he has started a mentorship program and a telegram channel too
Ab kya hi bolu main 🤐
Summary of CPR concepts I have outlined till date
1- CPR Reversal/Rejection (Don't play in on narrow CPR days)
2- Narrow/Wide CPR - Volatile/Range Bound
3- Inside Value CPR - Breakout
4- Stair Pattern for trend continuation
5 - CPR based trend shift
Pic Credit - Frank Ochoa
US has made Taliban even more stronger with USD 85 Bn millitary assets, can Taliban bring in the manpower to fly a black hawk?
Possible, if they can take control of a country, would not be too challenging to bring in a handful of expertise.
Tragic, but true.
This will stop you in your tracks. Unbelievable. We gave them the names of those we trained to fight them. And some we will leave behind to the violence we see at the airport.
An appalling day, verging from rage to tears. teapawt.net/maj_retd_fox/status/14…
A trader who has 100k followers & claims to be a quant, sells some webinar for 65k, gives a presentation in public which is copy-paste from a blog
I mean, what good is 15 years of experience, if you can't even create content from that experience? 🤔
As a multibagger, my bet is on Morepen Lab.
Would appreciate if someone who is strong with fundamentals can advice on Morepen.
And which one is your bet for a potential multibagger?
Determining the trend we understood, but is there a way to determine the intensity of trend using CPR?
How we can know that the trend will continue or is it nearing an end?
Part -2 will answer these questions, will release it over the weekend.
I hope this would have made some sense today
NF & BN closed below today's CPR & next week Monday's CPR as well, and also both closed near to their day's low
Bearish sentiment is intact as of now, also Monday is narrow CPR due to range bound movement today


















