@charts_zone For me its a mix of two :)
TA would have shaken me out plenty of times in a Microfinance company I hold. Fundamentals were indicating solid results going forward. Fundamentals are abused, not thought about the right way due to general perception
TA would have shaken me out plenty of times in a Microfinance company I hold. Fundamentals were indicating solid results going forward. Fundamentals are abused, not thought about the right way due to general perception
@charts_zone Just like in TA, when a trader objectively cuts his position. Similarly in Fundas, one has to be nimble and not fall in love with buy and hold
@charts_zone Using Technicals to:-
Know about market psychology,
Sectors showing strength,
exits or if I am missing something?
Screening (v important)
Know about market psychology,
Sectors showing strength,
exits or if I am missing something?
Screening (v important)
@charts_zone Fundaments for:-
1. Avoiding crap (inspite of chart being strong)
2. Earnings momentum (Holy grail)
3. Identifying operating leverage
4. Where we are in the cycle in terms of margins/Happy to leave money on the table, and not go over the board
1. Avoiding crap (inspite of chart being strong)
2. Earnings momentum (Holy grail)
3. Identifying operating leverage
4. Where we are in the cycle in terms of margins/Happy to leave money on the table, and not go over the board
@charts_zone Thus, taking best of the two world or trying to. Fit it into my framework- Hit rate has improved in last 9-10 months ever since started doing it
+Losers I cut ruthlessly, especially when fundas deteriorate (given I track rm prices etc) There TA can also be lagging sometimes
+Losers I cut ruthlessly, especially when fundas deteriorate (given I track rm prices etc) There TA can also be lagging sometimes
@charts_zone Eg:- Have been tracking rail stocks- all the sector is showing strength. Don't have additional capital at the moment. RS threw up these names since last 2 months
@charts_zone Eg:- Banks, this one I was positioned fundamentally first- TA (liquidity entered later)
Mix and match, not perfect by any means. Still learning
Mix and match, not perfect by any means. Still learning
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