• Nifty

    Week Ahead: Bank Nifty Futures Weekly Chart

    Bank Nifty Future Weekly Chart for the week ahead 17 August. Below is the main chart for your reference. It is also low of week closing 13Mar20 as you can see on extreme left circled Last few weeks since 20June20 it is taking support on 21000 on Weekly basis with notable lows of 21025 and 21087 as seen in Value Chart presented as above. For any decisive breakout for a trend to emerge below this range of 21000 needs a strength candle close above below 21000. For any decisive breakout for a trend to emerge below this range of 21000…

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  • Learning

    How to fix Targets for Investment Stocks

    In Monthly Chart take the Low of the last BH>50%CH Candle and multiply by 1.618 for the next month Target. Do it as a one-time activity at the close of every Month. Here is the Simplified Illustration for Asahi India as a Case Study (Fig.1) Condition: CCI 34 in Monthly Chart must be >+100. The stock must be in Momentum and that is gauged by CCI 34 staying above +100. If you are not aware how to analyze a BH>50% CH Candle, here is it. BH is Body Height of the Candle and is the Absolute Difference between Close and…

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  • Learning

    Nimblr’s Aura Constant

    All living persons, things, places or a noun has an “Aura” of its own. Nimblr liked the basic idea and felt that every number also has an “Aura” of its own.

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  • Learning

    Candle Shunting

    Candle’s Body Shunting is valid for momentum or Strength Candles in Nimblr TA Price Flow Analysis. Bullish Strength Candle: Whenever Close of a Star marked or Strength Candle closes above the Open with a Body Height greater than 50% of Candle Height i.e. BH>50%CH it is known as Bullish Strength Candle. (Fig.1) Bearish Strength Candle: Whenever close of a star marked or Strength Candle closes below the Open with a Body Height greater than 50% of Candle Height i.e. BH>50%CH it is known as Bearish Strength Candle. (Fig.1) Fig.1 Bullish & Bearish Candle WHAT DO WE MEAN BY SHUNTING? What…

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  • Candlestick

    Daily True Range (DTR) & Low Margin Cash Trading

    Daily True Range (DTR) as commonly referred is the Difference between High and Low to the Open of the Day. “Daily True Range has its importance in Day Trading where trades have to be squared-off by end of Day.” It revolves around trying to gauge any scope for further Intra day rise or fall in the direction of trade. It starts with noting the day’s high and low and the difference as a percentage to Open of the Day. It is a foot rule guide for measuring price flow in terms of percentages that can relate well to the percentage…

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  • Learning

    Pullback and CCI Indicators

    In Nimblr TA, Pull Backs are discussed with Commodity Channel Index (“CCI”) Indicator as supporting tool. Let us begin with understanding parameters of CCI used here: CCI:  Used with two parameters i.e. Time Frame and Period Period: It pertains to no of candles in count. Time:  It is measured in minutes, hours, weeks, months, days, yearly. Let us now understand few commonly used CCI indicators: CCI 34 30 min:  it means the number of candles it considers is 34 and period of each candle is 30 min CCI 34 5 min:  it means that the number of candles it considers is…

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  • Learning

    What is CCI + BO ?

    In NimblrTA, CCI + BO is a common terminology used in Intra Day Trading Whenever CCI enters into momentum and Breakout is confirmed. Momentum referred here is when decisive trended price action occurs that could give gains in lesser than normal time in the trade. Primarily, CCI B means upside Buy Momentum. It signifies that CCI has just been greater than 100 and the stock is said to have entered a Buy Momentum. (Fig.1) CCI S is down side Sell Momentum. It signifies that CCI has just been lesser than -100 and the stock is said to have entered a…

