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The Average Trader.

@icanseeyourpix2

7 Jan

A Thread🧵on Mean Reversion and how it can help you in your trading journey.

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So Mean Reversion basically means when the price of the asset tend to converge to the average price over time.

Continued....

Here the asset could be anything like - Nifty, gold, bonds, any stock etc.

And the average could be anything like 20, 50, 200 day moving average.
So what happens is, price tends to test its average after spend fair amount of time away from it.

Let's try to understand it with an example.
So as you can see in this example, the price deviated very far from it's 200 DEMA, but at one point started consolidating and waited till the average caught up.

Read 13 tweets

The Average Trader.

@icanseeyourpix2

4 Jan

How to successfully catch a reversal and points to look for ( A thread🧵)

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So unlike buying a breakout, catching a reversal is quite tricky and more risky because a stock is already in a downtrend, it's like catching a falling knife.

Continued...

But if done properly, can be quite rewarding.

The 1st basic and one of the most important tool you can use is good old 200 Day moving average.

So 1st of all, look for stocks approaching their 200 Day MA.

2nd thing, look for most obvious area that could act as a support, like - previous breakout region, previous consolidation, Fib retracement or moving average
Anything that looks like obvious support zone.

Read 14 tweets

The Average Trader.

@icanseeyourpix2

1 Jan

A Thread (🧵) on India's Digital payments system and banking sector.

Let's start - India’s digital payments ecosystem has undergone a huge transformation with events like
demonetization and the COVID-19 pandemic necessitating a more efficient, user-friendly

1/n

and cost effective interface.

The RBI’s digital payment index (RBI – DPI) almost tripled to 271 in FY21 from the base year of
FY18.

The digital transactions value stood at Rs 147trn in FY21, of which large credit transfers is 72%
& Retail payments - 28%

2/n

In value terms, total payments grew at a
CAGR of 11% in FY12-20 but declined in FY21 due to the pandemic.

In volume terms total payments grew at a CAGR of 44.5% during FY19-21.

3/n

Read 25 tweets

The Average Trader.

@icanseeyourpix2

24 Dec 21

HOW TO FIND STOCKS THAT ARE OUTPERFORMING THE MARKET ( A Thread🧵)

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Its very hard to make money in current environment as most of the stocks are down 20-30% and Index itself is making Lower High and Lower Low.

Continued....

So we're gonna try to find stocks that are outperforming the market and will help us make some money using the concept of RELATIVE STRENGTH.

So what is Relative Strength?
Relative strength is a strategy used in momentum investing and in identifying value stocks.

It focuses on investing in stocks or other investments that have performed well relative to the market as a whole or to a relevant benchmark.

So basically in simple terms it means look for stocks that are moving in the opposite direction or not falling as compared to index.

Read 10 tweets

The Average Trader.

@icanseeyourpix2

19 Sep 21

AUTO SECTOR TECHNICAL ANALYSIS

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Let's start with analyzing #Niftyauto -

Gave H&S breakout but look support on 200 EMA and reversed. Need to cross right shoulder to confirm the reversal.

Now let's take a look at few auto sector companies charts.

Let's start with the one with the strongest chart - #BalkrishnaIndustries

Trading near ATH levels, when the whole nifty auto index was going down, it corrected only 10% and was the 1st one to recover.

A close above 2560 will take it to a target of 2776.

Next one we're gonna take a look at is - #eichermotors

Finally crossed the gap region (2850) that was acting as resistance. With good volume expansion.

If closes above 3037, can easily reach 3223 & 3348.

Read 8 tweets

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