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Bajaj Finance Future Weekly Analysis for 16th to 20th of Dec.🚀 Unlock the potential with my Bajaj Finance Future Weekly Technical Analysis for 16th to 20th of Dec., 2024! ✨ Boost, follow, and engage for updates. Your support means a lot! 🚀❤️ 📍 Range Trigger Point (WRTP): 7,203 📅 Weekly Range: 373 📈 Long Position 🔹 Buy Above: 7,082 🎯 Target 1: 7,434 🎯 Target 2: 7,576 ⛔ Stoploss: 6,958 📉 Short Position 🔹 Sell Below: 6,994 🎯 Target 1: 6,973 🎯 Target 2: 6,830 ⛔ Stoploss: 7,119 ✨ My strategies are backed by 6+ years of research and proven success in trading indices, commodities, and more. Connect to know more for Intraday and Weekly Levels and Live Market Confirmations. 📈 #BajajFinance #WeeklyTrading #StockFuture #NumroTrader 📊 How to Trade with Numro Trader Weekly Levels Buy Setup 🕒 Wait for a 1-hour candle to close above WRTP or Buy Above level. 📈 Confirm breakout with a candle breaking the high. 🛒 Enter buy order at active level (WRTP or Buy Above). 🎯 Target 2 (if from WRTP) or Target 1 (if from below WRTP). ⚠️ Avoid re-entering after hitting the target. Sell Setup 🕒 Wait for a 1-hour candle to close below WRTP or Sell Below level. 📉 Confirm breakout with a candle breaking the low. 🛒 Enter sell order at active level (WRTP or Sell Below). 🎯 Target 2 (if from WRTP) or Target 1 (if from above WRTP). ⚠️ Avoid re-entering after hitting the target.
NSE:BAJFINANCE1!
by NumroTrader
Fin Nifty Index Weekly Technical Analysis for 16-20 Dec., 24🚀 Unlock the potential with my Fin Nifty Index Weekly Technical Analysis for 16th to 20nd of Dec., 2024! ✨ Boost, follow, and engage for updates. Your support means a lot! 🚀❤️ 📍 Range Trigger Point (WRTP): 24,880 📅 Weekly Range: 634 📈 Long Position 🔹 Buy Above: 24,669 🎯 Target 1: 25,272 🎯 Target 2: 25,515 ⛔ Stoploss: 24,457 📉 Short Position 🔹 Sell Below: 24,519 🎯 Target 1: 24,488 🎯 Target 2: 24,246 ⛔ Stoploss: 24,731 ✨ My strategies are backed by 6+ years of research and proven success in trading indices, commodities, and more. Connect to know more for Intraday and Weekly Levels and Live Market Confirmations. 📈 #FinNifty #WeeklyTrading #IndexFutures #NumroTrader 📊 How to Trade with Numro Trader Weekly Levels Buy Setup 🕒 Wait for a 1-hour candle to close above WRTP or Buy Above level. 📈 Confirm breakout with a candle breaking the high. 🛒 Enter buy order at active level (WRTP or Buy Above). 🎯 Target 2 (if from WRTP) or Target 1 (if from below WRTP). ⚠️ Avoid re-entering after hitting the target. Sell Setup 🕒 Wait for a 1-hour candle to close below WRTP or Sell Below level. 📉 Confirm breakout with a candle breaking the low. 🛒 Enter sell order at active level (WRTP or Sell Below). 🎯 Target 2 (if from WRTP) or Target 1 (if from above WRTP). ⚠️ Avoid re-entering after hitting the target.
NSE:CNXFINANCE
by NumroTrader
DMART at a support level and at a discount. ✅It is at a support level and available at a discount. ✅For long-term investors, Dmart is at a decent value. ✅Decent Fundamentals/Good Management ✅Positional or Swing traders can look for long entry above 3985, provided it gives a good candle with good volume. Remember: ❌Stock is beaten down with the advent of digital shopping platforms. ❌Stock is Trading way below 200 DMA and 50 DMA ❌As of now it lacks momentum. ❌A breakdown of 3180 can bring in more weakness and stock may test 2683. Entry(Positional/Swing)- 3984 SL-3189- Closing Basis Risk: 20% Reward: 38%-50% This is more apt for the long term. Buy this dip only if you understand the company and believe in its fundamentals and management. This is just my view and please do not treat this as a Buy/Sell recommendation. Please do your due diligence.
NSE:DMARTLong
by sagartharayil
SHAKTI PUMPS FOR LEARNING PURPOSE ONLYShakti Pumps has recently broken out of a symmetrical triangle pattern, indicating a potential bullish trend. Given the increasing profit margins and the government's focus on the sector, the stock appears to have strong fundamentals. Key Takeaways: Technical Analysis: Symmetrical triangle breakout, coupled with increasing volume, suggests a positive trend. Fundamental Analysis: Consistent quarterly profit growth and government support provide a solid foundation. Potential Upside: A target price of ₹1500 within 6-12 months is achievable. Caution: While the stock offers significant upside potential, it's important to note that it's a small-cap company, which inherently carries higher risk.