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  • The Folly of StopLoss

    The Folly of Stop Loss Many believe with a Stop Loss in place the risk control job is taken care. But that’s not your only job. Your job is to minimize loss too and not adopt a costly loss aversion method of Stop Loss. Its Foolish to Leave it to the Stop Loss for Loss Aversion. And that’s The Folly of Stop Loss. Of course the trading platform demands and must therefore have a Safe Stop Loss for the Trading Platform which facilitates better scope for profit cover and at times even a loss cover order. Of course Stop Loss…

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  • Trader Supremacy

    Habits & Losses

    Habits & Losses Wishful thinking is a Speculative Habit! To wish is Speculative. ‘Hope for the Best’ is speculative and can lead to losses. Acting in anticipation without confirmation is speculative. ‘Let me Try’ is a speculative act. ‘Try, Try till you succeed’ can lead to Over trading. ‘It will happen’ kind of haughty self-righteousness doubles losses. ‘I am sure’ can make you add positions and lose. ‘I know’ of the news can turn into a nightmare. Caring for more Gossip may open you to trading on Gossip. Some overnight Buy Back news may risk you to make a trade.…

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  • 5Gem

    5 Gems #8

    In announcing the Gems, we have tried to create a balanced portfolio of stable and aggressive stocks. The portfolio is built around FMCG stocks Colgate and Hindustan Foods with faith in ONGC for Crude and LIC Hsg for Housing Finance. A stable niche business Advanced Enzyme is picked as available at a lucrative price for the long term. Gem1 Colgate-Palmolive (India) Limited CMP 1734.45 Market Cap: ₹ 47,203 Cr. Current Price: ₹ 1,736 High / Low: ₹ 1,823 / 1,322 Stock P/E: 44.1 Book Value: ₹ 42.9 Dividend Yield: 2.19 % ROCE: 92.0 % ROE: 75.1 % Face Value: ₹…

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  • 5Gem

    5 Gems #7

    In announcing the Gems, we have tried to create a balanced portfolio of stable and aggressive stocks. Hero Motorcorp and Kitex as more aggressive and NHPC Coal India & RECL will rise on a firm ground. Gem 1 Coal India Ltd CMP 146.60 Market Cap: ₹ 90,192 Cr.   High / Low: ₹ 165 / 110 Stock P/E: 6.54 Book Value: ₹ 59.3 Dividend Yield: 10.9 % ROCE: 46.1 % ROE: 37.0 % Face Value: ₹ 10.0 Near term uptrend likely over the next few months due to Baltic Index and QE Taper may firm USD thereafter. INVEST CMP 146.60…

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  • 5Gem

    5 Gem #6

    In announcing the Gems, we have tried to create a balanced portfolio of stable and aggressive stocks. Affle and Supreme would move swiftly while, Shakti  Pumps,  SBI Card and Shipping Corp may move steadily. Gem 1 Affle (India) Ltd Weekly Chart CMP 4363.35 Market Cap: ₹ 11,628 Cr. Current Price: ₹ 4,363 High / Low: ₹ 6,287 / 2,452 Stock P/E: 76.6 Book Value: ₹ 135 Dividend Yield 0.00 % ROCE: 39.2 % ROE: 45.9 % Face Value: ₹ 10.0 Quarterly YOY’s are rising and yet to stabilize for the stock to turn sideways. A Dip is a Buy .…

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  • 5Gem

    5 Gems #5

    In announcing the Gems, we have tried to create a stable portfolio with a India Nifty Vix trade prospect for the few months ahead. HAL & HDFC AMC moving towards earlier ATH; Petronet LNG & JB Chem on verge of the next fresh rise with Nifty VIX the fizzy element. Gem 1 J B Chemicals and Pharmaceuticals Ltd Daily Chart CMP 1731.00 Face Value: 2 Book Value: 234 PE: 30 ROCE: 32% ROE: 24% Improved Q1 22. Expect been valued at PE 40 and rise till 2200. Gem 2 Hindustan Aeronautics Ltd (HAL) Weekly Chart CMP 1128.00 Face Value: 10…

