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Beyond Technical Analysis

TATASTEEL for 45% (approx..) Potential GainTata steel is showing retest breakout... according to some theories RETEST STOCKS ARE THE BEST STOCKS... All data is available in public domain.. CMP : 160 TG : 215 SL : 142 Stock's selection based on 5 Point Analysis: 1: Idea : Retest Breakout. 2: Support : Volume, Delivery & VWAP. 3: Technical : 9/21/55/200-EMA, RS>0, MACD, RSI & Super trend up. 4: Fundamental : PE, PAT, Industry & peer PE and sector performance. 5: Timing : Entry Timing on day chart. Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk . Please consult your financial adviser before taking any decision. Disclosure : going to Hold
NSE:TATASTEELLong
by SthitaprajnaYogi
WHY DO TRADERS FAIL?Why Most Traders Fail: Common Psychological Traps Many beginner traders enter the market with a lot of enthusiasm but often leave disheartened after experiencing losses. One of the main reasons for this is not a lack of technical skills or strategy, but rather the inability to manage the psychological aspects of trading. Let’s dive into some of the most common psychological traps and how you can avoid them to become a more successful trader. 1. Fear of Missing Out (FOMO): FOMO is a powerful emotion in trading. It happens when you see a stock or asset rapidly rising, and you feel the urge to jump in late just because everyone else is. This often leads to entering trades at poor levels, where the risk of reversal is high. Why It’s Dangerous: You end up making emotional decisions, ignoring your strategy. How to Avoid It: Stick to your plan and predefined entry/exit points. Remind yourself that opportunities in the market are endless; chasing a missed trade could lead to a bad decision. 2. Revenge Trading: This occurs after a loss, where you try to win back the money immediately by placing irrational trades. Instead of accepting a loss, traders emotionally double down, hoping to recover quickly, often resulting in even bigger losses. Why It’s Dangerous: Trading becomes emotional rather than strategic, leading to a cycle of poor decisions. How to Avoid It: Accept that losses are a part of the game. Take a break after a significant loss to clear your mind, and only return when you can trade objectively again. 3. Overconfidence After a Win: After a string of successful trades, traders may feel invincible and start to ignore their risk management rules. They increase their position size without realizing that the market can turn at any moment. Why It’s Dangerous: Overconfidence leads to taking on more risk than you can afford, which can wipe out profits or even lead to significant losses. How to Avoid It: Stick to your trading plan regardless of recent success. Don’t increase position sizes without a valid reason and proper risk management in place. 4. Greed – Holding On for Too Long: Sometimes, traders hold on to winning trades far too long, hoping for even bigger profits. Instead of taking profits at their target, they let greed take over and end up losing a significant portion of their gains when the market reverses. Why It’s Dangerous: Greed blinds traders to the signals that it's time to exit. How to Avoid It: Set clear profit targets and stick to them. Use trailing stop-losses to lock in profits while allowing for potential additional gains. 5. Not Accepting Losses – Holding on to Losing Trades: Many traders struggle with cutting their losses because it feels like admitting defeat. They hold on to losing trades for far too long, hoping the market will turn in their favor, which often results in deeper losses. Why It’s Dangerous: Holding onto losing trades can drain your capital and emotional reserves. How to Avoid It: Have a strict stop-loss in place for every trade. Accept that small losses are part of trading and necessary for long-term success. Conclusion: In trading, your mindset and emotions can be as critical as your technical analysis or strategy. By recognizing these common psychological traps—FOMO, revenge trading, overconfidence, greed, and refusing to accept losses—you can manage your emotions better and make more objective trading decisions. Always remember: successful trading is not just about big wins; it’s about consistency, discipline, and emotional control. What psychological traps have you experienced in your trading journey? Share your experiences in the comments below and let’s learn together!
