Discover and read the best of Twitter Threads about #Breadth

Most recents (7)

#PreMarketCapsule |26th September, Monday | Edition: 43

In the document ⬇️
1. #Nifty Range and Breadth
2. #Banknifty range and Breadth
3. #Sector Breadth
4. #FII Derivative Activity
5. #Summary of the analysis Image
1. Demand Zone 17415 to 17250
2. Initiate short below 17250 only
3. Price trading below TMA is bearish
4. Pullback towards TMA and getting red brick is a good place to go short
#Nifty #nifty50 #NIFTYFUT Image
Read 11 tweets
#PreMarketCapsule | 6th September, Tuesday | Edition: 35

In the thread⬇️
1. #Nifty Range and Breadth
2. #Banknifty range and Breadth
3. #Sector Breadth
4. #FII Derivative Activity
5. #Summary of the analysis
1. Price trading above TMA is bullish
2. Broke out of recent consolidation
3. Near resistance is 18000
4. Support is 17500
#Nifty #nifty50 #NIFTYFUT
Read 11 tweets
#PreMarketCapsule | 5th September, Monday | Edition: 34

In the document ⬇️
1. #Nifty Range and Breadth
2. #Banknifty range and Breadth
3. #Sector Breadth
4. #FII Derivative Activity
5. #Summary of the analysis
1. The marked zone in 'Green' is Demand Zone for Nifty
2. Price has traded there for more time than expected near the Demand Zone
3. Price trading near the demand zone is a negative sign and may have weakened the zone

#Nifty #nifty50 #NIFTYFUT
Read 10 tweets
Pre-Market Capsule | 14th July

In the thread ⬇️
1. #Nifty Range for the day
2. Nifty Breadth
3. #Banknifty range for the day
4. Banknifty Breadth
5. #Sector Breadth
6. #Derivative Analytics
7. Summary Image
#Nifty on charts

1. Trading below TMA
2. TMAs are turning negative
3. When TMAs are in the process of becoming negative = #markets generally go sideways
4. Expect sideways to #bearish action Image
Nifty Breadth = Overbought
74% Image
Read 12 tweets
#Breadth is an efficient way of knowing when to be aggressive, and when to stay out of the markets.

A thread with some different tools you can use

Most of the breadth indicators will tell the same story.
1/x
1. Stockbee breadth market monitor: docs.google.com/spreadsheets/d…

Study this a few minutes every day, and you'll build a great feedback loop.

Take note of when changes in breadth occur and what happens w stocks/indexes.

Watch what happens w. ≈1000 up.

2/x
3. Net new highs/lows for the index you want to trade. When you have a change in breadth and/or more lows than highs it is often time to start going to cash.

Take note that NYSE this year have been working better than Nasdaq while breadth was better on NYSE.

3/x Image
Read 8 tweets
#Market #breadth is weak despite 100 point gap up in #nifty...quite unusual considering the recent rally in broader markets👀 Lets see if it catches up during the day
#Humptydumty #nifty had a great fall...is this the #top?
Declining stocks outweighed advances early in the day this was an indication of things to come.

#advancedecline #nifty #triplecentury Image
Read 5 tweets
Lesson from recent past.

BALAKOT Airstrike did not trouble market much, I am confident that Indo-China border tussle may not too.

Note: 20 day Average True Range for #NIFTY is 260pts (CMP 9914)

Hence, will maintain 9600 as trigger level to change stance. #NIFTY
Update on #Nifty chart

4th Higher High formation
No weakness in volume to assist divergence
20Day ATR now 250pts (ATR falling means low volatile zone in an Uptrend which is bread butter for Trend Followers)

My view: Bullish as there is no sign of weakness yet.

TREND is UP Image
Update on #Nifty and #Banknifty chart.

I cannot see any sign of weakness externally or internally anywhere.
Prices are rising hence TREND is up.

It is as simple right now.

Current view: Bullish

(Nifty is UP +557pts since Indo-China tussle) Image
Read 52 tweets

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