Day 8 of JournalNot a good day today. Ususally that happens on Mondays... I am not in sync with the market as it remains closed for two days on weekends.
Beyond Technical Analysis
SIMPLE DEMAND AND SUPPLY SETUPin fin nifty we obserbed a sharp fall from 21670 which took a support at the lower demand zone we took a entry on demand zone and one on the break out, breakout entry hit the sl because of the time barrier, but we are long in first entry
Making of Excel based algoTried testing my strategy in excel so that in future this could be automated.
Day 7 of journalLearning of today:
1. Have patience........... more than 4 hours as long as your SL is not hit.
2. Have faith in your system, do not take short exits, let the market come to you.
Day 6 of journalDay 6:
Had the idea of chasing the trend, however, realised that I am not yet ready for it. The SL was very far off and hence was sceptical of taking the plunge. Upon confirmation candle, did take the stand; and it turned out to be correct, got out at expected target.
Learning:
1. Waiting for confirmation definitely helps
2. Do not doubt the system even in an opposite trend ( the stops are reasonable/small as per system while targets are big)...... easier said, will require sometime I guess for me to take position against what shows if my system says contrary.
Untill now looks like taking the predefined SL and Tgts have been profitable (though it will miss large trends, but that later)
Right approach for current market and FibonacciRight approach for current market and Correct Fibonacci retracement
Day 5 of journalDay 5
Experimented with 15 min chart to see if it can help identify the major trend for the day. Untill now I used to look at 1 hr chart to judge on major trend.
Looks promising and delivers within the day. Will follow 15 min chart to see if can help me identify the trend correctly, consistently.
XRP is making its MOVE for 20% by March endBYBIT:XRPUSDT BYBIT:XRPUSDC BINANCE:XRPUSDT BINANCE:XRPUSDT.P
Prediction for this Week(25-03-2024 till 31-03-2024)
XRP is the Verge of 20% explosion by this weekend The expected Target for this week will be $0.7 to reach to the Target we might see Resistance @ 0.65-0.66 Price range or possibly if the fluctuation will be HIGH then XRP will break the Resistance and Directly reach to the Target Price in this week and eventually the $0.65-$0.66 range will later act as Support for the Next Bullish Momentum.
Caution:
The shared price levels are my own personal analysis and should not be considered for any financial Decision. Kindly Do your own analysis for any Trade execution and financial Decision and take financial advisor advice.
Broader market view and Sectors for tomorrowBroader market view and Sectors for tomorrow. Broader market view is shared with sectors in focus for now
Nifty & Bank Nifty Analysis For 26 Feb 2024In this video, we'll discuss about Today's Market Movement and Tomorrow's Analysis in Nifty, Banknifty and other segments too.
Whether you're a seasoned trader or just starting in the stock market, this analysis will help you in Learning about Market. Let's get right into it!
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Disclaimer : All views and charts shared in this video are purely for knowledge and information purposes only. Trading is Very Risky Business and it should only be done with proper Knowledge. It is very important to do your own analysis before making any investment based on your own personal circumstances.
#TheStockMantra #MarketAnalysis #LearnStockMarket
Structure Reading of Strong stocksStructure Reading of Strong stocks. How to read similar strong stocks but different structure.
Nifty can reverse Be cautious with your longsI have done my analysis on 15 mts chart of Nifty Spot and resistance zone is being played out between 22100-22000 100 points . Bulls are not able to overcome bears in this zone Have a strict stop loss for your long positions and dont play aggressive now
How to trade Nifty, BankNifty and StocksIn this video I have demonstrated how I am using my Trend following System to successfully trade Nifty, Banknifty and Stocks and for different time frames. I have made this public after I gained confidence and developed conviction in using this It has in-built signals which one can use to study price action This is 15 mts chart for trading Nifty Futures and Options
Nifty Prediction and Bank Nifty Analysis for Thursday 18 JanuaryNifty Prediction and Bank Nifty Analysis for Thursday 18 January 24
Nifty & Bank Nifty Analysis For 17 Jan 2024In this video, we'll discuss about Today's Market Movement and Tomorrow's Analysis in Nifty, Banknifty and other segments too.
Whether you're a seasoned trader or just starting in the stock market, this analysis will help you in Learning about Market. Let's get right into it!
✅I hope you liked the analysis. Be sure to hit that LIKE.
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Disclaimer : All views and charts shared in this video are purely for knowledge and information purposes only. Trading is Very Risky Business and it should only be done with proper Knowledge. It is very important to do your own analysis before making any investment based on your own personal circumstances.
#TheStockMantra #MarketAnalysis #LearnStockMarket
Nifty Analysis For Today 16 January 2024In this video, we'll discuss about Today's Market Analysis in Nifty and other segments too. Also will Discuss about Option Chain.
Whether you're a seasoned trader or just starting in the stock market, this video will help you in Learning about Market. Let's get right into it!
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Disclaimer : All views and charts shared in this video are purely for knowledge and information purposes only. Trading is Very Risky Business and it should only be done with proper Knowledge. It is very important to do your own analysis before making any investment based on your own personal circumstances.
Nifty & Bank Nifty Analysis For 12 Jan 2024In this video, we'll discuss about Today's Market Movement and Tomorrow's Analysis in Nifty, Banknifty and other segments too.
Whether you're a seasoned trader or just starting in the stock market, this analysis will help you in Learning about Market. Let's get right into it!
✅I hope you liked the analysis. Be sure to hit that LIKE.
👍Like | 💬Comment | 👥Share
Disclaimer : All views and charts shared in this video are purely for knowledge and information purposes only. Trading is Very Risky Business and it should only be done with proper Knowledge. It is very important to do your own analysis before making any investment based on your own personal circumstances.
#TheStockMantra #MarketAnalysis #LearnStockMarket
Nifty Expiry & Bank Nifty Analysis For 11 Jan 2024In this video, we'll discuss about Today's Market Movement and Tomorrow's Analysis in Nifty, Banknifty and other segments too.
Whether you're a seasoned trader or just starting in the stock market, this analysis will help you in Learning about Market. Let's get right into it!
✅I hope you liked the analysis. Be sure to hit that LIKE.
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Disclaimer : All views and charts shared in this video are purely for knowledge and information purposes only. Trading is Very Risky Business and it should only be done with proper Knowledge. It is very important to do your own analysis before making any investment based on your own personal circumstances.
#TheStockMantra #MarketAnalysis #LearnStockMarket
Nifty Analysis For Today 10 January 2024In this video, we'll discuss about Today's Market Analysis in Nifty and other segments too. Also will Discuss about Option Chain.
Whether you're a seasoned trader or just starting in the stock market, this video will help you in Learning about Market. Let's get right into it!
✅I hope you liked the video. Be sure to hit that LIKE and Follow button and drop a comment.
👍Like | 💬Comment | 👥Share
Disclaimer : All views and charts shared in this video are purely for knowledge and information purposes only. Trading is Very Risky Business and it should only be done with proper Knowledge. It is very important to do your own analysis before making any investment based on your own personal circumstances.
