BC HAPPYMIND

ScorpioManoj
@scorpiomanojFRM 2 years, 9 months ago 365 views

#Happstmnds 1499
Volume drying up continuously for the last 6 days with tight price range in a month long consolidation zone. Building up energy for a nice upmove. Not posted chart . Chart welcome.

More from ScorpioManoj

#FreeTip Highest weekly volume with highest weekly price range ——>
If it happens after a strong uptrend, it is sign of end of trend / consolidation/ reversal .
If it happens before an uptrend above 30 week ma, it is a sign of beginning of a trend.

HMK alias MANOJ
@scorpiomanojFRM

#FreeTip
Finding Strike Prices to sell Options based on #Vix
Eg:
As on 15/06/21,
#Nifty 15869
#Vix 14.61
Days to expiry = 2
Exp Range = 15869 X (1-(14.61% / sqrt(365/2))) to 15869 X (1+(14.61% / sqrt(365/2)))
ie, 15697 to 16040;
Hence pe strike 15700, ce strike 16050;

HMK alias MANOJ
@scorpiomanojFRM

#FreeTip
Basic rule for day trading in option buying for beginners.
1) Stick to monthly atm options.
2) Suppose u have a capital of Rs 5 lacs. Your max risk appetite is 1% which is 5k. Assume u look at BNF chart and find a buy setup at 35000 ...

...
with a stop of 34900 ( 100 point difference). This essentially means that the 35000 atm options will have a stop of Rs 200 ( delta 0.5) assuming all other things are equal. So the number of lots U should typically deal with based on 1% Risk on 5 lacs capital ...

....
is 5000 / 200, which is 25 , ie 1 lot. If your risk appetite is 2%, then u are allowed to take 50, ie 2 lots. Hence if option price is say, Rs 400, ur stop will be 200 and u have to deal with one lot which means your deployment is 25 x 400 = Rs 10,000....

...
On the contrary if you deploy the full amount, 500000/(25x400) = 1250 , 50 lots, u r bound to lose the capital at the shortest possible time.
3) This might appear ridiculous, but this is the only way to go steady with control over risk.

Option stop difference is Rs 50 and not Rs 200 as mentioned. Simple calculation overlooked. Accordingly number of lots will increase . However concept remains unchanged.

ScorpioManoj
@scorpiomanojFRM

#FreeTip
#INTRADAY
Trend,Direction,Momentum(TDM).
D and M can be assessed only after mkt opens. Trend can be assessed the prev day through Cam lvl 3 width. Try trading BNF ONLY when Cam width is narrower (Red) which can be assessed the prev day. U can see improved results.

ScorpioManoj
@scorpiomanojFRM

#TRADING
#BANKNIFTY Pivot + vwap trading system

A) Short - 1) close less than ema200, prev day vwap, cam l3, floor pivot low; 2) distance between prev day vwap and cam l3 & floor pivot low should not be more than 1.5% (to avoid over extension); 3)vwap less than ema200
OR
--1/n

...................2/n
B) Price high crosses down weekly pivot high.
OR
C) Price crosses down camarilla h3 and candle low is lower than prev candle low.

Position taking between 945 am till 245 pm.

Cover at close or when price crosses 2 std deviations above current vwap or when price crosses weekly pivot low from downwards or when price crosses daily pivot low from downwards.

Backtest results since feb 2019 :
Annual return 43%
Drawdown 2.6%
Profit factor 1.9
Winning trades 50%
Timeframe 5 min chart

Intraday data for Bnf futures not available before 2019 for increasing the sample size.

More from Happymind

$TheMillionaire \U0001f1ee\U0001f1f3$

TheMillionaire 🇮🇳...
@BornToBeSucceed

The reason why I preferred #happiestminds to include in long term portfolio

Since then MCAP has moved from 7.5k Cr to 10.5k Cr which is more than 40% returns..

I feel it's a start for a long journey for this one.. do read the thread and study 👇

Thread 4/6

Financial Data since March 2019\U0001f447

Revenue jumped 590 Cr to 739 Cr
(CAGR of 13.7%)

Interesting facts: Profit jumped from 14 Cr to 132 Cr and that's Incredible ( CAGR of 260%) \U0001f680\U0001f680 pic.twitter.com/hj02EMzOHq
— TheMillionaire \U0001f1ee\U0001f1f3 (@BornToBeSucceed) April 2, 2021

Dare2Dream
@Dare2Dr10109801

#HappiestMinds above 1464, the stock could present a good entry point. Needless to say, SL is a must for all trades.

