Forwarded from Trends Wealth Creation Algo
Basically Beta is a measure of a stock's volatility in relation to the overall market.
This is a concept that measures the expected move in a stock relative to movements in the overall market. A beta greater than 1.0 suggests that the stock is more volatile than the broader market, and a beta less than 1.0 indicates a stock with lower volatility.
Beta is useful in the short-term for measuring the risk of the stockβs price fluctuates in a manner that we may not be comfortable with. It tells us how the stock reacts to market-wide or systemic conditions.
In the current volatility, high beta stocks provides lots of trading opportunity in the market.
Once, you have a firm view on index, you can look for trading opportunities in the same direction in high beta stocks also with strict stop-loss in place.
While if youβre looking for steady return and wants to beat this market volatility, then you can look for investing in low beta stocks.
This is a concept that measures the expected move in a stock relative to movements in the overall market. A beta greater than 1.0 suggests that the stock is more volatile than the broader market, and a beta less than 1.0 indicates a stock with lower volatility.
Beta is useful in the short-term for measuring the risk of the stockβs price fluctuates in a manner that we may not be comfortable with. It tells us how the stock reacts to market-wide or systemic conditions.
In the current volatility, high beta stocks provides lots of trading opportunity in the market.
Once, you have a firm view on index, you can look for trading opportunities in the same direction in high beta stocks also with strict stop-loss in place.
While if youβre looking for steady return and wants to beat this market volatility, then you can look for investing in low beta stocks.
According to a research note from Bank of America Securities, it has taken 1,100 trading days on average to regain the territory lost during a bear market. There are 252 trading days in a year, so that means the average time to get back to where we were is 4.4 years.
Nifty a trade call but just a perspective
https://www.tradingview.com/x/l5Yhx8kz/
Their is one bullish fractal also in play so short trade will come into play only if this structure is respected.
https://www.tradingview.com/x/l5Yhx8kz/
Their is one bullish fractal also in play so short trade will come into play only if this structure is respected.
i will share few more calls for you guys during the weekend stay tuned and if you want to join our TAcharts club then dm me>
Nifty todays move looks v similar to DJI lat move, it opened gap down and the recovered the some grounds to trap late shorters
we are in wave 4 and its more of a suckers rally which trap more traders, my target for wave 4 is around 9600 and i will look to short Nifty close to those levels in next 10-15 days.
We are developing an algobased signal platform coinagetimes.com and are currently sharing signals for crypto and DJi.
Soon we will be supporting Indian Index too.
Keep watching this space for more updates.
Soon we will be supporting Indian Index too.
Keep watching this space for more updates.
Tacharts
LTFH Buy the breakout https://www.tradingview.com/x/yjjKZXgq/
All targets β
π₯π₯π₯