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Harmonic Patterns

BTCUSD Key Zones: Supply/Demand Analysis & Breakout ScenariosThis chart highlights critical supply and demand zones for BTCUSD, mapping out possible bullish and bearish scenarios. If the price breaks above the supply zone, a sharp move towards 120,000+ is possible. Conversely, if the demand zone fails, BTCUSD could retest 108,000 or lower. Monitor these areas for effective risk management and potential intraday trades. Let me know your views on breakout or reversal setups in the comments!
CRYPTO:BTCUSD
by TradeTravel_Explore
Trading Master Class With ExpertsTips for Beginners in Options Trading Start with buying calls/puts before selling. Trade liquid instruments like Nifty/Bank Nifty. Learn Greeks slowly, don’t jump into complex strategies. Avoid naked option selling without hedging. Paper trade before risking real capital. Role of Volatility in Options Volatility is the lifeblood of options. High Volatility = Expensive Premiums. Low Volatility = Cheap Premiums. Traders often use Implied Volatility (IV) to decide whether to buy (when IV is low) or sell (when IV is high). Mastering Options Options are like a Swiss Army Knife of trading—one tool with multiple uses: speculation, hedging, and income generation. But with great power comes great responsibility. To succeed in options trading: Understand the basics thoroughly. Start small and simple. Master risk management. Use strategies suited to your market outlook. Keep emotions under control. With practice and discipline, options can become a game-changer in your trading journey.
NSE:KOTAKBANKEducation
by SkyTradingZone
2
Part 6 Learn Institutional TradingOptions in Indian Markets In India, options are traded on NSE and BSE, primarily on: Index Options: Nifty, Bank Nifty (most liquid). Stock Options: Reliance, TCS, Infosys, etc. Weekly Expiry: Every Thursday (Nifty/Bank Nifty). Lot Sizes: Fixed by exchanges (e.g., Nifty = 50 units). Practical Example – Nifty Options Trade Scenario: Nifty at 20,000. You expect big movement after RBI policy. Strategy: Buy straddle (20,000 call + 20,000 put). Cost = ₹200 (call) + ₹180 (put) = ₹380 × 50 = ₹19,000. If Nifty moves to 20,800 → Call worth ₹800, Put worthless. Profit = ₹21,000. If Nifty stays at 20,000 → Both expire worthless. Loss = ₹19,000. Option Trading Psychology Patience: Many options expire worthless, don’t chase every trade. Discipline: Stick to stop-loss and position sizing. Avoid Greed: Sellers earn small consistent income but risk blow-up if careless. Stay Informed: News, earnings, and events impact volatility.
BSE:SENSEXEducation
by SkyTradingZone
Part 1 Ride The Big Moves Call and Put Options in Action Call Option Example Reliance is trading at ₹2500. You buy a 1-month call option with strike price ₹2550, premium ₹50, lot size 505. If Reliance rises to ₹2700 → Profit = (2700 - 2550 - 50) × 505 = ₹50,500. If Reliance falls below 2550 → You lose only the premium (₹25,250). Put Option Example Nifty is at 20,000. You buy a 1-month put option, strike 19,800, premium 100, lot size 50. If Nifty falls to 19,200 → Profit = (19,800 - 19,200 - 100) × 50 = ₹25,000. If Nifty rises above 19,800 → You lose premium (₹5,000). Participants in Options Trading Option Buyer – Pays premium, has limited risk and unlimited profit potential. Option Seller (Writer) – Receives premium, has limited profit and potentially unlimited risk. Example: Buyer of call: Unlimited upside, limited loss (premium). Seller of call: Limited profit (premium), unlimited loss if stock rises.
TVC:GOLDEducation
by SkyTradingZone
Part 2 Master Candlestick PatternKey Terms in Options Trading Before diving into strategies, let’s master some core concepts: Underlying Asset: The stock/index/commodity on which the option is based. Strike Price: The price at which the option can be exercised. Expiration Date: The date on which the option contract ends. Premium: The price paid by the option buyer to the seller (writer) for the contract. In-the-Money (ITM): Option has intrinsic value (profitable if exercised). At-the-Money (ATM): Underlying price = Strike price. Out-of-the-Money (OTM): Option has no intrinsic value yet (not profitable to exercise). Lot Size: Options are traded in lots (e.g., Nifty option has a fixed lot of 50 units). Leverage: Options allow control of large positions with smaller capital. How Options Work Options are like insurance. Imagine you own a house worth ₹50 lakh and buy insurance. You pay a small premium so that if the house burns down, you can recover your value. Similarly: A call option is like paying for the right to buy a stock cheaper later. A put option is like insurance against stock prices falling.
