Discover and read the best of Twitter Threads about #nifty

Most recents (24)

#NIFTY in a downtrend. I expect it to drop even more sharply than predicted here, i.e., break below this descending channel, in October. Good chance it goes below 10k. Image
Here's the #NIFTY PE ratio. It is at an all time high, above 2 SD and flirting with 3 SD.

A proper market correction should see it test its median of 20.17. I personally expect it to over-correct to -1 SD of 15.77. Image
So what does that translate to in terms of NIFTY value. Let us look at the NIFTY EPS. Unsurprisingly, due to businesses being impacted by the lockdown, earnings forecast has been continuously revised downwards over the last six months. Even if the EPS remains at 348.2, the ... Image
Read 8 tweets
1/n
Insights number 🔢on entrepreneur👨‍💼👨‍💼

#Entrepreneurs were asked for their thoughts on COVID-19, the impact of lockdown on their business decisions, and why they set up a business.

A Thread ☘️👇
2/n

69% of lockdown entrepreneurs agreed that lockdown gave them the push they needed to start a business of there idea.

@yourstacks @BUSlNESSBARISTA
3/n

73% of lockdown entrepreneurs said that lockdown has provided them with the perfect opportunity to focus on what they really want from their career and there business.
@MorningBrew
Read 7 tweets
Thread coming on #OptionsTrading
A way to do #IronButterfly on #Nifty #Nifty50

Iron Butterfly is a sideways strategy. It is not to be used in a trending market. It needs some knowledge of Technical Analysis, position sizing and risk management for worst case scenario. 1/n
Trend on #Nifty has to be sideways. I check it via Alligator. Green Circle is the place I went bullish. Blue is my signal for sideways market. It is not easy to follow alligator as whipsaws to opposite side can be intense so one needs to be Iron Hedged. 2/n
When Lips of Alligator are pierced by price on daily charts, it signified that existing trend is exhausting or coming to an end. Underlying like #Nifty does not go V-up or n-down and they follow accumulation distribution phase unless there is a trigger for eg. #Covid19 3/n
Read 11 tweets
#Gaps in #trading 101

Gap is essentially a change in prices levels between the close and the open of two consecutive days.

Gaps can be classified as under:
1. Common Gaps
2. Breakaway Gaps
3. Runaway Gaps
4. Exhaustion Gaps

(1/n)
#Gaps in #trading 101

Common Gaps

These gaps are common & usually get filled quickly. "Getting filled" means the price action at a later time usually retraces at the least to the last day before the gap. The trading volume on such days is generally low / below average.

(2/n)
#Gaps in #trading 101

Breakaway Gaps

They occur when price action is breaking out of their trading range or congestion area. A good confirmation os such gaps is if they are associated with classic chart patterns (eg. Cup & Handle, Darvas Box, Ascending Triangle etc).

(3/n)
Read 6 tweets
#GOLD INR / #NIFTY Ratio Chart.
Gold is likely to continue its outperformance against NIFTY.
FMCG Index / NIFTY Ratio Chart.
Retracted from the Multi-Decadal horizontal resistance, thereby implying that FMCG's outperformance vs NIFTY is facing a very significant obstacle.
IT Index / NIFTY Ratio Chart - Crossing above an IHS neckline. Could well lead going forward.
Read 6 tweets
3.0 Marathon Chart Run (Sept)

-Will Post FNO Charts A-Z (Ascending)
-No Comment will be posted, just price, volume and action.
-Education Purpose only.

-Share with friends and #Retweet if you like.

- Please avoid messaging for thread unroller!

-Follow @Mr_chartist
01. #ACC
Read 95 tweets
@SunPharma_Live
(In Million) fy11/fy20
Revenue - 60827/334735
R&D - 3313/19736
Net Profit - 18161/69644
EPS - 7.5/15.7

New speciality launche
1) Cequa -Oct'19 (cyclosporine ophthalmic solution 0.09%)in Keratoconjunctivitis sicca(dry eye) for increasing tear productn
#pharma
2) Absorica LD - Feb'20(isotretinoin) capsules in US for severe recalcitrant acne in patients 12yrs&older

3) Ezallor sprinkle - July'19(rosuvastatin)capsules for 3 types of elevated lipid disorders for patients with difficulty in swallowing

