EUR USD is Bearish for few weeksWith 3 Month and 1 Month Fisher Negative Crossover, 1W maximum
upside (KOD) is achieved. Perfect Setup in 1 Day where its upside target
has been achieved where Fisher has gone well above 0 and /TSI unable
to cross 0 and this is called FFFHTSI i.e. Full Fisher Half TSI.
It is going to fall so that a TSI double bottom on 1 Week Chart will be the extent of this fall.
Negative for few Weeks.
Just opposite is the analysis for Dollar Index which is Bullish for few weeks.
Beyond Technical Analysis
Mastering the Double Top Pattern: A Guide to Profitable Trades!Hello everyone! I hope you're all doing great in life and in your trading journey. Today, I bring an educational post on Double Top Pattern —a crucial chart pattern that every trader must understand. Whether the market is rising or falling, recognizing key patterns like the Double Top can make all the difference in your trading success. Let’s break down how to spot it, trade it, and the opportunities it provides!
What is the Double Top Pattern?
Double Top is a bearish reversal pattern that typically forms after an uptrend. It consists of two distinct peaks at roughly the same price level, followed by a decline as the price fails to break through resistance. This is your cue that the market could be ready for a downtrend.
Identifying the Double Top Pattern
Peak 1 & Peak 2:
The first and second peaks should be nearly identical in price, signaling that the market is struggling to break through a certain resistance level.
Neckline:
The line connecting the lowest point between the two peaks. This is crucial because once the price breaks this level, the Double Top pattern is confirmed.
Volume Analysis:
Watch for decreasing volume during the formation of the second top and an increase in volume when the price breaks the neckline. This volume confirmation is key to spotting a reliable breakout.
How to Trade the Double Top?
Entry Point:
Once the price breaks below the neckline (support), this signals the start of the downtrend, making it the ideal point to enter a short position.
Stop Loss:
Protect yourself by placing a stop loss just above the second peak. This will shield you from potential false breakouts and unexpected reversals.
Target 1 (First Target):
Measure the distance between the peaks and the neckline. The same distance can be projected downward from the breakout point to estimate the first price target.
Target 2 (Second Target):
A secondary target can be calculated by extending the projection of the first target or using additional tools like Fibonacci retracements to set more precise exit points.
Key Takeaways for Success:
Volume Matters: A valid Double Top pattern is confirmed when the price breaks the neckline with strong volume.
Don’t Ignore Confirmation: Use indicators like RSI or MACD to back up the pattern. A confirmed downtrend ensures higher chances of success.
Trend Context is Crucial: Double Tops are most effective after a strong uptrend. The market's general trend should support a bearish reversal for the pattern to be reliable.
Example: A Double Top in Action
In the chart above, we can see a textbook example of the Double Top pattern. The price hits resistance twice and then breaks the neckline, signaling a potential bearish move. Keep an eye on the volume spikes and adjust your entry/exit strategy accordingly.
Ready to Trade the Double Top?
Make sure to look for the right conditions, and practice your strategy with a demo account before trading live. The Double Top can be a highly profitable setup when traded with patience and discipline!
If you found this post helpful, don’t forget to hit the like button!
Feel free to drop a comment with your thoughts or experiences regarding the Double Top pattern. Have you traded it before? How did it work for you? Let’s discuss and share insights!
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Cup and Handle Breakout in PDMJEPAPER
BUY TODAY SELL TOMORROW for 5%
MANAPPURAM FINANCE LTD - APPROACHING RESISTANCE AREASymbol - MANAPPURAM
Manappuram Finance Ltd. has been experiencing a recovery from lower levels in recent weeks. The stock has bounced back from support zones and is now testing key resistance areas. However, it faces considerable challenges at higher levels, showing signs of consolidation as it approaches its resistance zones.
The overall trend appears to be in recovery, following a significant dip. However, the stock is facing resistance at higher levels, indicating a potential pause or consolidation before any significant movement.
Short-term trend looks slightly bearish, as the stock has encountered selling pressure at resistance levels and is currently consolidating. Long-term trend remains positive, driven by the company’s strong fundamentals in the gold loan market.
The stock is currently trading within an ascending triangle pattern and is consolidating near key resistance levels. My personal bias is towards the downside, and we could potentially see a sell-off from the resistance zone towards the triangle support trendline, with the possibility of a move below it.
