Today is the last working day of the Supreme Court for the year 2020.
In a year of many unprecedented events, the Supreme Court has laid down many precedents, in more than one sense of the term.
My list of the notables, but not necessarily in order of notability, is here👇
26. Rhea Chakraborty v. State of Bihar. Also notable because it was a single judge hearing a transfer petition.
It's the last day of Supreme Court for the year and the benches are rising one by one. It's time for a recap of the noteworthy judgments and orders of the Supreme Court in 2019#thread#SupremeCourt
— Vikram Hegde (@vikramhegde) December 18, 2019
The Supreme Court shuts for the winter vacation and will be back only in 2019. Which means its time for a thread of the important judgments of 2018. And there have been a few. Let me know if I miss out any
— Vikram Hegde (@vikramhegde) December 14, 2018
So I'm doing a thread on the important decisions of the Supreme Court of India in 2017. If I miss out any, let me know.
— Vikram Hegde (@vikramhegde) December 25, 2017
More from Court
Spoiler: it makes uncomfortable reading for the Attorney General.
There will be no substantive change to the sentences passed on the killers of Pc Andrew Harper.
— The Secret Barrister (@BarristerSecret) December 16, 2020
The Attorney General\u2019s application to refer the sentences as unduly lenient and the defence applications for leave to appeal against sentence have been refused by the Court of Appeal. https://t.co/qxTzuj7jR3
First, by way of background. I was one of several commentators astonished that the Attorney General, who has no known experience of practising criminal law, decided to personally present this serious case at the Court of Appeal.
It appeared an overtly political decision.
Grimly cynical.
— The Secret Barrister (@BarristerSecret) November 12, 2020
The Attorney General - who has absolutely no experience of criminal law - is so desperate to exploit this tragic case that she is inserting herself into proceedings that she is not competent to conduct.https://t.co/QWdINvUwwf
Comments leaked to the press confirmed this was a political decision, to capitalise on a tragic case in the headlines.
A “friend” of the Attorney General told the Express that she was pursuing the case *against* legal advice. She also took a preemptive pop at the judges.
Before the hearing, the Attorney General leaked to the Daily Express, via an alleged \u201cfriend\u201d, her views that, should the judges find against her, it will be because they are \u201cwet liberal judges\u201d who are \u201csoft on criminals\u201d. https://t.co/5uGggN8tTT
— The Secret Barrister (@BarristerSecret) November 30, 2020
On the day of the hearing, it appeared from selected reports that the AG was out of her depth. She appeared to be making political submissions to the Court of Appeal that have no place in a case of this type.
The Attorney General had to be embarrassingly corrected during the hearing by an actual criminal silk after making irrelevant and politicised submissions to the Court of Appeal.
— The Secret Barrister (@BarristerSecret) November 30, 2020
What a farce. pic.twitter.com/wy81xoFIDI
The Court of Appeal judgment helps understand what happened.
The AG played a limited role. She “rehearsed some of the facts and said that the sentences had caused widespread public concern”
Her contribution was seemingly not considered by the Court to be legal submissions. Oof.
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Covering one of the most unique set ups: Extended moves & Reversal plays
Time for a 🧵 to learn the above from @iManasArora
What qualifies for an extended move?
30-40% move in just 5-6 days is one example of extended move
How Manas used this info to book
The stock exploded & went up as much as 63% from my price.
— Manas Arora (@iManasArora) June 22, 2020
Closed my position entirely today!#BroTip pic.twitter.com/CRbQh3kvMM
Post that the plight of the
What an extended (away from averages) move looks like!!
— Manas Arora (@iManasArora) June 24, 2020
If you don't learn to sell into strength, be ready to give away the majority of your gains.#GLENMARK pic.twitter.com/5DsRTUaGO2
Example 2: Booking profits when the stock is extended from 10WMA
10WMA =
#HIKAL
— Manas Arora (@iManasArora) July 2, 2021
Closed remaining at 560
Reason: It is 40+% from 10wma. Super extended
Total revenue: 11R * 0.25 (size) = 2.75% on portfolio
Trade closed pic.twitter.com/YDDvhz8swT
Another hack to identify extended move in a stock:
Too many green days!
Read
When you see 15 green weeks in a row, that's the end of the move. *Extended*
— Manas Arora (@iManasArora) August 26, 2019
Simple price action analysis.#Seamecltd https://t.co/gR9xzgeb9K