Learning

  • Trend Reversals – PSAR

    Let us look at “Stop & Reverse” as a Trend Reversal concept. A note to understand Parabolic Stop & Reverse (PSAR).  Parabolic SAR / PSAR / P SAR  It is a Trend Reversal Indicator, with a feature to use the PSAR Value for Stop Loss Trailing which isn’t available with other Trend Reversal Indicators.It is an Overlay Indicator seen as Dots as an Overlay on Chart either just below or above the price as below If the trigger value is used as Entry Stop Loss, it may prove to be ‘safe’ from whipsaws in the early stages of entry before the trend…

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  • Achieving Discipline

    Discipline is not something others do to you. It is something you do for yourself.   The easiest and the hardest way to practice discipline is to wake up every morning at the same time.  Each Day. Each Morning.  Easy or Hard?. I leave that to you to decide. Discipline sounds like a very calm word. But, it’s a mammoth of a task for somebody to follow or an easy-peasy for a for someone. We all learn discipline out of our circumstances and choices. Let me share my thoughts and beliefs on Discipline which have come with time and experience.…

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  • 5 Gems #11

    In announcing the 5Gems, we have tried to create a balanced portfolio of stable and aggressive stocks. Gem 1 UPL Ltd Fully Paid Ord. Shrs CMP 768.65 Market Cap ₹ 58,797 Cr. High / Low ₹ 865 / 407 Stock P/E 18.2 Book Value ₹ 273 Dividend Yield 1.30 % ROCE 13.8 % ROE 15.0 % Face Value ₹ 2.00 Int Coverage 3.09 Sales growth 3Years 30.6 % Return over 3years 14.8 % Debt to equity 1.17 EPS ₹ 41.5 Acquisition of Arysta Life science was an upfront cash deal and most of the funds for acquisition was routed through…

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  • Diwali Picks 2021

    Diwali Investment Picks that you may consider once they dip to levels mentioned. Pick 1 United Drilling Tools Ltd CMP 451.00 BUY @ 410-415 SL 382 TGT 532 Pick 2 MSTC Ltd CMP 395.00 Buy @ 350-360 SL 289 TGT 607 / 711 10-12mths Pick 3 Jyothy Labs Ltd CMP 158.15 SL 129 TGT 218 Pick 4  IFB Industries Ltd CMP 1247.00 Buy @ 1150 – 1160

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  • 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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  • On the Occasion of Guru Purnima

    Pranaam to All! An event I would love to express. My early days as a Trader during 1996-1998, I would always be caught in a dilemma. Hesitancy was at its peak. System was in its infancy. To Act or not to Act? Removing the dilemma in trading had process related issues. And the other part was the ‘Self’. I once asked my village Priest who had taught me the exact way to pronounce Shri Sukth. Is there a Stotra for removing hesitancy?” And he said, “Yes!”. I was surprised that I did not know. He speedily said a few lines…

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  • Nifty Outlook Week Ahead: 03 Aug 20

    Daily Nifty Notable Value Charts for the week ahead. Nifty Futures made a Low 11025.05 as can be seen well in the expanded view below The Low 11025.05 is surprisingly right on the horizontal line on chart, coming from Low of 02Mar20 as seen below If Nifty Futures takes support at 11025.05 and then resumes its rise to convey the ‘Fears of Covid19’ are now in the backyard. As it first Hurdle, it would have a Gap (highlighted in green) as can noted below: The Gap is of 27Feb20 Low 11540.15 and High 11416.30 of 02Mar20. On Daily, the Low…

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  • 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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  • 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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  • 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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