Discover and read the best of Twitter Threads about #Nifty

Most recents (24)

For all you brainy chaps who are buying Bharti Airtel in the hope of an end to the price war, please do remember that you are buying the company at its PEAK Market Cap #Nifty
Oh! did I mention that the current PEAK market cap of Bharti Airtel already factors in an end of price competition with Jio (as if it ended today) BUT has the competition ended? And, what's the Jio management repeatedly saying? #Nifty #BigShort?
Final nail in the coffin on why Bharti is the #BigShort. Not only is its peak market cap already factoring an end of competition without any sign of it. It has also been selling assets so one needs to look at proportional EBITDA. Peak market cap for FY13 EBITDA in FY21. 😂#Nifty
Read 7 tweets
Thread on Basics of Futures and Options
Trying to explain in easy terms and using examples of indian stock market

👇🏻

#fno #nifty #bnf

1/n
Futures or Options or any other Derivative product for that matter is just a contract

Unlike buying a share in cash market you are not entitled to any dividends,bonus,right shares or voting rights.

Derivatives are just a contract between two person

2/n
As the name suggests a derivative derives its value from its underlying. So in case of a future contract. Its value will be dependent on the the price of underlying. So if underlying increases so will the futures and vice versa.

3/n
Read 14 tweets
Nifty Monthly Chart since Inception 1996-2019
.
Nifty's Last 21 months Jan18-Sept19 have been like being at the Tip of an Iceberg.
.
What's happening at this Tip on PriceFlow ?
.
13Oct19
14:39
#Nifty Monthly Chart since 2013
.
If Indicators matter, what does ADX have to say?
#Nifty Monthly Chart since 2013
.
If Indicators matter, what does Bollinger have to say?
Read 8 tweets
(1/n) •Domestic company corp tax cut from 30% to 22 % percent if
they don't avail any exemptions or incentives from FY20
• Effective tax for these companies rate 25.17 percent inclusive of all
surcharge and cesses. Applicable for current fiscal
(2/n) *listed companies which have announced buyback of shares prior to July 5 will not be charged with super rich tax
*All the measures announced will give relief of 1.45 lakh crores annually
(3/n) *Roll back of enhanced surcharge introduced in Budget on capital gain arising from sale of equity shares in a company liable for STT .
* super-rich tax will not to apply on capital gains from sale of any security including derivatives for FPIs.
Read 15 tweets
#Nifty
Few points to ponder on Longer TF
- Rising Trendline since 2008 currently placed roughly around 9000 (Long TF)
- Rising Trendline since Dec. 2016 from 6825 have been breached on monthly basis and currently placed above 11300. so close above it is needed
1/n
Contd..

- breached 7 MEMA and tested 20 MEMA ( also middle BB)
What happend once 20 MEMA was breached ??
Only 3 instances of corrections
- Since 2003 in 2008 (Crash)
- 2011-12-13 (Minor)
- 2015 (deep)
* MEMA = Monthly EMA

2/n
Contd...

- Since 2003 only once 54 MEMA have been breached that was in 2008 crash
- in 2011 & 2016 took support at 54 MEMA and reversed
- currently 54 MEMA is placed at 9765
3/n
Read 15 tweets
#Nifty spot rally which started at 10636 has got resisted at crucial level of 11145. Close above 11182 would have confirmed posting of higher top which didn't happen. Also index has closed below 61.8% retracement of entire rally of 505 points. 1/n
#Nifty50 is now continuing downtrend and should find resistance at 10900-11050 on upper side.Close above 11050 would be the first signal to turn neutral from bearish mode. RSI on daily chart had made negative reversal at higher level of 11141 which also confirm continuation. 2/n
Now, all eyes are fixed at 78.6%retracement level of short rally but we don't think that should matter now. We should rather look at posting new low below 10636 which could be in the range of 10530-10545 zone or even lower. CCI has again turned negative and crossed below -100.3/n
Read 5 tweets
1/ I see lot Of Comments That Nifty Is Just 7-8% off From ATH & There Is Lot More To Come On #Nifty & #BearMarket Has Just Started

