In this Face2Face video, we have with us our rocking host Mr. Vivek Bajaj, co-founder of StockEdge and Elearnmarkets, in conversation with Mr. Shri and Mr. Sai Reddy. In this video, our guest speakers will discuss the working of their Turtle Quants laboratory, providing insights into key topics such as Quants Momentum and Relative Strength. Several essential subtopics will be covered, including market cap segments, exit strategies, and identifying solid performers among others, benefiting our learners.
Turtle Quant employs two investment models. The momentum-based approach utilizes the Law of Large Numbers to achieve favourable results, focusing on Nifty indices. They filter stocks based on the rate of change and relative strength, identifying high-growth "dark horse" equities. Their flagship offering, sold through Smallcase, is this approach. They will also explain how to build a setup on Relative Strength, which is a query for several traders, and our experts will make it easy for you with only three steps. The video showcases the relative strength setup scorecard, which tests the weekly vs daily time frame on 400 plus stocks.
The Relative Strength Index (RSI) is a momentum indicator that measures the magnitude of recent price changes for various assets to determine whether they are overbought or oversold. They stress the importance of actively developing a clearly defined investment strategy that considers both technical and fundamental elements. Investors can identify potential winners by incorporating technical analysis, such as relative strength. Additionally, fundamental analysis is crucial in understanding an organization's financial condition and future possibilities. They've further demonstrated the effectiveness of their indicator in identifying favourable trading opportunities with the help of real-world examples, such as Vodafone and Apollo Hospitals.
Watch this video to learn more about interpreting financial market data, using relative strength, adopting well-defined strategies, and using indicator-based ways to find profitable entry and exit points in stock trading.