Thread on Importance of Mean Reversion

U must have remember the charts of auto sector breakout on last monday,potentially poised to be the next leader in the rally.
But since then it just fell bad and deep
Breaking the breakout bar low

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10 week EMA is more logically powerful than a 10 day EMA. The reason being in weekly TF, 10EMA represents 50EMA in daily while 10 day EMA corresponds to much less important 50EMA in 75 min TF.

In the same way 40 week EMA is proxy to all important 200EMA in daily.

Price very much likely to bounce off here. Price is auctioning around an area where high and agressive bids could come in
#hdfcbank #hdfcamc

If u are a pullback trader u get to take an entry very close to the end of a counter trend move which offer a very tight SL.
In case for a trend follower, the candle size near to the trend phase he is aiming at is way too larger and hence offer a much wider SL

Those who use multiple screens, keep eyes and neck safe in long run
11 tips here

1
Sit at least 5ft away from nearest screen
2
Keep centre of upper half of screen at eye level
3
Keep brightness minimum and switch on bluelight filter

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4
Blink ur eyes deliberately often and use caaboxymethylcellulose (after consultation) eye drops twice or thrice a day
5
Place main screen in the middle to minimise neck movement
6
Use chair with neck support and lumbar back
7
Use HD screen minimum and preferably QHD

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8
Use all monitors with same display depth
9
Use one CPU with multiple monitors for better control
10
Keep the screen which use for brokers terminal farthest, stare less at PnL live
11
Do not eat heavy food/oily snack inbetween which tire u and impact focus

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A Master thread on @Singh7575 Sir's Long Only Setups with examples on Charts!

This setup is a gift to anyone who trades long ideas and those who want to trade in CASH due to Capital Constraint. Fits best for people who don't do FNO as this picks some amazing scripts.

1⃣ Before heading on to the set-up we want to make sure the entire system credit goes to @Singh7575 . We are just here to share it and make people aware of such simple set-ups that can give money considering risk is

2⃣How to Set it Up?
This setup best fits in @tradingview /@zerodhaonline or any broker that provides charting. We only need 2 Indicators.
Indicator 1- 13EMA
Indicator 2 - 34EMA
Both indicators are compulsory and should be exponential(EMA) instead of Simple moving average.(SMA)

3⃣ How to use this Setup?
Whenever this Setup meets a condition where 13EMA crosses 34EMA from below as depicted in the chart. Whenever the 13EMA crosses 34EMA from below it is a LONG (BUY) SIGNAL.

❗️Timeframe needs to be Daily Only!

4⃣ When to Place Order?
The Condition is to place order above the Day's High when crossover happened. Place buying bid above Previous Day’s high. If on current day the stock
doesn’t cross previous day’s high, place a buying bid the next day above current day’s high. For E.g.

If u are a day trader, irrespective of the TF u trade, u should align urself with the trend in 15min TF. Avoiding whats happening in 15min TF, is highly dangerous and will end up as a very costly mistake.

Long setup:

Trading a reversal using 3 bar Price Action

1. Bar 1 closes lower (Red)
2. Bar 2 closes below Bar 1 (Red)
3. Bar 3 closes above the high of both Bar 1 & Bar 2 (Green)
4. Buy at the close of bar 3
5. SL is low of Bar 3 & Trail SL
6. Decide position size as per risk

From HDFC Bank to Kotak to Bajaj Finance to Canara Bank!

How did lenders perform in Q4FY21?🤔

A thread🧵on the Banking/NBFC results

Hit "Retweet" to educate maximum Investors

Lets go👇

(1/24)

HDFC Bank:Stable

🏦Profits grow at 18.2%
🏦Asset quality remains stable with credit costs at 1.65% for the quarter
🏦CAR at 18.8%
🏦Gross NPAs at 1.32% vs 1.38%
🏦HDB Financial returns to profits
🏦Watching carefully on how the second wave will turn out

(2/24)

ICICI Bank Results:-Stable

🏦Operating profit grows at 20%
🏦Covid-19 provisions increased by 1000cr to 7475cr
🏦Deposits grow by 21%
🏦Net NPA declines to 1.14%
🏦Capital Adequacy at 18.06%
🏦Retail loan growth at 20%
🏦Corporate loan growth at 13%
🏦Dividend-Rs 2/share

(3/24)

Cholamandalam Investment:Stable

🏦Disbursements decline 13%
🏦Loan loss provisions at 1.4%
🏦Profits up 29%
🏦Positive on Auto financing

(4/24)

HDFC Ltd:Strong

🏦Loan disbursements grow 60%
🏦Month of March had highest ever disbursements
🏦Gross NPAs at 1.98%
🏦Individual loan NPAs at 0.99%
🏦Non-Individual Loan NPAs at 4.77%
🏦Dividend of Rs 23/share
🏦PAT grows by 19%

(5/24)