iCharts Discussions

SwingTrader · Posted: Fri Jan 10, 2020 10:17 pm Post subject:

NSE Breadth Oscillator as on 10th Jan 2020

Breadth continues to be very strong. Both medium term & long term oscillators showing strength. Long term oscillator nearing zero after a long time. If it can cross above zero and stay that way then it could be very positive for the market.

FYI : Long term oscillator dropped below zero (long term bearish) in Mar 2018, it went up and hit zero in May last wk / Jun 1st wk 2019 for 4-5 days and went back down.

SwingTrader · Posted: Tue Jan 14, 2020 9:20 am Post subject:

NSE Breadth Oscillator as on 13th Jan 2020

Long term breadth about to hit & cross the zero barrier. This is happening after a long time. We could see a pullback / consolidation, but as long as LT breadth hovers around this level and does not fall back down below -40, we will be fine. LT breadth improving this well indicates many mid & small cap stocks rallying, which was long due.

SwingTrader · Posted: Wed Jan 15, 2020 1:24 pm Post subject:

NSE Breadth Oscillator as on 14th Jan 2020

Long term breadth oscillator has shot up above zero after a long time. It declined below zero in Mar 2018, it has taken almost 2 yrs for breadth to recover. Things are looking positive as of now. A pullback / consolidation could be a good buying opportunity as long as LT breadth holds above zero.

*** NO RECOMMENDATIONS HERE, EVERYTHING JUST FOR EDUCATIONAL PURPOSE ***

SwingTrader · Posted: Fri Jan 24, 2020 9:08 am Post subject:

NSE Market Breadth Oscillator as on 23rd Jan 2020

Just what I wanted to see. As market pulls back, short term breadth declining but long term breadth holding well above zero. Medium term breadth too is holding up but could decline if market continues down. If long term breadth continues to hold above zero through the market pullback we could see continued rally.

SwingTrader · Posted: Sun Jan 26, 2020 9:37 pm Post subject:

NSE Breadth Oscillator as on 24th Jan 2020

Look at the long term & medium term oscillators, they are moving up strongly as short term breadth declines. Very positive for medium-to-long term IMHO.

Sun08 · White Belt Joined: 21 Aug 2017 Posts: 478

important to see what your charts suggest after today's fall. I am expecting a very sharp rise now onwards but not sure at all.

SwingTrader · Posted: Sun Feb 02, 2020 11:34 am Post subject:

SwingTrader · Posted: Sat Feb 22, 2020 8:56 am Post subject:

NSE Breadth Oscillator as on 20th FEB 2020

Long term breadth continues to remain comfortably above 0 thus maintaining bullish bias. Next couple of weeks are crucial. If LT breadth holds above 0 then we could see a good move up.

SwingTrader

Here is an update to the index rolling returns chart I had posted in Jun 2019:

Below are rolling returns for NIFTY 500, Midcap & Smallcap indexes. All three indexes have recovered well since the last update due to mid & small stocks rallying recently. The pessimism has decreased recently but too much optimism is also absent, which is good. Mid & Small cap stocks could continue to outperform large caps in the near future.

Observations : Yearly rolling returns (green line) falling below Quarterly returns (red line) and either of these being near or below zero seems to indicate significant under performance and could lead to out performance once these indexes recover (which seems to have happened now). NIFTY500 rolling returns had gone below since mid 2018 and went down to -10% where as mid rolling returns fellow to -20% & small cap rolling returns fell to around -30% indicating great under performance. Now out performance seems to have started (vs large caps).

*** THERE ARE NOT RECOMMENDATIONS, THESE ARE JUST MY VIEWS AND COULD BE WRONG. TAKE YOUR OWN DECISIONS AFTER CAREFUL STUDY / CONSIDERATION ***

SwingTrader · Posted: Tue Feb 25, 2020 7:57 pm Post subject:

NSE Breadth Oscillator as on 25th FEB 2020

Long term breadth hanging in there above zero as short & medium term oscillators race to the bottom. Keeping fingers crossed and expecting LT oscillator to hold above zero. This will keep the bias bullish.

SwingTrader · Posted: Sun Mar 01, 2020 6:11 pm Post subject:

NSE Breadth Oscillator as of 28th FEB 2020

All bullish bias that was there is gone now, long term oscillator plunges below zero.

chetan83 · Brown Belt Joined: 19 Feb 2010 Posts: 2036

SwingTrader · Posted: Sun Mar 01, 2020 9:06 pm Post subject:

chetan83 · Brown Belt Joined: 19 Feb 2010 Posts: 2036

chetan83 · Brown Belt Joined: 19 Feb 2010 Posts: 2036