4. Risk: Reward is favourable in such setups
5. 50 ema can also act as support which can be kept as stoploss for swing trading
6. Volume should be less during pullbacks .
#nifty50 #stockmarket #CHARTS
ULTIMATE GUIDE TO 21 and 200 Moving Average
— JayneshKasliwal (@JayneshKasliwal) November 14, 2021
SUNDAY THREAD \U0001f516
A trend Following System That will Help You Improve Trading immensely.
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1/n
— Harsh (@HarshAsserts) September 11, 2020
When trading,moods will want to influence ur decisions
— Banknifty Addict (Gaurav) (@BankniftyA) December 29, 2019
How to minimize:
-Have a backtested plan/system
-Know yourself(emotion and panic levels)
So trade size is important to keep ur emotions in check
-dont focus too much on pnl
-have a back up plan ready
& last stay positive!!
Backtest the complete expiry and practice again and again till u develop conviction
— Banknifty Addict (Gaurav) (@BankniftyA) November 5, 2020
Support and resistance levels based on technical charts on various time frames.
— Banknifty Addict (Gaurav) (@BankniftyA) December 19, 2019
Breaking any of the above, leads to a direction
and then only directional play.