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
Resistance Breakout in GREAVESCOT
BUY TODAY SELL TOMORROW for 5%
Contains image
NIFTY INTRADAY LEVELS FOR 10/12/2024BUY ABOVE - 24650
SL - 24570
TARGETS - 24700,24760,24860
SELL BELOW - 24570
SL - 24640
TARGETS - 24500,24420,24340
NO TRADE ZONE - 24570 to 24650
Previous Day High - 24700
Previous Day Low - 24570
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
BANK NIFTY INTRADAY LEVELS FOR 10/12/2024BUY ABOVE - 53670
SL - 53690
TARGETS - 53890,54150,54400
SELL BELOW - 53390
SL - 53670
TARGETS - 53190,52970,52800
NO TRADE ZONE - 53390 to 53670
Previous Day High - 53890
Previous Day Low - 53390
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
WHY Markets do the OPPOSITE of what we feel?Every trader, whether new or experienced, has faced the nagging feeling that markets are conspiring against them. You buy a stock, and it instantly starts falling. You finally sell it out of frustration, and it shoots up like a rocket. This often leads traders to wonder: "Is the market watching me?"
Of course, it isn’t. This phenomenon is less about market manipulation and more about psychology, timing, and market structure. Let’s dive deep into why this happens and what you can do to avoid falling into this trap.
---
1. The Power of Confirmation Bia
Humans naturally seek evidence that confirms their beliefs. If you buy a stock and it drops, you immediately latch onto the narrative that “the market always goes against me.” The same thing happens when you sell and prices rise.
- Reality Check: Markets fluctuate constantly. Moves after your trade are normal and not connected to your actions.
- Tip:Journal your trades. You’ll find that this “curse” doesn’t happen as often as you think.
---
2. Retail Timing and Herd Behavior
Most retail traders enter at points of euphoria (when everyone is buying) and exit at points of despair (when everyone is selling). This aligns with market tops and bottoms.
- Why It Happens: By the time news spreads or a stock “trends” on social media, smart money (institutions and seasoned traders) have already positioned themselves. They take profits while retail traders enter late.
- Tip: Look for signs of crowded trades — extreme greed or fear — and avoid jumping in with the herd.
---
3. Market Noise and Short-Term Volatility
Markets don’t move in straight lines. Prices oscillate due to millions of trades, news, and speculation. When you buy or sell, short-term noise can make you feel like your decision was wrong.
- Example: You buy a stock, and a small pullback occurs. It’s not the market targeting you; it’s just noise.
- Tip: Focus on your strategy, not short-term fluctuations. Trade with a plan and stop obsessing over the next tick.
---
4. Emotional Reactions and Poor Exit Strategy
Traders often sell at the worst time because of fear or panic. When the stock reverses, it feels personal.
- Why It Happens: You didn’t follow a systematic exit strategy and let emotions dictate your trade.
- Tip: Set clear stop-loss and profit targets before entering a trade. This removes emotions from the process.
---
5. The Illusion of Control
Markets are not under anyone’s control. Thinking that your trades influence prices is unrealistic, but it stems from the psychological need for control.
- Mindset Shift: Accept that you’re one of millions of participants. Your trades don’t move the market — it’s just coincidence.
- Tip: Focus on what you can control — risk management, analysis, and execution.
---
Conclusion: Trade Smart, Not Emotional
The feeling that markets rise when you sell and fall when you buy is a common myth rooted in psychology. It’s not the market’s fault, but rather our biases, poor timing, and emotional decisions.
To avoid falling into this trap:
✅ Stick to a strategy.
✅ Journal trades to eliminate bias.
✅ Accept market fluctuations as normal.
Remember, in trading, patience and discipline always win over emotion and impulse.
What’s your take on this? Have you felt the market “conspired” against you? Share your experiences below!