NSE:RELIANCEEducation
by SkyTradingZone
Part 1 Master Candlestick PatternIntroduction to Options Trading Options trading is one of the most powerful tools in the financial markets. Unlike traditional stock trading, where you buy or sell shares directly, options allow you to control an asset without owning it outright. This gives traders flexibility, leverage, and a wide range of strategies for both profits and risk management. At its core, an option is a contract that gives the buyer the right, but not the obligation, to buy or sell an underlying asset at a specific price (called the strike price) on or before a certain date (the expiration date). The beauty of options lies in choice: you can profit whether markets are rising, falling, or even staying flat—if you know how to use them. What is an Option? An option is a derivative instrument, meaning its value is derived from the price of another asset (the “underlying”), such as: Stocks (e.g., Reliance, Apple) Indexes (e.g., Nifty, S&P 500) Commodities (e.g., Gold, Oil) Currencies Two Main Types of Options: Call Option – Gives the right to buy the underlying asset. Put Option – Gives the right to sell the underlying asset. Example: A call option on Reliance with a strike price of ₹2500 expiring in one month gives you the right (not the obligation) to buy Reliance shares at ₹2500, regardless of the market price. A put option with a strike of ₹2500 gives you the right to sell at ₹2500.
NSE:COALINDIAEducation
by SkyTradingZone
ITC Projection Here’s a clear explanation of **ITC Limited’s Business Model** 👇 --- ### **ITC Business Model Overview** **1. Diversified Conglomerate Structure** ITC Limited operates as a multi-business conglomerate with presence across **FMCG, Hotels, Paperboards & Packaging, Agri-Business, and IT services**. This diversification reduces risk and ensures multiple revenue streams. --- **2. Major Business Segments** * **FMCG (Fast-Moving Consumer Goods):** * Cigarettes (Flagship business, \~35-40% revenue share) * Branded packaged foods (Aashirvaad, Sunfeast, Bingo, Yippee, B Natural) * Personal care (Fiama, Vivel, Savlon) * Lifestyle retail (Wills Lifestyle, John Players earlier) * Stationery & matches * **Hotels:** * Operates premium, luxury, and business hotels under ITC Hotels, WelcomHotel, Fortune, and Aashray brands. * **Paperboards, Paper & Packaging:** * Integrated manufacturing of eco-friendly paperboards, specialty papers, and packaging solutions. * **Agri-Business:** * E-Choupal digital platform connects directly with farmers for procurement of wheat, soybeans, coffee, etc. * Supplies to domestic and export markets. * **IT Services:** * ITC Infotech offers technology consulting and digital solutions globally. --- **3. Value Creation Strategy** * **Backward Integration:** Own sourcing (agriculture, paper) ensures cost efficiency and quality control. * **Brand Building:** Heavy investment in R\&D, innovation, and strong distribution network. * **Sustainability Focus:** ITC positions itself as carbon-positive, water-positive, and solid-waste recycling positive. * **Synergy Across Businesses:** Agri-business supports FMCG (e.g., sourcing wheat for Aashirvaad), packaging supports branded foods, etc. --- **4. Revenue & Profit Mix** * Cigarettes remain the **largest profit generator**, though FMCG and agri-business are growing rapidly. * Hotels and paperboards provide diversification but contribute less to profit compared to FMCG & cigarettes. --- ✅ **In short:** ITC runs a **multi-vertical business model**, with cigarettes as the cash cow funding expansion into FMCG, hotels, and other sustainable ventures, creating long-term shareholder value. --- thanks
NSE:ITCShort
by TheGoldenFarmsofEquity
BIOCON (Biocon Ltd)- Analysis Bullish Levels -if sustain above 395 (early entry risky) then 427 safe entry if sustain above this for 2 weeks) target can be around 459 then 483 to 492 if sustain above for a week or two then we expect more upside and wait for targets around 605 to 637 then 726 to 759 then 848 to 880 Bearish levels :- if sustain below 354 then bearish 338 swing trade exit below this if sustains for 2-3 days then 297 to 282 then 224 good support with SL of 207 for long term investors below this more bearish. **Consider some Points buffer in above levels **Disclaimer -  I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk. Thank you.