The trade strategy could involve looking for short opportunities near the resistance zone, especially if the stock fails to break out and begins to reverse. However, if the stock manages to break above the resistance trendline of the ascending triangle, the bias would shift to the upside.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Nifty Bank Intraday Technical Analysis for 12th Feb., 2025🚀 Unlock the potential with my Nifty Bank Intraday Technical Analysis for 12th Feb., 2025!
✨ Boost, follow, and engage for updates. Your support means a lot! 🚀❤️
📍 Day Range Trigger Point (DRTP): 49403
📅 Expected Day Range: 729
📈 Long Position
🔹 Buy Above: 49628
🎯 Target 1: 49854
🎯 Target 2: 50133
⛔ Stoploss: 49385
📉 Short Position
🔹 Sell Below: 49456
🎯 Target 1: 48953
🎯 Target 2: 48674
⛔ Stoploss: 49699
✨ My strategies are backed by 6+ years of research and proven success in trading indices, commodities, and more. Connect to know more for Intraday Levels and Live Market Confirmations. 📈
#NiftyBank #IntradayTrading #NumroTrader 🚀
Nifty 50 Intraday Technical Analysis for 12th Feb., 2025🚀 Unlock the potential with my Nifty 50 Intraday Technical Analysis for 12th Feb., 2025!
✨ Boost, follow, and engage for updates. Your support means a lot! 🚀❤️
📍 Day Range Trigger Point (DRTP): 23072
📅 Expected Day Range: 403
📈 Long Position
🔹 Buy Above: 23236
🎯 Target 1: 23321
🎯 Target 2: 23475
⛔ Stoploss: 23101
📉 Short Position
🔹 Sell Below: 23141
🎯 Target 1: 22823
🎯 Target 2: 22668
⛔ Stoploss: 23275
✨ My strategies are backed by 6+ years of research and proven success in trading indices, commodities, and more. Connect to know more for Intraday Levels and Live Market Confirmations. 📈
#Nifty50 #IntradayTrading #NumroTrader 🚀
Kalyan Pullback Trade ???NSE:KALYANKJIL is looking good for a Pullback from its base with Heavy Volumes.
About:
NSE:KALYANKJIL designs, manufactures, and sells a range of gold, studded, and other jewellery products at various prices. It is one of the largest jewellery retailers in India.
F&O Activity:
Significant Long Buildup With 500 CE OI Unwinding Significantly.
Trade Setup:
Looks good for a 1:1 Risk-Reward Trade with 10 DSMA Trending Upward, Pullback up to 100 DSMA looks likely, and 10 DSMA and Recent Base are Important Levels.
Target(Take Profit):
Near 100 DSMA for Swing Trader
Stop Loss:
Recent Base or Trailing 10 DSMA on Closing Basis for Swing Trader.
📌Thank you for exploring my idea! I hope you found it valuable.
🙏FLLOW for more
👍BOOST if useful
✍️COMMENT Below your views.
Meanwhile, check out my other stock ideas below until this trade is activated. I would love your feedback.
Disclaimer: "I am not SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER."
This analysis is intended solely for informational and educational purposes only and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
BankNifty MagicPlease watch this video as you can understand the potential set up with data metrics where we i have an edge on building my positions. this is called as System driven output based on big player foot prints. if want to learn please boost this video to the minimum of 10K then i will be posting one more video revealing step by step process.
Knowledge on Technical analysis & Fundamental analysis itself will not make you an Investor/Trader.
Newbie Physiology : If I invest on learning my capital wouldn't be enough for Investing/trading instead, why don’t I give a try directly on trading by myself.
For a better example you had a Car(capital) and you don’t know how to Drive(skill) a car, you want to go for a Short/Long trip(Trade) on a high way(Smart players path), where would you end up ?
“Always give Time for learning and mastering a skill and invest on Learning but not on tips and Luck. “
The one who has a Proven System based setup with Rules, Risk Management & Position sizing will make you a disciplined trader.
Equity Traders are safe players compared with Option traders (Buyers) due to Time decay and internal variables. Fact many uninformed/ new participants with out proper knowledge go into options buying as it seems making huge money in no time with less capital is possible, but in reality they end up loosing every thing slowly due to lack of Proper Information & Money Management. Actual concept of options are introduced for using like an insurance instrument for Investing.