Nifty Was Made Free Float MCap Based Index Sometime In 2009, Since Then It Has Become LopSided Index. IMO It Doesn't Reflect Mkt Realities
2/ Taking Nifty Returns From Dec17 Till Aug19 It's +3.8%
If You Take Nifty 50 Constituents, Median Return In Same Period is -14% & Average Return -7%

Better Parameter Is Too Take Median Returns of All NSE Stocks

It's Currently At -48%, Was -54% In 2001 & -72% In 2008 Bear Mkt
3/ Taking 2001 & 2008 As Benchmark Which Were Worst Bear Markets, We Have Already Traversed 70-80% Of Bear Market

In My Opinion This Bear Mkt Won't End with 40-50% Correction On Nifty As people Are Talking

We Are At Fag End Of Bear Mkt IMO

Time Shall Answer Lot Of Questions!!
Read 3 tweets
FIIs have been selling for the last 2 days, despite the govt's relief policies. US-China trade war is a bigger factor for global investments incl. India...Case in point: on Mon after a gap-up Nifty went down in the neg territory, recovering only after positive news on US-China
Almost everybody knew FPI surcharge will be rolled back it was evident. Do you think FPIs were waiting for formal announcement by the govt. Auto sector has been lobbying for cut in GST, the measures announced don't seem to be enough.
For the NBFCs and rather struggling NBFCs a separate fund acting as lender of last resort needed to be created, this also did not come by. The govt. revenue target don't seem achievable, a higher fiscal deficit now seems a given...
Read 6 tweets
THREAD ON NIFTY50 ANALYSIS
Data points under consideration:
1. PCR
2. IV("NOT INDIA VIX")
3. OPEN INTEREST DATA OF NF
4. OPTION CHAIN (MONTHLY EXPIRY)

If found useful "RT"
Please don't take it as long term view I am just anticipating a bounce over here

#Nifty
1. COMPARISION OF NIFTY PCR(CURRENT EXPIRY) W/ IV
a. According to the data plotted above it being observed that PCR is constantly under falling zone it was getting stuck towards the zone of 1.3 - 1.0 and it fell below 1 today ~0.8 which means OI of CALLS>OI of PUTS
b. Seeing the IV data of NIFTY its being observed that when PCR is constantly falling, IV is setting the higher tones which very conclusive to say that "SHORT COVERING" on PUTS is bringing more pain to INDEX and if this SHORT COVERING continues INDEX will fall further down
Read 8 tweets
#TRADING HTF pivots vs price behaviour; Usually HTF pivots, monthly upper pivots acts as a resistance and monthly lower pivots acts as a support; if any of these breaks, there exists a prospective rally; it was observed in #BANKNIFTY AND #NIFTY today ....
....Price was hovering around Monthly upper pivot region for almost 2.5 hours before it broke out convincingly and subsequently a rally followed. Shows the significance and power of pivots and more particularly HTF pivots. The blue zone is the Monthly CPR (Central Pivot range).
Another eg of the significance of HTF pivots.... In this case the illustration is its resistance power.... Note price tries to break the Blue upper boundary and fails and drops all the way down....
Read 3 tweets
is market fairly valued or not?
understanding few basic concepts
The earnings that we generally expect to grow by 14-15% every year, assuming the real growth of GDP to be 8% and inflation to be 6%.
In the last 4-5 yrs the GDP growth has disappointed. (1/n)
That does not mean we believe the growth rate expected in future should be lowered, we still believe based on RBI and govt comments that India is a country where to employ the large number of people that join the workforce every year, we need 8% real GDP growth and (2/n)
Read 21 tweets
Today there was -ve news in IT sector. Nifty opened gap down and BN opened gap up.
Everyone would have thought about index managment.
I thought as IT is -ve, if Nifty has to hold, BN will move up. But, exactly opposite happend after open...
....IT made DL and recovered, while, BN fell sharply. Nifty was hovering near opening level.
By 9:30 AM, BN broke lows of June 19th and 18th to make new swing lows. Nifty, NF and BNF didn't break lows of June 19th. Nifty had broken June 18th's low on June 19th...
...So the current scenario was both #Banknifty and #Nifty had broken lows of June 18th.
Now along with this there was huge increase in premiums of future. In the opening minutes NF wasn't falling and only spot was falling. Also today was ex-dividend date of #Hdfcbank...
Read 18 tweets
#FakeParadise
#ReversalSetup

Before i share this setup, let me tell you this is not a easy setup to trade without deep understanding.

