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Tata Elxsi https://t.co/HGCzOz1ALI
Correction \U0001f447
— The_Chartist \U0001f4c8 (@charts_zone) March 20, 2022
During upward breakouts, I have to consider price targets and not %age targets. Therefore the target comes out to be 8540 and not 8900 as mentioned before.
The chart stands updated.
Tata Elxsi https://t.co/sdP9X1s9qs pic.twitter.com/Gmhn3OYiNA
1/ Who: @10kdiver
What: The Magic of Compounding
Tweet:
1/
— 10-K Diver (@10kdiver) January 22, 2022
Get a cup of coffee.
In this thread, I'll walk you through the "magic of retained earnings".
This is the basic theory behind why stocks grow exponentially over long periods of time.
As investors, we'd do well to understand this theory -- and the assumptions it's based on. pic.twitter.com/YkBPzvZdbp
2/ Who: @naval
What: Principles to wealth creation
Tweet:
How to Get Rich (without getting lucky):
— Naval (@naval) May 31, 2018
3/ Who: @SteadyCompound
What: The Warren Buffet way of Investing
Tweet:
Buffett's letters taught me more about investing than any business school ever could.
— Thomas Chua (@SteadyCompound) January 1, 2022
Even after investing for 14 years, I uncover new insights every time I reread his letters.
Recently, I reread his letters from 1977 to 2020 for a third time.
Here are my key insights: pic.twitter.com/ZmIjUNbfqz
4/ Who: @Akshat_World
What: Understanding Inflation
Tweet:
If you stay at your job, your average wage growth would be around 5%-7% in India.
— Akshat Shrivastava (@Akshat_World) February 23, 2022
The usual inflation in India is around 6%.
This means that a large segment of folks working at their jobs become poorer in real terms each year.
[A thread]
Holding 2500 & moving past 2615 would be the 1st sign of reversal attempt
Only +ve factor "Highly oversold"-meant for aggressive traders
Conservative traders wait for some "Bull candle" formation in Day t/f https://t.co/NbwmqJxo0W
sir view on jubilant food works pls
— om namo venkatesaya (@being__trader) March 21, 2022
But logos don't generate customers.
How to design a killer startup logo in 5 minutes, for free:
New entrepreneurs often get hung up on trivial details like logos.
It's what Paul Graham calls "playing house":
Focusing on the trappings of business instead of what really drives growth.
So let's solve your logo problem in 5 minutes.
First off, let's head over to Logo To Use: https://t.co/kDBddyYXuM
This insane site has millions of pro-quality logos that are free to use.
Their license is 100% clear. No concerns here:
We're going to pick a random design.
This one looks good: "Hues"
Oh no! Our startup is not called "Hues".
Not to worry. Click that Download button and save the Hues SVG file to your desktop.
Note: SVG stands for "Scalable Vector Graphics".
At the end of this tutorial you'll have a file that looks crisp at any size.
Is Nifty bullish, or bearish?
— AP (@ap_pune) March 19, 2022
Replies MUST be ONLY with charts, not just 'views', no Russia Ukraine, crude, gold etc.
Can be levels....abv/below
Just technicals....maybe with trend lines, indicators or any other study (EW, harmonics etc)
Charts can be daily, weekly or monthly.
Everyone knows the HH-HL or LH-LL as per Dow theory. This can be a bit confusing on how one marks the Highs and Lows. Long back, I picked up this trick from one of the neo-Dow theorists on what to do in scenarios like this
Simply plot a 5 period exponential moving average on a different panel. A 5-EMA simply shows you a running weekly perspective and kind of smoothens the price where a single spike high/low is not of that much importance
You will see this 5-ema also making HH.HL.LH.LL. So now, rather than focusing on the highs/lows on the charts, focusing on highs/lows on the 5-ema gives a cleaner perspective
As per this charts, unless the 5-ema now closes above 17540 ( the ema, not Nifty price) I will not play this as a bull market. I will deal with this market as a counter move against the major bear trend