Sumit Verma Profile picture
Trader. Analyst. Studying markets since 2008. Intermarket and Sentiment analysis. Trend follower. Exploring quants. Problem solver. Food lover. Movie buddy.

Sep 22, 2017, 21 tweets

F&O stock basket - definitely not a Bull Market's FRIDAY screen.

It was #FirstBlood in the morning... now its a #massacre.

History repeats.. #Friday 's screen repeated today. Only 10 stocks positive in F&O basket.

and it repeats again..

Much Better Market Breadth today. However, Largecap names missing from gainers, if that happens, market to reverse.

Much much much better screen today. Good names holding up.

The intraday decline looks more like a "SCARE"... no real confirmation from market breadth screen.

#Nifty is up 130pts from the previous scare day. Now above 50 DMA. "Sell on rise" guys are very active at CMP. Market Breadth screen is +ve.

Despite everything #bad, #Nifty has posted 4 consecutive positive days after 7 negative days. #Slow and #Steady recovery.

Good market breadth again today. #Nifty

#Nifty up 2% from the "SCARE" day 29th Sept'17. "Sell on rise" r still active & 'hopeful'. Market breadth screen telling a different story.

and Strong is getting stronger. #Nifty #MarketBreadth

Yet another strong Market breadth today. #Nifty

Today #Nifty

and momentum in Market Breadth continues #Nifty

Superb market breadth after a weak Muhurat Trading. #Nifty

Today's market breadth is absurd. Would not call it Bullish. #Nifty

Market breadth was Bullish but.... not convincing. 52000crs cash t/o in NSE for second consecutive day. Many stocks decline with higher vol.

This looks dangerous... #Nifty (short term bias)

Today's screen #Nifty #F&O

Today's screen looks like we are in an Uptrend (Market forgets the recent past past faster than we do). #Nifty

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