NSE:BIOCON
by PrashantTaralkar
Reliance 1 Day View Key Levels (1-Day Time Frame) Based on data from Investing.com and Moneycontrol: Day’s Range: ₹1,407.90 – ₹1,423.40 Recent Daily High (Aug 21): ₹1,431.90 Recent Daily Low (Aug 11): ₹1,361.20 From chart commentary (TradingView): Support Zone: ₹1,385–1,400 Resistance Level: Around ₹1,423–1,431 Interpretation & Notes Intraday activity shows movement between roughly ₹1,408 to ₹1,423. A daily low near ₹1,408 may serve as short-term support; breaking below could test the ₹1,385–1,400 zone. On the upside, a close above ₹1,423–1,431 might open potential to push higher. Remember: technical levels provide guidance, not guarantees—market dynamics and fundamentals can shift price action quickly. Always cross-check with live charts and broader analysis.
NSE:RELIANCELong
by TechnicalExpress
Nifty 1 Week ViewKey Levels (Weekly Time Frame) Resistance Zones (Upside): 24,250 – 24,300 → Immediate supply zone / resistance 24,500 – 24,600 → Next major resistance (if breakout sustains) 24,850 – 25,000 → Psychological round level + possible profit booking Support Zones (Downside): 23,950 – 24,000 → Immediate weekly support 23,700 – 23,750 → Strong demand zone (previous breakout level) 23,400 – 23,450 → Deeper support; trend reversal only if broken Indicators & Market Structure RSI (Weekly): Above 60 → Healthy bullish momentum, but slightly overbought. Volume Profile: Strong accumulation between 23,600 – 23,800 zone → acts as a strong base. Candlestick Structure: If this week closes above 24,250, continuation rally possible. If rejection happens, sideways to mild correction.
NSE:NIFTYLong
by TechnicalExpress
APOLLO 1 Day ViewRecent Catalysts Apollo Micro Systems saw a significant price spike recently, following an announcement of securing defense contracts worth ₹25.12 crore from DRDO and other public sector undertakings. This triggered a ~15.4% jump in share price and contributed to the new high. Based on the most recent data: The current/closing price was around ₹235, up 14.6%, setting a 52-week high of ₹240.40 on August 22, 2025. Daily high: approximately ₹240.4 Daily low: around ₹204.7 VWAP (Volume-Weighted Average Price): ₹231.79 Volume traded: reported as 88,960,249 shares Summary Table Metric Value Previous Close ~₹205.2 Current / Close ~₹235 (+14.6%) Daily High ~₹240.4 Daily Low ~₹204.7 VWAP ₹231.79 Volume ~88.96 million shares Important Trigger Defense order win announcement
NSE:APOLLOLong
by TechnicalExpress
1
BTCUSD 4 Hours View Support Zones & Turning Points ** ~$115,000 Pivot Zone** A consolidation area around $115,000 (± $600) acts as a short-term support base and momentum gauge. ~$117,430 (4H MA50) The 50-period moving average on the 4H chart sits near $117,430, serving as a dynamic support level. Previous ATH zones ($110K–$112K) These levels have historically flipped as support after bullish retreats. Resistance & Overhead Supply $120,000 Psychological Barrier A major round-number resistance that needs to be overcome for sustained bullish momentum. $121K–$123K (Current and Previous ATH Range) These levels remain formidable obstacles, marking the highest recent peaks. $124,500 Zone The recent all-time high, now under challenging supply and selling pressure. Elliott Wave & Retracement Support ~$118,657 (38.2% Fibonacci retracement) This level aligns with the corrective wave (Wave IV) in the Elliott Wave count, suggesting a solid bounce zone for potential Wave V continuation.
