Nitin Ranjan

December 9, 2022

WeeklyIndexCheck CW49/2022

Market Quadrant ⦿ Trend: Confirmed Uptrend ⦿ Momentum: Positive but weakening ⦿ Breadth: Strong ⦿ Bias: Bullish ⦿ Swing Confidence: 25 Trend ⦿ Most indices (including Nifty, CNX500, Midcap, Smallcap) are in a confirmed uptrend. ⦿ Auto & Power are in uptrend under pressure. ⦿ IT & Pharma are in a confirmed downtrend. Momentum ⦿ NiftyJr,...

December 2, 2022

WeeklyIndexCheck CW48/2022

Market Quadrant ⦿ Trend: Confirmed Uptrend ⦿ Momentum: Positive & improving ⦿ Breadth: Strong ⦿ Bias: Bullish ⦿ Swing Confidence: 100 “For the first time in CW2022, we are having an all-green market quadrant!” Trend ⦿ Most indices (including Nifty, CNX500, Midcap, Smallcap) stay in a confirmed uptrend. ⦿ NiftyJr & FMCG also enter a con...

November 25, 2022

WeeklyIndexCheck CW47/2022

⦿ Trend: Confirmed Uptrend ⦿ Momentum: Positive & improving ⦿ Breadth: Improving ⦿ Bias: Bullish ⦿ Swing Confidence: 75 ⦿ Most indices (including Nifty, CNX500, Midcap, Smallcap) are in a confirmed uptrend. ⦿ Among major indices, only NiftyJr is still in uptrend under pressure. ⦿ Pharma is the only index in a confirmed downtrend. ⦿ Mos...

November 18, 2022

WeeklyIndexCheck CW46/2022

Market Quadrant ⦿ Trend: Confirmed Uptrend ⦿ Momentum: Positive but worsening ⦿ Breadth: Worsening ⦿ Bias: Bullish ⦿ Swing Confidence: 25 Trend ⦿ Most indices are in a confirmed uptrend. ⦿ Among major indices, Smallcap & NiftyJr are still in uptrend under pressure. ⦿ Media & Pharma are in a confirmed downtrend. ⦿ Auto & Consumption mov...

November 11, 2022

WeeklyIndexCheck CW45/2022

Market Quadrant ⦿ Trend: Confirmed Uptrend ⦿ Momentum: Positive & improving ⦿ Breadth: Marginally worse ⦿ Bias: Bullish ⦿ Swing Confidence: 75 Trend ⦿ Most indices are in a confirmed uptrend. ⦿ Among major indices, Smallcap & NiftyJr are still in uptrend under pressure. ⦿ Media & Pharma are in a confirmed downtrend. ⦿ IT & Energy are i...

November 4, 2022

WeeklyIndexCheck CW44/2022

Market Quadrant ⦿ Trend: Confirmed Uptrend ⦿ Momentum: Positive & improving ⦿ Breadth: Improving ⦿ Bias: Bullish ⦿ Swing Confidence: 100 Trend ⦿ Most indices are now in a confirmed uptrend. ⦿ CNX500, Auto & Metal indices enter a confirmed uptrend. ⦿ Media & Energy are in a confirmed downtrend. ⦿ IT & Pharma are in a rally attempt. Mome...

October 28, 2022

WeeklyIndexCheck CW43/2022

Market Quadrant ⦿ Trend: Uptrend under pressure ⦿ Momentum: Positive & improving ⦿ Breadth: Bearish but improving ⦿ Bias: Bullish ⦿ Swing Confidence: 100 Trend ⦿ Most indices are still in an uptrend under pressure, but gradually moving towards a confirmed uptrend. ⦿ Both Nifty & Banknifty are now in a confirmed uptrend. ⦿ Media, Energy...

October 21, 2022

WeeklyIndexCheck CW42/2022

Market Quadrant ⦿ Trend: Uptrend under pressure ⦿ Momentum: Positive & improving ⦿ Breadth: Bearish ⦿ Bias: Bullish ⦿ Swing Confidence: 100 Trend ⦿ Most indices are in an uptrend under pressure. ⦿ Banknifty (plus both Psubank & Pvtbank) are now in confirmed uptrend. ⦿ Media, Energy & PSE are in a confirmed downtrend. ⦿ IT & Pharma are ...

October 14, 2022

WeeklyIndexCheck CW41/2022

Market Quadrant ⦿ Trend: Uptrend under pressure ⦿ Momentum: Positive but worsening ⦿ Breadth: Worsening ⦿ Bias: Bullish ⦿ Swing Confidence: 25 Trend ⦿ Most indices are in an uptrend under pressure. ⦿ No index now in confirmed uptrend. ⦿ IT, Media, Energy & PSE are in a confirmed downtrend. ⦿ Pharma still in rally attempt. Momentum ⦿ Mo...