#pharma #StockMarket #Nifty #stocks
4)Drizalma Sprinkle - Oct'19(duloxetine delayed release capsules) in US for oral use, serotonin & norepinephrine reuptake inhibitor for patients with neuropsychiatric & pain disorders in patients who have difficulty swallowing

@SunPharma_Live annual report 2019/20
#API #sensex
Read 11 tweets
What’s this week (24-28 August)? Will it be extended last mile rally or set up of “enough is enough” undertone? Is G3 worried on playing “U-win, I-lose” game on equities, when impact on real economy is unreal? Even if search of C-19 vaccine is done, how tough is recovery?...1/N
Despite answers for these doubts is elusive, the going is good so far! NASDAQ in comfort mode at set focus 10850/11000-11350/11500 with intra-week & all-time high punch at 11326 (way above 2019 close 8972 & March 2020 low 6631) with YTD gain of >25% and >70% from C-19 low...2/N
It’s prudent to take monies off the table & avoid chasing extended last mile beyond 11350-11500, and it’s not bad for 2020 when agenda was to survive in the Covid era.

S&P500 punched new high at 3399 from previous base 2950-3000 (against 2019 close 3230 & C-19 low 2189)...3/N
Read 19 tweets
This weekend is for me to celebrate. I recovered all my 3 years loss including corona. Let me tell my story. I was doing great till 2017 end. Was part of the small/mid cap rally and in nutshell paid SCG of nearly 3 lakhs. And then things turned around badly 1/n
Then from there I was part of the crash of small/midcap. Portfolio was fully into small stocks which cannot withstand the headwinds. I jumped from one stock to another like a monkey and intensified the loss. 2/n
Then came the election I decided to take advantage of the situation and to recover my loss, I indulged in futures and options during election time. my political predictions were wrong and made huge loss. To put into perspective, I cagr of my 13 years of market became 1-2% 3/n
Read 9 tweets
So biggest casualty of #Fed warning on #US #economy y'day, was #Gold,which dropped 3% to $1951.90 an ounce,within minutes of #FedMinutes

Silver too fell below $28

Rout was not limited to precious metals--#Nasdaq sold off despite #Apple hitting $2 trillion market cap

#Covid_19
#CrudeOil whipsawed in tight range with #WTI at $42.83

#Fed's take on economic downturn was nothing new&yet markets collapsed

Only asset which saw aggressive buying was US #Tbills,with 10 yr #bond #yield@ 0.665% Vs previous close of 0.685%

#Dollar had its best day in 2 months
So what does y'day's frenzied buying in #bonds indicate?Is the #RiskOn trade over?

Well,not quite--With $9 trillion of excess global #liquidity sloshing around due to coordinated Central Bank rate cuts,since #Covid_19, equities will move up,albeit with severe bouts of volatility
Read 7 tweets
Navin fluorine
Traction in life & crop science business
Speciality chemicals & CRAMS(Dewas plant with cGMP) accounted for 64% sales in q1fy21
Company AR FY20,25% drugs approved by USFDA in fy19 contained fluorine molecules
Traditional inorganic fluoride & refrigerant business impacted due to slowdown in steel,glass industry due to COVID
$410mn 7 year contract starting q4fy22 for supply of high performance product in fluorochemical space,longterm visibility,capex $61.5mn thru debt,internal accruals
EV/EBIDTA of 29.74 it's more richly valued compared to Aarti,SRF
Fluorospar 60% raw material cost for navin,main producer China,company has dependance of 20%
Shift of businesses from China will aid Navin
Read 6 tweets
Hello Traders, Below is our trade plan for upcoming week. It will be a buy & hold portfolio with time frame of 30 trading sessions #NIFTY #BANKNIFTY #fmcg #INFY #TCS #GranulesIndia #Bayercorp #SBIcard #Cipla #tataconsumer #Alltimehigh #Dhoni #DhoniRetires #ThalaDhoni #CSK Image
Below is the link to chart where we have tried explaining the idea behind buy on Granules #Granules #API #momentuminvesting #alltimehigh #ATH

tradingview.com/chart/GRANULES…
Below is the link to chart where we have tried explaining the idea behind buy on Tata Consumer #TataConsumer #fmcg #Nifty #banknifty

tradingview.com/chart/TATACONS…
Read 9 tweets
What’s this week (17-21 August) in global & Indian financial markets?

Theme: Trump & FED dynamics continue to support “last mile” risk-on mode, while India fortunes stay mixed & nervous boxed between risk-neutral & light.

