Profitable Trading with Renko Charts | Noiseless Charting

Profitable Trading with Renko Charts | Noiseless Charting | Basics of Renko

Рет қаралды 25,385

Күн бұрын

In today's episode, Apurva Sheth interacts with Mr. Prashant Shah about Renko charts.
Renko charts are based on bricks with a fixed value that filters out smaller price movements. It is named after the Japanese word for bricks, "renga," since the chart looks like a series of bricks.
We start the episode by explaining the meaning of the Renko charts. In this episode, he has explained about
• Renko construction
• Brick value
• Basic swing breakout pattern
• How to read Renkocharts in simple formation
He recommends using daily charts for positional trading and minute chart for intraday trading. You can take trading decisions quickly by using a daily time frame as you won’t have to wait for week or month end.
We are certain that this episode will open the doors to a completely new and unique trading method.
Please watch the episode and share your thoughts in the comments below the video.
Watch the second episode: • Profitable Trading wit...
Timeline:
00:00 Introduction
01:40 Mr. Prashant's Journey
09:15 Renko charts
16:31 Chart presentation
23:23 Brick Value
26:40 Methods of Brick Value
44:36 Highlights of the episode
_________________________________________________________________________
Open a Free Demat Account
www.samco.in/register?...
-------------------------------------------------------------------------------------------------------------------------
About Prashant Shah
Prashant Shah is one of the few professionals in this industry who has won several coveted awards. He has rich experience of more than 17 years in the stock market. He is the Co-Founder and CEO of Definedge. He was awarded the Chartered Market Technician (CMT®) and Certified Financial Technician (CFTe) by the CMT Association and the International Federation of Technical Analysts (IFTA) respectively. He is a Member of the Society of Technical Analysts, London. He is the author of four popular books on trading and investment. Prashant joined the stock market in January 2005. During his years of working with financial organizations, he had exposure to business, research, institutions, HNIs, retail traders, investors, fin-tech companies, brokers, and other various types of market participants that helped him to know all sides of the business of trading.
About The Right Choices with Oracles of Dalal Street :
The Right Choices with Oracles of Dalal Street is hosted by Apurva Sheth. He is the Head of Market Perspectives & Research at Samco. He has more than 11 years of experience in financial markets. Our show focuses on curating actionable and insightful strategies from real-world stock market heroes. Our guests have been successful in markets and are willing to share their insights with you.
Tune in to The Right Choices with Oracles of Dalal Street every Saturday at 11 am on our KZfaq channel.
For more updates on the stock market and mutual funds do consider subscribing to our
KZfaq channel by clicking here - / @samcosecuritiesindia
You can also follow us on:
Facebook - / samcoindia
Instagram - / samco_india
LinkedIn - / samco-securities-limited
Twitter - / samco_india
Private Telegram Group - t.me/tradeflixbysamco
#therightchoiceswithoraclesofdalalstreet #samcosecurities #prashantshah #renkocharts #renkochart #renko

Пікірлер: 55

@SAMCOSecuritiesIndia Жыл бұрын

Dear viewers, Thank you for watching the episode. Watch the second episode:- kzfaq.info/get/bejne/n5pdntipuZO9dpc.html Please subscribe to our youtube channel for more such interesting videos: www.youtube.com/@SAMCOSecuritiesIndia

@amazinglybeautifullife Жыл бұрын

Hatts off to Prashant...what a clarity of this complex subject he has..salute to you guys for this shared knowledge...very few can understand this complex subject and less few can explain this.

@SAMCOSecuritiesIndia Жыл бұрын

Thank you for your kind words and feedback!

@sanjubhau5748 Жыл бұрын

Apurva one very important suggestion. When you record the video please adjust your voice according to the pitch of your guest voice. Lots of time guest voice is low so we increase our volume but as you start speaking then again the volume has to be reduced. Keep up the good work. Happy New Year

@SAMCOSecuritiesIndia Жыл бұрын

Your feedback has been noted.