Nifty Intraday Analysis for 9th December 2024NSE:NIFTY
Index closed near 24680 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
25000 Strike – 73.49 Lakh
24700 Strike – 56.70 Lakh
24800 Strike – 40.09 Lakh
Put Writing
24500 Strike – 50.72 Lakh
24700 Strike – 45.38 Lakh
24200 Strike – 47.28 Lakh
Index has resistance near 24800 – 24850 range and if index crosses and sustains above this level then may reach near 24950 - 25000 range.
Index has immediate support near 24500 – 24450 range and if this support is broken then index may tank near 24300 – 24250 range.
BLS International - Cup & Handle Breakout (2 Cup & Handles)BLS International is giving a All Time High Breakout and Cup & Handle Breakout. We can see price moving towards 555 and 720. Other factors:
1. Highest Top-line; Profit and EPS
2. Sky is the limit for growth
3. One of the top 5 companies in this sector
4. Moving from 3rd party processing center to self owned centers - adding to more profitability
5. CUP & Handle in both Weekly & Daily time frame
6. Steady volumes
Keep following @Cleaneasycharts as we provide Right Stocks at Right Time at Right Price.
Cheers!!!
BANK NIFTY INTRADAY LEVELS FOR 09/12/2024BUY ABOVE - 53670
SL - 533690
TARGETS - 53890,54150,54400
SELL BELOW - 53390
SL - 53670
TARGETS - 53190,52970,52800
NO TRADE ZONE - 53390 to 53670
Previous Day High - 53890
Previous Day Low - 53190
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY INTRADAY LEVELS FOR 09/12/2024BUY ABOVE - 24760
SL - 24650
TARGETS - 24860,24950,25020
SELL BELOW - 24650
SL - 24760
TARGETS - 24570,24500,24420
NO TRADE ZONE - 24650 to 24760
Previous Day High - 24860
Previous Day Low - 24650
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
PRICE ACTION IS MEANINGLESS?In the world of trading, price action speaks volumes. It’s the foundation of every decision we make in the market. But here's the key point many traders miss: price action alone is not enough.Without the proper context, a big green candle can be just as misleading as a big red one. The context—the story behind the price movement—is what truly tells you whether the market is bullish or bearish.
The Power of Context in Price Action
Price action is simply the movement of a stock’s price over time. While it may seem obvious that a big green candle signals bullishness and a big red candle signals bearishness, context is what transforms these movements from ambiguous signals into reliable trade decisions.
Here’s why understanding the context is crucial:
1. Where is the price in relation to key levels?
2. What is the trend on the larger time frame?
3. Are there any news events or market conditions influencing price action?
Example 1: A Big Green Candle at Resistance
Let’s say you're watching a stock that has been in a downtrend for the past few weeks. Then, out of nowhere, a big green candle appears. On the surface, this might look like a clear buy signal. However, this price action needs context.
- Is this big green candle happening at a key resistance level?
- If it is, context suggests that this may just be a short-term rally before the price gets rejected again.
- In this case, the green candle isn’t necessarily a bullish sign. It could just be a bearish retracement where price tries to go up but is quickly met with selling pressure.
Context: A big green candle at resistance often signals a potential rejection or a false breakout, especially if it's followed by a reversal candle or high-volume selling.
Example 2: A Big Red Candle in an Uptrend
Now, let’s look at a stock in a strong uptrend. Suddenly, you see a huge red candle. Naturally, many traders might interpret this as a trend reversal or a sign of bearish momentum. However, the context is what tells a different story.
- Where is this red candle located?
- If this candle shows up during a pullback or consolidation in the uptrend, it may be nothing more than a healthy correction within a larger bullish trend.
- A large red candle during an uptrend doesn’t automatically mean the trend is over. Instead, it might just be a natural retracement before the stock continues moving upwards.
Context: A red candle in an uptrend could indicate a buying opportunity as part of the trend’s normal behavior. It’s important to see if the price quickly recovers, which would confirm the continuation of the uptrend.
