I help investors and traders by bringing actionable insights and strategies to take the right decisions in market.
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?
Most of us have never seen a market crash like this earlier. But it doesn’t mean markets haven’t fallen like this ever before. Take a look at all the bear markets and you will get my point.
#coronacrash#markets#bandkarobazaar1. The 1992 crash was the first one for Indian stock markets. It took just 36 sessions for the Sensex to fall by 40% from all-time highs.
Mar 12, 2020 • 4 tweets • 5 min read
Time to be greedy when everyone else is fearful? (1/2)
India VIX or Fear index hits highest levels of 42 since 2008. The 14 week RSI of VIX has crossed 80. It has never before traded at such overbought levels before.