What a great news. We need it to come to 1425 - -1174 levels right sir.

@dtbhat sir bought #ADANIPORTS for delivery.
Looks like 840 - 1020 on cards

#positional #trade #HAPPSTMINDS
Risk reward of 1:5 - settled for it given the market conditions.

#NSE #priceaction #candlesticks #nsebullrun

1/n I have not seen a single 2 - 3 day position trading system which is as simple as this. Experts will say RSi not applicable in 15 min time frame, I say first understand the the calculation of RSI :-). no need of scanner.
just discipline and risk mgmnt
#RSI #divergence

2/n: System as explained before:
4 step process
1. Identify stock from EOD chart
2. Look for RSI Divergence in 15 minutes
3. Wait for Consolidation and range break.
Trade in the direction of break.
4. Trail for at least 1:3 RR or SL.

3/n: Had posted last week about weak EOD chart of MnM. See what happened this week despite the fact that the overall market was bullish.
It is a zero loss trade now.
Invest in yourself. No guru can make you a successful trader. #hardwork #discipline

4/n: there are many more examples of this if you see my timeline. it works across markets even in bitcoin lol!
Keep it simple. Trick is always in the risk reward and position sizing.
Must only take trades which have minimum 1:3 RR.
Do not use excessive #leverage.

5/5: Charlie Munger: “If you’re smart you don’t need leverage; if you’re dumb, it will ruin you.”
Cant put it better as I have been on both sides :-)

Tamasoma Jyotirgamayah!
#weekend #learn #trade #success

#ASIANPAINT nicely setting up. patiently waiting with GTT order #candlesticks #priceaction

#Infy breaking above falling trendline, RSI in 125 min chart , moving 50+
Keep in watchlist
Not trading call, academic post
#stock #stocks #nifty

#Infosys looks good for 1820 if holds 1690 clbs

#INFY

Gap down on huge volumes and then bearish engulfing on huge volumes.

Things will only get worse for IT stocks from here onwards.

#INFOSYS (D)
- Descending triangle Breakout
- Taking support from Demand Zone
- Bounced from 200DMA
- Volume building up steadily
- Buy above 1750
- Stoploss 1675 (clbs)
- Target 1800/1860/1920/2000+
- TF ≈ 3-6 months
#Investing

#INFY futures on daily charts (0.25%) box size
- new highs
@pradytrader1 #FundManager call 😀
#smallminters