#DXY #EmergingMarkets

Watch for breakdown in DXY and breakout in Emerging Markets Index, its a matter of few sessions.

Co-Relation is shown in both charts since.

Thanks to @moneyworks4u_fa for his inputs.

#NiftyIT index on daily TF - nearing the resistance area. A nice bullish rejection from 34 EMA last week. This is why I generally love trading with 34 EMA.
@shivaji_1983 @blisstrades @pradytrader1 @ameethvorra @ChartingG @sortingthings @rvgandhi

#tcs trivia:
Last 5/ 5 times, next day after qtrly results, stock had Close < Open.

I presented on the topic of "Buying the Pessimism" covering several real life case studies, scenarios and a complete framework.

PPT: https://t.co/tM9Eqc0WDy
Recording: https://t.co/18rs8EeRgb

Feel free to forward.

#investment #StockMarketindia
@CapitalAurum @smallcaseHQ

⚡️My top 10 Youtube Channel for Stock Market

1)SOIC @soicfinance
2)PPFAS @PPFAS
3)Finnovations
4)Value Educator
5)Pranjal Kamra
6)Sunil Miglani
7)Power of Stocks
8)Akshat Srivastava
9)Vishal Khandelwal
10)ElearnMarkets @elearnmarkets

Add if I missed someone 🔥

US Yield Curve Inversion Precedes Recession

RECESSION 1
Dow Jones -5%
Nifty -23%

RECESSION 2
Dow Jones -37%
Nifty -27%

RECESSION 3
Dow Jones -15%
Nifty -15%

Island Reversal is a short-term pattern depicted by two gaps roughly at the same level thereby giving it a shape of an island surrounded on two sides by a gap.

Remember - a short-term pattern to trade.

SBI

Your checklist of risk management

Here is the complete tutorial for Volume Profile free tool in tradingview

https://t.co/MCaiFVBpj3

Instead of worrying about how much will Fed hike rates....

Be in sectors which love higher inflation and interest rates.

Indicators that you can use with breakouts for sell
side:-

1. ADX > 25
2. SUPERTREND - Negative
3. MACD < 0
4. RSI < 30

For buy side -

1. ADX > 25
2. SUPERTREND - Positive
3. MACD > 0
4. RSI > 60

Master any one of these. 👍

#PVTLEARN #Nifty #sharemarket #STOCK #nifty50

52 week Breakout Screener Explained

How to recognise the strong sector?

Widely practised method is that to check the relative strength against the market. Here is the performance of each sector since nifty started falling. We can fairly accurately conclude that, we must look at PSUBANKS, METALS, AUTO

1/11

But how about the sectors such as healthcare, sugar, chemicals etc. These have no respective sector charts. How do u assess the strength in these.

Answer is to check the relative performance. Here is an example chart of health care stocks in NSE500 universe.

2/11

How do u see this?

Majority of the health care stocks are falling below the market. Its just one stock; NArayana Hridayalaya which outperforms the market. Surely its a "DO NOT TOUCH" sector

3/11

Here is how paint industry is faring at present. How do u see this?

Obvious to see majority of the stocks are underperforming the thick blue line (which is Nifty). With such as overal trend, its better to avoid such stocks.

4/11

Here is Beverages stocks & their relative performance to each other & against nifty. Trend is so obvious. Most stocks are falling much lessser than nifty.
In such adverse conditions, hollow stocks with brittle demand are prone to make steep fall. If they do not, its demand

5/11

7 - IT Software Stocks With
Over 500% Returns In The
Last Five Years.

1. Tanla Platform +2608%
2. Mastek +1343%
3. Coforge +969%
4. Tata Elxsi +891%
5. LTI +763%
6. Mindtree +729%
7. Persistent Systems +585%

Discl: Info only.
13-02-2022

Do not check 200 MA on the weekly chart.

200 MA on the weekly chart is 1000 days MA and not 200 days.

To see 200 days MA on a weekly scale - use 40 MA as 1 week has 5 trading days and therefore, 40 MA on a weekly scale is 200 days MA.

A common mistake