The Chartians Profile picture
Jan 29, 2023 21 tweets 11 min read Read on X
I studied & decoded every #Budget from 2012 - 2022 so that you don't have to.

Interestingly every #Budget has a pattern, which needs to be cracked. So i did it for you !

Like and retweet appreciated : telegram.me/chartians

Detailed explanation below 👇👇
#Budget2023
Budgets under Modi Regime and their returns.

Arun Jaitley - 2014 :: 2018 (-0.23, 0.65, -0.61, 1.81, -0.10)

Nirmala Sitharaman - 2019 :: 2022 (-1.14, -2.51, 4.74, 1.16)
1 Week Pre and Post #Budget moves
Data credit @nitinmurarkasmc
1 month Pre and post #Budget
Data credit @fiidiidata
Some more facts !
Some more facts here :
1,00,000 invested on Budget day and held on till the next Budget gave you following returns :

2012/13 : 13.11%
2013/14 : 0.40%
2014/15 : 51%
2015/16 : -18%
2016/17 : 15%
2017/18 : 28%
2018/19 : 0.26%
2019/20 : 5.75%
2020/21 : 23%
2021/22 : 20.72%
Budgets have been of a silent nature historically, the main game begins after budget or the game is over before the budget !

So lets see year by year data below !
#Budget2012

1. Markets had straight 6 weeks of incline gaining 17% but later corrected the 14% gains.

2. Interesting part was that, market came out of bear grip after nearly 2 years.
#Budget2013

1. This year markets saw a major top and corrected nearly 17% from 2013 budget to September 2013.

2. If you had invested 1Lac on 2013 Budget day, you would be sitting with 0.36% returns (less than FD)
#Budget2014

The budgets ka baap, also because newly elected Modi regime took over.

This budget delivered probably the highest returns close to around 50% till the next budget.
#Budget2015

This budget delivered negative returns of 18% till the next budget.

If you traded this year then you must remember 24/08/2015 market dip, where we saw a 6% down day
#Budget2016

Markets bottomed out and went on to deliver around 26%

This was also the year of URI strike and the infamous Demonetization of currency !
#Budget2017

The flattest budget day with a nearly 28% rise on the indices.

Markets in 2018 went on to top out and correct till March 2018
#Budget2018

Flattest budget ever that delivered 0.26% returns till the next budget
#Budget2019

Same story, but meanwhile we saw the historic corporate tax cut.
#Budget2020

Who doesn't remember this budget ?
And obviously the year !
Before going ahead and trading on #Budget day here are some tips :

1. Crisp risk management will decide your fate

2. Option buyers to stay away as every move will be against you

3. Stock specific action will be inflated by news, so prefer to do positional with half the risk
If you have come till here dont forget to join our telegram.me/chartians channel where nearly 23,000 traders interact daily !

Our instagram is loaded with 30 seconds reels everyday : instagram.com/tradingcoachch…
Like and retweet this original tweet for more such fine tuned content :

• • •

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

Keep Current with The Chartians

The Chartians 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 @chartians

Apr 21
8 BULLISH BREAKOUTS FOR COMING DAYS 📈⭐️

1. #Trent 4158

1/8

For trades : telegram.me/chartians
Image
2. #Prestige 1231

2/8 Image
3. #Natcopharma 999

3/8 Image
Read 9 tweets
Feb 7
Google sheets is used by almost 99% people in the world 🌎

Most people don’t know how to use it for TRADING and INVESTING purposes 📖

10 features everyone should know :
How you can use some secret features of Google Sheet and Google Finance in your trading together?

5 things that a trader should know and implement:
GOOGLEFINANCE(ticker, [attribute], [start_date], [end_date|num_days], [interval])

Above function is a basic one.

Let's decode each parameter in this:
1. Ticker: This is the symbol of the stock.

"NSE: RELIANCE" is the ticker for Reliance Industries Image
Read 13 tweets
Feb 3
99% of traders rely on some kind of indicator to back their conviction.

It's not bad to use indicators. However, before applying them, a trader should understand how these indicators are derived or calculated.

Here are 10 widely used indicators by traders and institutions: 👇🏼👇🏼 Image
This thread is in collaboration
@OmkarBanne

He is a fellow trader and all credits to this thread goes to him. Image
1. Moving Averages

- Calculates the average price of a stock over a specified period of time & helps traders identify trends and support/resistance levels

- Most commonly used MAs are 10, 21, 50, 100, 200 Image
Read 22 tweets
Jan 31
13 Stock Chart Patterns that You should know 📈💹

A thread 🔗💬
On a very basic level, stock chart patterns are a way of viewing a series of price actions that occur during a stock trading period. It can be over any time frame – monthly, weekly, daily, and intra-day.
If you can learn to recognize these patterns early, they will help you to gain a real competitive advantage in the markets. Just as technical indicators can help your technical analysis trading, stock chart patterns can contribute to identifying trend reversals and continuations. Image
Read 17 tweets
Jan 27
#Darvas Box is used by 99.99% of stock traders in the world.

It is the simplest strategy of buy and hold.

But most people still don't know how to use it.

Here are 10 basics everyone should know:
Darvas Box is named after Nicolas Darvas, a dancer, and self-taught investor.

He discovered "Box Theory" after gaining experience from the market and he believed that the shares which move up and down the chart move in a specific box pattern.
There are some conditions of using Darvas Box and we will discuss only the buy strategy:

⚡️ Stock should be trading near all-time high levels
⚡️ Fundamentals of the company should be good
⚡️ Volumes play a crucial role

Prefer to use it daily time frame and above.
Read 11 tweets
Jan 22
Many traders in the initial stage blow their capital due to improper position. sizing and then they say "Trading is Gambling!"

With this learning thread on POSITION SIZING and RISK MANAGEMENT we will help you to avoid the biggest blunder that the traders do in the initial phase!
We often receive direct messages from our friends who find themselves stuck in trades, experiencing losses of up to 70% of their trading capital.

After the market closes, they ask us whether it was a correct trade or not.

Heavy position sizing doesn't let you sleep peacefully.
We have created a position sizing excel model which can guide you in taking proper quantity in any trades without risking huge capital.

We will split this thread into three parts:

1/ Analyze the trade
2/ Calculate the position sizing
3/ Execute your plan
Read 17 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!

:(