Semi conductor index is often considered a leading indicator of health of the economy

Micron: 'we see upcoming significant sequential declines in revenue & margins'

Nvidia: 'Will slow down hiring & control expenses as the company deals with a challenging macro environment'

#TATAELXSI stock is in an ascending triangle formation
The stock is getting resistance near previous all time swing high of 9420
RSI & MACD strong
Volume good in upmove
If it breaks & sustains above 9500, we may see 12500 over time
#stocks
Not trading call, academic post

#Infy futures has given a breakout and a bullish ABC
I have taken a call debit spread at 1600CE-1640CE

My #FIPA combo scan

Stocks showing good quarterly business performance and strong price action.

One of the most simplistic stock scanning engine for Indian markets is at @mystockedge , its an ATM Machine.

#APOLLOHOSP broke out of a huge falling wedge, immediate resistance 200 Day SMA 4462, RSI & MACD are beautifully poised for an up-move
Sustaining above 4500, it can rally towards 4900
#stocks
Not trading call , academic post

The biggest winners have great earnings on the table right near the start of their massive mega move.

Look for Eps growth and acceleration stocks

Your big winners of the next bull market will most likely be from this list

Proven methods followed by achievers like WON , DR

Mr. Vijay Kedia built a net worth of over Rs. 800 crores.

But you probably never read past that headline.

So I binged hours of interviews to learn his investing principles and strategies.

Here are 20 lessons on investing from @VijayKedia1 Sir:

Collaborated with @AdityaTodmal

Before I start, a quick disclaimer, please don't ape his portfolio.

As the entry price, horizon and risk appetite would be far different than yours.

Rather lets draw inspiration and try to learn his stock picking skills.

Now let's DIVE IN👇

1/ Started off as a trader:

- Soon, beginner’s luck started to fade out and loses started to mount, to an extent where his mother was about to sell her ornaments.

- Although he was able to dodge the situation.

- This incident taught him the biggest lesson to have a stop-loss.

2/ Punjab Tractors:

- In 1990, he made his first investment by putting in his 10-years savings of Rs 35,000 in this stock, based on a news trigger that tractor industry will witness a turnaround.

- It worked and fetched him 4-5 times which he calls it as a fluke.

3/ He believes that an investor must possess three qualities:

i. Knowledge,
ii. Courage, and
iii. Patience.

Bajaj Finance

Double Top Pattern Target Acting as a reversal zone

#BajajFinance

Wait for trendline breakout for more upside

KOTAK BANK

In case of a breakdown below 1787.80, the level of 1727 looks likely.

Invalidation level: 1848.80

#HDFC emerging from range, sustaining above 2305, stock can reach 200 DMA 2469, RSI is 50+ & supportive , MACD bullish
#Nifty #NBFC
Not trading call, academic post

ICICI BANK

With the PRZ at 810.80
Might see a drop towards 772-780 levels.

Invalidation- Closing above 810.80

Weekly #CrudeOil chart
The #commodity now has formed a descending triangle
Price now bear 200 DMA
sustaining above 93 , it may rise towards 118 as shown,
below 93, likely to drop towards 58 over the winter (economic slowdown scenario)
#OOTT #Bidenflation #inflation

1/
🧵on dominant USD💵

USD has been on upward swing since mid 2021 and has jumped sharply more recently

❓What is $ Index?
❓USD💵role in global economy? <- reserve currency
❓Why it is so 'strong' right now?
❓What drive it?
❓Will it collapse?

2/

What is $ Index?

The US Dollar Index (USDX, DXY, DX, or, informally, the "Dixie") is a measure of the value of USD💵relative to a basket of foreign currencies often referred to as a basket of U.S. trade partners' currencies.

3/

🌟The elimination of the gold standard fostered the birth of DXY

🌟DXY was originally developed by US Fed in 1973 to provide an external bilateral trade-weighted avg value of the USD against global currencies

🌟DXY reached its high point in 1985 and its low point in 2008

4/

The following six currencies are used to calculate the index. It is a weighted basket

1⃣Euro (EUR) 57.6%
2⃣Japanese yen (JPY) 13.6%
3⃣Pound sterling (GBP) 11.9%
4⃣Canadian dollar (CAD) 9.1%
5⃣Swedish krona (SEK) 4.2%
6⃣Swiss franc (CHF) 3.6%

5/

What is a Reserve Currency?

⭐️has depth and liquidity to allow reliable & efficient international transactions
⭐️freely and easily exchanged for other currencies
⭐️held by many monetary institutions in significant amounts
⭐️A large % of commodities are priced in it