@visuarchie , Hi Vishwanath ji…About our 200 Day EMA or 150 day EMA rider that we use…
It just occurred to me , when I saw charts of our stocks, who went up today…Even though overall Universe 200 day EMA or 150 day EMA is breached or nearby…many stocks in topmost ranks in our portfolio are showing significant momentum individually. Their charts are in the breaking out zone and clearly in stage 2 ascending stage.
So we can clearly see the disconnect between these stocks and their universe EMA.
So my point is, are we doing justice when we apply universe 200 day EMA and take actions based on that, when our high ranking momentum stocks are clearly showing opposite behaviour? After all , Overall smallcap 250 universe or Microcap 250 universe and its 200 day moving average depends on its all 250 constituents and their respective weights, while our 20 stocks and their equal weights might show completely different behaviour and they may not be correlated …
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