Example 3: A Big Green Candle at Support
Consider a stock that has been falling but is now approaching a strong support level. At this point, a big green candle forms. On its own, this green candle could look like a bullish signal. But what’s the context?
- Is this a reversal at support?
- A big green candle at support indicates a potential trend reversal. If the price was in a downtrend and this green candle forms at a strong support level, it may signal the beginning of a new uptrend.
- The context of the support level adds credibility to this bullish move, as it indicates that the buyers are stepping in at a historically significant price point.
Context: A green candle at support is a strong bullish signal when backed by the right support zone, volume, and additional confirmation like a follow-up candle or a breakout.
Example 4: A Big Red Candle During an Uptrend
A scenario might also present itself where a large red candle forms after a series of green candles in an uptrend. This might initially signal a bearish reversal. But if you zoom out and look at the bigger picture, the larger context may show that the price is simply testing a higher level before resuming its uptrend.
- Is the trend still intact on higher timeframes?
- If the larger trend is still intact (say, on the daily or weekly chart), the red candle may just be a minor retracement or profit-taking phase within the ongoing bullish movement.
Context: A red candle in a strong uptrend might only indicate a pause rather than a trend reversal. Watch for signs of continuation after the retracement to determine the true direction.
The Right Context: A Powerful Trading Edge
The key takeaway is that context turns a simple price action pattern into a meaningful signal. A big green candle isn’t automatically bullish, and a big red candle isn’t automatically bearish. You need to ask questions like:
- Where is the price relative to key levels (support, resistance, moving averages)?
- What is the bigger trend on higher timeframes (daily, weekly)?
- Are there any external factors influencing the market (news, earnings, etc.)?
Understanding the context allows you to read the market more accurately, make smarter decisions, and avoid falling into the trap of emotional or impulsive trading. Remember:price action without context is just noise.
By always considering the bigger picture, you’ll be able to make much more informed and confident trading decisions, and most importantly, stay ahead of the market.
Want more insights? Follow for regular price action analysis and advanced trading tips that can help you sharpen your skills and spot profitable opportunities!
Goldiam International - Ready to take off to new journey!!Goldiam International is ready to take off to a new journey. It is making a move + base + move. We pocketed ~50% profit in earlier move and now it looks more strong. It has crossed its recent base and ready to take off. Other factors:
1. RSI is positive
2. MACD is positive
3. Volumes are amazing
4. Fundamentally, it has top niche financials.
5. Launching its own brand "Origem" in lab grown diamond jewellery with 3-5 stores opening in Q3 and thrive to become India's largest brand in this segment.
We can see this stock moving to new heights!!!
Keep following @cleaneasycharts for more detailed information on stocks, as we recommend Right Stocks at Right Time at Right Price!!
Cheers!!!
TRACK YOUR SUCCESSIn a world overflowing with information and distractions, journaling serves as a compass, guiding us toward self-awareness and growth. While the practice has been celebrated in personal development circles, its value extends significantly into the trading world. By journaling, you create a detailed record of your thoughts, emotions, decisions, and outcomes—data that can help refine your approach to life and trading alike.
What Is Journaling?
Journaling is the practice of recording your thoughts, actions, and reflections in written form. It can be as simple as jotting down your day-to-day experiences or as structured as maintaining detailed logs of your trading activities. In essence, it’s a habit of observing, documenting, and analyzing your journey to foster growth and improvement.
Why Journal Your Life and Trades?
1. Improved Decision-Making
- Life: Reflecting on daily choices reveals patterns and recurring themes, helping you make more informed future decisions.
- Trading: A trading journal documents your strategies, entry and exit points, and emotional state during trades. Reviewing this data illuminates what works and what doesn’t.
2. Emotional Regulation
- Life: Journaling provides a safe space to express emotions and clear mental clutter.
- Trading: Writing down your emotions before, during, and after trades can help identify biases, such as fear or greed, that influence your performance.
