To all the Technical Investors
- Master one indicator only
- Use 2nd indicator just to confirm (if you need any)
-Price and Volume is best indicator
All the best!
I am a techno-funda TRADER
I do not have enough funds to be an INVESTOR as of now
Wherever my setup works I applies. I trade SME, LARGE CAP and even NIFTY FUTURES (not options)
Be ruthless, Unaplogetic and consistent in your approach
When you (and only you) have questions about your religion, One need to go back to original texts and understand if any practice (that you have doubt about) exist as essential part of our religion?
PLEASE DO NOT DEMONISE HINDUISM AND BE A PART OF REVIVALISM
@jsaideepak
The expansionist religions would always create a doubt in your own ideals. That doubt is nurtured through out generations and ultimately would push you so far away that your own practice would become just a mirage of original Hinduism.
THIS IS HOW CIVILISATIONS GETS DESTROYED
Large Cos are lacking momentum since End of 2021. No one even talks about #TCS#RELIANCE and some others as if they are on verge of an end
But I think next leg of rally should be led by them
and other cos may take a rest (2/2)
There is a reason I have been tracking #NIFTY as since January MID I was looking at signs of exhaustion in Small Cap and Midcaps
And These are highly momemtum indexes. So I think Money is relocated from these to large Caps (1/2)
So #INVESTING site is down and I am in no mood to pay for #TRADINGVIEW
However here is my observation
- Finance and Banks may trade better tomorrow
#AXIS#ICICI all are at channel support and volume is drying
- FMCG also taken support
We should expect greenery tomorrow
I have been very active this week
Still I am loosing people
Is twitter purposefully not giving me views since I have not subscribed to their premium service or I am a little cautious and People in general dont like it?
So #INVESTING site is down and I am in no mood to pay for #TRADINGVIEW
However here is my observation
- Finance and Banks may trade better tomorrow
#AXIS#ICICI all are at channel support and volume is drying
- FMCG also taken support
We should expect greenery tomorrow
As Warned Problem is not there but pattern is bearish
Although this pattern still havent realised and would only realise when today NIFTY closes in red, tomorrow Green but below the bottom line then descending downward
However as shared biggest draggers are BANK, FINANCE COS
Currently I am not seeing any Problems even at smallest time frames
According to reports the Rates are also not expected to change
So I think We need to watch tomorrow if this pattern realises for #NIFTY
But at very small TF #NIFTYBANK is giving mildly -ve vibes
This is what happens when there is HYPER OPTIMISM.
Usually The bearish element comes only when there is bad news
- Rate Change in Case of RBI Monetary Policy
But in this rally even no change is considered bad and Finance sector is hammered
Thats Why I asked to use SL
During Diwali we worship Saraswati Ma, Laxmi Ma, and Ganpati Bappa.
They symbolise Knowledge, Wealth and Wisdom.
All 3 combines to make a circle of Prosperous life
We need Capital, Financial Knowledge and Own Ability to build Wealth
Good Morning
Currently I am not seeing any Problems even at smallest time frames
According to reports the Rates are also not expected to change
So I think We need to watch tomorrow if this pattern realises for #NIFTY
But at very small TF #NIFTYBANK is giving mildly -ve vibes
#PSE boom is here to stay as Government expenditure is very targeted
But We must not delude ourselves with the #PSB is rising and it should ideally continue to rise However we must use SL and keep upgrading it
Specially near and After the election (2/2)
About @Ashneer_Grover views on #PAYTM or CTO views on IPO Price and Valuation
I think its wrong to target them, they had their view which they shared. No one actually forced you to buy
X is a free university with an option to choose what you want to absorb
Use it wisely!
Wallet can also be replaced but consumer behaviour dictates otherwise
Until yesterday there was news that it was selling its Wallet business, so I told him if that happens then its bad
But News turned out to be Hoax, Paytm can still survive
But Valuation is a different subject
Let us try to understand the debacle of #PayTM
My Brother asked yesterday about future of company, I just told him that until They have their Wallet I think company can function.
As the wallet is the only USP of PAYTM other than that everything can be easily replaced
However, I do not believe in gloominess
We should grab at every opportunity
I just want to say that there are more than 5000 opportunities and if you can catch even 50 of them and master them then trust me you are better trader than 80% of janta already!
Each time I think that everything is black and white, life tells me otherwise.
Wind energy took a backseat and Govt was least interested in expanding the capacity (on ground atleast)
But I found it really weird that #SUZLON gained 4X then I read budget, now I understood!