Thought of the day: If u want to be ahead in the game, start reading corporate announcements on BSE / NSE....believe me 90% of market participants have no clue of news already public.....

Why Gold could be 'The' asset to focus on and how to play it?

In 2021, gold hasn't done much. Its down 6% YTD. It was up a clean 20% in 2020.

What could be in store ahead. A thread 🧵 explaining drivers and way ahead.

There are 4 factors that are key to watch

1. Massive financial debasement across the world

2. Negative Real Interest rates

3. Gold's unique diversification edge

4. Incremental demand Vs limited supply

Financial debasement
US Fed's balance sheet has doubled from $4.2 trn to $8.4trn since COVID began. Similarly ECB, BOJ, BOE and EM central banks have embarked on massive monetary stimulus.

This was used to finance Govt deficit. This monetization/debasement is bullish for Gold.

Negative real rates
Gold prices follow moves in interest rates. Real interest rates are the nominal level of interest rates minus the inflation rate. Negative real rates erode the value of money. Gold being a store of value benefits from this...

Real rates are the most negative that they have been. Even junk bond yields have turned negative adjusted for inflation.
Gold moves inline with moves in real rates. With inflation still above normal trend and central banks likely to keep rates low, Gold is likely to benefit.

HDFC Bank - for ultra conservative traders. Breaking out.

#APLAPOLLO

Weekly chart at support level

SL - 800 wcb,

@Jitendra_stock , @Rishikesh_ADX
@nakulvibhor , @ca_mehtaravi
@ash_lodha

#indiamart
Bullish ABC Breakout-old open counts
keep sl 8144 on closing basis for 14000/16000
#AhmedabadNest #RelativeStrength #Outperformance #Investment #India

#DIVISLAB
Price fell to a trough and then rose up. Capped at the resistance zone of 5315.50~5332.65

Only a swift move through this price band would open the north bound territory towards new highs.

#alkylamine

Chart speaks a lot here !!!
#StockToWatch #StockMarket #nse

Shared view on #hindcopper to grp when tweeted here abt #copper view while there was gud fight over it among two chartist. Simple price&vols charts have clearly shown bottom formation. Trust ur charts & not what others say. Remember everyone is right/wrong in Markets. Period.

ApolloHospital

Looks bearish and could test 3827.
Cmp 4377, if it manages to close above 4433, then trade fails.

#RELIANCE-2719

#Example of new on surface..

#Fibonacci extension
#Fibonacci retracement.

If you observe closely Stock price movement each Fibonacci retracement and extension generate #news

How is it possible ?

#Observation

#ITC-247.85

Objective is to creat lower top against ATH (367.70)
It may be at Fibonacci retracement

0.618%(278.65)

Or
At 0.786%(317.80)

Near term base case 200.

#Probability
#Perspective

2 Pharma stocks are making IhnS at ATH's 👀

SUn added at ATH's ( this was 1 of them )

This is the other one ...buy order abv 5316