So let's discuss the setup and what does it mean!!

(1/n)
Rules For Sell

1. New 20 period high should have been made today.

2. Previous 20 period high should have been made minimum 3/4 days before.

3. Close above previous 20 day high or not is optional.

(2/n)
How to implement?

1. Once we get new 20 period high stock, on same day/ next day we place sell stoploss order few ticks below previous 20 period high.

2. Stoploss : few tick above Latest high

3. Target : 1:5 R:R achievable (trail stop after 1:2 R:R)

(3/n)
Read 27 tweets
16-05-2019
#daytrading
Entry-Name-Quantity-EntryPrice-SLPrice-ExitPrice
Buy-#axisbank-105-735.10-SL-725.60-TGT-745.00
Buy-BANKBARODA-769-109.65-SL-108.35-TGT-111.00
Buy-#bpcl-213-366.50-SL-361.80-TGT-371.40
Buy-#BHARTIARTL-274-336.65-SL-333.00-TGT-340.50
1/5
Buy-#HINDALCO-426-194.45-SL-192.10-TGT-196.90
Buy-#HINDPETRO-426-270.70-SL-268.35-TGT-273.20
Buy-#ICICIBank-235-384.55-SL-380.30-TGT-389.00
Buy-#INFY-167-725.10-SL-719.10-TGT-731.50
Buy-ITC-606-299.35-SL-297.70-TGT-301.10
Buy-#SBIN-303-317.55-SL-314.25-TGT-321.00
2/5
Buy-#TECHM-192-795.90-SL-790.70-TGT-801.50
Buy-#TITAN-227-1167.60-SL-1163.20-TGT-1172.60
Buy-#VEDL-513-163.15-SL-161.20-TGT-165.20

Short-#axisbank-105-716.20-SL-725.70-TGT-706.30
Short-BANKBARODA-769-107.05-SL-108.35-TGT-105.70
Short-#bpcl-213-357.10-SL-361.80-TGT-352.20
3/5
Read 9 tweets
#Nifty low-IV strategy - I will call it "Krauncha Vyuha" Crane-shaped strategy.

lf stays between 10900-11400 then ThetaDecay max profit at 11111 for 31k.

If goes above 11400 then minimum loss

if goes below 10900 - exponential profit.

Vega High+ve, Theta & Delta slight -ve.
For educational purpose here is the Greekvalue #Nifty
#nifty #nifty50 booked partial profit on downside from options strategy, (exited 2lot of 11100 CE sold) now position looks like below. If nifty tries to touch 11k again, will do the same Crane Shape by selling 11100 CE
Read 3 tweets
#Chapter2 : Trend Trading .

Traders first priority is to take a trade basis the trend. Trend in simple terms means, following the direction of the Market.

Which also means, being with the forces who create the direction, who drive the prices, who move the market, SmartMoney.
What is Smart Money ?

Traders Small or Big who buy or sell in large quantities and have the money power to play with prices by buying or selling at important price points.

They decide if the Price is Undervalued for a Buying Opportunity or Over Valued for Selling Opportunity.
As the Buying or Selling happens in Bulk, their Profitability depends on How far they can push the price, so that they can cover whole of their orders with out loosing much.