BITSTAMP:BTCUSDLong
by TechnicalExpress
Common Mistakes New Traders Make1. Jumping into Trading Without Education Many beginners dive into trading after watching a few YouTube videos, following tips from social media, or hearing success stories of others. But trading isn’t about luck — it’s about skill, discipline, and strategy. Mistake: Believing trading is just buying low and selling high. Reality: Trading requires understanding technical analysis, risk management, psychology, and market structure. Example: A new trader hears about a stock that doubled in a week. They buy without research, but by the time they enter, the stock has already peaked. The price crashes, and they lose money. Solution: Treat trading like a profession. Just as a doctor or engineer studies for years, a trader needs structured learning — books, courses, simulations, and practice before putting real money at risk. 2. Trading Without a Plan Imagine playing a cricket match without a game plan — chaos is guaranteed. Similarly, trading without a clear plan leads to impulsive decisions. Mistake: Buying and selling based on emotions or news without rules. Reality: Successful traders have a written trading plan that defines entries, exits, position size, and risk per trade. Example: A beginner sees a stock rising sharply and enters. But when it drops, they don’t know whether to cut losses or hold. Confusion results in bigger losses. Solution: Build a trading plan that answers: What markets will I trade? What timeframes will I use? What setups will I look for? How much capital will I risk? When will I exit with profit/loss? 3. Overtrading New traders often fall into the trap of taking too many trades, thinking more trades mean more profits. In reality, overtrading drains both money and mental energy. Mistake: Trading every small market move, chasing excitement. Reality: Professional traders wait patiently for high-probability setups. Example: A trader makes 15 trades in a single day, paying high brokerage and making impulsive decisions. Even if a few trades win, commissions and losses wipe out gains. Solution: Quality over quantity. Focus on one or two good setups a day/week instead of chasing every move. 4. Lack of Risk Management This is perhaps the biggest mistake new traders make. They risk too much on a single trade, hoping for quick riches. Mistake: Betting 30–50% of capital on one stock/option. Reality: Risk per trade should usually be 1–2% of total capital. Example: A trader with ₹1,00,000 puts ₹50,000 into one stock. The stock falls 20%, wiping out ₹10,000 in one trade. After a few such losses, the account is destroyed. Solution: Use stop-loss orders, risk only small amounts per trade, and accept losses as part of the game. 5. Revenge Trading After a loss, beginners often feel the need to “make back money quickly.” This emotional reaction leads to revenge trading — entering bigger trades without logic. Mistake: Trading emotionally after a loss. Reality: Losses are normal; chasing them increases damage. Example: A trader loses ₹5,000 in the morning. Angry, they double their position size in the next trade. The market goes against them again, and they lose ₹15,000 more. Solution: Step away after a loss. Review what went wrong. Never increase position size just to recover money. 6. Lack of Patience Trading rewards patience, but beginners crave fast profits. They exit winners too early or hold losers too long. Mistake: Taking profits too soon, cutting winners; holding losers, hoping they turn. Reality: Let profits run, cut losses quickly. Example: A stock moves up 2%, and the trader books profit, missing a 10% rally. But when a trade goes down 5%, they refuse to sell, and the loss grows to 20%. Solution: Trust your trading system. Follow stop-loss and target levels. 7. Following Tips & Rumors Many new traders blindly follow WhatsApp tips, Twitter posts, or “friend’s advice” without analysis. Mistake: Relying on others for buy/sell calls. Reality: Tips may work occasionally but are not reliable long-term. Example: A trader buys a “hot stock” from a group. The stock spikes briefly but crashes because big players offload positions. Solution: Do your own research. Build conviction based on analysis, not rumors. 