Discover and read the best of Twitter Threads about #nifty

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Alert: 1. long 🧵 ahead.

2. This is a study of a financially illeterate person having no finance or stock market background that's me.

Study the companies in details before any investment decision.

Not any recommendations,for educational purposes only. (1/n)
How much companies should one hold in his #Portfolio?
The million dollar question.

Over the years,after making huge losses in #market being a financially illeterate person, I started studying some great authors.
From their teachings, what I have learnt I can share with you.(2/n)
David Einhorn mentioned that as Joel GREENBLATT pointed out,holding minimum 8 #Companies in your #stock #Portfolio reduces D concentration risk more than 80%.

I personally never had a portfolio less than 8 #stocks .

But your study may vary as I am financially illeterate.(3/n)
Read 17 tweets
This is chart of #banknifty this expiry.
Do you know, using a simple concept of #PriceAction would have made you 65 lakhs with a capital of 1 lakh.

Read on..
This is first part of series of threads on Price Action Concepts.
Today we'll be dealing with..

Now the definition of these two you must be knowing, I'll cut the chase and deal directly with the best way to draw them .
Read 19 tweets
Journey of most typical trader.

Before we move forward, kindly like and retweet if you find our content was interesting.
🎯 Swiping TV channels and anchor shouting that investors gained lakhs of crores in a day.
🎯 A friend flaunting that he has earned 5-10K today.
This 5-10K is the monthly salary of many.
🎯Inspiration from Profit screen shot of twitter traders.
After encountering with one among above case, you opened demat account and put 10K as initial capital.
First day of trade, you took very less quantity, say 10 quantity of a share. It came down but you held. at end of the day it went up above the buy price and you booked profit.
Read 22 tweets
Freak trade - A daylight robbery?

Before we move forward, kindly like and retweet if you find our content was interesting.
It was a calm trading day on last trading day of the week and from nowhere price shooted up in some of the contracts disrupting everybody's self esteem!
If we go through past two month's history, this was the fifth/sixth price surge. Past surge were on
🩸On 5th July, Nifty Futures surged 805 points.
🩸On 28th July, Nifty futures made downmove of 530 points.
🩸Bank Nifty 37000 strike price surged 2000 points.🩸Nifty 16450 for August expiry rose by 700 points.
🩸Bank Nifty 37100 PE surged to 1921.
Read 17 tweets
Learn & Earn "ABC" of Trading:
Corrections are primarily-Zigzag & Flat
Flat's sub-waves 3-3-3 or 3-3-5
You see "A" with 3 sub waves, "Flat" in play
The range bound price action is bullish.
Established "17210-17310" range.
Break out & break down beyond this.
#Nifty below 17284 would move lower as in an "Irregular flat" (Remained below 17325 but made a high which is higher than 17312)
Learn & Earn "ABC" of Trading.
Making money with "Flat" corrections.
Read 7 tweets
When Elearnmarkets was born, our goal was simple: educate and groom better Stock Market participants. It's the same, even today.

Here are some blog posts you can go through if you are trading in the Indian Stock Market:
( 1.) 7 common reasons why traders lose money in Intraday Trading:

Intraday trading needs good strategies and not intuition. Learn these factors which might be responsible for your losses.
( 2.) 10 Proven Strategies to Always Stay In Profit:

Booking profits is all about patience and grit. Learn these strategies to stay ahead of everyone.
Read 7 tweets
Thread on Options in Low Vix High Vol. Environment

At times when Vix is ultra low, premiums are less. As a seller it gets difficult to sell less premiums. If there is a fake move against your direction, it hits the stoploss or forces you to liquidate the position 1/n
only to see market going in your direction. Being a Positional Option Strategist on weekly option then becomes a challenge. How I am coping up with this change....? A thread...

I do not sell cheap options even if its positional 2/n
i.e. bear call spread of 20 point benefit against a max loss of 180 etc in #Nifty or 40 point gain for a 260 point loss in #BankNifty.

Any strategy I create, my priority is to make a strategy with Max_Loss:Max_Profit ratio of 1:1. 3/n
Read 13 tweets
As Nifty is at ATH, it wld be good tht we refresh our memories with an interesting topic. This thread will concentrate on few common mistakes tht are made by Retail Investors. Many might already be aware bt it’s always good to go back to drawing board😉
Here we go;
1. Cloning Investments/Ideas of renowned investors or someone they follow or admire without doing self-due diligence (For more details on this topic, read separate thread on link below 👇)

2. Selling ur winners & adding on losers – Gen mindset amongst retail investors is tht stks trading at 52wk high is Expensive & stks trading at 52wk low is Cheap which may nt be always correct. They end up selling stks making high in their portfolios to avg out losers making lows
Read 18 tweets
Common price action trading mistakes that cost me lakhs of rupees:

A thread 🧵

1. Front running the market based on my analysis:

Any analysis we do should be proved by market as correct before we jump into a trade.



