In the thread ⬇️ 1. #Nifty Range for the day 2. Nifty Breadth 3. #Banknifty range for the day 4. Banknifty Breadth 5. #Sector Breadth 6. #Derivative Analytics 7. Summary
1/10
1. Nifty below TMA is bearish 2. Currently near the support zone 3. If Nifty goes below 15860 it will increase the chances of reaching 16670 levels or further below
2/10
Nifty Breadth is cooling off which is a good sign for the markets
The most relevant indicator to understand and evaluate market sentiment
In this thread: 1. What is a breadth indicator 2. Different types 3. How to use it
Concept Thread 🧵⬇️
Breadth helps to evaluate the market sentiments by measuring the number of stocks above and below particular criteria.
2/49
When a trend is strong: most of the stocks are moving with it, and new trades in the direction of the trend may not prove to be profitable or affordable from SL standpoint many a time.
In the thread ⬇️ 1. #Nifty Range for the day 2. Nifty Breadth 3. #Banknifty range for the day 4. Banknifty Breadth 5. #Sector Breadth 6. #Derivative Analytics 7. Summary
1. Trading below TMA 2. TMAs are turning negative 3. When TMAs are in the process of becoming negative = #markets generally go sideways 4. Expect sideways to #bearish action
1/12
Did you try predicting momentum in stock but failed? This thread is for you.
In this tread, we will discuss the concept of Momentum Trading using Relative Strength to identify a perfect trade setup which will have high accuracy and small SL.
Strategy Thread 🧵⬇️
2/12
Relative Strength is a behaviour of stock w.r.t Benchmark or Sector. That means it is a method of identifying stocks or instruments that are relatively strong or weak either against benchmark or sector.
3/12
If you are following me for some time now, you know what is momentum.
1/19
Have you ever thought of considering #CAGR for your #trading?
If not, this thread will give you a new insight into how CAGR can be used for trading as well as in investing. I have been using this concept for a long time now.
🧵⬇️
2/19
CAGR stands for Compound Annual Growth Rate. This shows - at what rate the stock/index is growing year on year. In my terms, how much wealth it has generated for the investor. I have not come across any other ratio which gives this information.
3/19
In technical terms: CAGR is the rate of return that would be required for an investment to grow from its beginning balance to its ending balance, assuming the profits were reinvested at the end of each period of the investment’s life span.
It is when price & indicator are giving a different set of information. For instance, if price is going higher but indicator is not or viceversa, this shows that there is a dispute. In ideal case scenario – If price making high, indicator should also