8. Ignoring Trading Psychology The market is a battle of emotions — fear, greed, hope, and regret. Beginners often underestimate psychology. Mistake: Thinking trading is 100% about strategy. Reality: Psychology is often more important than strategy. Example: Two traders have the same system. One sticks to rules, the other panics and exits early. The disciplined trader profits; the emotional one doesn’t. Solution: Practice emotional control. Meditation, journaling, and self-awareness help. 9. No Record Keeping Many beginners don’t track their trades, so they repeat mistakes. Mistake: Trading without keeping a log. Reality: A trading journal reveals strengths and weaknesses. Example: A trader keeps losing in intraday trades but doesn’t realize it because they don’t track results. Solution: Maintain a trading journal with details: entry, exit, reason for trade, result, and lessons learned. 10. Unrealistic Expectations Movies, social media, and success stories create a false impression of overnight riches. Beginners expect to double their account in weeks. Mistake: Believing trading is a shortcut to wealth. Reality: Trading is a long-term skill, and returns grow with discipline. Example: A trader starts with ₹50,000 and expects to make ₹10,000 a day. They take huge risks, lose capital, and quit. Solution: Aim for consistent small profits. Even 2–3% monthly growth compounds into wealth. 11. Poor Money Management Beginners often don’t allocate capital wisely. They put most money in risky trades, leaving nothing for better opportunities. Solution: Diversify across trades, keep emergency funds, and never put all money into one asset. 12. Not Understanding Market Conditions Markets change — trending, ranging, or volatile. Beginners apply the same strategy everywhere. Example: A breakout strategy may work in trending markets but fail in sideways ones. Solution: Learn to read market context (volume profile, trend, volatility). Adapt strategies accordingly. 13. Overconfidence After Wins A few successful trades can make beginners feel invincible. They increase position sizes drastically, only to face big losses. Solution: Stay humble. Stick to your plan regardless of wins or losses. 14. Fear of Missing Out (FOMO) FOMO is powerful in trading. Beginners see a stock rallying and jump in late, only to catch the top. Solution: Accept that missing trades is normal. The market always offers new opportunities. 15. Lack of Continuous Learning Markets evolve. Strategies that worked last year may fail now. Beginners often stop learning after early success. Solution: Keep learning — read books, backtest strategies, and follow market news. 16. Mixing Investing with Trading Beginners often hold losing trades, calling them “long-term investments.” This blurs strategy. Solution: Separate trading and investing accounts. Stick to timeframes and plans. 17. Ignoring Risk-Reward Ratio Many beginners take trades where the potential reward is smaller than the risk. Example: Risking ₹1,000 for a possible profit of ₹200. Even if right most times, losses eventually dominate. Solution: Take trades with at least 1:2 or 1:3 risk-reward ratio. 18. Not Practicing in Simulation Jumping into live markets without demo practice is costly. Solution: Use paper trading or demo accounts first to build skills without losing money. 19. Not Respecting Stop-Loss Beginners often remove or widen stop-losses, hoping the trade will reverse. Solution: Treat stop-loss like a safety belt. It protects you from disasters. 20. Quitting Too Soon Many traders quit after a few losses, never giving themselves a chance to grow. Solution: Accept that trading mastery takes years. Losses are tuition fees for market education. Conclusion Trading is not a sprint but a marathon. Almost every beginner repeats these mistakes: overtrading, poor risk management, revenge trading, following tips, and ignoring psychology. The good news is that mistakes are stepping stones to mastery — if you learn from them. By approaching trading with education, discipline, patience, and humility, new traders can avoid the traps that wipe out most beginners and build a path toward consistent profits.
