#BAJAJ finserv
Getting tight

The remarkable story of #TataElxsi

Chart shows a 23 yr journey
First 15 yrs range bound
Then 13x in the next 2.5 yrs
Then range bound for 5 yrs
Then 10x+ in next 2 yrs

You just have to catch some parts of these trends.
Disc: We hold in our @smallcaseHQ
https://t.co/3lARUwLkSb

TCS: Co. Approved Rs 18,000 Cr buyback at Rs 4,500 per share today

👉Let us know a brief on buyback.

👉 What is buyback , how will it benificial for shareholders and company itself.

Read the whole thread 🧵, if you like it plz share

👉A buyback of shares is buying back of own shares by a company that was issued earlier. It is a corporate action event wherein a company makes a public announcement for the buyback offer to acquire the shares from existing shareholders within a given timeframe.

The buyback of shares is also known as a stock buyback or repurchase of shares. The company announces an offer price for the buyback that is generally higher than the current market price.

Source BSE / Chittorgarh .com

👉Reasons of buyback

1. Undervalued stock
When the management feels that their stock is undervalued, they adopt the buyback to rectify the stock price. Stock buyback reduces the number of shares in the market and thus gives a price boost to the remaining shares in the market.

2. Tax-efficient method of rewarding shareholders

The dividends get taxed at two levels. First, at the company level and a second time in the hands of the shareholders. However, in the case of a buyback, only the company is liable to pay a buyback tax.

Major Stocks with extremely bullish price actions.

#comboscan of @mystockedge

#Gallops Mindset Pick 13/1/2022

#BajajFinance SL 6846 for 9146-11140

#birlacorp sl 1420 for 1887-2711

#BhartiAirtel sl 674 for 801-855-890

SL on closing basis

#AhmedabadNest #RelativeStrength #trading #educational #StocksToBuy
@Nishshkumar

#BajajFinance
learning & earning..
must retweet.
jitna jada retweet utna jada chart..
#StockMarketindia

Intraday setup for Index derivatives trading - ORB + Pivot Points

Again not my setup. Read about it in Andrew Aziz's book . Modified it a little to suit intraday option selling. Have been working very well so far especially in BNF.

Use 5 mins chart in Nifty and BNF spot. Add Central pivot range, Pivot Points standard on to the chart (Available in Zerodha)

Basically, we are looking for days when Nifty or BNF trend (either up or down)

2/

Mark previous day high and low on the chart. Wait till 9.30 am.

Case 1: Upside Breakout. If a 5 mins candle closes above Previous day high and pivot point (R1 or R2), go long (Futures, Option buy or sell whatever suits)

Case 2: Downside Breakout. If a 5 mins candle closes below Previous day low and pivot point (S1 or S2), go short (Futures, Option buy or sell whatever suits)

Keep the SL below/above the breakout/breakdown candle and trail the SL for target

You would get these setups 7-8 times on index in a month. Success rate would be 40-50%. But the risk reward is very good ranging from 1:3 to 1:5 as well

Spoke with my neighbour. A type 2 diabetic on medications and realized even now there is so much ignorance on this subject. I have done extensive research on this subject (was forced 2 after being diagnosed)

Here sharing it with you all. retweet it, it may save someone's life.

My Neighbour said his hba1c is 7. Everything is fine, he just needs to bring it below 6.9 and he would be fine.
That is just baloney! anything more than 5.6 will result in all kind of complications (Kidney failure,retina failure (blindness) amputations& heart attack etc etc

When i told him the benifits of intermittent fasting and fasting, My neighbour Nitin said, I cannot fast as doctor said i need to eat 5 -6 times a day.

FACT: If you are NOT on any insulin enhancing drugs. you can fast as much as you want. (metformin is OK)

to which he said These drugs r permanent & progressive, you can never stop using them.
FACT: if you can change your diet, you can change your sugar and insulin levels and no longer need these drugs. (advise not aplicable to type 1 diabetics, they wud always need insulin injection

Diet, I am on diet precribed by WHO.
FACT: Fuck WHO, and don't eat carbohydrates. infact another name of diabetes is carb intolerance. You can never acheive 5.6 or lower while eating your rice and roti.

#StockScreener

𝗧𝗿𝗲𝗻𝗱 𝗧𝗲𝗺𝗽𝗹𝗮𝘁𝗲 𝗳𝗼𝗿 𝗠𝗼𝗺𝗲𝗻𝘁𝘂𝗺 𝗦𝘁𝗼𝗰𝗸𝘀 🚀
(Screener that I use for my weekly scans)

Thanks to @swing_ka_sultan for suggesting chartink to me again, I started reusing it.

https://t.co/UsXeD0FBfh

Most simplest way 2 follow a trend without using brains in short term

Unless an hourly candle makes n breaks previous candles high or low (depending on bullish or bearish move) ride it, smaller tf like 5 or 15 mins can give misleading results

#trading #TRADINGTIPS

My exit strategy is simple - If a stock moves up by 10-15% from my buy price, I sell 20% positions and bring the SL of remaining at the buy price. After it moves further up, I trail with 21 MA and if it is up over 100-150% from initial entry, I trail with 50 MA.

ADSL - exit case