3. Accountability and Discipline
- Life: Regularly writing down goals and tracking progress holds you accountable.
- Trading: Documenting every trade creates a structured routine, fostering discipline and preventing impulsive decisions.
4. Tracking Progress
- Life: Seeing how far you’ve come in various aspects of your life can be incredibly motivating.
- Trading: Analyzing your win rates, risk-reward ratios, and other metrics helps measure growth as a trader.
Good Examples of Journaling
1. Life Journaling
- Morning Reflection: "What are the three things I want to achieve today? How do I feel right now?"
- Evening Summary: "What went well today? What could have gone better? What did I learn?"
2. Trading Journaling
- Trade Details:
- Date and time
- Asset traded
- Entry and exit points
- Position size and risk level
- Thought Process:
- Why did I enter this trade?
- What was my strategy?
- Did I stick to my plan? If not, why?
- Emotional Analysis:
- How did I feel before entering the trade?
- What emotions surfaced during the trade?
- Did these emotions affect my decisions?
Journaling Formats
- Digital Journals: Use platforms like Excel or tradezella.
- Physical Journals: A notebook allows for freeform thoughts and creative expression.
Conclusion
Journaling is more than a habit; it’s a tool for self-discovery and mastery. For traders, it transforms the chaotic world of markets into a structured learning ground. For individuals, it turns life’s noise into clarity. By committing to this practice, you set the stage for consistent growth, both personally and professionally. So, pick up that pen (or open that app), and start journaling your life and trades today—you’ll be amazed at the insights and improvements it brings!
Your Turn
Do you already journal your trades or life? If yes, how has it helped you? If not, what’s stopping you from starting? Let’s discuss in the comments!
Nifty Intraday Analysis for 6th December 2024NSE:NIFTY
Index closed near 24710 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
25000 Strike – 31.58 Lakh
24500 Strike – 26.84 Lakh
24500 Strike – 20.96 Lakh
Put Writing
24500 Strike – 40.76 Lakh
24000 Strike – 30.79 Lakh
24700 Strike – 18.31 Lakh
Index has resistance near 24800 – 24850 range and if index crosses and sustains above this level then may reach near 24950 - 25000 range.
Index has immediate support near 24500 – 24450 range and if this support is broken then index may tank near 24300 – 24250 range.
High volatility expected due to RBI MPC commentary on Inflation, GDP forecast and rate cut.
Positional Trade Sharda Cropchem
Trade details mentioned in the chart
Yellow Lines = Add on dips
Red Line = SL CLB
Green Lines = Targets
TSL Must = to maximize profits & lower your risk
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Naresh G
SEBI Reg.RA
Britannia |Bull Rally Pending . ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️
💡✍️Technical Reasons to trade or Strategy applied :-
✅Inverted Head & Shoulder Chart Pattern Bull Breakout required
✅Breakout confirmation required
✅Rise in Volume
✅Good 3 touches Trendline with volume
✅Clear uptrend with HH & HLs sequence in smaller Time frame
✅ Order block as potential Supports
✅Check out my TradingView profile to see how we analyze charts and execute trades.
🙋♀️🙋♂️If you have any questions about this stock, feel free to reach out to me.
📍📌Thank you for exploring our idea! We hope you found it valuable.
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Gold resuming the decline As discussed in last week posts and weekly analysis video also, price is resuming the decline cycle and seems like breaking down the rising wedge pattern, On Friday gold price tested the fib 50% level and now moving down , 2650-65 is the main resistance zone now and under this we can look for sell opportunities , today we have extreme narrow CPR which can add a very good one sided move, as I am holding sell trade from last week I am expecting a test near 2600 area first where I am planning to book profit partially from some positions because under 2600 we have weekly S1(2596) where we can expect a short bounce (but I do not want to buy as of now) and I want to hold rest of the sell entries towards 2530.
If bears managed to close the day under 2600 then this can add another confirmation for more decline.
