BC MAITHANALLOYS

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Nishant Kumar
@nishkumar1977 4 years ago 580 views

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#MaithanAlloys 940

970 - 1030 is going to offer stiff resistance.

We are approaching 4 digit mark and ATH territory!! Fingers crossed!!

https://t.co/bMgkKffyXc

More from Nishant Kumar

Nishant Kumar
@nishkumar1977

A Tattoo has been posting selective screenshots of my Tweets to this followers to showcase how I do not know how to use RSI.

While he runs his shop showing other people down, here are the basics for the wise:

1) RSI above 70 gets into overbought zone but it's the crossover from

the 60s to the 70s that gives the maximum thrust.

2) Daily RSI gives a good thrust but that can stay short-lived. It's the weekly/monthly RSI crossover into the 70s that provides a more sustained thrust

3) During the weekly crossover, daily RSI might reach astronomical levels

Many a times into higher 80s or early 90s. So in a shorter time frame this daily RSI would try to correct but since the weekly RSI is getting stronger, these dips would be shallow and short-lived and price would try to move higher again.

You would have seen such a behaviour in Wockhardt. Price hit a 20% and then went another 10-12% higher which heated the daily RSI and the price corrected sharply on day 3.

4) But because the weekly RSI was getting a crossover into the 70s, price reversed quickly to hit 10% more.

5) Now when this weekly RSI becomes heated, that is when the price might make a medium term top. Again, if the monthly RSI too gets a crossover into the 70s then the stock can continue to perform well for a few months till the monthly RSI gets heated.

Nishant Kumar
@nishkumar1977

#SAIL 128

Breakout above 132 on Daily Close

https://t.co/pTkuM6AN7Z

#AnalysisOnly

Disc: Invested

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Nishant Kumar
@nishkumar1977

#SAIL

Long term chart!

Supports, resistances and channel top have been marked!

https://t.co/kYISxPZrC6

#AnalysisOnly #LongTerm #Investment

Nishant Kumar
@nishkumar1977

#Praj 307

Can correct some more till 300-305 where it would find support

Daily RSI is already in Oversold

Nishant Kumar
@nishkumar1977

Just a quick point that you can note and remember. Next time #Nifty weekly RSI gets into 79-80 levels, that would be the time to move to cash or cut your longs if you are trading.

Current Weekly RSI 44.56

More from Maithanalloys

Nishant Kumar
@nishkumar1977

#MaithanAlloys 1098 120 Min

Good support at 1090

Descending triangle formation. Need to wait for a breakout on either

Yuvraj
@Yuvraj2603

#MaithanAlloys

>Top End comes around 1400₹
>Good Volumes Seen Today
>If closes above 1140₹ then a Fresh Breakout

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Nishant Kumar
@nishkumar1977

#MaithanAlloys 824

Congestion zone up ahead!!

https://t.co/cNBmjVDJ4K

#AnalysisOnly

Nishant Kumar
@nishkumar1977

#MaithanAlloys 958

C&H breakout on daily charts

Needs a daily close above 952 to sustain this BO

Cup depth is roughly 250 points

https://t.co/1xdN77D2vY

Trade at your own conviction!

Pranay Prasun
@PranayPrasun

#Maithanalloys #dailychart https://t.co/9TEjF684f3

#Maithanalloys #Publicdemand\U0001f600
Highlighted at 560\U0001f525 level and i'm going to cover all major timeframes \U0001f447
~ What next ?
~ When to add ?
~ Immediate target
~ stop loss https://t.co/v1qWY5TrYQ
— Pranay Prasun (@PranayPrasun) July 4, 2021

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$Anu Satheesh \U0001f1ee\U0001f1f3$

Anu Satheesh 🇮🇳...
@AnuSatheesh5

Neyyattinkara Krishna Kshetram
#Thiruvananthapuram
#KeralaTemples 🚩

Neyyattinkara Krishna Kshetram is considered as the Guruvayur of Trivandrum. Thrikkayyil Venna (butter) is main offering to Neyyattinkara Unnikannan. Kshetram is supposed to be built by Marthanda Varma.

Sthala Puranam says that, Anizham Thirunal Marthanda Varma was surrounded by his enemies, Ettuveettil Pillamar, while he was near the place where Temple is situated now. The king prayed to Padmanabhaswamy to protect him. At that time, a small boy was seen there and he

advised the king to hide himself inside the hollow trunk of a jack fruit tree. The king was surprised to find a small boy in the forest, but agreed to the advice
Thus he was saved from the attack. When the enemies left, king tried to know about the boy, but he couldn't.