It’s good to avoid overweight on high-risk assets...1/N
NASDAQ mark-time at 10650-11350/11500 (close above 11K) is good beyond high 11126 for 11500-11850 (stop 10650)

S&P500 held steam above 3300 preparing for new high above 3393 towards peak 3500 (stop 3300)

DJIA in catch-up act lifting support at 27350-27500 for 28150-29568...2/N
Highlight on US equities (Q2/2020 to Q3) is from DJIA lifting base from 20500-20850 to 27150-27500, S&P500 from 2950-3000 to 3250-3300 and NASDAQ solid above 10K leaving pre-Covid high 9838 out of focus.

India equities stood to benefit from FPIs mood-shift from exit to buy...3/N
Read 14 tweets
Global Markets this week: Comfort from developed markets is no tailwind cheer for India!

US Presidential election gets near, and rally in US equities & Gilts gets bigger!

NASDAQ leads the show with upside break at 10350-11000 (high 11126) building steam for 11850-12350...1/N
S&P500 bounce from 2950-3000 hit target 3350-3400 (high 3353) and set for new high above 3393 towards 3650-4000.

DJIA is into catch-up act inching up from 26500-26650 to over 27100 with pull bias towards all-time high 29568.

Last mile uptrend intact & into extended one...2/N
When post-Covid outlook was for hold between 2019 close & Feb’20 high, US equities punching new highs is extraordinary, and prudent to be on chase with trail stop of 3-5% correction from the peak.

Combination of more stimulus & FED Fund rate around 0% keeps undertone good...3/N
Read 15 tweets
Major take-away from 6th August @RBI Monetary policy review:

(a) Despite being accomodative, effective policy rate is not away from the bottom - can’t push deposit rates down any further

(b) No issue on liquidity infusion, but large reverse flow in R/R counter is worry...1/N
(c) Concerned poor credit growth in banking sector, hence special dispensation for Gold loans increasing LTV from 75% to 90%

(d) Unable to fix a number on FY21 GDP contraction despite seeing downside risks

(e) Mixed outlook on headline CPI inflation, extended rate pause...2/N
(e) Positive from announcement of one-time resolution, providing relief to borrowers and Banks, but not sure at this stage on the extent of relief to both parties

(f) Not providing “free-for-all” kind of resolution on moratorium book is positive, but cost of this is high...3/N
Read 11 tweets
Tata consumers products (TCP)
Tata global beverages renamed as TCP after merger of consumer portfolio of Tata chemicals with itself
2nd largest player in branded tea market ,330mn servings/day in 40 countries
Tata salt 1st iodized salt available in India
JV with
Starbucks 50:50,Starbucks store in India,1st store in 2012,more than 180 stores at present,long runway as it enters tier 2 ,3 cities ,rising price,consmptn

With PepsiCo, known as Nourishco for non carbonated drinks in India ,Tata water plus,Tata gluco plus Himalayan Image
Leadership
N chandrasekaran - Chairman

Sunil D'souza - MD & CEO ,Past MD whirlpool India,also worked for 15 years at PepsiCo

Under N Chandra company has sold loss making units in Russia,Sri Lanka,better capital allocation,more focus on growth
Read 15 tweets
Biologics (Bgs) are produced from living organisms or contain components of living orgs,derived from human,animal,or microorgs by Biotechnology
Eg..vaccines,blood & blood products,somatic cells,gene therapy,allergenics,tissues,recombinant therapeutic proteins
Composed of proteins,sugars,nucleic acids or complex combinations of the above or maybe living entities such as cells & tissues

Diff betn Chemical/Biological drugs

Chemical
Produced by chemical synthesis,low molecular weight,well defined chemical structure,stable
Completely characterised, mostly non immunogenic

Biologics
Produced by living cells cultures,high molecular weight,complex structure,process dependent,impossible to fully characterize,unstable,sensitive to external conditions,immunogenic
Read 9 tweets
Though majority of people appreciate my advanced levels of #nifty futures which I share in Telegram Link, Few people keep asking-"What's the learning in this,why don't You share d method?"

The day I will be leaving the trading, I can teach my method, but not before that.

Contd.
There are still many learnings with my levels even if I do not tell my method.

1)How peaceful can be the Trend following than others methods of trading.

