Underrated but recommended.
Worth Re-reading. #books

~ Atomic Habits.
~ Megatrends.
~ The psychology of money.
~ Stocks to riches.

#lead and #copper #futures #daily #charts #mcx trading in rising #channel #pattern. Declines toward channel support can provide lucrative buying opportunities whr 55&89 ema are also placed!!
#commodities #metals #trading #analysis #GB

For all the noise, sharing the weekly chart

https://t.co/qKgDa0YwVZ

#HindCopper 162.60

#AnalysisOnly

Is this the starting @nishkumar1977 Sir?

@shivaji_1983 Copper/Gold Ratio - Daily TF since 2020

Rather than Copper, its better to buy Gold/Silver now

#IRBInfra

Back on radar. This stock has a lot of upside potential ahead. Will wait for RSI to give an advance BO signal.

Posted good Q4 results. HDFC MF acquired 0.7% stake yesterday.

Rule based Option selling video now uploaded on our youtube

Multi-timeframe analysis was a GAME CHANGER for me.

No matter the trade, check at least 2 timeframes above, and 2 time frames below the one you're executing on. You'll see the bigger picture and how things are starting to change.

#tradingstrategy

IRB Infra - Expect momentum above 132 towards 160-180 target, CMP 113+ SL 100.

Excellent setup for good move in next 2-3 months

Gold has found its mojo of late, helped by falling bond yields and a weaker USD - that said XAUJPY has been the place to be...I still view gold's best days as a hedge against disinflation rather than an inflation hedge which is the conventional wisdom. #gold #silver

#Gold CBs buying, China importing, more stimulus planned, economies opening up, BASEL III rules coming, inflation has spiked, supply is harder than ever to bring online, money printing ATH.... Not rocket science.

#HindCopper 170 Double trendline

#HDFC LTD

With base case 2352. Upside
2779-3134.
(Category HR)

#Perception

@nishkumar1977 HC looks like in correction. All the frustated souls might keep bothering you for long time.
#hindcopper

#SBIN -423
If sustain above 435 open for 512.
Base case (412)

#Probability

#Asianpaint -2976

With near term base case 2820. Expect 3026-3231-3358-3457.

#Probability

Stocks with Significant Increase in Call Open Interest.

This means there is good buildup there. Expect some significant movement in few days. Keep them on your watchlist.

Access this scan for FREE in the SCAN feature of @mystockedge

I am following very simple trading plan based mainly on RSI and ADX.
Now whenever we wants to initiate trade then firstly we have to decide BIAS for direction.

BIAS based on RSI as follows-
RSI Above 55-Long.
RSI below 45-short.
RSI between 45-55—- neutral.
Continue

Momentum study guides us for exposure in our long or short trade.

Momentum based on RSI is as follows-
RSI— 55-60~mild long(25%),
RSI— 60-65~moderate long(50%)
RSI— 65-70~strong long (75%)
RSI Above 70~ very strong long (100%)

Momentum based on RSI for short trades is as follows-
RSI— 40-45~mild short (25%),
RSI— 35-40~moderate short (50%)
RSI— 30-35~strong short (75%)
RSI below 30~very strong short (100%).
Please note, one need to check RSI at closing of the day for continuation of trade and exposure.

Now finally trend confirmation.... ADX is very simple and effective tool to judge the underlying is trending or not...whenever adx is rising it gives confirmation of trend formation and when adx crosses 25, it suggests strong trend formation.

When adx is rising and bias is on long side then trend is uptrend.
Similarly with rising adx and short bias gives confirmation of downtrend.

Further to my Tweet from 2019. The Sunspot activity is projected to catch up. Read the original tweet for the context.

Image courtesy: https://t.co/AenFMQbzdL https://t.co/4gaKJP8S4G