Nifty Weekly RSI is 38 Now .

As per history , it goes up to 30 Levels 13 times in last 22 years.

10 Times Nifty Recovered from there and made new TOP. 👉( Opportunity ) 😍💸💰⛈️

3 Times it dips down below 30 & Nifty corrected more than 15 % from that level. 👉( RISK ) 💔

** MEGA THREAD ON INVESTING **

I was thinking about what kind of resources I'd want to have if someone has to start learning investing right now, the ones I wish I had two three years back.

This thread is a compilation of the best resources I have come across. 👇👇👇

Let's start with ** BOOKS **

1) The Intelligent Investor - Ben Graham :

Classic book, suggested by investors all over the world. Start with this book.

2) One up on Wall Street

Peter Lynch covers his strategies to find 10 baggers, and describes how an average Joe can do as well as the pros with simple methods and rock solid discipline and consistency backing it.

3) Common Stocks Uncommon Profits

This is a Phil Fisher classic.

It's on the other end of the spectrum as the book dives into a deep qualitative approach in value investing rather than being fully quantitative like Ben Graham's.

4) Security Analysis

Another book by Ben Graham that dives deep into analysing and understanding the valuations of any company you pick up to study.

#FreeTip To understand y htf is important and to understand LTF is a function of htf, best way is to open an LTF chart (25/15/5 min) and zoom out ( minimize) the charts to have a birds eye view . Compare it with htf chart ( 75min / daily) . You can understand the significance.

@Trendmyfriends Super Trend 10,2

@buzz_chronicles save as screeners

Brent down to $98.
Dr Copper has given up all its pandemic era gains.
Now Oil is tanking.
Both are great predictors of an economic slowdown.
Markets are rallying on hopes the Central Banks will hold their rate hikes seeing the commodity meltdown.
Bad news is Good news.
Lets see.