NSE:HDFCBANKEducation
by TechnicalExpress
Trading Plan & JournalingIntroduction The financial markets are often described as a battlefield where only the disciplined survive. Traders from all walks of life enter this arena, each armed with different strategies, mindsets, and risk appetites. However, history shows that the majority of traders lose money in the long run—not because the markets are unbeatable, but because they lack structure and discipline. Two of the most powerful tools for achieving consistency and long-term profitability are: A Trading Plan – the strategic blueprint that guides every action in the market. A Trading Journal – the mirror that reflects one’s behavior, decisions, and growth as a trader. Together, they form the foundation of professional trading. Without them, traders are prone to emotional decision-making, impulsive trades, and recurring mistakes. This guide will deeply explore both concepts in detail, breaking them into digestible parts, supported by examples, techniques, and psychological insights. Part I – The Trading Plan 1. What is a Trading Plan? A trading plan is a written, structured framework that outlines how a trader will approach the market. It defines entry and exit strategies, risk management rules, trading goals, and performance evaluation metrics. Think of it as the business plan of a trader. Just like a company can’t run without a business plan, a trader cannot succeed long term without a trading plan. 2. Why Do You Need a Trading Plan? Eliminates guesswork – prevents random or impulsive trades. Brings consistency – ensures that you execute your strategy the same way every time. Controls emotions – reduces the impact of fear and greed. Improves risk management – avoids catastrophic losses. Helps evaluation – allows you to track results and refine your strategy. Without a trading plan, traders end up chasing tips, rumors, and news blindly—leading to inconsistent results. 3. Components of a Trading Plan A solid trading plan should cover the following areas: A. Personal Assessment Before crafting strategies, a trader must understand themselves. Risk tolerance – how much can you afford to lose per trade? Time availability – are you a full-time day trader, part-time swing trader, or long-term investor? Psychological strengths and weaknesses – are you patient, disciplined, or easily distracted? B. Market Selection Define which markets and instruments you will trade: Equities (large-cap, mid-cap, small-cap) Forex Commodities Indices Options & derivatives Focusing on a limited set of instruments helps you specialize rather than becoming a jack of all trades. C. Trading Strategy This section answers the “How” of trading. Technical approach (candlestick patterns, moving averages, volume profile, market structure). Fundamental analysis (earnings reports, macroeconomic data). Hybrid approach (combining both). Each setup should be clearly defined: Conditions for entry. Stop-loss placement. Profit targets or trailing stops. Position-sizing rules. D. Risk & Money Management The most crucial element. Decide: Maximum risk per trade (commonly 1–2% of account size). Maximum daily/weekly drawdown before stopping. Position sizing formula (e.g., fixed percentage, volatility-based sizing). Risk-reward ratio (minimum 1:2 or better). E. Trade Management Scaling in and out of trades. Adjusting stop-loss as price moves in your favor. Handling trades that gap overnight. F. Trading Schedule Decide when you’ll trade: Day trading → during market hours. Swing trading → end-of-day analysis. Long-term investing → weekly/monthly review. G. Performance Evaluation Set measurable goals: Win rate (%) Average profit per trade Risk-reward ratio Monthly return target Maximum acceptable drawdown 4. Example of a Simple Trading Plan Trader Type: Swing trader Market: Nifty 50 stocks Strategy: Trade only bullish engulfing & hammer candlestick patterns near support zones. Entry Rule: Buy at confirmation candle with above-average volume. Stop-loss: Below support or candle low. Target: 2x risk. Risk Management: 1% per trade, max 3 trades per day. Review: Weekly journal analysis to refine entries/exits. 5. Mistakes Traders Make with Trading Plans Not writing it down (keeping it “in the head”). Overcomplicating strategies. Ignoring rules when emotions take over. Constantly changing the plan after small losses. A plan only works if you follow it with discipline. Part II – The Trading Journal 1. What is a Trading Journal? A trading journal is a written or digital record of all trades taken, along with notes on reasoning, emotions, and outcomes. It’s like a diary for traders, where every action in the market is logged for review. 