@sujitgaikwad7065 Жыл бұрын

Replace your earphones bro.

@devarasiddappadevarajaiah5813 Жыл бұрын

Thank you so much... Very well explained

@SAMCOSecuritiesIndia Жыл бұрын

Hi, thank you for your comment, we are glad that you liked the video. Keep Watching:)

@tonmoybhagawati8338 Жыл бұрын

very informative session with simple explanation. I have been trading in the US market for 5 years, but almost always prefer to look at videos by Indian traders. always better explanations. Thank you.

@SAMCOSecuritiesIndia Жыл бұрын

Glad it was helpful!

@samhall2050 7 ай бұрын

Hello, thank you for your time making this and mastering this technique. I am very interested in Renko and I was wondering if this lecture can be viewed in english somehow ? thx. I am most interested in the Block size calculation bc I want to compare my method to an expert.

@subhashpatel93 Жыл бұрын

Thank u and very useful explanation on renko chart and hoping for further explanation on renko chart

@SAMCOSecuritiesIndia Жыл бұрын

Hey Subhash! We're so happy to hear that you found the explanation useful! Thanks for taking the time to leave a comment. Keep on watching!

@ketanj4600 Жыл бұрын

Very nicely explain

@SAMCOSecuritiesIndia Жыл бұрын

Hi Ketan, thank you for your kind words and for taking the time to watch our video.

@karamjitjangra9916 Жыл бұрын

Nice learning

@SAMCOSecuritiesIndia Жыл бұрын

Thank you for appreciating.

@ThePrakash1968 Жыл бұрын

excelent open heart superrrrrrrrrrr.....

@SAMCOSecuritiesIndia Жыл бұрын

Hi L.Prakesh Lakkapamu, Thank you for appreciating.

@upenk4769 Жыл бұрын

Thanks for this vdo

@SAMCOSecuritiesIndia Жыл бұрын

Thank you for your feedback.

@SAMCOSecuritiesIndia Жыл бұрын

Hi Upen, thank you for your comment. Keep Watching :)

@lltcmonirhussain7069 4 ай бұрын

Fantastic

@SAMCOSecuritiesIndia 3 ай бұрын

Hi, thank you for appreciating us with your kind words.

@chettanv3398 Жыл бұрын

Very useful and noiceless chart, very good session. Regards.

@SAMCOSecuritiesIndia Жыл бұрын

Glad you liked it! Keep watching.

@dk-lj7is Жыл бұрын

Sir, such a nice episode but meri request hi pl ye batayen ki isme entry kaise leni hey with or without buffer or SL kaise rakhna hey or SL ko trail bhi karna hey ya nahi ye sabhi baat clear ho tabhi renco chart me work ho payega - thanks

@SAMCOSecuritiesIndia Жыл бұрын

Please watch both our episodes to learn everything about making a complete trading system from Renko

@murali8951 Жыл бұрын

How to do setting for Renko Brick 1% or 5 % in zeordha

@tubesammy81 Жыл бұрын

Apurva sir can you please show how to do we plot this on trading view or some free charting software, without which its just a waste of time i feel we cannot use it. thank you in advance

@SAMCOSecuritiesIndia Жыл бұрын

Your feedback has been noted.

@swaroopwaikar4220 Жыл бұрын

Samco security me Renko chart o min / second base available he kya ????

@SAMCOSecuritiesIndia Жыл бұрын

Hi Swaroop, we do provide Renko 1-minute bases in our Samco app. If you are an existing client, kindly log in to the Samco app with your login credentials, click on "Chart IQ," and select Chart Style: Renko. If you wish to open an account, kindly mail us at support@samco.in for further process.

