Share this page!

Subhadip Nandy Profile picture
Twitter logo
May 9 • 5 tweets • 3 min read
These are current technical charts for Nifty fut and BankNifty fut
These are the current COI status, strong short buildups
And this type of chart posted by anyone is a joke
When the only logic the bulls have is " itna gira hai kuch toh bounce dega" or only hope is a "dead cat bounce", the malaise is deeper
#quant #trend
Will think of bullishness only if Nifty fut closes > 17150 and BNF >36500

• • •

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

Keep Current with Subhadip Nandy

Subhadip Nandy 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 @SubhadipNandy16

Subhadip Nandy Profile picture
Apr 19
My day trading process honed over years where I made all the mistakes in the book, got frustrated, learnt and then have come down to this process. This is my process, yours may differ. Take what suits you and discard the rest.
1. Having a end of day / higher time frame view. I create a view based on eod and 55 min charts, study COi , options chain , do some data analysis.
Net : bullish or bearish or neutral(kuch samajh me nahi aa raha hai)
If neutral : no daytrades till 10 am, position size / risk is 25% of normal risk.

( btw, I am talking from the POV of an options buyer)
Read 20 tweets
Subhadip Nandy Profile picture
Apr 18
I have stopped commenting on the various daily shitshows on twitter where someone or the other is targeted on a daily basis and abused due to any small perceived indiscretion which they have done. But this attack on @vivbajaj takes the cake. Seriously.
Tens of thousands of traders have benefitted from his free content and his economically priced very robust app which has gone from strength to strength. He posts one pic with another trader with his PnL and the hell breaks loose, he is the ultimate villian.
Interestingly, majority of the 'messiahs of retail' leading these attacks have launched and failed with their own various products, from advisories to algos to trainings.
And @vivbajaj is successful. So the old case of sour grapes ?
Read 4 tweets
Subhadip Nandy Profile picture
Apr 18
The whole range since Aug 21 got broken and closed below it in a single day price action coupled with sharp rise in COI ( COI has seen strong short buildup even before results)
View : massive distribution has taken place, more pain ahead
ICICIBANK results this weekend. Chart flashing warning signs, no clues from COI yet. Will be closely watching COI behaviour till Friday
Interesting setup on ITC. Early signs of negative divergence but no confirmation from prices yet. COI suggests strong long buildup. Playing this with a closing SL of 262, target may be 300
Read 5 tweets
Subhadip Nandy Profile picture
Apr 18
"A real conversation always contains an invitation. You are inviting another person to reveal herself or himself to you, to tell you who they are or what they want."

- David Whyte.
On Twitter, conversation is limited to set number of characters. Within that too, people who practice the art of conversation immediately grab my attention. Two names which immediately come to my mind are @KatariyaPran and @SarangSood . Their writing style attracted me.
I too fancy that I am good with words, so rather than writing mundane I attempt to bring in some interesting twist when I tweet ( mom being an English teacher has a big influence)
Read 5 tweets
Subhadip Nandy Profile picture
Mar 20
The most important question now on the mind of all analysts and traders. Is this a bear market rally or is this the start of a bull move. Retweeting this as I will need a few tweets to explain my view
Everyone knows the HH-HL or LH-LL as per Dow theory. This can be a bit confusing on how one marks the Highs and Lows. Long back, I picked up this trick from one of the neo-Dow theorists on what to do in scenarios like this
Simply plot a 5 period exponential moving average on a different panel. A 5-EMA simply shows you a running weekly perspective and kind of smoothens the price where a single spike high/low is not of that much importance
Read 9 tweets
Subhadip Nandy Profile picture
Mar 8
A bit drunk. But need to get this off my chest publicly.

A few months back a large trader came to kolkata. Wanted to speak to me personally regarding some trading issues ( not models or methods, mainly psychology). He was a student of mine a few years back.
We spoke, issues I am not at liberty to discuss. Suggested some pointers.

What I noticed was his size, probably 20-50 times more than mine.

I did have the capital, but not the #jigar
Being from a middle class family, a school teacher mother and the experience of blowing up earlier, I was obsessed / fanatical about risk mgmt
So my size was small/managable at a max 0.25% max risk of my capital at any given trade
Read 5 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 on Twitter!

:(