#BajajFinserv
At important support range 12000-12500.

Power grid and an upward sloping channel working in here.

Baroda Bank

last two times gone below 200 dema this also possible but bounce may come from there and major support also there

keep alert

All important Options Selling Strategies..
A thread🧵:

Simple Directional Call Sell

View: Neutral to bearish
Limited Profit, unlimited risk.
High Probability of profit.
High Margin required.

Simple Directional Put Sell

View: Neutral to Bullish
Limited Profit, unlimited risk.
High Probability of profit.
High Margin required.

Call Credit Spread

View: Neutral to bearish
Limited Profit, Limited risk.
High Probability of profit.
Low Margin required.

Put Credit Spread

View: Neutral to Bullish
Limited Profit, Limited risk.
High Probability of profit.
Low Margin required.

The 4 stages of a chart market cycle that keeps repeating.

Bajaj finance is 32% down from ATH
14 Jan 2022 ₹8050
14 may 2022 ₹5500

Volatility is part & parcel of investment

In last 4 years it's 3 Dip

24 Aug 2018 ₹2950
05 Oct 2018 ₹1920

29 Feb 2020 ₹4880
29 May 2020 ₹1900

Yet it's a 100X(in 12 years)

Need Nerves of steel.

Stan Weinstein's Ideal Short Sale areas:

Dip buy signal:

#TATAELXSI has great bullish set-up
Stock formed two hammers after correction, then on Friday had a big marubozu candle ,breaking out with Big volume
RSI nudged above 50
It stock breaks and maintains above 8050, we may see a decent follow-up rise in this
#Stocks #stockstowatch

Not trading call, academic post

#Reliance fell sharply from 2850, but the fall halted near volume POC. On Friday it has formed an inverted hammer, near 61.8% fibonacci (Indian poet Pingala discusses the series in 200 BC) pullback of last rise
If it sustains above 2480, we can see strong bounce
#Nifty

Not trading call, academic post

Pullbacks buying strategy after a breakout with example

• 1st pullback is a great buy.
• 2nd pullback is still fine
• 3rd pullback should be avoided.
• 4th pullback never buy it.
#Tradingtips
Like and retweet

#Hdfcbank weekly chart, stock at the edge of a megaphone pattern.
1290 is great support. Protecting 1290 stock can resume its uptrend towards 1700 over time
Breaking below 1285, the 1265 stock may fall towards 61.8% retracement 115, then 1050 (volume POC)

#Nifty #BankNifty

Not a trading call, academic post

Since received many queries on what's mvwap and how to apply:
Mvwap: moving average of vwap
Exponential
50 periods

Crudeoil: took support at mvwap on 10 mins.
Many times price can undercut mvwap on 5 mins but can take support on 10 or 15 mins... Trade with longer term structure in mind...

#Bitcoin weekly RSI is at the same level as it was during the March'20 crash.

Two possibilities:

1) Reversal
2) Crash to test the lower bound of the channel or even lower, as most of the crashes are preceded by oversold readings.

As of now, 2 has a higher probability.

7 POWERFUL PERSONAL FINANCIAL HACKS that you wish you knew yesterday.

THREAD: Thumb rules that will make you better in managing your personal finance.

Collaborated with @AdityaTodmal

1. Rule of 72: To estimate when your money will be doubled.

Lets say you are investing in an instrument that gives you 8% p.a.

How long will it take to double your investment:

72 /Rate of interest i.e. 72/8 =9 years.

Conversely, if you come across any plans where they say you'll double your money in 7 years.

Now you can compute the interest rate.

i.e. 72/ 7years = 10.29% p.a.

2. Rule of 144 : To estimate when your money will be tripled.

114/rate of interest p.a. = No. of years required to triple your money.

Eg: lets say you are getting 12% p.a. in an instrument.

Your money will be tripled in 114/12 = 9.5 years.

3. Rule of 70: Estimates the impact of inflation on your wealth.

70 / expected long term inflation = No. of years by when your wealth will be worth half of what it is today.

Your total wealth is Rs. 1 cr. & long term inflation rate is 5%.

70/5 = 14 years.

#NIFTY in the context of #RSI #Weekly Timeframe
RSI with default values of 14,9
RSI MOVE measures the deviation of RSI from its average

IMHO, it is an excellent time to buy and accumulate #NiftyBees
Retweet if you find it useful 🙏🏽

Bear cycle that has started After Jup, Sat & Nodes transits in Mid & End of April, given a great shock by retrograde Mercury this week, same pattern is seen for Venus as well, both gives great fall. It usually stops when Slow moving planet like Ju & Sat attains Stationary motion.

As both the planets have higher accerlerations whenever they get contact under Sun, thats the reason as soon as mercury attains the retrograde motion it has fasten the bear cycle.

Wait for venus to conjugate Rahu in Aries & Mercury to attain direct motion to get slight revive from these shocks , temporarily from 23rd May to 4th June onward.

Stability & Balance in market would be seen from 5th june to 9th June onward.

* Typo 5th June to 9th July onward

Do u want to study past bear markets?

Use Weekly chart
Plot Bollinger Bands with 50,2 setting
Locate when ever price hit lower band
Locate the highest swing high befoire the fall
The period in between is bear market

Here we have 4 such occations after 2010.

#RelianceIndustries A case of Ending Diagonal similar to Dow~
Should target the ED1-ED4 line in quick time - already well on course~