Nitin R

Swing trader | Pine coder | Graphics creator

[Nitin R @finallynitin]

The time has finally arrived to simplify how we use the volume indicator on our charts. With a Tradingview script at the end, here is a thread🧵 on what “simple” volumes are, & how to use them: 👇

[Nitin R @finallynitin]

@iKalpeshB 🤝❤️🙏

[Nitin R @finallynitin]

@iKalpeshB Thanks Kalpesh bhai, I've learnt a lot in intraday from your posts.

[Nitin R @finallynitin]

@mello0069 Here:

https://t.co/SAeRHdscNZ

[Nitin R @finallynitin]

Market Quadrant 43/2026

A no-money* environment. Here, even intraday trading opportunities have become scarce. Most of the structures have broken down. Traders are looking for a technical bounce, but that won’t turn a strong bear like this into a raging bull.

The simplest way to judge if we're in a bear or a bull market is via the % of stocks above 200-day MA.
% of stocks above 200 MA sustaining for at least a month above 50 → Bull Market
% of stocks above 200 MA sustaining for at least a month below 50 → Bear Market
(see quoted post for details)

We have been in a bear market since Feb 2025, & the Nifty Smallcap 100 has had three bear phases since 2018:
Phase 1 (Apr 2018 – Sep 2020, 29 months)
Phase 2 (Mar 2022 – Jun 2023, 15 months)
Phase 3 (Feb 2025 – still open, 21 months and counting)

The index is currently 12% below the September high. The 200-day MA breadth is at 25%. From a long-term perspective, are we oversold? No. Every bear bottom since 2018 came with breadth at 15% or lower. The two earlier legs of this phase bottomed at 10–12%. I’m watching for breadth to drop below 15% while the index holds above its March low of about 15,000.

This week’s quadrant is all-red:
⦿ Bias: Bear
⦿ Trend: Downtrend
⦿ Swing: Downswing
⦿ Momentum: Negative & worsening
Read in detail on Substack if you want more gloominess.

*I’m always wary of labeling an environment as a “no-money” one, because some dedh-shaana traders might pop up in the comments saying that they have been trading successfully in this environment. 😝

[Nitin R @finallynitin]

The simplest way to judge if we're in a bear or a bull market is via the % of stocks above 200-day MA.

% of stocks above 200 MA sustaining for at least a month above 50 → Bull Market

% of stocks above 200 MA sustaining for at least a month below 50 → Bear Market

A thread 🧵

[Nitin R @finallynitin]

@RudeIGL Thanks so much🙏

[Nitin R @finallynitin]

@stocksgeeks 😅

[Nitin R @finallynitin]

@JuniorSahney I understand your concerns about the rampant liquidity. 😝

[Nitin R @finallynitin]

If the government genuinely wants to curb liquidity in Indian equity markets, here are some policy recommendations:

1. Raise LTCG tax retrospectively to 20.47% so that FII are not able to exit longterm holdings. Apt lesson for the goras.

2. Re-KYC everytime a broker login is done. Plus an NOC from five ministries, renewed monthly, mandatory for selling.

3. Exit Transaction Tax (ETT) on every sell order. Plus 56% Liquidity Cess on that ETT. Selling of stocks leads to capital outflows & must be discouraged.

4. All price bands should be capped to 5% maximum. After all why does a stock need to move 10, 20% in a day.

5. Launch a National Liquidity Eradication Mission (NLEM) under a Bharatiya Nirdhan Trader committee with a ₹78,000 crore budget to investigate why liquidity is so abundant.

Na rahegi liquidity, na hogi underperformance. 💪

[RedboxGlobal India @REDBOXINDIA]

Excess liquidity in India’s equity market has contributed to underperformance and may continue to do so, according to Finance Minister Nirmala Sitharaman.

“Because of the ease of liquidity, ease of availability, people are even exiting easily” from equities, Sitharaman told CNBC in an exclusive interview on the sidelines of the IMF-World Bank meetings in Bangkok on Friday.

However, the fundamentals of the Indian economy are “fine,” she said.

[Nitin R @finallynitin]

@devadvisory9939 😄

[Nitin R @finallynitin]

@BrkoutGeek Beautiful presentation. 🤌
Reminded me of Edwards & Magee.

[Nitin R @finallynitin]

@Hirengabani23 One of the best universe scans. I also use this for a long time. Thanks Hiren bhai.

[Nitin R @finallynitin]

@Jktrader_ @TradeMatricx 😂

[Nitin R @finallynitin]

@sandy_goutham 🥲

[Nitin R @finallynitin]

@ManagedByRisk Sarcasm tha bhai 🙈

[Nitin R @finallynitin]

@wip_traders 😅

[Nitin R @finallynitin]

@Tradeological Masterstroke 😂

[Nitin R @finallynitin]

@shoaib35641579 I suggest a 2x slab rate Protest tax on every such person. 😝

[Nitin R @finallynitin]

@gullible555 YES! That’s the spirit!! 😝

[Nitin R @finallynitin]

@AmitTya86194290 😉

[Nitin R @finallynitin]

@vj50000 Retail 😄