2. Why Keep a Trading Journal? Identifies strengths & weaknesses – shows what’s working and what isn’t. Tracks emotional state – helps detect patterns of impulsive trades. Improves accountability – forces you to justify every trade. Sharpens discipline – prevents repeating mistakes. Boosts confidence – reinforces good habits by showing progress. 3. Components of a Trading Journal A good journal records both quantitative and qualitative data. Quantitative Data (Numbers): Date & time of trade Asset traded Entry price, exit price, stop-loss, target Position size Profit/loss in % and amount Risk-reward ratio Qualitative Data (Thoughts & Emotions): Reason for taking trade Market conditions (trend, volatility, news) Emotional state (confident, fearful, greedy) Mistakes made (if any) Lessons learned 4. Tools for Trading Journaling Excel/Google Sheets – customizable, easy to analyze. TradingView screenshots – annotate charts for visual learning. Dedicated software – Edgewonk, TraderSync, or simple Notion templates. Pen & paper – traditional, but effective for emotional notes. 5. Example Trading Journal Entry Date: 20 Aug 2025 Stock: Infosys Setup: Bullish engulfing near 200 DMA + support zone. Entry: ₹1550 Stop-loss: ₹1530 Target: ₹1590 (2:1 RR) Result: Exited at ₹1585, profit ₹35/share. Emotion: Felt confident but exited early due to fear of reversal. Lesson: Stick to plan; don’t book profits too soon. 6. Reviewing Your Journal The real power of journaling lies in reviewing it regularly. End of week → review all trades taken. End of month → calculate win rate, average RR, emotional mistakes. Quarterly → refine strategy based on data. Patterns will emerge. For example: You may find most profits come from trend-following trades, while counter-trend trades lose money. You may notice losses increase when you trade after 3 consecutive wins (overconfidence). You may realize that impulsive entries happen more often when you skip morning preparation. 7. Common Mistakes with Journals Not recording losing trades (only writing about wins). Writing vague reasons (“felt good about this trade”). Not reviewing the journal frequently. Treating it as a chore instead of a learning tool. Part III – Psychology, Discipline & Growth A trading plan and journal are useless without the right mindset. 1. Emotional Control Markets constantly test patience, greed, and fear. A plan provides structure, while a journal helps spot recurring psychological pitfalls. 2. The Role of Discipline Discipline is simply the act of sticking to your plan regardless of temptation. The journal is your accountability partner. 3. Growth Mindset Losses are inevitable. Journaling turns losses into lessons, making them investments in education rather than failures. 4. The Feedback Loop Execute trades according to plan. Record them in the journal. Review & identify improvements. Refine the trading plan. This cycle creates continuous improvement. Part IV – Practical Tips for Success Start simple – don’t overload your plan/journal with unnecessary data. Use screenshots – visual memory is stronger than written notes. Reward yourself – celebrate when you stick to your plan, even on losing trades. Keep emotions in check – note them honestly, even if embarrassing. Backtest strategies – before adding to your plan, test them historically. Conclusion A trader without a plan and journal is like a ship sailing without a compass—drifting aimlessly in stormy seas. The combination of a well-structured trading plan and a disciplined journaling practice transforms trading from a gamble into a business. The plan gives direction. The journal provides feedback. Together, they create consistency, accountability, and growth. Successful trading is not about predicting the market perfectly—it’s about managing risk, executing with discipline, and learning continuously. If you dedicate yourself to creating and following your trading plan, while diligently maintaining a journal, you’ll find yourself ahead of 90% of traders who rely solely on intuition.
BSE:SENSEXEducation
by TechnicalExpress
Natural Gas Futures (INR) Weekly Chart pattern analysisNatural Gas Futures (INR) Weekly Chart pattern analysis. For the students, We will include chart structure, patterns, demand-supply zones, and precise support/resistance levels based on what is seen on the charts : - Chart OverviewTimeframe: Weekly (1W)Current Price: 244.7 (down -5.30%)Price is near an important ascending trendline support (green line) after a strong correction from recent highs. Structure shows earlier breakout above descending trendline (blue) followed by a retest and rejection. 🧭 1. Trend Analysis- Long-Term Trend:From 2022 highs (900+), Natural Gas was in a sharp downtrend (blue descending trendline).Downtrend broke in late 2023, initiating a mid-term uptrend within an ascending channel. Short-Term Trend:Since the 405.7 high (early 2025), prices are in a correction phase.Price now testing demand zone near 244-212. 