2)Market is GOD to me, and Trend Following is like surrendering to the GOD and follow its course without expectations.
contd.
3) How by NOT setting any Targets can reward us big.
See my biggies of Jul 2020 - 470, 105, 255,159,117,140 points,
Is not this the biggest learning?

4)Breaking Myths of Hedging - Hedging can be done by the position sizing too.
contd...
Read 8 tweets
What’s this week in Global markets when growth in tumbling mode?

Growth contraction in H1/2020 is to expectation despite being severe, but recoup momentum is not yet visible when worst of C-19 is not yet behind, while hope remains on launch of vaccines before end of 2020...1/N
FED & other G7 Central Banks continue to support equities to prevent collapse & set up of pessimism on the real economy! Positive take-away for EMs & rest of the world is from combination of easing US Treasury yields and weak USD, not withstanding firm Gold and Brent Crude...2/N
NASDAQ lead US equities with play above 10350 (keeping base 10000 away) but lack steam to punch new high over 10839, and good for consolidation at 10350-10850 retaining positive undertone while S&P500 hold sideways play at 3130-3390 & managing hold above midpoint 3260...3/N
Read 15 tweets
#livetrading #StockMarket #Nifty #niftybank

I have attached glimpse of our WhatsApp broadcast that we help our fellow members to trade.

Note: it's not possible to WhatsApp and trade together, i'm helped by my team member - who's job is to just type 😁
Read 3 tweets
What’s this week in global financial markets in the final lap of July?

Global equities in slippery track on elevated terrain with sell-on-recovery urge, Treasury yields down from safe haven & dovish outlook, USD beaten down below big picture and Gold in unrelenting mode...1/N
It’s not the time to give up when pump-priming fiscal stimulus is not yet over, high probability of FED moving policy rate to sub 0% and positive outcome on C-19 vaccines; on the downside, yet to get grip on C-19 impact on economy, livelihood and lives, still in the dark...2/N
NASDAQ losing steam at 9850/10000-10850/11000 (post high punch 10839) is fine while finding comfort at 10058-10503 and S&P500 in comfort mode at 3130-3393 despite last mile resistance force, while DJIA fail to hold at top-quartile 27100-29568 but feel good at 25500-27500...3/N
Read 15 tweets
I would like to show you a strategy by which you will be able to earn Rs 2 lac per week. How many are interested?

What is required:
a) minimum capital required to start is Rs 10 lacs
b) immense discipline
c) tons and tons of patience

Tuition fee: minimum 100 retweets🙂
Friends, just to clarify, this is not some weekend timepass... I am dead serious... I am trading this strategy personally and will share the backtest results also...

all I ask in return is min 100 RT for wider knowledge sharing...
Some more info... strategy requires "zero" screen-time during market hours (maybe just couple of mins to punch orders)... so perfectly suitable to even part-time traders (who have a full-time business/ office job)
Read 99 tweets
India MPC session is distant away (4-6 August) and retention of buy mode on run upto policy verdict is 12 trading sessions away; what could be pre-policy outlook when nothing major to emerge on policy rates - either pause or 25 bps cut, both considered non-event at this stage!
There’s no issue on system liquidity but what matters is the usage of it adjusted for reverse flow into R/R counter! This is what @RBI should work on before tinkering with policy rates when operating policy rate is already very low at 3.35%! How to cut the R/R flows to zero?
LAF corridor expansion at 3.35-4% (upping the spread from 25 to 65 bps) haven’t helped, bringing the need to think different! So, (a) R/R rate cut is no sense (b) Repo rate cut is irrelevant when not in operation bringing the need to (c) close of R/R counter or through auction
Read 5 tweets
What’s this week on global & Indian markets?

US equities retain risk-on mode despite most in disbelief (obviously so, when liquidity push not backed by fundamentals pull) while Treasuries gain (risk-balance) appetite and USD undertone shift from risk-off to value-buy mode...1/n
NASDAQ Index lead the equities show leaving Feb’20 high 9838 (and 2019 close 8972) way behind with July high punch at 10824 and S&P500 hold on to top-quartile play of 3130-3393 (building steam for new high), while DJIA in struggle for hold at 27100-29568. Good so far...2/n
Retain view that upside momentum is valid through Q3/2020 & run upto November US Presidential election major event risk. Till then, NASDAQ downside protection is firm above 9850-10000, S&P500 at 3000-3100 (for over 3230) and DJIA at 25000-25350 (pull bias towards 28538)...3/n
Read 16 tweets

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