BC SCREENERS

Mayank Narula
@Mayank_Narula1 4 years, 5 months ago 452 views

Cyclical stocks (metals, commodities, even auto) have the lowest PE multiples right around the top when cycle is about to turn.

That's when they suck in the retail.

50 % drawdown in sail done from high of 150 to 75 now.

Without knowing how to play the cyclicals one would lose a lot of money there looking at pe ratio in single digit.
— Sandeep M (@Sandeep_Majjigi) May 23, 2022

More from Mayank Narula

Mayank Narula
@Mayank_Narula1

GOLD: I don't understand what's so complicated about Gold.

Below 1920: Must avoid.

Above 1920 on weekly and monthly closing basis: Breakout of epic proportions.

Mayank Narula
@Mayank_Narula1

#DELTACORP

Channel from 2020 bottom broken.

Can go down to 200 if 250 is broken on closing basis.

Definite exit if someone is holding from lower levels.

Mayank Narula
@Mayank_Narula1

#NIFTY
#SMALLCAPS

Spot the similarities between Nifty March-April 2020 move and Smallcaps current move.

Both are forming leading diagonals.

#Bullish

Mayank Narula
@Mayank_Narula1

I will be a buyer under 13800 levels, but depending upon the reversal on smaller timeframe.

#BITCOIN

Pending RSI divergence on monthly chart which requires a dip under 13805 to get resolved.

But monthly RSI divergences can go on for years before the resolution.

Best case scenario will be panic dump over next few months. pic.twitter.com/hi67hMg9sZ
— Mayank Narula (@Mayank_Narula1) March 5, 2022

Mayank Narula
@Mayank_Narula1

You want to fundamentally invest in steel or metals or sugar or textile stocks?

Wait for worst earning performance to buy and then sit with patience.

And when is the best time to sell?

When earnings improve and PE ratio goes to single digit.

Case in point: SAIL and Tata Steel with PE of 2 and 3 respectively

More from Screeners

JayneshKasliwal
@JayneshKasliwal

The Darvas Box Trading Strategy
A Detailed Thread 🔖 + 1 Book Give Away !

Rules For Giveaway :
Follow @JayneshKasliwal
🔄Retweet and
♥️ Like this Tweet
One Lucky Winner will be Selected
#StockMarket #darvasbox

About Darvas :
In the late 1950s, Nicolas Darvas was one half of the highest paid dance team in show business.
Darvas turned a $36,000 investment into more than $2.25 million in a three-year period.
1/n

It was on a two-year tour of the world that he initially developed his ‘Darvas Box’ method of screening stocks – a method of picking stocks based on the stock’s price and volume .

Read more About his life :

Trading Style :
TREND FOLLOWING MOMENTUM TRADING
📌Darvas was tracking stocks only making new high
Trading stocks breaking 2-3 year high.
📌But 52-week high is mostly tracked for this theory
📌Emphasized very much on Huge volume Breakouts

A typical Darvas Box Chart :
3/n

Rules to Follow :
Stock Price Should be within 15 to 20 % of Highs
Overall trend of the stocks should be up and greater than 200 ema
Preferably 100% up then the 52 week low
Look for Industry Leaders , with High Growth
4/n

Aditya Todmal
@AdityaTodmal

A lot of websites provide you with data for trading.

However, I liked the free website of Icici Direct the most.

Here is a breakdown of what it can do: 🧵

Collaborated with @niki_poojary

Advantages:

1. Quantitative Analysis in one place
2. Easy to find stocks where action taking place
3. Find the exact price levels at which OI is being added.

You can check out this free website by clicking on this

Where is the action taking place?

For eg, Nifty Heatmap Can easily scan for:

- Long Build up = Price Up and OI up
- Long Unwinding = Price Down and OI down
- Short Buildup = Price Down and OI up
- Short Covering = Price Up and OI down

Price levels of OI being added:

• Check 15 mins Built-up in any stock
• Can find Intraday Bullish and bearish trend
• Eg of IBUL who was down 5% on Friday. Short Built-up had started in the morning itself.
• Shows the quantities which are being traded in those intervals.