@deependrayadav573 Жыл бұрын

I'm using renko

@TechnicalRajguru 4 ай бұрын

Bro can u tell me how do u take entry

@Thakurmaheshprtapsingh3238 Жыл бұрын

Namaskar Sar but Kuchh samajh Nahin a raha hai aap chart ke andar Kuchh Aisa add karo jisse ki Hamen pata chal Jaaye ki 20 point ka moment yahan se aane wala hai up ki taraf ya 20 point ka moment down ki taraf Aane Wala Hai Kuchh Aisa add Karen chart ke andar advantage Jaise elgo trading ke sath Hota Hai please;

@sjjhalaa Жыл бұрын

Renko repaints in real time intraday. How to correct this?

@SAMCOSecuritiesIndia Жыл бұрын

You can plot renko on 1 minute time frame to reduce repainting

@ykalgutkar1985 Жыл бұрын

'Log' ki concept ke bare me kuch bataya..

@SAMCOSecuritiesIndia Жыл бұрын

Please watch this video for more understanding on log scale - kzfaq.info/get/bejne/j9yXlJV62tuWdHU.html

@rexmotha1317 Жыл бұрын

English subtitle please

@chirayudarji Жыл бұрын

I have quation how we can define brick size of every stock

@SAMCOSecuritiesIndia Жыл бұрын

Hi Chirayu, thank you for your comment. We have discussed this in detail in this video at 23.41. Pls go through this link - kzfaq.info/get/bejne/eLRlg8Wk3JevmoE.html .

@Thakurmaheshprtapsingh3238 Жыл бұрын

Aur Sar apni application ko aap itna Halka bnao ki Halki se Halki speed per bhi open ho sake aur Achcha Sa Behtar tarike se kam kar sake Kyunki abhi bhi 4G ki speed Mein aapka application market data chart ki regular provide nahin karta hai main ummid karta hun ki aap is samasya ki or Dhyan Denge dhanyvad aap apne developers se application ko aur Behtar karane ki koshish karen jisse adar customer Jyada Se Jyada jud chuke

@SAMCOSecuritiesIndia Жыл бұрын

Hi Riyal ji, asuvidha ke liye khed hai. Aapki pratikriya note kar li gayi hai.

@Thakurmaheshprtapsingh3238 Жыл бұрын

Aapki application ki problem ki vajah Se Maine kam se kam 23 24 account open karae unmen se ek bhi work nahin karta hai mere alava Kyunki aapke application mein bahut sari problems Hai updates aane ke bad bhi vah samasya solve Nahin ho rahi hai aur Jab Bhi uske andar Sel ya bye karne jao Subah time leta hai jab tak market ka price Kuchh aur ho chuka Hota Hai Pata Chala Use market ko andar jakar Apne stock Ko bechna Hai tab tak price bahut niche a chuka hota hai Kyunki aapka application open hone mein time leta hai

@SAMCOSecuritiesIndia Жыл бұрын

Hi Riyal ji, asuvidha ke liye khed hai. Hum aapki chinta ko samajhate hain. App mein aapko jo samasya aa rahi hai, kṛipaya hamen support@samco.in par mail karen, hamari ṭeam isey sulajhaane mein aapki madad karegi.

@Thakurmaheshprtapsingh3238 Жыл бұрын

Aapka 4 years purana customer main ummid karta hun aap meri samasya ko Jarur sunenge aur use per Dhyan Denge dhanyvad aur Itni samasya hone ke bavjud bhi maine aapke platform Ko Nahin Chhoda Hai Mujhe ummid hai aap ek din ise Jarur theek Karenge dhanyvad

@SAMCOSecuritiesIndia Жыл бұрын

@ariemulderij4341 Жыл бұрын

english english english please please pleaSE

@SAMCOSecuritiesIndia Жыл бұрын

Thank you for bringing this to our attention Arie, we apologize for any inconvenience. We will make sure to include subtitles or speak in English in future videos to ensure accessibility for all viewers.

@ariemulderij4341 Жыл бұрын

@@SAMCOSecuritiesIndia thank you very much, your content about renko is great 👍

@SAMCOSecuritiesIndia Жыл бұрын

Hey Ariel! We're so happy to hear that you found the content great! Thanks for taking the time to leave a comment. Keep on watching!