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Averoy_Apoorv_Analysis
Jul 4, 2021 2:53 PM

How to get 12% using Swing trading in HONAUT - Common senseย Long

HONEYWELL AUTO INDNSE

Description

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๐Ÿ‘‘ Drop a follow here: @Averoy_Apoorv_Analysis ๐Ÿ‘‘ ----------------------- ๐Ÿ”ฅ๐Ÿ”ฅ Target: 1000 Followers ๐Ÿ”ฅ๐Ÿ”ฅ

๐Ÿ”ฅ Common sense used :
๐Ÿ“Œ Weekly time frame: Make 2 fib from 2 different from one will give you 30% retracement of price and one will give 50% - a sign of extreme bullishness
๐Ÿ“Œ The supply zone is broken and now converted into a demand zone on those bullish levels as described in the video
๐Ÿ“Œ Beautiful wedge pattern breakout did and kind of retested too made a bullish closing last Friday too
๐Ÿ“Œ on 30min TF a good breakout of the consolidation can be trade activation for 10 to 12% from those levels
๐Ÿ“Œ SL of 3% will be good enough as the buying pressure is making wicks from the downward side
๐Ÿ“Œ Trade as per your setup now and risk should be well defined and cared too, Good luck :)


โŒ› Motivational and psychological area โŒ›

โœฃTrade 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.
โœฃIf 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
โœฃDon't lose hope and keep grinding
โœฃI 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.
โœฃFocus on the process, you are here to make money not stupid decisions, and lose it all
โœฃNo 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.
โœฃBelieve in yourself :)


๐ŸŽ“๐ŸŽ“ Some info about me :)

โžผMy 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.
โžผI hope you will love my simple analysis style.
โžผFeel free to suggest your view on this as learning is earning here :)
โžผI take my trades on my Zerodha account :)
โžผI don't take all the trades I post
โžผThese charts are my and only my work, my thought process, just from an educational point of view and no calls.

โ˜ƒโ˜ƒโ˜ƒโ˜ƒ Thank You Have a Nice Trading Day โ˜ƒโ˜ƒโ˜ƒโ˜ƒ
Comments
Omsai1238
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Nice pattern. Have you ever bought/sold options ?
Averoy_Apoorv_Analysis
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@Omsai1238, Several times bro but its quite hectic also I have traded bank nifty options only once that too hedged strategy on Budget day :)
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