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  • 5Gem

    5 Gems #4

    In announcing the Gems, we have tried to create a balanced portfolio of stable and aggressive stocks. Bayer Crop, Alphageo and CESC may provide swift run up while Esab and Kanto could be the defensive stocks.  Gem 1 Bayer Crop Science Ltd Weekly Chart CMP 6092.00 Face Value:10 Book Value: 567 PE: 55.8 EPS: 109 A Stable business which market revisited and adjusted valuation from a low 2995 (Mar20) to new ATH 6601.25 (Sept20). Thereafter, the stock corrected to a low of 4921 in Mar21 and is gathering momentum. The 6-Monthly Chart suggests, Retest is over too as below: Next…

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  • Case Studies

    Case Study #2 Nifty50 FMCG

    Breakout Case Study on Nifty50FMCG.  Breakout flare-up is on the way, if Weekly Close is above 36565. Fibonacci Targets: 61.8%  37401 100%   37921 Case Study Such case studies are a part of the Nimblr’s Trading Candlesticks Course in a similar manner as below We are inspecting whether, Nimblr Classical 2-Strength Candle breakout has occurred. The Range Breakout Concept is being tried to inspect if the Breakout has occurred. Here, we start with the following chart for the week ended 18June21. In the above charts, we have to consider Retest as a Qualified Range to inspect the breakout. If you observe,…

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  • 5Gem

    5 Gems #3

    In announcing the Gems, we have tried to create a balanced portfolio of stable and aggressive stocks. Castrol India Ltd & Cupid Ltd has limited downside while 20Microns Ltd and Shree Pushkar Chemicals as aggressive stocks. Canara Bank may turn out to be a good positional trade of Aug21 expiry.  Gem 1 20 Microns Ltd Daily Chart CMP 66.25 Range Play that offers scope for uptrend. Face Value: 5.00 Book Value: 56.4  Price to Earnings (PE): 10.5 ROCE: 15.9% Yield: 0.91%  Stock has scope for better valuation by another 50% till 100.00 conservatively. Company announcing Quarterly results on Tuesday 10thAug21. Stop…

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  • Case Studies

    Case Study #1 Kotak Bank

    A Classical Impulse Case Study through its various stages that provides an Intra Day trade for day traders and Nimblrite’s Learning.   Kotak Mahindra Bank Ltd 5 Min Daily Chart 4Aug21 Part 1 Expanded View One sees the descending Lower Lows on the previous day with the yellow line. Near the end of the previous day, there is a Breakout with IC High BO Line at 1685.85 The next day, it Opens Gap Up and in the first 5min candle itself, it does Retest of BO Line 1685.85. The 5min candle has a Long Tail that does the Retest. Next…

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  • 5Gem

    5 Gems #2

    In announcing the Gems, we have tried to create a balanced portfolio of stable and aggressive stocks. CARE Ratings Limited has limited downside while Munjal Auto & Shivam Auto from the same sector would come out of range play. MSP Steel and Power Ltd for post pandemic economic revival and Burger King as a good long term compounding stock. Keep hooked for the next release next week. Gem 1 Munjal Auto Industries Ltd Daily Chart CMP 66.30 Expect Price to touch 79 / 94 in 1-2 months. Review thereafter for a Bigger Rally. Technically stock in Monthly Momentum as per…

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  • Learning

    BankNifty Futures – Week & Month Ahead

    Analysis for the period 24July 2021-30 August 21   BankNifty Futures Monthly Chart CMP 35040.90 If we see a monthly close on 30July21 above 36580, it would test 37770 and even rise till 42258 by Aug -Sept21. It is well supported at levels 32899 – 32905 and 34298 – 34305. BankNifty Futures Daily Chart CMP 35040.90 as below: Yesterday, 23 July 2021, could be a day of significant reversal as it made a Lower Low of 34405.50 and much closer to earlier Lower Low of 34440.00. Lower Lows close to each other is first sign of a bottom. Only thing…

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