SMART(Specific, Measurable, Achievable, Relevant, and Time-bound) Trader are the ones who has practiced one particular system with discipline and mastered the concept of the setup for several years and have in-depth knowledge on Pro’s and Con’s of Setup. They are well prepared before the market opens and know when to and when not to initiate a trade. These are informed traders as they were aware of the Risk involved and Reward they get, accordingly they adjust their position size and timely vary.
Why Traders Ignore Stop-Losses—and How to Fix It Why Traders Ignore Stop-Losses Despite Knowing They Should:
The concept of a stop-loss is one of the first things every trader learns. Yet, many fail to follow it when it matters the most. Ironically, the very tool designed to protect capital is often ignored, leading to massive drawdowns or even account wipeouts.
But why does this happen? If traders understand that stop-losses are crucial, what stops them from executing them?
In this article, we’ll dive deep into the psychological and behavioral reasons behind this phenomenon.
1. The Illusion of Control
Many traders believe they have more control over the market than they actually do. They think,
“The price will bounce back soon.”
“I can handle this drawdown.”
“Let me just wait a little longer.”
This false sense of control leads to hope-based trading rather than rule-based trading. The market, however, doesn’t care about personal expectations.
How to Fix It?
Accept that no one can control the market.
Focus on controlling your reaction, not the outcome.
Set stop-loss orders in advance to prevent emotional interference.
2. The Pain of Being Wrong
Taking a loss feels like admitting defeat. No one likes being wrong, and in trading, a stop-loss confirms that your analysis was incorrect. This leads to a dangerous mindset shift:
“If I don’t sell, I haven’t lost yet.”
“I’ll wait for a reversal so I don’t have to accept failure.”
This refusal to accept small losses often results in bigger losses, trapping traders in hope mode rather than risk management mode.
How to Fix It?
Shift your mindset: A stop-loss is not failure; it’s a business expense.
Track your trades and review them objectively. Did following your stop-loss prevent bigger losses?
3. Anchoring Bias: The Entry Price Obsession
Traders often anchor themselves to their entry price instead of current market conditions. If a stock was bought at ₹500 and falls to ₹480, the trader still sees ₹500 as the "real" value. This prevents them from accepting the loss and moving on.
But markets don’t care about your entry price. They move based on supply and demand, not personal expectations.
How to Fix It?
View every trade as an independent event, not a battle to win back losses.
Ask yourself: If I were entering fresh, would I still buy this?
4. Overconfidence and Revenge Trading
Some traders, especially those who had a series of winning trades, start believing they are invincible. They stop respecting stop-losses, thinking:
“I can always recover.”
“The market has to move in my favor.”
This overconfidence often turns into revenge trading, where traders double down to recover losses quickly, leading to even bigger drawdowns.
How to Fix It?
Respect risk management at all times, regardless of recent success.
Use a fixed risk percentage per trade to avoid emotional trading.
5. The "One Last Chance" Mentality
Many traders move their stop-loss further away instead of exiting, hoping for a last-minute reversal. This often results in:
✅ Small losses turning into big losses.
✅ Account drawdowns that are hard to recover from.
How to Fix It?
Never move your stop-loss in the wrong direction.
Follow a pre-defined exit plan before entering a trade.
6. The Fear of Missing Out (FOMO)
Some traders remove stop-losses because they fear getting stopped out right before the price moves in their favor. But this is a part of trading. No strategy has a 100% win rate.
How to Fix It?
Understand that stopping out is part of the game.
Instead of fearing losses, focus on your overall risk-reward ratio.
Conclusion: Following Stop-Losses is a Skill, Not Just a Rule
Ignoring stop-losses is not a technical problem; it’s a psychological one.
Successful traders understand that losses are an inevitable part of the game. The key is to:
✅ Detach emotions from trading decisions.
✅ Accept small losses as the cost of business.
✅ Follow a disciplined risk management plan.
If you’re still struggling with following stop-losses, ask yourself:
"Am I here to win trades, or am I here to make money?"
The best traders protect their capital first. Everything else follows.