Mr. X marked 1500 as a strong support in HDFC Bank. Next day, stock opened at 1510, came down and hit 1500.

ABC went long in the stock. A few minutes later, stop got triggered. What went wrong here?

1500 is support for HDFC bank as per Mr. X but he did not wait to check if market validated his opinion.

At supports and resistances marked by a trader (you), wait for market to show the stock is actually taking support/resistance at those levels.

Read 16 tweets
Sharing a few #BankNifty & #Nifty strategies, that we deployed last week. Purpose is to assist retail traders to shift to lower risk trading. These and more similar ones were shared with followers of channel and my premium group, i2gainPremium.
any queries with respect to these are welcome on Twitter and our telegram discussion group
This #BankNifty period spread gave cool 9% in one day - Wed - Thursday, though we could grab some 5.6% only, closed the position around 2:30 P.M.
Read 10 tweets
As Mercury approaching it's exaltation sign Virgo where Venus is already present debilitated.

The two friends together will humble each other. This will result in share markets & economic activity going high

The markets will touch more highs

#Nifty 17000
However the cancellation of Deb. for Ve & Me exaltation could create a sort of euphoria which could be beyond logic.

Somewhere in October when both planets approach Scorpio & then Sagittarius & finally Capricorn a major correction could happen.
The melt down of this time happening alongside Jup Sat in Capricorn could give birth to a new system or some fundamental systematic changes may happen.
Read 5 tweets
#BankNifty outperformed broader #Nifty after a long time, looking at the momentum today, we may see it touching much higher levels in next few days. Please refer to following quantitative and technical post market reports for details.
#HDFCBank #icicibank and #SBIN led the rally today, look at #KOTAKBANK #AXISBANK & #indusind too.
Important levels are mentioned in following note.
Subscribe for Free :
Read 3 tweets
#Nifty OI shed 9% on a day the saw Nifty future lost 0.83%. Clear signs of long unwinding at higher levels. Future segment participants are not as bullish as they were . . . .
#Nifty50 #BankNifty #Niftybank
#Nifty IV gained over 18%, as the index moved in opposite direction. Further expansion of IV is possible.
#Nifty50 PCR dipped further to 1.23, well in the lower zone of the range, oversold markets. (ignore 22 Aug data in the chart).
Read 9 tweets
Today's strategy
1. Well today's strategy was framed on Wednesday itself.In last 3 weekly expiry of Aug month, bank nifty struggled at 36200-300 levels.
2. Nifty gave a breakout above 16000 on 3rd Aug and Bank Nifty above 36000 on 4th Aug.
3. Now from 16000, Nifty touched a high of 16701.85 on 18th. Aug but Bank Nifty was not able to close above 36200.
4. This repeated failure of bank nifty to give closing above 36200 showed it is clearly getting weaker every day and as the monthly expiry was starting from today
there will be unwinding pressure from smart money who went long on bank nifty at start of Aug expiry. Clearly time was running out for them.
Read 6 tweets
40 Bitter Truths I wish someone told me when I started my Investing Career:

1) The next time is never like the last time.

2) Saying "be greedy when others are fearful" is much easier than actually doing when the opportunity arises. Image
3) The market doesn't care how much you paid for a stock or what you think is a fair price.

4) In expert tennis 80% of the points are won,
while in amateur tennis, 80% are lost.
The same is true for investing: Beginners should focus on avoiding mistakes.
5) Being emotionally detached from your stocks will save you from a lot of blunders.

6) It is hard to time the markets. Predicting the short-term direction of the stock market is futile. The long-term returns from stocks are relatively predictable.
Read 23 tweets
#BankNifty OI and index future declined today. Looking at small change in OI on a day when Index has closed weak (lowest level of 12 sessions), can we read it as undecided participants ?
#NiftyBank #Nifty #Nifty50
#BankNifty PCR at 0.69 is lowest since July 28th, such low levels of PCR are seldom seen, indicating oversold markets.
#BankNifty IV raised to 17.5 from 15.82 on Friday, this is on expected lines for a day like today. One can keep an eye on IVs tomorrow, decline only will ensure sustainable rise and vice versa.
Read 6 tweets
Today's Strategy
1. Bank Nifty opened at 36225 which was high for the day. What gave conviction to sell when bank nifty opens up 300+ pts ? Well there was good news on HDFC Bank as RBI had revoked it's ban on issue of new credit card.
But I knew that Hdfc bank was the only bank which was strongest in bank nifty( apart from ICICI) and it had rallied from 1410 to 1515 in past 20 days.When a stock rallies 20 days prior to news it means the news is in the price already.
Smart people already bought HDFC bank at 1410 expecting this ban revocation. So if it's opens up 2.77%, all good news in the price and there is no further news for buying it. Infact smart people who bought at 1410 will book profits
Read 6 tweets
🩸FIBONACCI retracement and GOLDEN RATIO - PART 2

