With a name like yours, I was wondering if you were from San Jose, Cailf. in the US.
SJD, my comment sounded far-fetched. I'm sure that what you have running through your mind is how can someone predict a market without a knowledge of all the fundamental information you mentioned.
Mt answer would be that my methodology is not depended on any fundamental information whatsoever. I see the markets only through the eyes of the charts that incorporate the ichimoku cloud, my proprietary S&R's, stochastics, and TL's. I'm not trying to sound cocky, but there is nothing else I need to know. I forecast markets I don't trade intentionally to prove to me how effective my methodology is. Even though I am highly confident in what I do, I need to do whatever I can to keep the winning edge.
I'm not saying mine is right and everyone else's is wrong. Mine is right for me, and if you have one that is winning consistently for you, then it is right for you.
BTW, you're on the right track. In consideration of how new you are, you are doing the right thing in coming to a forum like this one and just observing. There is also much to learn from such threads as the Bollinger Bands, a direct series someone is doing on the ichimoku cloud, etc. Hopefully this will be a nice gathering area for you to form your ideas and put together a winning methodology.
Also, I'm not pandering to anyone, but I am impressed with the quality of individuals this forum has attracted. People are ready and willing to answer questions, and carry on with helpful dialogues.
Remind me to try this sometime ;-) But it is not the same thing.
Anyway, I have seen some of your good posts which 2020 also alluded to. However, I am newbie so let me watch for some more time and see what I can learn from y'all.
My point in the first post re SBI pricing was that it is all subjective. There are many factors which contribute to a point ... global state of economy, india state of economy, sector state, company news, twitter feeds and on top of that all this technical analysis causing almost automated buys and sells. There is no way you can justify a price. You can just try to predict its next move, and even then it can surprise you many many times.