Tejas Tamboli

[Tejas Tamboli @TejasTamboli]

For (atleast) next 2-3 months, Nifty 50 is likely to outperform broader markets: both smallcap and midcap.

[Tejas Tamboli @TejasTamboli]

@suyog_dhavan DXY is in early stages of year long bull market. That is going to be headwind for Indian markets for next one year.

[Tejas Tamboli @TejasTamboli]

@pankajsabnani Fully agree. "Can't time" is just marketing gimmick propagated by MF sellers to keep eating expense ratio.

[Tejas Tamboli @TejasTamboli]

@VVVStockAnalyst Try to enter beaten down stocks on first sign of momentum pick up. These setup works in all environments.

[Tejas Tamboli @TejasTamboli]

Bear Market rally in PM has begun.

[Tejas Tamboli @TejasTamboli]

@VVVStockAnalyst Risk takes care of itself due to large basket of 250 securities. You can generate very decent return on your ENTIRE capital base without worrying about position sizing.

[Tejas Tamboli @TejasTamboli]

@VVVStockAnalyst Yes, I am swing trading the index itself with strict entry and exit rules on Daily time frame. The alpha is generated by getting out before index goes in downward trend.

[Tejas Tamboli @TejasTamboli]

@Ayussheth Interested

[Tejas Tamboli @TejasTamboli]

@Macrobysunil May be price wise yes, but time wise it could be very prolonged period before any meaningful upward momentum. Monthly charts momentum is totally cracked and far from reaching oversold levels.

[Tejas Tamboli @TejasTamboli]

@Macrobysunil MCX stock on NSE has already sensed this about a week ago.

[Tejas Tamboli @TejasTamboli]

Next upleg of Indian markets, Nifty50 is likely to outperform NiftySmlcap250. Nifty50 and NiftyMidcap150 likely to show almost similar performance.

[Tejas Tamboli @TejasTamboli]

One important point to ponder: PMs didn’t rise yesterday to the similar extent that the dollar sharply declined. That is another evidence there is inherent bearishness in metals beyond just inverse relation with DXY. (n/n)

[Tejas Tamboli @TejasTamboli]

Worst case is we dip below 200 day MA bringing gold to $3500 and silver to below $50. This is clearly Sell on Rise market for several months to come. (2/n)

[Tejas Tamboli @TejasTamboli]

Not so happy news for precious metal bulls on April monthly close. Gold has shown first monthly decline on MACD since Sep’23. Brace for long consolidation in best case; base case is we go back touch 200 day moving avg in both gold, silver and hover around it for while. (1/n)

[Tejas Tamboli @TejasTamboli]

@MithunSarkari Unlikely to give super return in medium term( 4-5 weeks)

[Tejas Tamboli @TejasTamboli]

@MithunSarkari Technically it has been showing topping out sign on weekly time frame.

[Tejas Tamboli @TejasTamboli]

IT stocks are going to perform well in next few weeks. Persistent, TechM, HCLTech, LTTS. Disc: No buy/sell recommendation.

[Tejas Tamboli @TejasTamboli]

@suru27 TechM, Persistent now picking up in weekly momentum. Both are now in that rare category in my view. Likely to see strong performance from entire IT pack in coming few weeks.

[Tejas Tamboli @TejasTamboli]

@sahil_vi Broad indices in Indian markets going into consolidation/correction mode for several quarters if not years.