Karur Vysya - Trading bet - In last leg or nearing blue sky? Karur Vysya Bank
Fundamentals
- PE less than IND PE at 9.75 , PBV near IND PBV at 1.93
- PEG is 0.2
- Very good sales and profit growth
- DII interest is up in last 1 year from 30% to 36%
Technicals
- Multi year Cup and handle formation in weekly charts
- Smooth sailing to more than 75% of Cup and handle target of 220
Target
Last leg target of 210>220
To reduce risk, hold at acceptable valuation as per risk appetite
WILL THIS ORDER BLOCK HOLD AND REVERSE THE PRICE OR NOTWhether an order block will hold and reverse the price cannot be guaranteed; while it indicates a potential area for price reversal due to accumulated buy or sell orders, several factors like market conditions, price action, and volume need to be considered to assess the likelihood of a reversal at that level
Bull Market vs. Bear Market: How to Trade Both Successfully!Bull Market vs. Bear Market: How to Trade Both Successfully!
Hello everyone! I hope you're all doing great in life and in your trading journey. Today, I bring an educational post on Bull Market vs. Bear Market —two crucial phases that every trader and investor must understand. Whether the market is rising or falling, having a strategy for both conditions is essential for success. Let’s break down the key differences, trading strategies, and opportunities in each market!
Bull Market vs. Bear Market: Key Differences
Market Direction:
Bull Market → A period when stock prices rise consistently , reflecting strong economic growth and investor confidence. Demand is higher than supply, pushing stock prices upward.
Bear Market → A period when stock prices fall continuously , usually due to economic downturns, high inflation, or external shocks. Fear dominates, and investors pull money out of the markets.
Trader & Investor Sentiment:
Bull Market → Optimism is high, and traders are willing to take more risks . Investors have a buy-and-hold mentality , expecting further gains.
Bear Market → Pessimism dominates, leading to panic selling . Investors focus on preserving capital instead of taking risks.
Risk & Reward:
Bull Market → Higher rewards , as most stocks trend upward. Corrections are usually short-lived, allowing traders to capitalize on price increases.
Bear Market → Higher risk , as market volatility increases. Stocks tend to fall sharply, leading to heavy losses for uninformed traders .
Strategy & Approach:
Bull Market Trading → Traders focus on momentum stocks, breakouts, and uptrend confirmations .
Bear Market Trading → Traders look for short-selling opportunities, hedging strategies, and defensive stocks .
Opportunities in Each Market:
Bull Market → Growth stocks, tech stocks, IPOs, and high-risk assets thrive in bull markets.
Bear Market → Defensive sectors like FMCG, Pharma, Gold, and Bonds perform well.
How to Trade in a Bull Market?
✔ Follow the Trend: Buy on dips near support levels and stay in the trade until the trend reverses.
✔ Use Momentum Indicators: RSI, MACD, and Moving Averages help in identifying strong uptrends and overbought conditions.
✔ Focus on Growth Stocks: Tech stocks, finance, and emerging market stocks tend to perform well in a bull market.
✔ Avoid Shorting the Market: Short trades have lower success rates in strong uptrends. Stick with trend-following strategies .
✔ Stay Invested Longer: A long-term buy-and-hold strategy is beneficial in bull markets as prices continue rising.
How to Trade in a Bear Market?
✔ Short-Selling Opportunities: Stocks with weak fundamentals fall harder during a bear market, creating opportunities for short trades.
✔ Look for Safe-Haven Assets: Gold, government bonds, and defensive stocks (FMCG, healthcare) tend to hold value.
✔ Use Stop-Loss & Position Sizing: Volatility increases in bear markets, making risk management crucial.
✔ Hedge Your Portfolio: Options strategies like put options, covered calls, and inverse ETFs can help protect investments.
✔ Wait for Signs of Reversal: Don't rush into trades—look for market bottom confirmations using volume, RSI divergence, and trendline breaks .
Outcome:
Both Bull and Bear Markets present profitable opportunities, but having the right strategy for each condition is key to success.
Which market do you find easier to trade— Bull or Bear? Let me know in the comments!
WILL THIS BEARISH ORDER BLOCK HOLD THE PRICE OR NOT.To evaluate whether a bearish order block will hold the price, it typically need to consider several factors, including:
1. **Market Context**: Understand the current market sentiment (bullish or bearish) and trend. Is the overall market in a downtrend, or is there potential for a reversal?
