Grab 5% in AUROPHARMA with your setup and my logic
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๐ Drop a follow here: Averoy_Apoorv_Analysis ๐ ----------------------- ๐ฅ๐ฅ Target: 1000 Followers ๐ฅ๐ฅ
๐ Strategy: Beautiful and long consolidations like this are not only amazing but also tells the story of a mover in making. ๐ Pattern here is a bullish flag pattern that too above an important level ๐ The chart here is of the Daily time frame and breakout done at 1hr ๐ Breakout gave on 1hr possible entry :) ๐ The risk would be candles low ( daily candles low) - 951 and Target number one should be 1050 and wait for more :) ๐Enter with small capital only that will not give you the pain to watch it every other second :) = #peacefulltrading ๐ The nature of the trade would be to swing trade
โ IMPORTANT POINT: Firstly do your analysis then only think of this trade and set the risk first, only that amount that you are willing to lose and will not get affected even if you lose it and also that amount if you lose it you won't curse me if the analysis flops hahaha just kidding, jokes apart, be patient to capture the movement and be impatient to get out if its a losing one and SL is triggered, don't put tight SL rather use less capital
โ Motivational and psychological area โ
โฃTrade only if you are in the right mindset, if you have been emotionally weak for some time, take your time and don't trade, trade with a happy and + mindset only. โฃIf you want to make money, firstly be prepared to lose it, only that much which you can afford and that much by which you can make a mistake again, learn from them and grow โฃDon't lose hope and keep grinding โฃI have seen my friends on youtube streaming games with watching 10, constantly they streamed for a year or two and now they are buzzing with 1k to 2k watching daily. โฃFocus on the process, you are here to make money not stupid decisions, and lose it all โฃNo one will help you climb the mountain, few will tell the path, so follow good people, make good mentors and make good decisions and choices in the stock market. โฃBelieve in yourself :)
๐๐ Some info about me :)
โผMy name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all. โผI hope you will love my simple analysis style. โผFeel free to suggest your view on this as learning is earning here :) โผI take my trades on my Zerodha account :) โผI don't take all the trades I post โผThese charts are my and only my work, my thought process, just from an educational point of view and no calls.
โโโโ Thank You Have a Nice Trading Day โโโโ
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.