MANGCHEFERMangalore Chemicals and Fertilizers Ltd
#MANGCHEFER
A fertilizer manufacturing company engaged in manufacturing, purchase and sales of fertilizers.
Key Highlights:
- CMP: ₹166.1
- Consistent high return for last 5 years among Nifty500
- Annual net profit increasing for last 2 years
- Mutual funds increased their stake in last quarter
- Debt is reducing
- Management is confident to increase production of ammonium and urea plant
Merits:
1. Consistent Profitability: Annual net profit has been increasing for the last 2 years, with a consistent high return for the last 5 years among Nifty500.
2. Reducing Debt: The company's debt has been decreasing, indicating a healthy financial position.
3. Increased Mutual Fund Stake: Mutual funds have increased their stake in the company in the last quarter, indicating investor confidence.
4. Improving Operational Efficiency: Debtor days, cash conversion cycle period, and working capital days are decreasing QoQ, indicating improving operational efficiency.
5. Positive Management Outlook:The management is confident to increase production of ammonium and urea plant, which was in shutdown stage during the last quarter.
6. Near 52-Week High: The stock is near its 52-week high, indicating strong investor sentiment and potential for further upside.
Demerits:
1. High Promoter Pledge: The promoter pledge is very high, which could be a concern.
2. Merging with Paradeep Phosphate: The proposed merger with Paradeep Phosphate is still in the air, and the outcome is uncertain.
Conclusion:
Mangalore Chemicals and Fertilizers Ltd has shown consistent profitability, reducing debt, and increasing mutual fund stake. With the stock near its 52-week high, strong investor sentiment, and potential for further upside, it's definitely a stock to watch. If the company can successfully merge with Paradeep Phosphate and increase production, it could lead to a big move in the stock price, provided volume supports it.However, the high promoter pledge and uncertainty around the proposed merger with Paradeep Phosphate are concerns that need to be monitored.
Disclaimer : Post only for educational purpose. This is not a buying/ selling recommendation. Iam not a SEBI registered analyst .Do your own analysis and act accordingly.
3 Yrs Break Out on Monthly Frame with RetracementUTI AMC
Very Strong Fundamentals
Decent Long Term Pick for Investors
Plz Choice ANY 1 of the trading options & STICK to it
LTP 1320
For QUICK Traders
Enter Now with SL @ 1275
Tgts of 1400 & 1440
For Positional Traders
Add on Dips till 1200
SL CLB 1160 & 1100 ( Depending on your risk Appetite )
Targets 1450-1525-1625-1675-1775-1855
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Nifty Intraday Analysis for 5th December 2024NSE:NIFTY
Index closed near 24465 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
25000 Strike – 157.50 Lakh
24800 Strike – 116.87 Lakh
24500 Strike – 107.03 Lakh
Put Writing
24000 Strike – 130.13 Lakh
23800 Strike – 122.09 Lakh
23900 Strike – 84.79 Lakh
Index has resistance near 24550 – 24575 range and if index crosses and sustains above this level then may reach near 24700 - 24750 range.
Index has immediate support near 24350 – 24300 range and if this support is broken then index may tank near 24200 – 24150 range.
BANK NIFTY INTRADAY LEVELS FOR 05/12/2024BUY ABOVE - 53390
SL - 53190
TARGETS - 53700,53930,54150
SELL BELOW - 53190
SL - 53390
TARGETS - 52970,52800,52600
NO TRADE ZONE - 53190 to 53390
Previous Day High - 53390
Previous Day Low - 52800
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY INTRADAY LEVELS FOR 05/12/2024BUY ABOVE - 24500
SL - 24420
TARGETS - 24600,24700,24800
SELL BELOW - 24420
SL - 24500
TARGETS - 24340,24250,24180
NO TRADE ZONE - 24420 to 24500
Previous Day High - 24600
Previous Day Low - 24340
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