• A cash stock wizard, who doesn't trade the stereotype triangle, rectangle, H&S etc.

• Creative enough to look beyond the obvious

• Covering another unique set up: Rating Houses Contra Trades or as he calls it "Moody-no-so-Moody indicator"

🧵 to learn from @iManasArora

• Usually international rating agencies come with a downgrade only after a massive correction in the stock

• Similarly these rating agencies come with an upgrade report post a sharp rise in the stock

• Don't take them on face value and DYOR!
• How Ultra Bullish articles from rating/broker houses is used to dump the stock to retail

• New traders provide liquidity for BIG players to offload their stocks
#HEG
• Example 1: BofAML sees 100% rise

• Read this thread to know in detail #HEG
https://t.co/IKabWNmt3O
• How depressive articles from rating/broker houses is used to make the retailers sell their stocks

• Retailers provide opportunity to the BIG players to accumulate them at rock bottom prices

#TATAMOTORS
• Example 2: S&P downgrades TATAMOTORS

• Read this to know in detail #TATAMOTORS

https://t.co/rX9WfLM0ZZ
Example 3: UBS downgrades #BAJFINANCE

https://t.co/U3iLqfvQrW
Example 4: Moody's crack down on 5 Indian PSU's

@iManasArora utilized this opportunity to go long in PNB

https://t.co/F9mNlJDiea
• From the above examples it is quite clear that taking contra bets is easy

BUY, when the following conditions are met:

1. The stock has already plummeted by 90-100%

2. The rating report then downgrades the stock

3. The stock refuses to go down any further
SELL, when the following conditions are met:

1. The stock had already had a fab run up (15-20x in a very short span i.e. 12m)

2. The rating report then gives an ultra bullish tgt of 100% up from CMP

3. News based rally on a low volume
• Before blindly taking contra bets, check whether the conditions above are met and

• Also, learn Stage Analysis
• And if you think @iManasArora only takes contra bets on:

1. Extended moves
2. Rating houses report

Then wait, this time he is bullish on a country - 'Time to buy Russia'

https://t.co/URyKZvJIEX
Next time you see an upgrade/downgrade report from some major rating agency just see whether the conditions mentioned in this thread is met, basically DYOR before acting on it!

#BroTip
If you have missed @iManasArora Extended moves & Reversal plays set up then check it here

https://t.co/kBrasnQrcT
You can also go through his TL @iManasArora where he shares his tricks which no textbook has covered

Hope you discovered something new (because that's the point!)
If you did, share it with a friend

Hop back up to retweet the first tweet

More from Nikita Poojary

More from Screeners

One of the most successful stock trader with special focus on cash stocks and who has a very creative mind to look out for opportunities in dark times

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


Post that the plight of the


Example 2: Booking profits when the stock is extended from 10WMA

10WMA =


Another hack to identify extended move in a stock:

Too many green days!

Read
If you’ve opened your Zerodha account recently, you may not know about some of the cool features we have across all the Zerodha products and platforms.

A thread on some features that will help you trade and invest better😀👇

With Nudges, our aim is to help users avoid mistakes at the point of decision-making. We’ll nudge you when you’re about to make a mistake like buy dubious stocks, trade illiquid scrips, stocks with corporate actions etc. Here are a few Nudges that have helped users the most👇


With GTT, you can place long-standing orders. You can place a target and a stop loss for the stocks you buy so that you don’t have to track the prices every day. The orders will remain active until triggered*🏖

If you trade large quantities of scrips with freeze quantity, for example, you'll have to open the order window each time. With sticky order window, the order form remains open even after you place an order so that you can quickly place multiple


With the Positions Analysis tool by @BeSensibull, you can see Max loss, Max profit, Breakeven probability of profit, Greeks, IVs and much more right on Kite.

You can also change the price and expiry to see how much you'll gain or lose.

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Rig Ved 1.36.7

To do a Namaskaar or bow before someone means that you are humble or without pride and ego. This means that we politely bow before you since you are better than me. Pranipaat(प्राणीपात) also means the same that we respect you without any vanity.

1/9


Surrendering False pride is Namaskaar. Even in devotion or bhakti we say the same thing. We want to convey to Ishwar that we have nothing to offer but we leave all our pride and offer you ourselves without any pride in our body. You destroy all our evil karma.

2/9

We bow before you so that you assimilate us and make us that capable. Destruction of our evils and surrender is Namaskaar. Therefore we pray same thing before and after any big rituals.

3/9

तं घे॑मि॒त्था न॑म॒स्विन॒ उप॑ स्व॒राज॑मासते ।
होत्रा॑भिर॒ग्निं मनु॑षः॒ समिं॑धते तिति॒र्वांसो॒ अति॒ स्रिधः॑॥

Translation :

नमस्विनः - To bow.

स्वराजम् - Self illuminating.

तम् - His.

घ ईम् - Yours.

इत्था - This way.

उप - Upaasana.

आसते - To do.

स्त्रिधः - For enemies.

4/9

अति तितिर्वांसः - To defeat fast.

मनुषः - Yajman.

होत्राभिः - In seven numbers.

अग्निम् - Agnidev.

समिन्धते - Illuminated on all sides.

Explanation : Yajmans bow(do Namaskaar) before self illuminating Agnidev by making the offerings of Havi.

5/9