NSE:SHAKTIPUMPLong
by Bhalotiya
1
The GREENS Vs The REDThere are two most important and fundamental questions that every trader should ask to himself and should not put his hard-earned money in the market before answering them. >> The first one is why more than 95-98% traders lose money in the market? >> And the second one is How those 2-5% traders are still able to make money in the market? 🤔 Is it about fundamental or technical analysis that fill this gap here or is it something else that is ignored on part of the losing traders? Well one can be a good analyst who mastered those arts in months or over years but may still lose 🎃 when it comes to real trading. Social media has made it too easy to learn analysis but trading still keeps its difficult spot in the real world. The space 📏 between the winners and the losers is surely more about discipline and consistency. Losers generally lose because of fear or greed. Fear 😣 could be of missing the trade, so entering too early or could be of losing a winning trade and always exiting with minor profit. Both scenarios lead to damage when trade goes against the expected direction. Greed 🤑 may result into keep on holding a losing trade in hope or not booking good profit in the hope of more and then booking loss. Greed may also lead to unacceptably higher position sizes or over-trading. One should not forget that greed in a good cause is still greed and can damage capital in trading. Both greed and fear lead to lousy decision making and hence loss in almost all cases. Winning approach is more about discipline. It is to know one's reasons for trading. These reasons could be their tested setups- No setup, no trade. Its also about knowing when to stop 🤚. Stop when a defined loss in a trade reaches or stop when specific number of trades are lost. Winners 🥇 understand that there is no perfect exit when in profit. Either exit at a target or at least with some profit. Protecting capital, without overtrading, could boosts confidence in future trades. Hence the task of winning more can be achieved by losing less with the above-mentioned approach. One can also lose less by keeping (acceptably) wider stop and hence limiting the number of trades by by-passing volatility. I hope this would make sense for some traders. Do boost 🚀 comment below to get educational ideas more frequently. Regards.
NSE:NIFTY1!Education
by Bravetotrade
14
Reliance Future Weekly Technical Analysis for 16 to 20th of Dec.🚀 Unlock the potential with my Reliance Future Weekly Technical Analysis for 16 to 20th of Dec., 2024! ✨ Boost, follow, and engage for updates. Your support means a lot! 🚀❤️ 📍 Range Trigger Point (WRTP): 1281 📅 Weekly Range: 80 📈 Long/Buy Position 🔹 Buy Above: 1292 🎯 Target 1: 1330 🎯 Target 2: 1361 ⛔ Stoploss: 1265 📉 Short/Sell Position 🔹 Sell Below: 1273 🎯 Target 1: 1232 🎯 Target 2: 1201 ⛔ Stoploss: 1299 ✨ My strategies are backed by 6+ years of research and proven success in trading indices, commodities, and more. Connect to know more for Intraday and Weekly Levels and Live Market Confirmations. 📈 📊 How to Trade with Numro Trader Weekly Levels Buy Setup 🕒 Wait for a 1-hour candle to close above WRTP or Buy Above level. 📈 Confirm breakout with a candle breaking the high of level breaking candle. 🛒 Enter buy order at exactly of active level (WRTP or Buy Above). 🎯 Target 2 (if coming from WRTP) or Target 1 (if coming from below WRTP). ⚠️ Avoid re-entering after hitting the target. Sell Setup 🕒 Wait for a 1-hour candle to close below WRTP or Sell Below level. 📉 Confirm breakout with a candle breaking the low of level breaking candle. 🛒 Enter sell order exactly of active level (WRTP or Sell Below). 🎯 Target 2 (if coming from WRTP) or Target 1 (if coming from above WRTP). ⚠️ Avoid re-entering after hitting the target. #RelianceFuture #WeeklyTrading #StockFuture #NumroTrader
NSE:RELIANCE1!
by NumroTrader
Trading CANNOT Generate MONTHLY INCOMEWhen it comes to trading, many people envision it as a fast track to consistent monthly income. The idea of making a predictable, regular amount of money every month is alluring, especially in the world of day trading or intraday trading. But while the potential is there, focusing too much on generating monthly income from trading can quickly lead to frustration and even financial loss. Let’s break down why this is the trap and how to avoid it. 1. Volatility Makes Consistency Hard One of the main reasons monthly income from trading is a trap is the inherent volatility in the markets. The market is unpredictable, and prices fluctuate based on a variety of factors, from economic reports to geopolitical events. If you’re looking for consistent returns month after month, you’re setting yourself up for disappointment. Even professional traders who have years of experience deal with large variations in their profits month to month. 2. Risk Management Becomes Secondary In the pursuit of consistent monthly profits, traders often overlook the importance of risk management. They become desperate to meet monthly income goals and may take larger-than-usual risks, which can backfire. Trading is about probabilities, not certainty. Risk management must remain the top priority, even if it means taking fewer trades or accepting losses when the market conditions aren’t right. 3. Psychological Pressure The pressure to make money every month can be psychologically taxing. When traders don’t hit their income goals, they can feel demotivated, frustrated, and anxious, which can cloud their judgment and lead to poor decision-making. This emotional rollercoaster can cause traders to deviate from their well-thought-out plans and strategies, leading to bigger losses. 4. Inconsistent Performance Traders who focus too much on monthly income often ignore the fact that trading performance is naturally cyclical. Some months will be better than others, and periods of drawdown are a normal part of the process. By expecting monthly profits, traders may miss out on the bigger picture and fail to understand that trading is a long-term game. 5. Better Alternatives Instead of chasing monthly income, a better approach is to focus on developing a solid trading plan, refining your strategies, and managing risk effectively. By treating trading as a business rather than a job with a monthly salary, traders can avoid the trap of unrealistic expectations. Remember that trading is about consistency over time, not about monthly income. Conclusion The trap of monthly income in trading is a dangerous mindset that can lead to poor decision-making and unnecessary stress. While the goal of making money in the markets is valid, it’s crucial to remain patient and realistic about the outcomes. Focus on honing your skills, managing your risk, and understanding that the market will not always deliver monthly profits. The key to success in trading is consistency over the long term, not a monthly paycheck.
NSE:NIFTYEducation
by keshevdugar
4