$TradingView India \U0001f1ee\U0001f1f3$

TradingView India 🇮🇳...
@in_tradingview

#HAPPSTMNDS - Happiest Minds 🚀🚀 - TradingView -

Sakir saiyed
@sakir_saiyed_

Warren Buffett said that he likes "a business with enduring competitive advantages that is run by able and owner-oriented people." #HappiestMinds
Ashok Soota, is the largest shareholder, holding 43% of shares outstanding. In comparison, the 2nd and 3rd hold about 13% and 3.6%

#HappiestMinds Skin in the game ?

Top 2 holds around 55% stake which is ₹92b worth of shares in the ₹186b company.

42.5% => Ashok Soota [ ₹71.8b ]
12.66% => Ashok Soota Medical Research LLP [ ₹21.4b]

Top 25 shareholders own 73.71% of the company
#happiestminds

JST Investments
@JstInvestments

Happiest Minds FY21 Annual Report Takeaways.

'Investing in next-generation digital technologies like Blockchain, Robotics & Drones, and VR/AR.'

Hit the 'retweet' & help us educate more investors.

A Thread 🧵👇

1/ Happiest Minds completes its 10 years of business: They have 13Kcrs in just a short span of time 🤯

Starts with the COVID 2.0 impact on the company: 8% of the team was tested +ve by 17th May, 26% of which were hospitalized.

Led to the terrible loss of 5 young men.

2/ Coming to the wins:

- Employee culture has been the biggest investment as per the chairman Mr. Ashok Soota
- Customer retention: One CFO has been a customer with the 3 companies he worked with ( Power of 💪relationships)
- Invested in all new technologies including next gen.

3/ Did you know? IP-led services (High margin & High operating leverage) account for 10% of their revenues.

Restructured the three business units (PES, DBS, IMSS) such that each caters to their specific high potential industries 🚀

4/ Talks about their Vision 2021-2031: How most businesses survive less than a half-lifetime of humans

This wouldn't be the case for Happiest minds as it is being 'designed for perpetuity': addressed succession risks

Guidance: 20% organic growth+ Lower PAT due to higher tax

A brief analysis and comparison of the CSS for Twitter's PWA vs Twitter's legacy desktop website. The difference is dramatic and I'll touch on some reasons why.

Legacy site *downloads* ~630 KB CSS per theme and writing direction.

6,769 rules
9,252 selectors
16.7k declarations
3,370 unique declarations
44 media queries
36 unique colors
50 unique background colors
46 unique font sizes
39 unique z-indices

https://t.co/qyl4Bt1i5x

PWA *incrementally generates* ~30 KB CSS that handles all themes and writing directions.

735 rules
740 selectors
757 declarations
730 unique declarations
0 media queries
11 unique colors
32 unique background colors
15 unique font sizes
7 unique z-indices

https://t.co/w7oNG5KUkJ

The legacy site's CSS is what happens when hundreds of people directly write CSS over many years. Specificity wars, redundancy, a house of cards that can't be fixed. The result is extremely inefficient and error-prone styling that punishes users and developers.

The PWA's CSS is generated on-demand by a JS framework that manages styles and outputs "atomic CSS". The framework can enforce strict constraints and perform optimisations, which is why the CSS is so much smaller and safer. Style conflicts and unbounded CSS growth are avoided.

$\u2745\u1710\u170b\u1713\u170e$

❅ᜐᜋᜓᜎ...
@uglyluhan

First thread of the year because I have time during MCO. As requested, a thread on the gods and spirits of Malay folk religion. Some are indigenous, some are of Indian origin, some have Islamic

i wonder if you can make a thread bout witchcraft in malaysia.. or list of our own local gods/deites..
— r a y a \U0001f319 (@lcvelylilith) February 20, 2020

Before I begin, it might be worth explaining the Malay conception of the spirit world. At its deepest level, Malay religious belief is animist. All living beings and even certain objects are said to have a soul. Natural phenomena are either controlled by or personified as spirits

Although these beings had to be respected, not all of them were powerful enough to be considered gods. Offerings would be made to the spirits that had greater influence on human life. Spells and incantations would invoke their

Animist ceremonies of a religious or magical nature were normally held for the purpose of divination or making a request. This would either be done at a keramat or at a shrine similar to the Thai spirit houses or Chinese roadside shrines pic.twitter.com/I1hliyi0x3
— \u2745\u1710\u170b\u1713\u170e (@uglyluhan) June 16, 2019

Two known examples of such elemental spirits that had god-like status are Raja Angin (king of the wind) and Mambang Tali Arus (spirit of river currents). There were undoubtedly many more which have been lost to time

Contact with ancient India brought the influence of Hinduism and Buddhism to SEA. What we now call Hinduism similarly developed in India out of native animism and the more formal Vedic tradition. This can be seen in the multitude of sacred animals and location-specific Hindu gods