Banknifty has formed : BKBA pattern
Bhangarh ki bechain Aatma Pattern
Even kids know what happens next!

The Important Thread⚡
Writing this thread because this is the need of the hour. If you belong to investing/trading community,read it till the end and do help in spreading awareness by RETWEETING this post if you too relate and want to help those affected.
THE TRADING PROFITS👇

These days you must have seen several traders posting profits,beyond imagination. There are 3 obvious thoughts that too in sequence -
🙂Are they even Real?
🙂Why am I not able to do so?
🙂What the hell am I doing with my life?

Preparing for that gov exam or looking for that private job or even running a business,which is going to pay me just 1/10th of these profits in my entire lifetime?!! Damn,I guess trading is the ONLY thing I need to do.
👉Result : Anxiety,Fomo and feeling of self pitty.

Now to the first question,if they are real or not,yes although social media is filled with fake screenshots,edited profit videos and false p&l,let me tell you that there are SOME GENUINE TRADERS also out there.And to rest all the rumours,YES SOME OF THOSE PROFITS ARE REAL TOO...

👉But then the question is,why are you not able to do so? Instead,the moment you attempt to do so,you are either frustrated or one step closer to bankruptcy?
The reason is the ABILITY to take risk,which differs in both the cases. Let me explain:(Read next)👇

On average, the market performs the poorest in September.

𝐂𝐨𝐯𝐢𝐝 𝐚𝐧𝐝 𝐢𝐭𝐬 𝐢𝐦𝐩𝐚𝐜𝐭 𝐨𝐧 𝐈𝐧𝐝𝐢𝐚𝐧 𝐞𝐜𝐨𝐧𝐨𝐦𝐲
The entire thread will talk about covid and it's effect on our economy. The data will be backed by facts. If you want more informative threads in the future,don't forget to RT and share with friends.

1. The worst affected sector:
The worst affected of the lot will be travel industry. The incomes produced by movement and the travel industry, which contributes 9.2% of the GDP, will negatively affect the GDP rate. UNWTO assessments portray a fall of 20–30%in global travellers.

2. Positive replacement from China:
A chance to partake in worldwide stockpile chains, multinationals are losing trust in China. In'Make in India', a few changes are required,and if that takes place, manufacturing and API base companies will shift to India giving a growth blast.

3. Construction sector can see loss of revenue :
We saw an appalling mass migration of such coasting populace of travelers by walking,amidst of countrywide lockdown. Wage workers specially working in construction,may not turn back so quickly. Many have preferred farming too!

4. Bankning and Finance sector
For a moment stop comparing ground realities with stock market action. Nonperforming credits relating to retail and MSME sections are on the ascent. In its Financial Stability Report,RBI has also said it fears defaults of many loans in next 2yrs!

𝐑𝐮𝐥𝐞𝐬 𝐨𝐟 𝐈𝐧𝐯𝐞𝐬𝐭𝐢𝐧𝐠 𝐓𝐡𝐫𝐞𝐚𝐝
The entire thread summarizes some important rules with respect to investing. Inspired by legendary traders,these will not only help you to grow wealth,but also make a smart investor. Hope you would like the thread & shower some love

Rule 1: Bulls, Bears Make Money, Pigs Get Slaughtered so chose your category wisely
Rule 2: It's OK to Pay the Taxes,Dont just wait for a 10% LTCG always. Sometimes you know it won't pay you
Rule 3: Don't Buy All at Once,Have patience market will give enough opportunities

Rule 4: Buy Damaged Stocks, Not Damaged Companies. Understand the diff b/w undervalued stocks and no value stocks. Everything cheap is not bargain,it could be trap.
Rule 5: Diversify to Control Risk,make sure you don't put everything into one stock,one sector or one asset class.

Rule 6: Do Your Stock Homework. You spend 5 hours to buy a cream on Amazon but research for 1 hr based on buying a stock on twitter! Well,do your homework.

Rule 7: No One Made a Dime by Panicking .Invest 2-10% and leave rest. If it falls,pain will be low,if moves,no FOMO haunt

Rule 8: Buy Best-of-Breed Companies,This doesnt mean you have to invest in the most expensive companies,all it means is you need to buy co.s with good earnings,promoters and sustainability
Rule 9: Defend Some Stocks, Not All
Rule 10: Bad Buys Won't Become Takeovers,STOP hoping