NSE:NIFTYEducation
by keshevdugar
2
NIFTY TOMORROW PREDICTION NIFTY makes Head and shoulder pattern in 1H Time frame ..........if it's breaking the levels then We will see in negetive movement in market... Nifty 50 has broken through the floor of a rising trend channel in the short term. This indicates a slower rising rate at first, or the start of a more horizontal development. The index has broken a head and shoulders formation. A decisive break, preferably with increasing volume, is considered a confident signal of the start of a falling trend. The index has broken down through support at points 25000. This predicts a further decline. RSI below 30 shows that the momentum of the index is strongly negative in the short term. Investor have steadily reduced the price to sell the index, which indicates increasing pessimism and continued falling prices. However, particularly in big stocks, low RSI may be a sign that the stock is oversold and that there is a chance for a reaction upwards. The index is overall assessed as technically negative for the short term.
NSE:NIFTYShort
by yashasvinamdev
Broke Downtrend Resistance Zone Now Looking Very Strong ✅The stock has broken out of a symmetrical triangle pattern a formation that typically signals a continuation or reversal of a trend. The breakout above the upper trendline indicates that buyers have regained control and the stock is poised for further upside. This move marks the end of the consolidation phase and suggests a potential rally. ✅The stock has been making higher low indicating accumulating buying interest at each dip. This consistent buying pressure has led to the breakout signaling a shift towards a bullish trend. The breakout was accompanied by a significant spike in volume confirming the strength behind the move. This suggests that the rally is backed by strong buying interest likely from institutional participants which adds credibility to the breakout. ✅ The RSI is currently at 67 reflecting a solid upward momentum. Although it’s approaching the overbought zone, it still has room to climb, especially if the bullish momentum continues. Traders should watch for any consolidation at current levels, which could act as a springboard for further upside. ✅The next resistance level is around 570-580 where some profit booking might occur. However if the stock continues to gain momentum and clears this level we could see it move toward 600, followed by 620. These levels align with the height of the symmetrical triangle pattern offering a clear target range.
NSE:RSYSTEMSLong
by Marketik
3
The Stock Is Breaking Out Major Resistance With High Momentum ✅The stock has successfully broken out from a longterm descending trendline which had been acting as a resistance. The breakout signals a shift in trend from bearish to bullish indicating that the sellers are losing strength and buyers are now taking charge. ✅ The price has crossed above both the 100 EMA and 200 EMA showing a clear bullish crossover. This is a strong technical signal suggesting that the stock is ready for a potential upward rally. The fact that the price remained above these key EMAs after the breakout further confirms the strength of the move. ✅There was a noticeable increase in volume during the breakout highlighting strong buying interest. Such volume spikes typically signal institutional buying, which could lead to a sustained upward move. The volume also indicates that the breakout is genuine and has the potential to reach higher levels. The RSI is at 69 nearing the overbought zone but still maintaining bullish strength. While it indicates strong buying pressure, traders should keep an eye out for potential short-term pullbacks which can be used as opportunities to add positions. ✅The stock’s first resistance will be around 610 where some profit booking might occur. However a sustained move above this level will likely see the stock reaching 630 followed by 650 which aligns with previous highs. ✅The confluence of the trendline breakout and the EMA crossover suggests that Prakash Pipes Ltd is in a strong technical position. This could attract more traders to the stock leading to a further upward push. The breakout marks a major trend reversal and if the momentum continues we could see a steady climb toward the higher targets.
NSE:PPLLong
by Marketik
NIFTY CautionHi all Today would like to throw some light on RSI on Monthly Charts based on previous reactions. This is just my personal observation but not a Recommendation. As we see when RSI reached above 80 levels on monthly chart, we observed good correction happening previously since 2007 which is already marked on chart, same wise when ever its reaching near to 80 and above 80 indicates some pressure. After 2008 crash we can observe it has reached twice almost to and above 80 levels in RSI and given almost average of 18% correction in after time. The same we got it now and marked on chart, this is just a view, I may be wrong too... Note: Some pull back is expected as per PCR or it may be a Time correction to cool off PCR. Please hit Like and share for supporting me to share knowledge and experience that i had.
NSE:NIFTY
by gttsudhakar
4