Discover and read the best of Twitter Threads about #bajfinance

Most recents (19)

Everyone dreams of buying a STOCK at the BOTTOM and sell it at the TOP to get MAX PROFIT.

It looks IMPOSSIBLE, but it can be done using RSI Divergence Strategy.

A detailed thread🧵 on how to use RSI Divergence Strategy in Trading: Image
We will split this thread into five parts:

• Basics of RSI Indicator
• What is RSI Divergence
• How to incorporate RSI Divergences in your Trading (Daily/Weekly Time Frame)
• Free Tradingview Indicator
• Free RSI Divergence Screener Link to simplify your analysis
1/ Basics of RSI Indicator:

The Relative Strength Index (RSI) is a momentum indicator used in technical analysis. It provides traders with signals about bullish and bearish price momentum.

It is very common indicator and is available on the Broker Platform and Tradingview
Read 25 tweets
Rating Research reports can make you rich.

But only if you know how to use them correctly.

@iManasArora uses rating reports to take contra bets with almost 100% accuracy and here's how: 🧵

Collaborated with @AdityaTodmal
1/ Rating Agencies reports to filter stocks:

Most international rating agencies issue a downgrade only after a significant correction in the stock.

Similarly, they come up with an upgrade report after a sharp rise in the stock.
But don't take their reports on face value and DYOR (Do Your Own Research) before investing.

Because rating reports are a lagging indicator and price is always a leading indicator.
Read 21 tweets
Best Buying Levels for all #Nifty50 #Stocks as per Demand Zone:

1️⃣ #ADANIPORTS: ₹562
2️⃣ #ASIANPAINT: ₹2,552
3️⃣ #AXISBANK: ₹620
4️⃣ #BAJAJFINSV: ₹10,445
5️⃣ #BAJAJAUTO: ₹3,280

Save it for later ✅
Tags:
#StockMarket #NSE #Nifty #Trading #Investing #sharemarket

Thread🧵(1/11)
Best Buying Levels for all #Nifty50 #Stocks as per Demand Zone:

6️⃣ #BAJFINANCE: ₹4,668
7️⃣ #BHARTIARTL: ₹552
8️⃣ #BPCL: ₹255
9️⃣ #BRITANNIA: ₹2,534
🔟 #CIPLA: ₹850

Save it for later ✅
Tags:
#StockMarket #NSE #Nifty #Trading #Investing #sharemarket #Trader #OI

Thread🧵(2/11)
Best Buying Levels for all #Nifty50 #Stocks as per Demand Zone:

1️⃣ #COALINDIA: ₹163
2️⃣ #DIVISLAB: ₹3,154
3️⃣ #DRREDDY: ₹3,365
4️⃣ #EICHERMOT: ₹2,431
5️⃣ #GRASIM: ₹1,221

Save it for later ✅
Tags:
#StockMarket #NSE #Nifty #Trading #Investing #sharemarket #BSE

Thread 🧵(3/11)
Read 11 tweets
Q&A Insights: Abhishek Murarka from @HSBC_IN asked about the NIM and cost to income outlook for FY23. Rajeev Jain MD said opex to NIM would remain elevated. Eventually it will lead to better OpEx to NIM ratio.
Q&A Insights: Apurva Deshmukh of @CRISILLimited enquired about percentage of consumer durable in stand-alone AUM of Bajaj Finance. Rajeev Jain MD said that it’s close to INR 20,000 crores in terms of balance sheet (BS) of consumer durable financing. On aggregate, it is 10% of BS.
Read 7 tweets
• A cash stock wizard, who doesn't trade the stereotype triangle, rectangle, H&S etc.

• Creative enough to look beyond the obvious

• Covering another unique set up: Rating Houses Contra Trades or as he calls it "Moody-no-so-Moody indicator"

🧵 to learn from @iManasArora
• Usually international rating agencies come with a downgrade only after a massive correction in the stock

• Similarly these rating agencies come with an upgrade report post a sharp rise in the stock

• Don't take them on face value and DYOR!
• How Ultra Bullish articles from rating/broker houses is used to dump the stock to retail

• New traders provide liquidity for BIG players to offload their stocks
Read 16 tweets
1/n
🧵on Relative Strength Index (RSI), one of the widely used Indicator in technical analysis by traders.

I am sharing:
1. Intro and the birth of RSI
2. What info RSI indicates
3. Application of RSI with chart patterns
4. Support/Resistance in RSI
5. Range Shift
6. Divergence
2/n
The concept of RSI was first introduced in the book “New Concepts in Technical Trading Systems.” By J. Welles Wilder Jr. Most of us get so attracted to the indicator itself we forget to study the background of Scientists and how the indicator got its life.
3/n
Understanding the psychology of the researcher is way more important than the indicator itself. Because indicator is the reflection of researcher’s personality and what they are looking into the markets (and charts).
Read 22 tweets
“Last Diwali to this Diwali: Summary of Momentum Investments/ Trades taken (#MostlyMomentum)!!”:

Introduction of my journey so far:
I started my #StockMarket journey Jul- 2016:

•During 2016-17, as a typical new investor, started with TV Tips, and IPOs,
this (IPOs) helped in a way, best #DMART has still been the best of IPOs I applied for, got allotment, and kept for couple of months and captured fastest 282% of my #StockMarket journey.

