How #Fibonacci Extensions On Log-Scale Can Give Long Term Targets For #Index BullRun?
1.618 & 2.618 are most popular extension applied on Previous Major Corrections
Problem of taking #Linear projections on Long Term Chart is that they give very Small Target
Example- Nifty Major Correction in 2000-2003 bear Market Happened from 1818 to 850
if One takes the difference on linear scale & apply 1.618,2.618 extensions, it gives targets of 2416 & 3384, way too small than what Nifty achieved in next Bull Run
In Dec 2002, DXY Broke Multiyear Support Line & Went Into Longterm Downtrend, Shifting Flows to Emerging Markets over next 5-10 yrs 2. India 10 Yr Yields
Hitting multiyear lows in 2020 - Like in 2003/2009
Beneficial for interest rate sensitive industry demand
It Is An Auspicious Time For Investment, But Last Two Diwali's have Not been very Good for Many Portfolio's
How Are We Poised To Fare Between Current & Next Diwali?
A Short Thread On Our Expectations-
#Nifty & #BankNifty in Overbought Zone With Potential Of Price Or Time Correction Till Q1-2020
We Had tweeted Abt How BNF Corrections Run Five Qtr & Expected till Jun20
These Indices Are Not Budging & Sell Signal here Doesn't Mean Price Correction, Can Be time Correction
Oct 18, 2019 • 9 tweets • 5 min read
Just Amused With Queries On Such #Simple 1-2-3 Pattern, So Giving Few Current Examples In #Thread To Make It Even More Clear! Stocks Which We Traded & Tracking
After #BlockBuster Move, What Next? How Far Indices Will Travel in Next 2-3 Months? When to Expect Next Major Resistance?
Looking At All Different MarketCap Indices Provides Clues.
Lets Start With #CNXSMALLCAP Weekly
SmallCap Index Showing Major Signs Of Bottoming Out But Will Face Hurdle at 52WMA & Trendline Placed at 6100-6200 Zone
I Had Always Been Mostly #Trader With Dash Of #Investing Thrown In Between When Started Out In World Of Stocks. Last 5 Years Have Been Revelation on Investing Front. I Have Formed My Own Investing Philosophy & it Has Been Hugely Rewarding In Terms Of Strategy ..(1/n)
And The Potential it Holds Out For Future! The Basic Premise For My PhiloSophy is CAGR (Compounded Annual Growth Rate). RJ is RJ Because of Phenomenal 40%+ CAGR Since 80's. So Basically, Achieving High CAGR Over Long Period Of Time is All That Is To Wealth Creation (2/n)
Oct 5, 2018 • 7 tweets • 3 min read
Pulling Out Two Slides At #DECMA Presentation In March This Year Detailing #Cycles Of Stock Market and Where We Are At Current Juncture! The #BennerFibonacci Time Cycles Point That Major Stock Market Cycles Happen With 8-10 Year Difference Between Consecutive Tops & Bottom (1/n)
We Had Major Market Tops In SENSEX at 1992, Followed By 2000 (8Yr), Followed By 2008(8Yr).. Now We are in 2018 (10 yrs). There Are Intermediate Corrections Also In-Between. The Difference -Correction After Benner Time Cycle is Complete Are Severe With Index Dropping 40-50% (2/n)