Time Intervals:

• There are 25, time intervals available every day.

• If a stock has to go up or down a lot it will be heavily dominated in these time intervals.

• IBUL had 10 times short built up on Friday. -5.79 %

• ITC had 14 long built-ups on Friday. +2.6%.

$Shravan Venkataraman \U0001f525\U0001f680\U0001f4b0$

Shravan Venkataraman 🔥...
@theBuoyantMan

** 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.

Ajay Bagga
@Ajay_Bagga

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.

Yashraj Rana
@yashraj_rana

Inside Bar (IB) is an effective trading strategy where a range is formed & we trade on a Breakout/Breakdown.

What is IB?

Textbook definition of IB:
When the current bar is trading inside the previous candle's high and low (range)

Here's a live example from the Tata Steel Chart where you can see multiple IB forming on 15 minutes chart.

I've marked 2 IBs in the circle where we can find the mother candle & the inside bar candle.

So how do we trade this?

If the overall trend is bullish, then you should be looking at high on the mother candle. When the mother candle's high is broken, you can place your SL at:
1. Low of the mother candle, or
2. Low of the Inside Bar candle.

Both the eg are in charts:

And Vice Versa for the Bearish bias.

If the overall trend is bearish, then you should be looking at low on the mother candle. When the mother candle's low is broken, you can place your SL at:
1. High of the mother candle, or
2. High of the Inside Bar candle.

I prefer keeping the high or low of the inside bar candle as my SL.

Remember there are 100s of ways to trade this, ultimately your position sizing & risk management will come into play.

Position sizing can be calculated using the SL, and risk can be managed.

List of companies with more than 50% Market Share:

1) Maruti Suzuki (passenger cars)
2) APL Apollo (structural & pre galvanized tubes)
3) CDSL (investors accounts)
4) Interglobe Aviation (air traffic passengers)
5) GMM Pfaudler (glass lined equipment)

6) Asian Paints (decorative paints)
7) Colgate (oral care)
8) Symphony (coolers)
9) PGHH (female care & vaporub)
10) La Opala Rg (opalware)
11) HLE Glasscoat (filtration & drying equipment)
12) Delta Corp (online poker games)
13) Bajaj Auto (3W segment)
14) Vinati Organics (IBB)

15) OCCL (insoluble sulphur)
16) LMW (textile machinery)
17) Bajaj Consumer (almond hair oil)
18) Indiamart Intermesh (online B2B Classified space)
19) Vst Tillers (power tillers)
20) Sanghvi Movers (overall domestic crane hiring market)
21) Emami (antiseptic & male grooming)

List of companies with more than 60% Market Share:

1) Concor (domestic container cargo transport)
2) Exide (lead batteries)
3) Naukri (Indian job market space)
4) Praj (ethanol plant installing)
5) ACE (mobile & tower cranes)
6) Pidilite (adhesives)
7) Jamna Auto (leaf spring)

8) CAMS (RTA within mutual fund industry)
9) Time Technoplast (polymer based industrial packaging)

Noah Smith
@Noahpinion

1/Politics thread time.

To me, the most important aspect of the 2018 midterms wasn't even about partisan control, but about democracy and voting rights. That's the real battle.

2/The good news: It's now an issue that everyone's talking about, and that everyone cares about.

3/More good news: Florida's proposition to give felons voting rights won. But it didn't just win - it won with substantial support from Republican voters.

That suggests there is still SOME grassroots support for democracy that transcends

4/Yet more good news: Michigan made it easier to vote. Again, by plebiscite, showing broad support for voting rights as an

5/OK, now the bad news.

We seem to have accepted electoral dysfunction in Florida as a permanent thing. The 2000 election has never really

Bad ballot design led to a lot of undervotes for Bill Nelson in Broward Co., possibly even enough to cost him his Senate seat. They do appear to be real undervotes, though, instead of tabulation errors. He doesn't really seem to have a path to victory. https://t.co/utUhY2KTaR
— Nate Silver (@NateSilver538) November 16, 2018