I have invested a part of my cash reserves at today's bottom.
I will continue deploying my remaining reserves during this downfall.
This is where the alpha differential comes from.
If you're able to sit on cash during a downfall, your drawdown is reduced and you have the
Transparency as always:
My swing trades taken last week are in the red given that the entire markets have tanked on US-Iran escalations.
Although all trades were taken at 50% of intended position size, I will not be adding to them.
This is just to remind everyone that we're
Another decent intraday trade on crude.
The daily chart indicated a long bias.
The setup and risk: reward were pretty clear on the small timeframes as well.
Got out with a simple 1:2.
Missed half of the move up but that's just how it is with trading.
BSE 1W chart.
Weekly price action looks great.
The risk to reward scenarios are favourable as well.
Do not miss out on a high probability trade like this.
Nifty is 11% below its all-time high, yet India VIX closed at 10.3, the calmest reading in any 10% Nifty fall since 2008.
An interesting time for options traders.
Portfolio performance update:
My combined portfolio NAV across equities, FnO and commodities has grown 3.3x since May 2023, a ~41% CAGR, versus ~7.5% CAGR for the Nifty 50 over the same period.
Looking back, here are a few things that made the biggest difference to my
Portfolio performance update:
My combined portfolio NAV across equities, FnO and commodities has grown 3.3x since May 2023, a ~41% CAGR, versus ~7.5% CAGR for the Nifty 50 over the same period.
Looking back, here are a few things that made the biggest difference to my
Ended today's intraday session at +9.6L.
Took a total of 3 trades using the 5-minute chart of WTI.
I rarely trade intraday, however, today's setups looked a bit too good to let go of 🤝
I'm letting you guys in on one of my intraday strategies:
This is a simple mean reversion intraday trade on crude that I took today.
Went long at a key price level - this was after receiving confirmation from the 5-minute reversal candles.
RSI was also at heavily oversold
BSE 1W chart.
The stock has always ended its corrections near the 50EMA mark.
Here are a few fundamental reasons that support BSE alongside the technicals:
• Nifty 50 entry from Sep 30 (replacing Wipro): approximately ₹7,000 cr of passive buying, which is ~7x average daily
This is for anyone who has the free version of TradingView.
All your NSE and BSE charts will be delayed by 15 minutes.
Do not trade based on the charts until you buy a paid version of TradingView.
If you use TradingView from a broker you have nothing to worry about.
This is for everyone who wasn’t able to receive my guide over the weekend:
Drop a comment on this post, and I’ll have the guide sent to you via DM.
Keep in mind: you must be following me for it to be sent.
This is for everyone who wasn’t able to receive my guide over the weekend:
Drop a comment on this post, and I’ll have the guide sent to you via DM.
Keep in mind: you must be following me for it to be sent.
Requesting you guys to give the automation 1-2 days to send this out to the first 500 people 🤝
Will 100% be sent before the markets opens on Tuesday.
x.com/ChipD1/status/…
As promised, here are my top picks for swing trades this month.
The first 500 people to like, comment, and retweet will receive Series III of my report via DM.
Please note: you must be following me to receive the report.
*For educational purposes only*
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