Trendlyne has all the research reports available for free for most stocks.

@Trendlyne

Here are all for Laurus

It's the weekend!

Grab a cup of coffee, in this thread I will explain

1. Peter Lynch's Six Categories of Stocks
2. How to identify the type of stock you own?
3. How to think and decide about the runway for growth of a company?

Lets dive right in.

For those who do not know (I doubt there will be many), Peter Lynch is one of the most successful fund managers of all time.

He managed a fund called Magellan at US Investment Giant Fidelity Investments and during his 13 yr tenure, he delivered an average CAGR of 29.2%.

Sadly the fund couldn't keep up post Lynch's retirement and his successors weren't able to keep up with his returns.

That's how good Lynch was!

In 1989, a year before retirement, Lynch wrote and published a book called 'One Up on Wall Street'.

Almost 32 years later, the teachings of the book remain relevant.

(Highly recommended read)

Chapter 7 of the Book Titled
"I've Got It, I've Got It - What is It?"

talks about the need to classify stocks.

Peter's argument is that you need to know what kind of stock you hold in your portfolio.

Not all stocks are the same - and he is right!

#JUBLINGREA

Jubilant Ingrevia has broken Channel and RSI support for the first time since listing

In the absence of any immediate short term triggers, a sideways to down move is more likely than further upmoves.

FAQ's

Q. Am I selling?
A. No, I do not sell long term stocks

Q. Am I buying?
A. No, I am not

Q. When will I buy?
A. I don't know

Q. What is my Stop Loss?
A. I don't have any

Q. What is my Avg price?
A. Less than 350

Q. How to handle volatility?
A. I live for it

Amid the ongoing war, you would have heard Nickel rising by over 200%, Wheat by 80% and Oil by 50%

But did you know there is another asset class that rose by over 2000% since Dec

Todays thread is about Credit Default Swaps, an asset class only accessible to the ultra rich 🧵👇

This thread is divided into the following parts

1. Basics & History of Credit Default Swaps
2. How Russian CDS rose over 2000%?
3. Why these instruments are limited to the ultra wealthy?
4. Can you profit indirectly from CDS?

Credit Default Swaps belong to a category of derivative products called Swaps.

Derivative products are usually of two kinds

1. Standardized Derivative Products like Futures and Option Contracts that are traded over the exchange

2. Non Standardized Over the Counter Products like Forwards and Swaps

Swap at its simplest is an agreement between two parties to exchange a series of cash flows for a set period of time

Swaps were basically invented to help large banks and companies manage their interest rate and currency exposures

The thread explains my momentum scanner and how to build it in #TradePoint software.
@Definedge
Conditions :
1)EMA 8 above EMA 34 and rising
2)Candle close above previous 5 candle high
3) RSI above 60
4) Volume above previous 5 candles
5) ADX above 30
1/n

Select Double Moving Average 8 and 34
2/n

Under Patterns select Close Above Prev Bars
3/n

Qualify the candle close
4/n

RSI above 60
5/n

A small multi time frame system to identify stronger stocks based on RSI/SuperTrend/EMA
@Definedge
Conditions:
a) RSI > 55 < 70 in daily
b) RSI > 60 in weekly/monthly
c) Candle close above SuperTrend(10,3)
d) Candle close above 200EMA in daily and 34EMA in weekly/monthly
+

I have published these scanners in TradePoint Web of @Definedge. These scanners can also be developed in TradePoint Desktop.
1) Run these scanners on Multi Time Frame Scanners
+

Save the qualified candidates (score above 2) to a group for doing further analysis.
+3

Run FusionMatrix on this group to check stronger candidates, Sort on RS-Ranking score and select top candidates. Look for long entries based on your favorite systems.
+4

One example #TATAELXSI on daily charts
RS chart bullish ABC pattern and in Price chart probable bear trap and bullish ABC
(bullish divergence between price and RS charts also)
+5

What are some hidden gem indicators on @tradingview platform ?

I like TL enhanced Volume Indicator

#INDICATORS
Intraday trading is all about identifying 3 components 1) Trend 2) Direction 3) Momentum
(TDM).
Trend - Developing cpr width
Direction - PivotShiftIndicator
Momentum - PivotRSI.

Just finished devloping color codes for identifying trades based on TDM.