• During 2017-18, decided not to go after TV Tips,
and started doing something on my own including a little Option “BUYING” 12, lost some funds in Option Buying, but gained a lot of experience regarding not to so something you don’t know. Alongside this, also started exploring cash market strategies of buying what is going up and
Read 25 tweets
As the next phase of evolution as a trader I started to do 1 to 3 days #swing #trading in fno stocks. I am doing in cash for longs and options for short. So strategy is a bit lop sided. Since shorting is my strength, i am comfortable with risk
with each chart logic explained.
Before actual trading, I have been practicing this with small quantities (long only) with #zerodha #60daychallenge.
I have 5 days to go, but result is known already ;-).
#NSE #FnO #experiment #learning.
I might succeed, I might fail. First week was good one.
#BAJFINANCE.
1.multiple #bullish #engulfings at swing support area,
2. consolidation
3. rsi divergence
Risk reward 1:4
Result: Target achieved
#NIFTY #TradingView Image
Read 7 tweets
Stocks for 18/09/20 Intraday

#ICICIBANK
#AXISBANK
#INDUSINDBK
#HDFCBANK
#BHARTIARTL
#BPCL
#BAJFINANCE
#SRTRANSFIN
#HINDUNILVR
#ESCORTS

Based on NR7, Volume and Volatility concepts
Results of the Day: 3/10 Stocks gave tradeable moves

1/3 : #SRTRANSFIN : PROFIT : +1.6R

Price was going towards previous highs with declining volumes and increasing wicks. Rejected by forming strong Bearish candle

Exit after successive Bullish candles came in Image
2/3: #ESCORTS : PROFIT : +0.6R

Broke out of Day's high forming Very strong candles. Not too convinced because Volumes were lacking.

Exit after price couldn't get past next resistance Image
Read 4 tweets
Stocks for 16/09/20 Intraday

#SBIN
#ZEEL
#RELIANCE
#TATASTEEL
#JSWSTEEL
#INFRATEL
#GRANULES
#BAJFINANCE
#INDIGO
#ADANIPORTS

Based on NR7 Pattern Screener
chartink.com/screener/nr7-p…

& filtering on basis of Volume & Volatility
Do watch @ST_PYI Sir YT video on NR7 for details
Results of the Day : 3/10 Stocks gave tradeable moves

1/3 : #BAJFINANCE : BREAKEVEN

Price broke through previous highs with all conditions met BUT stalled and didn't move and formed bearish candles Image
2/3 : #TATASTEEL : PROFIT : +4R

As posted earlier today:

Price was rejected by previous highs and gave Short entry by forming bearish conditions.

Exited at +4R which is the maximum I target for Intraday trades Image
Read 4 tweets
Will be posting TA of all #nifty50 stocks in this thread. Any comments, suggestions are welcome!
1
#NIFTY50 #ADANIENT
ADANI ENTERPRISES
2
#NIFTY50 #ASIANPAINTS
ASIAN PAINTS
Read 52 tweets
Continuing the Exercise, time for the weekly review of this:



Stocks which were at 5 Low:

1. #BIOCON : Swept equal lows, good bounce
2. #JKTYRE : Back at Support
3. #HINDUNILVR : Broken previous Support
4. #GODREJPROP : Good bounce, at Equal highs ImageImageImageImage
Stocks which were at 13 Week High:

1. #SBIN : Testing broken resistance
2. #LICHSGFIN : Testing broken resistance
3. #DCBBANK : Testing broken resistance
4. #CHOLAFIN : Testing broken resistance ImageImageImageImage
Continued..

5. #TATACHEM : Broke ATH BUT back down
6. #NOCIL : Tested Support
7. #MFSL : Consolidating at Resistance
8. #BAJFINANCE : Looking Good, tested broken Resistance ImageImageImageImage
Read 6 tweets
A Very useful Exercise for Positional/Swing Trading, Suggested by @ST_PYI (Raunak Sir)



Stocks I am watching for this week are

At 5 week Low (No Stock is at 13 week Low):

1.#BIOCON
2.#JKTYRE
3.#HINDUNILVR
4.#GODREJPROP

Screener: chartink.com/screener/5-wee… ImageImageImageImage
Stocks at 13 week high:

1. #SBIN
2. #LICHSGFIN
3. #DCBBANK
4. #CHOLAFIN

Screener : chartink.com/screener/13-we… ImageImageImageImage
Read 5 tweets
Stocks for 14/08/20 Intraday

#RELIANCE
#HDFCBANK
#BPCL
#BAJFINANCE
#UPL
#LUPIN
#UJJIVAN
#GLENMARK
#ASIANPAINT
#PEL
#ULTRACEMCO

Based on NR7, Volume and Volatility concepts
Results of the Day : 3/11 Stocks gave tradeable moves. A great day for me since there was a lot of Volatility and I read the price action well.
1/3 : #RELIANCE

My best price action read today :

Price started Bullish but found resistance at 11th Aug high. Short trade taken after bearish confirmation and Exited as per my rules.

Tip #2 in pinned tweets was KEY in securing higher profits

+4.5R profits booked Image
Read 5 tweets
Weekend views on all my 35 f&o stocks will be given on this thread.

Stay connected😊😊
#Reliance
#weekly

Demand zone 1220-1180.

Look for bullish candle formation from demand zone. And go long above bullish candle formation.

View gets neglected with close below 1170 on weekly TF.
#HDFCBANK
#Weekly

After breakout from range of 1900-2200 it has given 300 points run and now coming back to breakout zone.

Look for bullish candle formation and go long above bullish candle high.

View gets neglected with close below 2200 on weekly TF.
Read 34 tweets
Screen inspired by #RameshDamani sir:
Read on moneycontrol - Ramesh Damani's thumb rule of 24% returns can make you really rich.
List of companies that are making 24%+ CAGR profits. Will add information about each company in this thread...Contribute generously to this thread :)
28 Jewels of Indian stock market:
#RBLBank
- Rural focuse
- Improving Ratios (CASA, ROA, ROE)
- Great partnerships
- On track for vision 2020
Read 16 tweets

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