Discover and read the best of Twitter Threads about #BALKRISIND

Most recents (5)

Q&A Insights: Ashutosh Tiwari of @EquirusGroup asked if Waluj machinery is still usable or if the capex be incurred later on. Rajiv Poddar Joint MD replied that at the moment it is usable and since there is a strong demand, the company is continuing to use it.
Q&A Insights: Ashutosh Tiwari of @EquirusGroup also asked about the capex number for FY23. Rajiv Poddar Joint MD answered that it will be roughly INR900 crores for FY23.
Read 8 tweets
A Thread on Ratio analysis and respective charts
No need to grab a coffee,Chai will došŸ˜„

The idea is to identify relatively stronger sectors & stocks when breadth is weak

Breadth=DT 1% (No of stocks in Double top buy on 1% PnF chart)

Breadth started falling from 14th Jan 2022
So we need to identify sectors which remained resilient when market breadth was falling.

We will look back 8 trading sessions and any score above or equal to 5 is bullish (63% of times Sector outperformed benchmark)
Mean reversals are best suited for current market breadth scenario. Once we have identified the sector the next step is to identify stocks in same fashion.

However the idea is to pick only stocks which are taking support near 50 or 200 EMA

Let us begin with first sector šŸ‘‡
Read 16 tweets
ā€œLast Diwali to this Diwali: Summary of Momentum Investments/ Trades taken (#MostlyMomentum)!!ā€:

Introduction of my journey so far:
I started my #StockMarket journey Jul- 2016:

ā€¢During 2016-17, as a typical new investor, started with TV Tips, and IPOs,
this (IPOs) helped in a way, best #DMART has still been the best of IPOs I applied for, got allotment, and kept for couple of months and captured fastest 282% of my #StockMarket journey.

ā€¢ During 2017-18, decided not to go after TV Tips,
and started doing something on my own including a little Option ā€œBUYINGā€ 12, lost some funds in Option Buying, but gained a lot of experience regarding not to so something you donā€™t know. Alongside this, also started exploring cash market strategies of buying what is going up and
Read 25 tweets
#BrokerageRecos 25th September 2020
#ANUP The Anup Engineering Image
#BRITANNIA Britannia Industries
Previous Appearance: tradewithchannels.blogspot.com/2020/09/brokerā€¦ Image
Read 17 tweets
Stocks for 12/08/20 Intraday

#GLENMARK
#ADANIPORTS
#TCS
#TVSMOTOR
#MUTHOOTFIN
#HINDUNILVR
#HDFCLIFE
#BALKRISIND

Based on NR7, Volume and Volatility concepts
Results of the Day : 2/8 Stocks gave tradeable moves

1/2 : #TVSMOTOR

Starting the day Bullish, the stock was running out of bullish pressure near previous day's high, hinted by increasing volumes but small range candles.

+1R profits booked because of Bullish wick. Image
2/2 : #BALKRISIND

- The stock wicked on both sides at the Start of day but Bullish candles came in with increasing Volumes.
- Price took support at VWAP continuously
- Notice the presence of Very few Bearish candles

+3R profits booked.

Please Like / Retweet Image
Read 3 tweets

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