They have the power to hold positions and keep rolling it over for Years or Decades if they decide to do.
Read 73 tweets
(1/n)
#Nifty
Intra Trading System 4 Nifty Fut using Point & Figure

Longs

1. Setup shud be bullish ( Price shud b abv10 SMA on 10x 3 chart min)

2. Buy Signals on 5x 3,  1 min chart shud be taken only if it is abv or = to Bullish Sustenence lvl
(2/n)
SL Condition
Keep SL as Double Bottom sell

Exit Condition

1. High Pole
2. Double Bottom Sell
(3/n)
Shorts

1. Setup should be Bearish ( Price should be trading below 10 SMA on 10x 3 chart 1 min)

2. Sell Signals should be taken only if it is above or equal to Bearish Sustenence levels.
Read 9 tweets
#Nifty F Hypo. Open right below prev day's established value. Acceptance above 10680 is the key for upside. Below 10680 may rotate to fill prev days minus development
If I have to simplify Market Profile w/o any lingo then I'd say forget value area, just remember thick TPO clusters (above 10680) and single or double TPOs (below 10680).
Forget market profile day types just remember b-shape,p-shape and D-shape
If price accepts near the lower end of the thick TPO cluster then mostly it travels pass through the entire cluster to test cluster high. This observation is valid on any time frame- single day TPO cluster, 3-10 days composite TPO cluster. (On daily TF you call it 80% rule).
Read 7 tweets
#NIFTY #NIFTY_EXPIRY_27DEC2018 #EXPIRY_27DEC2018 #OptionsTrading
MAXOI STRIKES 11000PE 11500CE
MAXOI ADDED STRIKES 9500PE 11000PE
SPOT 10458.4
2018-10-15 09:21:19
#NIFTY #NIFTY_EXPIRY_27DEC2018 #EXPIRY_27DEC2018 #OptionsTrading
MAXOI STRIKES 11000PE 11500CE
MAXOI ADDED STRIKES 9500PE 10700PE
SPOT 10447.8
2018-10-15 09:25:49
Read 78 tweets
The ghosts of 2008 are back. We had #Lehman. Today we have #ILFS and #RupeeAt75. The bulls have given up. #Sensex is down 4500 points in 25 sessions. As shared by @Prashanth_Krish over 50% of stocks traded on NSE are down 50% or more. Friday’s fall would have made it more brute.
Most of serious investors are fully invested. With the kind of sell-off witnessed in #Bajaj twins, #HDFC twins, #Reliance, #Kotak, quality midcaps/largecaps, no one is spared. Even Portfolios of respected investors like Rakesh J, @porinju, @VijayKedia1, SP Tulsian are down!!
In 2017 everyone made easy money. 2018 made you realise how difficult it is for traders and investors to make money in #stocks. I wish @adhia03 realises the gravity of his mistake by imposing #LTCG by referring stock markets as easy money making medium. #Nifty #Sensex
Read 27 tweets
Not much significance due to the range trading, but seems some action expected ahead #nifty fut
If we start trading above 11495, we might attempt 11535. But again, volumes essential. So far no volume support for a bull or a bear move
Now stops to 11494 ( I entered at 11496)
Read 9 tweets
How greed and fear affect you?

People show some ponzi scheme and say monthly 10% income - Greed kicks in and people put lot of money to become rich overnight!

Society say your kid will lag behind if he is not in top school - Fear Kicks in and you pay lacks on nursery kid.

1/n
Example : Many people just reject to pay some small amount to learn about markets but get in to such schemes and lose out heavy :(
theprint.in/economy/gujara…

2/n
Example -FEAR :
a Private School ask you to pay 100,000 donation just to admit your 3 year kid to school and people feel and act as if its there responsibility to pay that large chunk.. imagine what kind of investment its going to be till child get a job after some 18-20 yrs

3/n
Read 25 tweets
July 13
Some of the Novice Observations
The Trend Picture
The Bull Case - The Bear Case

#BankNifty
#mp_amt
#mp_chart
July 16
Some of the Novice Observations
The Trend Picture
The Bull Case - The Bear Case

#Nifty
#mp_amt
#mp_chart
July 16
Some of the Novice Observations
The Trend Picture
The Bull Case - The Bear Case

#BankNifty
#mp_amt
#mp_chart
Read 62 tweets

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