He believed that it was krishna himself who saved his life. A temple was built here, which is the present Neyyattinkara Krishna Kshetram. The jack fruit tree where the king hid himself is now known as Ammachi Plavu. Ashtami Rohini, Vishu are very famous here

Hare Krishna
🙏🕉🙏

Jig's Patel
@jigspatel1988

Thread on
"Intraday Banknifty Strangle based on OI data"

(System already shared, today just share few examples)
(1/n)

-Trade timing after 9:45

-Check Banknifty change in OI data at 9:45, and identify the highest OI built up in call side and put side

-We will sell both strikes with combined premium as SL on both legs.
(2/n)

28th June 2021

BN open-35440
At 9:45 trading at 35350
Highest OI in call side at 35500 CE and 35000 at put side
Strike selection 35500 CE- 35000 PE
(3/n)

29th June 2021

BN open-35323

At 9:45 trading at 35112

Highest OI in call side at 35300 CE and 35000 at put side

Strike selection 35300 CE (232) - 35000 PE (150) Combined premium 382 , Both legs SL 382
(4/n)

30th June 2021

BN open-35030

At 9:45 trading at 35002

Highest OI in call side at 35000 CE and 35000 at put side

Strike selection 35000 CE(176)- 35000 PE(213) Combined premium 389 , Both legs SL 389
(5/n)

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Suhas S. Hardutt
@HarduttSuhas

THE BATTLE OF PRATAPGARH (10 Nov, 1659)

Chhatrapati Shivaji Maharaj's impeccable military genius and matchless courage humbled the Adil Shahi Sultanate.

The beginning of what was to come later for the M0ghuls from one of the most indefatigable defenders of Dharma!

(Thread)

Shivaji’s growing influence in Maval region, made him a threat to the Adil Shahi ruler of Bijapur who sought to restrain him. The man who was given the responsibility of this mission, was their commander, Afzal Khan. Afzal was a formidable warrior known for his ruthlessness.(1)

His strategy was to bring Shivaji out into the plains, where he held an advantage, compared to the rocky Deccan terrain. Afzal attacked the holy town of Pandharpur, and later demolished the temple of Bhavani at Tuljapur to instigate Shivaji in a bid to bring him out.(2)

Shivaji was angry but remained patient. Knowing that he could not defeat Bijapuri Sultanate in an open battle, Shivaji moved to Pratapgarh fort, located on rocky heights, surrounded by thick forests of Jawali.(3)

This set the pattern for future Maratha attacks, using guerrilla warfare against larger invading armies rendering them ineffective in unfavorable terrain.(4)

Mitesh Patel
@Mitesh_Engr

How to sell option?
Here let me explain through simple math.
Say BN at 30000
30000 straddle trading at combine premium 800 ( based on current volatility)
Put at 400
Call at 400
You don’t know direction. Sold both.

If move will not come than both will decrease gradually.

At day end it will come down to 720-740 if move will not come. Difference is your profit.

Now case 2:
Move started.
At one points combine premium will start increasing.
Say 810.
Exit immediately. No need to do adjustment.
Let market settle.

Sell again straddle once market settle.
Now repeat same thing.

Straddle selling webinar over.
Good luck.

One can keep SL 550 for both strike to escape from sudden movement.

Ryan Caldbeck
@ryan_caldbeck

1/ I am seeing more and more founder secondary in venture rounds (Secondary = founders selling some of their shares before some other shareholders are able). Series B-D. I see both as an investor and through entrepreneur circles.

2/ I like secondary for entrepreneurs. Moderation is key but in a lot of situations I think it helps accelerate the co. Lots of very smart investors disagree. Here are my thoughts.

3/ Magnitude: My basic rule of thumb from what I see is market is 4+ yrs and up to 10% of founder’s equity stake with some $ cap that makes sense given stage etc. (typically <$10m)

4/ The entrepreneurial journey is brutally hard. Giving some financial relief helps remove one piece of pressure. I don’t think that secondary in the magnitude mentioned impacts the drive/persistence of great entrepreneurs.

5/ That secondary means they will be able to just sleep knowing they can pay their kids’ tuition. Secondary will make most founders better at their jobs, thus accelerating the co.