Chief Markets Editor at @Samco_India
Price Action Believer, Seasonality & Time Cycle Observer, Editor, Photographer, Thinker... Tweets are for education only
Oct 19, 2020 • 22 tweets • 20 min read
Do you believe #markets are #cyclical in nature?
Do you think #history#rhymes, if not #repeats?
Do you agree #greed and #fear are two main forces in the market?
If answer of above Q's is yes then following tweets will solidify ur view if its a no then they will change ur view.
Above is a monthly chart of #Sensex. It goes through an alternating #greedandfear cycle of 8 years. Sensex moves up in greed phase and consolidates in fear phase. It was up 469% in greed phase of 1992. was up only 20% from 1992 to 2000. From 2000 to 2008 it was up 271%.
Sep 28, 2020 • 12 tweets • 10 min read
Have you ever felt that you have lived the present situation before? Its called #Déjàvu. Right now I'm experiencing this moment in the markets. #PSUBanks are going through tough times. But this isnt new. They were in a similar situation back in 2016. (1/n)
#PSUBanks were dealing with NPA's and losses in Mar 2016. Their troubles are amplified after the #COVIDー19 outbreak. But it seems worst is over. Here's a weekly chart of #NiftyPSUBank index. (2/n)
Aug 31, 2020 • 5 tweets • 4 min read
#Market#breadth is weak despite 100 point gap up in #nifty...quite unusual considering the recent rally in broader markets👀 Lets see if it catches up during the day
#Humptydumty#nifty had a great fall...is this the #top?
Aug 28, 2020 • 13 tweets • 15 min read
I believe #ratio#charts are one of the most underrated and underutilized tools in #technicalanalysis. Do you agree?
Ever wondered which stock to chose between the two?
He adds another #RTM: 4 Week EMA / 12 Week EMA on the #charts to get a holistic view
So the two #RTM's work like a MACD except that an #MACD plots the absolute difference between 2 mvng avgs. But since we are dividing one avg with another in #RTM we can use it to compare one stock with another which we cant do in a MACD.
Jun 13, 2020 • 20 tweets • 5 min read
My friend @VMK100 sent me this insightful short note on mental fitness for traders by @normanhallett. I'm summarizing the points worth learning in this thread for the benefit of #trading community. 1. You've got a superb #tradingsystem...so why are you losing?