2. **Time Frame**: The significance of an order block can vary depending on the time frame you’re analyzing. Higher time frames (like daily or weekly) usually carry more weight than lower time frames (like hourly or 15 minutes).
3. **Price Action**: Look at the price action leading up to the order block. Is there momentum in either direction? Are there significant support or resistance levels nearby?
4. **Volume**: Analyze trading volume around the order block. High volume may indicate stronger conviction in the price action, while low volume could suggest a lack of interest.
5. **Market News and Events**: Economic releases, earnings reports, or geopolitical events can impact price behavior and may affect whether an order block holds.
6. **Liquidity**: Ensure that the market has enough liquidity to sustain price levels around the order block.
Always conduct thorough analysis and consider risk management practices in trading.
Steve Cohen’s Secret: How He Built a Billion-Dollar Hedge Fund!Steve Cohen: The Hedge Fund Titan Who Mastered Short-Term Trading
Hello everyone! I hope you're all doing great in life and in your trading journey. Today, I bring an educational post on Steve Cohen , one of the most successful hedge fund managers in history. Known for his aggressive short-term trading strategies, deep market insights, and risk management skills , Cohen turned his hedge fund SAC Capital into a multi-billion-dollar powerhouse.
Cohen’s trading style is fast, data-driven, and highly disciplined , making him one of the best traders of all time. His ability to adapt to market changes and identify high-probability trades has allowed him to consistently outperform others.
Steve Cohen’s Key Trading Principles
Trade with an Edge: Cohen believes that traders should only take trades when they have a clear advantage in terms of price action, volume, or market sentiment.
Short-Term Momentum Matters: Unlike long-term investors, Cohen focuses on high-probability, short-term moves , capturing quick gains.
Risk Management is Everything: He strictly controls losses by using well-placed stop losses and adjusting position sizes based on volatility.
Stay Adaptable: Cohen’s hedge fund traders constantly adjust their strategies based on market conditions , proving that flexibility is key to success.
Focus on Liquidity: He prefers highly liquid stocks that allow large positions to be entered and exited efficiently.
Psychology is Key: Cohen understands that emotions impact decision-making and teaches traders to remain objective and data-driven.
Steve Cohen’s Iconic Trades & Investments
✔ SAC Capital’s Aggressive Trading Approach: Cohen’s hedge fund executed hundreds of trades daily , focusing on market inefficiencies.
✔ Major Holdings in Tech Stocks: He has consistently invested in high-growth tech companies, capitalizing on market trends.
✔ Adaptation to Algorithmic Trading: Over time, Cohen has integrated quantitative models and AI-driven strategies into his trading.
What This Means for Traders:
By following Cohen’s approach, traders can learn to focus on short-term momentum, manage risk effectively, and develop adaptability in changing markets .
Outcome:
Applying these lessons can help traders think like professionals, react faster to market movements, and make data-driven decisions .
What’s your biggest takeaway from Steve Cohen’s legendary trading career ? Share your thoughts in the comments!
Nifty 50 Intraday Technical Analysis for 11th Feb., 2025!🚀 Unlock the potential with my Nifty 50 Intraday Technical Analysis for 11th Feb., 2025!
✨ Boost, follow, and engage for updates. Your support means a lot! 🚀❤️
📍 Day Range Trigger Point (DRTP): 23382
📅 Expected Day Range: 252
📈 Long Position
🔹 Buy Above: 23472
🎯 Target 1: 23538
🎯 Target 2: 23634
⛔ Stoploss: 23388
📉 Short Position
🔹 Sell Below: 23413
🎯 Target 1: 23226
🎯 Target 2: 23129
⛔ Stoploss: 23497
✨ My strategies are backed by 6+ years of research and proven success in trading indices, commodities, and more. Connect to know more for Intraday Levels and Live Market Confirmations. 📈
#Nifty50 #IntradayTrading #NumroTrader 🚀
EIL - Will this stock engineer value for its shareholders now?PSU stocks have been in limelight lately. It imperative that any company within this umbrella received accolades from its shareholders if the results are good. That's what happened with EIL stock today.
But is this a good buy for mid to long term. Let's check it out in this video.