October 7, 2022

WeeklyIndexCheck CW40/2022

Market Quadrant ⦿ Trend: Uptrend under pressure ⦿ Momentum: Short-term positive but worsening ⦿ Breadth: Improving ⦿ Bias: Bullish ⦿ Swing Confidence: 25 Trend ⦿ Most indices are in an uptrend under pressure. FMCG is in a confirmed uptrend. ⦿ IT, Media, Energy & PSE are in a confirmed downtrend. ⦿ Pharma is in a rally attempt. Momentum...

September 30, 2022

WeeklyIndexCheck CW39/2022

Market Quadrant ⦿ Trend: Uptrend under pressure ⦿ Momentum: Short-term positive but worsening ⦿ Breadth: Worsening ⦿ Bias: Bullish ⦿ Swing Confidence: 0 Trend ⦿ Most indices are in an uptrend under pressure. FMCG & Consumption are in a confirmed uptrend. ⦿ IT, Media, Energy & PSE are in a confirmed downtrend. ⦿ Pharma is now in a rally...

September 23, 2022

WeeklyIndexCheck CW38/2022

Market Quadrant ⦿ Trend: Uptrend under pressure ⦿ Momentum: Positive but worsening ⦿ Breadth: Worsening ⦿ Bias: Bullish ⦿ Swing Confidence: 0 Trend ⦿ Most indices are now in uptrend under pressure. ⦿ IT, Pharma, Energy & PSE are in a confirmed downtrend. ⦿ While financials are still in a confirmed uptrend, they are on the verge of goin...

September 16, 2022

WeeklyIndexCheck CW37/2022

Market Quadrant ⦿ Trend: Confirmed Uptrend ⦿ Momentum: Positive but worsening ⦿ Breadth: Neutral ⦿ Bias: Bullish ⦿ Swing Confidence: 25 Trend ⦿ While major indices are in a confirmed uptrend, they are on the verge of falling back again into uptrend under pressure. ⦿ IT & Pharma are in a confirmed downtrend. ⦿ Energy, Media, PSE are in ...

September 9, 2022

WeeklyIndexCheck CW36/2022

Market Quadrant ⦿ Trend: Confirmed Uptrend ⦿ Momentum: Short-term positive & improving ⦿ Breadth: Near Overbought ⦿ Bias: Bullish ⦿ Swing Confidence: 75 Trend ⦿ Nifty is in uptrend under pressure. ⦿ Smallcap, CNX500 & Banknifty are in a confirmed uptrend. ⦿ IT & Pharma are in a confirmed downtrend. Momentum ⦿ The short-term momentum of...

September 8, 2022

SwingConfidence™

What is SwingConfidence™? SwingConfidence™ is a scoring system that helps us decide position size in swing trading, & take sit-out-in-cash decisions in an objective way. Here is the SwingConfidence™ tool where you can now calculate the score (on your own) daily: https://coda.io/@finallynitin/swingconfidence How to calculate SwingConfid...

September 2, 2022

WeeklyIndexCheck CW35/2022

Market Quadrant ⦿ Trend: Uptrend under pressure ⦿ Momentum: Short-term positive but worsening ⦿ Breadth: Nearing overbought levels ⦿ Bias: Bullish ⦿ Swing Confidence: 50 Trend ⦿ Nifty & Midcap are now in uptrend under pressure. ⦿ Smallcap index is still in a rally atttempt. ⦿ CNX500, NiftyJR & Banknifty stay in a confirmed uptrend. Mom...

August 27, 2022

WeeklyIndexCheck CW34/2022

Market Quadrant ⦿ Trend: Confirmed Uptrend ⦿ Momentum: Short-term positive & improving, long-term negative but improving ⦿ Breadth: Higher timeframes almost bullish ⦿ Bias: Bullish ⦿ Swing Confidence: 50 Trend ⦿ Major indices (Nifty, CNX500, Midcap, NiftyJR & Banknifty) stay in a confirmed uptrend. ⦿ Smallcap index is yet to enter a co...

August 19, 2022

WeeklyIndexCheck CW33/2022

Market Quadrant ⦿ Trend: Confirmed Uptrend ⦿ Momentum: Short-term positive & improving, long-term negative but improving ⦿ Breadth: Higher timeframes about to turn bullish ⦿ Bias: Bullish ⦿ Swing Confidence: 25 (Upswing under strain) Trend ⦿ Major indices (Nifty, CNX500, Midcap, NiftyJR & Banknifty) stay in a confirmed uptrend. ⦿ Small...

August 12, 2022

WeeklyIndexCheck CW32/2022

Market Quadrant ⦿ Trend: Confirmed Uptrend ⦿ Momentum: Short-term positive & improving, long-term negative but improving ⦿ Breadth: Lower timeframes neutral, higher still bearish ⦿ Bias: Bullish ⦿ Swing Confidence: 100 (Confirmed Upswing) Trend ⦿ Major indices (Nifty, CNX500, Midcap, NiftyJR & Banknifty) stay in a confirmed uptrend. ⦿ ...

