Saurabh M
185 posts

Saurabh M
@Contra_Wisdom
Full-Time Investor | Long-Term Fundamentals | Contrarian at Heart | Shameless Cloner | Inspired by Peter Lynch
India Katılım Ekim 2022
315 Takip Edilen7 Takipçiler

Basically Govt needs to rethink how to make Gold less attractive for Indians
What all can they do ?
1. Increase Gold Price - already done
2. Reduce Taxation on equity - make it more attractive ?
3. Attract FII into equities giving tax sops?
4. Gold Controls - Can be seen as regressive
5. Take one time currency hit, increase rates and attract FDI?
6. Attract NRI bond money
7. Announce Gold Amnesty Monetization Scheme like done in 90s
Others ?
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@Contra_Wisdom Saurabh this can be a violation of LRS rules. That's why IBKR takes a conservative stance. Others will just wash their hands off you if you get a notice.
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Don't compare Indmoney vs Vested vs NSEIX. These are all tech LAYERS built on a US broker.
Interactive Brokers vs Drive Wealth vs View Trade is the real comparison.
Priyanshu Priyank@PriyanshuP1405
Anyone here who invests in US stocks, what broker do you use?
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New PlayStation Plus Game Catalog titles arrive today:
🏁 The Crew Motorfest
🏹 Horizon Zero Dawn Remastered
⚽ Football Manager 26 Console
👹 Warriors: Abyss
Full details play.st/3QAHcKC

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@Contra_Wisdom Hi saurabh ji,
Thanks for your compliment. You can add SOIC LTI and check all custom index directly with your arrow key in charts page.

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@stockscansin Custom indexes is a great feature! But the only problem is that you need to manually go and check each one of them, is there a way to add a strength indicator or Daily Weekly BO or Near ATH filter?
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Custom Index that are in immense strength:
1. Electrical Equipments/HVDC.
2. Mining/Minerals - Iron Ore.
3. Electrical Equipments - General.
4. Capital Goods - Gensets/Turbines.
“Industry tells you where to look, relative strength tells you what to Read.”
Disc: Not a Buy/Sell Recommendations.




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@thechartist26 The best they can do is to start a food delivery business 😁
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@TusharrNagpal @thechartist26 Me halfway through..its a good read! People think its a technical book..but its good story with very logical explanation on the approach! I could relate to it in first 3 chapters 😁
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@Contra_Wisdom @thechartist26 I was just reading that too lol.
Finished in 2 days
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Saurabh M retweetledi

@dayendtrader @Simran6397 Understood!! Thanks a lot for detailed explanation 🙏🏼
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@Contra_Wisdom @Simran6397 Pullback is just used as a common term.
1. Rising stock falls a little: pullback
2. Falling stock rises a little: pullback.
Technically 1. Is called a Throwback and only 2. Is called a pullback.
But commonly no one uses the term throwback anymore
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@dayendtrader @Simran6397 I am always confused with keyword pullback. Does it mean pull up/down? Or it is used in context of the trend which can mean both up/down based on the trend? Quick explanation would be helpful 🙏🏼
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@Simran6397 Selective hai lekin hai.
JK Tyre, BSE etc
Oil names too. MRPL, BPCL.
This cycle will be better for pullback buyers
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@nooreshtech I think the real problem is also that we are meauring from top... nobody is measuring the rise from the bottom.
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#MarketBreadth
64% of stocks are down more than 30%
41% of stocks are down more than 40%. ( 40 by 40 has been a good buy zone historically)
Smaller the Market Cap deeper the Correction.
Smallcaps/Microcaps have become very interesting for a long-term patient investor.

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@stockscansin Is it possible to fix these overlapping values? The problem am facing is that I need to go switch to TradingView for identifying the exact price eg. Weekly VSTOP. Attached the snapshot from TradingView too. @soicfinance


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