Before we move forward, kindly like and retweet if you find our content is adding something to your knowledge.
We have described how interesting Fibonacci numbers and ratios are and how it's been formed in PART 1 of this series. In PART 2, Lets see how we take trade based on fibo.
🎯How to draw Fibonacci levels?
Drawing Fibonacci retracemnts are fairly simple. The main point we look into is, If the direction of retracment is up or down side.
✅ If the trend is up, choose lower point and a higher point. Connect lower point with higher point using Fibo tool.
Read 16 tweets

Before we move forward, kindly like and retweet if you find our content is adding something to your knowledge. Image
🎯Journey of fibonacci traces back to ancient Indian mathematics. However, Leonardo Pisano Bogollo, an Italian mathematician is considered as father of fibonacci numbers.
🎯Fibonacci numbers are sequences of numbers starting from zero arranged so that the value of next number is the sum of the previous two numbers. Sequence starts with 0,1 always.

Sample of Fibonacci sequence is as below:
0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233......
Read 12 tweets
#BankNifty has been moving within the broad range for some time, but it is perhaps at weakest level since it entered this range on May 23rd.
#niftybank #nifty #nifty50
Join for detailed BankNifty analysis and charts.
For past nine sessions, it has been trading below a long term support line that was supporting it since Sept. 2020.
#BankNifty #niftybank
Join for detailed BankNifty analysis and charts.
Prolonged underperformance with broader Nifty 50, is a sign of weakness only.
#BankNifty #niftybank
Join for detailed BankNifty analysis and charts.
Read 9 tweets
#BSE #Sensex 280 month (23+ yr) update!

Sensex trailing PE was 31.6x for July vs 32.2x for June
vs low of 15.67x on 23 Mar 2020
9th consecutive 30+PE month
after 0 instances of 30+ PE till FY20!

Highest earlier PE for July has been 28.5x in Fy01
#NSE #DII #FII #Nifty #nifty50
#BSE #Sensex 280 month (23+ yr) update!
Sensex trailing PB was 3.4x for July vs 3.3x for June
P/B is in line with 23 year avg of 3.3x.

Lowest ever is 1.7x in Oct 1998
#NSE #DII #FII #Nifty #nifty50
#BSE #Sensex 280 month (23+ yr) update!

Sensex trailing Dividend Yield was 1.03% in July vs. 0.97% in June
vs 23 year avg for 1.4%

Lower div yld means high valuation.
Finally crossed 1% after 8 consecutive months div yld less than 1%

#NSE #DII #FII #Nifty #nifty50
Read 8 tweets
Important: 🛑🛑🛑🛑🛑🛑🛑

Dr Reddy's Laboratories reported a drop in the June quarter net profit where market was expecting something great in contrast!
This caused a downward slide for nifty 50 and sensex today.

The pharma giant also said that it received a subpoena from American market regulator Securities and Exchange Commission 🛑🛑🛑🛑🛑🛑🛑for production of documents concerning Commonwealth of Independent States geographies.🛑🛑🛑🛑🛑

D matter may result in govt enforcement actions against D company in D US n foreign jurisdictions. It may lead to "civil and criminal"sanctions under relevant laws.🛑🛑🛑

Hopefully market will not be affected.
NOT a recommendation for educational purposes only.
Read 3 tweets
Trading strategy 1/n
1. Shortlist stocks above 100 DMA
2. Spot the ones that take support at 10 DMA
#nifty50 #NIFTYFUTURE #Nifty #daytrading #Sensex #NSE #tradingtips #banknifty #StockMarket #StocksToWatch #investing #NSE #stocks #StocksToBuy #forextrading #forex #ICICI #buyback
Trading strategy 2/n:
3. Limit Buy 2% below the 10 DMA support
4. SL at 1.5 ATR or exit after 5 trading days or when 3 day RSI above 50 #nifty50 #NIFTYFUTURE #Nifty #daytrading #Sensex #NSE #tradingtips #banknifty #StockMarket #StocksToWatch #investing #NSE #stocks #StocksToBuy
Read 5 tweets
Actually the problem is people makes rules but didn't follow it. Follow important levels strictly if stocks breaches your Stoploss exit doens't matter whats story is in stock. 1/3

Possible stock may run after your eating out your stoploss but if stock fail to recover & you didn't exit from stock thn you're going to blown up your account my friend. Enter again if stock shows sign of strength. Don't lost in dreams with sh*t dreams. 2/3

And final thing love your family not stock. You've to be loyal with yourself not with stock. Every time you lost yourself in dreams & big players sell their holdings to you.
Know the importance of levels. Follow it my friend. Follow it 3/3

Read 5 tweets

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