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SwingTrader
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Post: #991  Posted: Fri Dec 28, 2018 10:31 pm Post subject: |
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NSE Breadth Oscillator as on 28th Dec 2018
Short and medium term oscillators down significantly. Short term oscillator now below zero. Long term holding still. Wait and watch mode continues. Hoping short term bottoms soon and medium term holds above or just below zero.
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Srikanth Kurdukar
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Sun08
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| Post: #992 Posted: Sat Dec 29, 2018 6:54 pm Post subject: |
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| SwingTrader wrote: | You mean 2017, right? mid/small caps outperformed largecaps in 2017. In 2018, large caps outperformed.
Below is 2017 breadth oscillator chart. 2017 started with full bullish stance continuing from 2016 with long term breadth staying in positive territory throughout the year. Medium term and short term oscillators gave 3-4 opportunities to enter/add to existing positions. |
tks ST. yes, it's 2017 not 2018. BTW, your oscillators are for entire market, right? if so, is it possible to segregate them for nifty 50 stocks and for cnxmidcap? if possible then we can compare their movement and may be able to predict outperformance. e.g. if you see charts of most nifty 50 stocks, they are still well ot highly priced (in terms of various indicators)while the midcaps seem to have bottomed out or atleast near bottom.
tks again and regards |
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SwingTrader
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| Post: #993 Posted: Sun Dec 30, 2018 9:40 am Post subject: |
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| Sun08 wrote: |
tks ST. yes, it's 2017 not 2018. BTW, your oscillators are for entire market, right? if so, is it possible to segregate them for nifty 50 stocks and for cnxmidcap? if possible then we can compare their movement and may be able to predict outperformance. e.g. if you see charts of most nifty 50 stocks, they are still well ot highly priced (in terms of various indicators)while the midcaps seem to have bottomed out or atleast near bottom.
tks again and regards |
That is difficult as we do not have stock additions/removals to/from Nifty 50 and other indexes. So any analysis we do won't be reliable. Only the recent analysis might make sense.
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Srikanth Kurdukar
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Sun08
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| Post: #994 Posted: Sun Dec 30, 2018 5:32 pm Post subject: |
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| SwingTrader wrote: | | That is difficult as we do not have stock additions/removals to/from Nifty 50 and other indexes. So any analysis we do won't be reliable. Only the recent analysis might make sense. |
Tks ST. I agree but changes in nifty 50 are few times and by way of few scrips only. As you know, nifty chart itself hardly changes when such changes occur as is seen in your oscillators and also all analysts still use the chart for study. So, though it won't give accurate picture, a general change in trend or a hint of outperformance between nifty 50 and midcaps is enough to be on alert.
If it's not asking for too much effort on your side. |
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SwingTrader
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| Post: #995 Posted: Mon Dec 31, 2018 8:59 am Post subject: |
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| Sun08 wrote: |
Tks ST. I agree but changes in nifty 50 are few times and by way of few scrips only. As you know, nifty chart itself hardly changes when such changes occur as is seen in your oscillators and also all analysts still use the chart for study. So, though it won't give accurate picture, a general change in trend or a hint of outperformance between nifty 50 and midcaps is enough to be on alert.
If it's not asking for too much effort on your side. |
I will try to do this in the next 1-2 days. Will post an update later.
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Sun08
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| Post: #996 Posted: Mon Dec 31, 2018 2:30 pm Post subject: |
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| SwingTrader wrote: | | I will try to do this in the next 1-2 days. Will post an update later. |
tks ST, no hurry as I feel the earliest we should get a hint is by late Jan and latest by end March. |
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SwingTrader
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| Post: #997 Posted: Tue Jan 01, 2019 10:38 pm Post subject: |
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NSE Breadth Oscillator as on 1st Jan 2019
Breadth oscillators are moving as expected at least as of now. Short term racing to the bottom as medium term tries to hold above zero and long term slowly ticks up. The scenario still looks quite okay. Keeping fingers crossed. Hoping short term bottoms soon and heads up, taking the market with it as medium and long term already is fair position. Hoping for the best but ready to act if things head down suddenly 
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Srikanth Kurdukar
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SwingTrader
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| Post: #998 Posted: Tue Jan 08, 2019 7:13 pm Post subject: |
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NSE Breadth Oscillator as on 8th Jan 2019
The picture is still positive at this moment. I am still keeping fingers crossed and hoping this continues. Short term breadth bottoming out (though there could be a day or two more of negative breadth so it goes down further around -80), medium term is holding strong and long term keeps ticking slowly up. So positive scenario as of now but it can totally change in a day or two, so keep eye on price action of the market.
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apka
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| Post: #999 Posted: Mon Jan 14, 2019 10:04 pm Post subject: |
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| I think there should be a change from this week in the oscillators which brings a trending movement again. |
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SwingTrader
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| Post: #1000 Posted: Tue Jan 15, 2019 8:28 am Post subject: |
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| apka wrote: | | I think there should be a change from this week in the oscillators which brings a trending movement again. |
Here it is:
NSE Breadth Oscillator as on 14th Jan 2019
All breadth oscillators ticking down. Short term is quite bearish. The key action to watch would be the movement of medium term oscillator. If it doesn't hold above zero and heads down with short term oscillator, we could see a strong move down.
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rk_a2003
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| Post: #1001 Posted: Wed Jan 16, 2019 7:35 am Post subject: |
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| SwingTrader wrote: | | apka wrote: | | I think there should be a change from this week in the oscillators which brings a trending movement again. |
Here it is:
NSE Breadth Oscillator as on 14th Jan 2019
All breadth oscillators ticking down. Short term is quite bearish. The key action to watch would be the movement of medium term oscillator. If it doesn't hold above zero and heads down with short term oscillator, we could see a strong move down. |
Index registered a breakout though confirmation yet to come, breadth indicator painting bearish picture. Last time we saw a great convergence in both which shouted an up move well before it happened.
Let us see what happens this time but this is going to be a decisive point in deciding
future direction. |
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SwingTrader
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| Post: #1002 Posted: Wed Jan 16, 2019 9:01 am Post subject: |
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| rk_a2003 wrote: |
Index registered a breakout though confirmation yet to come, breadth indicator painting bearish picture. Last time we saw a great convergence in both which shouted an up move well before it happened.
Let us see what happens this time but this is going to be a decisive point in deciding
future direction. |
NSE Breadth Oscillator as on 15th Jan 2019
Not sure if this is a bearish picture, I was thinking it was more like neutral. It could trip any side. Short and medium term breadth flat to down but long term breadth ticking up to a 8 month high.
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Sun08
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SwingTrader
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| Post: #1004 Posted: Sun Jan 20, 2019 7:01 pm Post subject: |
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Thanks. Will take a look.
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Srikanth Kurdukar
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SwingTrader
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| Post: #1005 Posted: Sun Jan 20, 2019 7:05 pm Post subject: |
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NSE Breadth Oscillator as on 18th Jan 2019
Medium term breadth still holding above zero, long term breadth continues to tick up. Based on the position of short term breadth, the next near term move could on any side. Will just have to wait and watch.
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