August 5, 2022

WeeklyIndexCheck CW31/2022

Market Quadrant ⦿ Trend: Confirmed Uptrend ⦿ Momentum: Short-term positive & improving, long-term negative but improving ⦿ Breadth: Lower timeframes neutral, higher still bearish ⦿ Bias: Bullish ⦿ Swing Confidence: 100 (Confirmed Upswing) Trend ⦿ Major indices (Nifty, CNX500, Midcap, NiftyJR & Banknifty) are now in a confirmed uptrend....

July 29, 2022

WeeklyIndexCheck CW30/2022

Market Quadrant ⦿ Trend: Rally Attempt ⦿ Momentum: Short-term positive & improving, long-term negative but improving ⦿ Breadth: Lower timeframes neutral, higher still bearish ⦿ Bias: Bullish on all timeframes ⦿ Swing Confidence: 100 (Confirmed Upswing) Trend ⦿ Major indices (Nifty, CNX500, Midcap, Smallcap & Banknifty) are in a rally a...

July 22, 2022

Weekly Index Check CW29/2022

Market Quadrant ⦿ Trend: Rally Attempt ⦿ Momentum: Short-term positive, long-term still negative ⦿ Breadth: Lower timeframes overbought, higher still bearish ⦿ Bias: Bullish on all timeframes ⦿ Swing Confidence: 100 (Confirmed Upswing) Trend Major indices (Nifty, CNX500, Midcap, Smallcap & Banknifty) are in a rally attempt. Consumption...

July 18, 2022

Simplifying Swings (Part I)

I have a very simple method for swing trading in cash stocks. With a Tradingview script at the end, here is a thread🧵 on my Simple Swing strategy: 👇 What is T3 Moving Average? The Simple Swing indicator is based on the T3 Moving Average, which was first described by Tim Tillson, in the search for a “perfect” moving average, which would...

July 15, 2022

Weekly Index Check CW28/2022

Market Quadrant ⦿ Trend: Rally Attempt ⦿ Momentum: Negative but improving ⦿ Breadth: Improving ⦿ Bias: Bearish only on higher timeframes ⦿ Swing Confidence: 50 (Upswing under strain) Trend ⦿ Major indices (Nifty, CNX500, Midcap, Smallcap & Banknifty) are in a rally attempt. ⦿ Auto & FMCG continue to be in a confirmed uptrend. Momentum ...

July 8, 2022

Weekly Index Check CW27/2022

Market Quardrant ⦿ Trend: Rally Attempt ⦿ Momentum: Negative but improving ⦿ Breadth: Improving ⦿ Bias: Bearish only on higher timeframes ⦿ Swing Confidence: 100 (Confirmed Upswing) Trend ⦿ After 10 consecutive weeks of confirmed downtrend, this week most indices (including Nifty, CNX500, Midcap & Banknifty) enter into rally attempt. S...

July 2, 2022

Weekly Index Check CW26/2022

Market Quadrant • Trend: Confirmed Downtrend • Momentum: Negative but improving • Breadth: Weak but improving • Bias: Bearish on both long & short timeframes • Swing Confidence: 25 (Upswing under strain) Trend We are in a confirmed downtrend for the 10th consecutive week now. During the 2020 crash & 2015-16 bear market, we had maximum ...

June 24, 2022

Weekly Index Check CW25/2022

Market Quadrant ⦿ Trend: Confirmed Downtrend ⦿ Momentum: Negative but improving ⦿ Breadth: Oversold but improving ⦿ Bias: Bearish on both long & short timeframes ⦿ Swing Confidence: 12.5 (pilot positions) Trend ⦿ Auto index again tries a Rally attempt. This has been the strongest sector throughout this downtrend. ⦿ Other than Auto, eve...

June 17, 2022

Weekly Index Check CW24/2022

Market Quadrant ⦿ Trend: Confirmed Downtrend ⦿ Momentum: Negative & worsening ⦿ Breadth: Oversold ⦿ Bias: Bearish on both long & short timeframes ⦿ Swing Confidence: 0% (all cash) Trend ⦿ Every index is in a confirmed downtrend ⦿ Last week's indices under Rally attempt (Auto, FMCG, MNC) went into confirmed downtrend ⦿ Last week's indic...

June 10, 2022

Weekly Index Check CW23/2022

Market Quadrant ⦿ Trend: Confirmed Downtrend ⦿ Momentum: Negative but not worsening ⦿ Breadth: Weak & worsening ⦿ Bias: Bearish on both long & short timeframes ⦿ Swing Confidence: 0% (no fresh trades) Trend ⦿ Pretty much unchanged from last week ⦿ All major indices are in confirmed downtrend ⦿ PSE, Power & Energy in uptrend under press...

June 3, 2022

Weekly Index Check CW22/2022

Market Quadrant ⦿ Trend: Confirmed Downtrend ⦿ Momentum: Negative but improving ⦿ Breadth: Weak, but improving on lower timeframes ⦿ Bias: Bearish on both long & short timeframes ⦿ Swing Confidence: 100% Trend ⦿ MNC index joins Auto & FMCG in undergoing a rally attempt ⦿ Almost all indices are in confirmed downtrend ⦿ PSE, Power & Ener...