We’re finally here! Allstarcharts India is now available to everyone and anyone interested in the share market of India. This has been one of the most incredible experiences of my life – learning about Indian markets, the people and the culture. I am currently here in Delhi and will also be traveling to Mumbai to both celebrate the new launch and to continue my pursuit of knowledge and experience. I will be giving a live presentation at Bloomberg in Mumbai Thursday January 11th and you can register for that here if it’s not already filled up.
The New Allstarcharts India can be found at Allstarcharts.in and is now the go-to research platform for anything Indian Securities. I am very lucky that I was able to build a massive global community simply by starting a blog 7 years ago and sharing my ideas on social platforms like Twitter, Stocktwits and LinkedIn. I went from wondering if anyone was listening or whether they even cared, to HODLing as subscribers from all over the world piled in to read my ideas and get a better understanding of my chart work.
Throughout this experience of turning what was once just a humble blog into a global technical analysis research platform, I noticed how much I’ve enjoyed my experiences and interactions with people from India, whether they were traders, investors, coders, startup founders or in many cases a combination of all of these. But it wasn’t until I really dug deep into the stock market of India that I realized where my passion was all along – NIFTY stocks!
About a year ago, I finally decided to take this market more seriously. I built out a series of workbooks that, at this point, total about 1800 charts just from India alone. These charts include all of the major indexes on the NSE, all of the sector indexes and every single stock in the NIFTY500. Just like we do in the original Allstarcharts, every single ticker is analyzed on both a weekly and daily timeframe, whether it’s an index, sector or individual stock. In addition, there are a series of sectors within the NIFTY500 that don’t even have a sector index listed on the NSE, so I built my own, the Allstarcharts India Cement Index, for example.
The new Allstarcharts India is very similar to what we’ve already been doing here at Allstarcharts.com for over 3 years. I will be hosting a live monthly conference call, members will receive weekly letters (although usually multiple times per week), and access to my entire Chartbook of India Charts. This Chartbook is always a work in progress and I’ll be adding to it frequently. Here is an example of one of my favorite workbook that includes all 50 stocks in the NIFTY50 on both weekly and daily timeframes. These charts are updated every week with annotations and commentary.
This is what the NIFTY Sectors Workbook looks like right now. I will be adding to this in the coming weeks and will include many of the breadth measures and equally-weighted sector indexes that I’ve had to build because they don’t already exist. Some of the relative strength analysis and sector rotation models that I incorporate in my daily work is now being applied to the Indian Stock Market for the first time in history. I am very excited about this:
On Wednesday January 17th, I will be hosting the first ever Live Monthly Conference Call for Allstarcharts India. I encourage you to take advantage of our discount offer reserved only for Founding Members of Allstarcharts.IN. This is officially the least expensive product we’ve ever launched, but the discount offer won’t last long. I want to make sure we reward loyal readers and make it as much of a no-brainer to join as possible.
The discounted price for Founding Members is just $167 $125 per quarter or
$467 $359 per year. Based on my experience, conversations with locals and understanding for the marketplace, I think this price is more than fair. I think one trade idea alone pays for the entire year, or likely many years, worth of research.
For Premium Members of Allstarcharts, nothing will change moving forward. India is a market that I have been monitoring closely and that won’t change. We’re just now making it available for locals in India to get the same research and approach that we already provide for our Institutional Clients all over the world. We are growing as a company, as people and as investors. 2017 was an amazing year (see here) and I will be making more announcements as the first quarter progresses!
I could not be more excited about this! Thank you for all of the support over the years. I promise to continue to do my best every single day!