Share this page!

Enter URL or ID to Unroll

You can paste full URL like: https://x.com/threadreaderapp/status/1644127596119195649
or just the ID like: 1644127596119195649

How to get URL link on X (Twitter) App

  1. On the Twitter thread, click on or icon on the bottom
  2. Click again on or Share Via icon
  3. Click on Copy Link to Tweet
  4. Paste it above and click "Unroll Thread"!
  5. More info at Twitter Help
Nooresh Merani Profile picture
@nooreshtech
May 27, 2020 • 3 tweets • 2 min read • Read on X
#Nifty up 0.35% #BankNifty 1.8% .. After a long time #Banks leading for the day. Ideal setup for a bounce in #Banks and #Financials.
Nice bounce from 1.8% to 5% up for the day. Can it go all the way to 18800/20000 on Bank Nifty?
20000-20200 is the critical resistance in the coming weeks.

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with Nooresh Merani

Nooresh Merani Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @nooreshtech

Nooresh Merani Profile picture
Sep 28
Nifty50 RSI at 80. Sell Everything and Run Away

Did you all get this Forward/Post of how #Nifty of how 80 RSI was followed by a Correction !!

A Thread.
Image
Image
A) March 1992.

Nifty50 index started in 1996 with a 1-2 year backdated data. NSE started operations in 1994.

So I have no clue where the 1992 data came from. Sensex monthly RSI was 92 in 1992 in 1985. So that also does not match
B) Dec 2003.

My data shows 78.5. But fits the Curve and Narrative.

The next 4 months are sideways. May 2004 elections led to the 30% correction.

So now we start with the actual 80 + RSI instances.
Read 11 tweets
Nooresh Merani Profile picture
Sep 23
#SEBI - Profit Loss Analysis of #Individuals in #Derivatives

Total Traders = 1.13 cr

93% of #individuals made losses.

Total Loss = 1.8 lakh crores.

Transaction Cost = 50k cr

Only 1% of Traders managed to earn more than 1 lakh!!

A THREAD
1) #Futures Profit But #Options Losses

FY 24 all Individuals

Individuals made losses in Options to the tune of ~ ₹55,000 crore in FY24, they made profits to the tune of about ~ ₹13,400 crore in Futures.
2) But Everyone wants to trade only #Options

FY24

94.2% traded only Options
5.1% traded both Futures as well as Options.
0.7% of the F&O traders traded only Futures.
Read 10 tweets
Nooresh Merani Profile picture
Aug 6
The Rotational Bull Market !!

This Bull Market has been Unique in terms of No Single Theme being the Leader for a long period.

Read PDF
rb.gy/mo19dw
If we go back in History.

> 1992 was about Cements and other cos driven by Harshad Mehta.

> 2000 was about IT & Telecom – K10 stocks of Ketan Parekh

> 2008 was about Real Estate, Infra etc.
Bear Markets after that saw 60% drawdowns.

Post this period  we have seen more and more Rotational Bull Markets in Sectors/Themes but no Central Leadership.
Read 17 tweets
Nooresh Merani Profile picture
Jul 10
#Snippets

A few interesting snippets from different notes.

1) DIIs narrowing the gap with FIIs.

Can we see DIIs>FIIs in coming years ? Image
2) #India narrowing the gap with China in MSCI weightage Image
3) Last 5 years Sensex Growth= Earnings Growth

Valuations Expensive or Justified? Image
Read 10 tweets
Nooresh Merani Profile picture
Dec 31, 2023
Setting the Stage: World Indices Setup for 2024

AEX - NetherlandsImage
ASX All - AustraliaImage
ASX 200 - AustraliaImage
Read 23 tweets
Nooresh Merani Profile picture
Dec 1, 2023
10 Most Interesting Videos on the CFA Society India Channel.

Take your time and go through them. Would recommend attending the physical events too.

@CFASocietyIndia
1) Brave New World | Ritesh Jain, Co-founder, Pinetree Macro.
He spoke about the liquidity way of investing, Tracking the global liquidity flow across past decades, how liquidity impacts economies, market returns based on liquidity.
2) Dimensions of Mistakes in Investing |
Utpal Sheth, CEO & Senior Partner, RARE Enterprises. He spoke about importance of overcoming natural instincts in investing, focusing on the long-term strategic picture, and sizing bets to match one's conviction.
Read 11 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

Send Email!

:(