Classical Chartists | Passionate Traders On a Mission to Simplify Technical Analysis | SEBI Registered RA | INH000024231

Joined December 2020
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This is the heart of our trading strategy. Sharing it with you all ❀️ Our trading picks predominantly revolve around this.
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#NIFTY on Charts πŸ“ˆ 2 months of pure chop. Traders frustrated. Investors confused. Every week it's the same story: ➝ "Peace deal soon" ➝ Fresh escalation the next day The market is absorbing bad news and waiting for a trigger. Despite, Constant broken promises, CRUDE touching same Mar-26 highs again, Rupee reaching new lows. NIFTY did not break March-26 lows. It's a sign of underlying strength, not weakness. The moment a real peace deal is signed, not just promised we expect 24,400 & 25,000 in quick time🎯 Expect the index heavyweights to lead this rally.... you know what we talking abt πŸ˜‰
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#VOEPL is the market sleeping on it ? βœ… In-principle nod to migrate from SME to Main Board. βœ… FIIs quietly doubled their holding to 11.14% in just two quarters. βœ… Malabar Fund went aggressive, hiking their stake to 7.91%.
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BANKS BANKS BANKS πŸ¦β€πŸ”₯πŸ¦β€πŸ”₯πŸ¦β€πŸ”₯πŸ¦β€πŸ”₯
Playbook for the next 3 months: 🏦 Trade the banks. [Momentum]🟒 πŸ’» Accumulate IT. πŸ’Š Avoid chasing new highs in Pharma/Healthcare Pharma has already delivered. The only thing that can derail this playbook? One reckless headline from Trump that escalates the war again! πŸ™
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Playbook for the next 3 months: 🏦 Trade the banks. [Momentum]🟒 πŸ’» Accumulate IT. πŸ’Š Avoid chasing new highs in Pharma/Healthcare Pharma has already delivered. The only thing that can derail this playbook? One reckless headline from Trump that escalates the war again! πŸ™
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$GOLD down to 146,000 so far! Moving just as analysed! 😎😎😎😎
$GOLD The structure's starting to crack, expecting a move down to β‚Ή1,40,000 soon.
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The ultimate chart for anyone sitting on cash right now. β€’ 10-Year Median Nifty PE: 23.4 β€’ Current Nifty PE: ~20 We are officially trading below a decade's worth of average valuations. The last time the market was this fundamentally "cheap" relative to its earnings power, it laid the foundation for a massive multi-year rally. Corrections break portfolios if you trade the noise, but they build wealth if you trade the cycles.
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Bold View : #NIFTYIT sector can make a temporary bottom in coming days keep an eye out πŸ’Ž
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India is Growing at 7.8%. So Why Doesn't It Feel Like That on the Ground? ⭐️ Read Here ➑️: open.substack.com/pub/thecha… #stockmarketindia
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The Chartians retweeted
"India is a great long term story" & "India is the best trade right now" are two different statements. Most people confuse the two. FIIs don't. One costs you nothing, the other costs you dearly if you're wrong. #stockmarketindia
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History never repeats. But it rhymes ?
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$GOLD The structure's starting to crack, expecting a move down to β‚Ή1,40,000 soon.
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$XAUSD Levels.
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India's Growth story has been on pause for 2 years.
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Absolutely zero discussion around #LTCG. Bloomberg went wrong twice now, first with RBI selling gold reserves now spreading news about LTCG re-accessment. #bloomberg #cabinet #nifty
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The Chartians retweeted
Google which is cash surplus, just announced an additional capital raise of $80 bn. Google annual profit is $160 bn, last quarter $62 bn, and market cap $4.5 trillion. That is close to total profits and market cap of all Indian listed companies put together. It’s a wake up call to all companies to invest into the future, whatever the present maybe. Now that IPL is done and dusted, time for India to focus on business of business.
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Rising oil, rupee at all-time lows, capital outflows. Real pressures. But selling the family gold is a line most central banks don't cross lightly. #RBI
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#MOTABHAI setting up for a breakdown. πŸ‘€ Remember, when #RELIANCE sneezes, #NIFTY often catches a cold.
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Focus on Stocks that are still not breaking their 10/20ema 🫴 They will bounce back with : βœ… 2X speed when market settles down. βœ… 4X speed when market recovers. βœ… 8X speed when market leads. Focus on Leaders. Focus on Few stocks. #Trading #Swingtrading #Stockmarkets
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