📈 2. Chart Patterns,Ascending Channel: Price has been moving between parallel green lines since late 2023.Breakdown Risk: Price is testing the lower channel line; breakdown could trigger more downside.Head & Shoulders Possibility: The highs around 405-358 resemble a left shoulder-head-right shoulder formation, with neckline near 249-244. A confirmed break below could accelerate selling. Supply Zone Rejection: Strong selling emerged from 358-405, marking it as a supply zone. 3. Key Technical Levels: Rejection Level: High Significance 405.7 -Major Supply 2025 high, strong rejection point 358.7 Secondary Supplying- Recent swing high before sell-off 249.6-244.7 - Current Zone - Channel support & neckline zone 218.0 - Demand Zone Past consolidation & buying interest 212.0 - Strong Support Historical demand zone floor 209.9 - Critical Support If broken, opens path to 180-160⚖ 4. Demand & Supply ZonesDemand Zones:218-212 (weekly accumulation area)180-160 (last major base before rally) Supply Zones:358-405 (heavy selling area)280-300 (minor supply if bounce occurs) 5. Possible ScenariosScenario 1 Support Holds:If 244-212 holds, expect a bounce towards 280 and 300.A close above 300 could re-test 358. Scenario 2 - Breakdown:A close below 212 could lead to a quick drop towards 180-160. 👉 Disclaimer: This is for educational purposes only, not trading advice. Futures & commodities are highly volatile; manage risk and consult a registered financial advisor. #naturalgas #technicallevels #chartpatternabalysis #commoditytrading
MCX:NATURALGAS1!Long
by Global_Growth_Mentor
SDBL ANALYSIS📊 CHART OF THE WEEK STOCK: SDBL Why I'm betting on this ₹140 stock for a 35-40% move 👇 Som Distilleries & Breweries Ltd - Current Price: ₹140.06 Here is my 6 Point Analysis: 1. Perfect Breakout Setup- 2 year resistance finally broken. Now retesting that same level as support. This is textbook technical analysis playing out. 2. Consolidation- After that insane COVID run up, it needed rest. Got a 44% correction from ATH plus 2 years of time correction. Energy is building up again. 3. Relative Strength- While others crumbled in recent volatility, SDBL held its ground. Outperformed both Nifty & its sector. Leadership quality. 4. Fundamental- Recent results came out strong. Technical plus fundamental alignment is my favorite combo for my positional trade. 5. Risk to Reward- Target: 35-40% minimum (₹189-196) Stop Loss: ₹122.82 (12% risk for 35%+ reward) That's nearly 3:1 ratio. 6. The Bigger Picture- From COVID lows to ATH, then consolidation, now breakout. Classic stage analysis in action. What I am going to do: Enter around current levels. Trail stops after hitting first target. Will manage position size carefully. Remember: This is for learning purposes. Do your own analysis before any trade.
NSE:SDBLLong
by Its_Bhushan
1
AUDJPY SELLSCurrent price action is bearish, with downside momentum confirming bearish order flow. Before considering shorts, I reviewed where price previously pushed higher and identified a key daily demand zone — an unmitigated wick that sparked the last major bullish move. This is important context: even though the 4H structure is bearish, bulls could still step in with enough volume to break supply. I unfortunately missed the long entry at that demand zone, which would have been an ideal trap for a win–win scenario. For now, I’ve marked the nearest supply zone. Price just missed tapping into it, so I’ll patiently wait for when it taps. And then I’ll look for confirmation to enter shorts if the opportunity sets up.
Short
by Tilen_FX
Bank Nifty Retest 50 K Again ?Here are the current components of the **Nifty Bank (Bank Nifty)** index, which consists of 12 major Indian banking sector stocks: * **HDFC Bank Ltd** * **ICICI Bank Ltd** * **State Bank of India (SBI)** * **Kotak Mahindra Bank Ltd** * **Axis Bank Ltd** * **Bank of Baroda** * **Punjab National Bank (PNB)** * **Canara Bank** * **IDFC First Bank Ltd** * **IndusInd Bank Ltd** * **AU Small Finance Bank Ltd** * **The Federal Bank Ltd** ( , , ) --- ### Weightage Breakdown (as of August 22, 2025) Here’s how the index weightages stack up, based on current market capitalizations: * **HDFC Bank Ltd** – 32.92% * **ICICI Bank Ltd** – 22.39% * **State Bank of India** – 16.44% * **Kotak Mahindra Bank Ltd** – 8.62% * **Axis Bank Ltd** – 7.25% * **Bank of Baroda** – 2.71% * **Punjab National Bank** – 2.64% * **Canara Bank** – 2.18% * **IDFC First Bank Ltd** – 1.31% * **IndusInd Bank Ltd** – 1.29% * **AU Small Finance Bank Ltd** – 1.21% * **The Federal Bank Ltd** – 1.05% ( ) --- ### Summary Table | Rank | Bank | Approx. Weight (%) | | ---- | ------------------------------ | ------------------ | | 1 | HDFC Bank Ltd | 32.92 | | 2 | ICICI Bank Ltd | 22.39 | | 3 | State Bank of India | 16.44 | | 4 | Kotak Mahindra Bank Ltd | 8.62 | | 5 | Axis Bank Ltd | 7.25 | | 6–12 | Bank of Baroda to Federal Bank | 1–3 | These 12 banks collectively shape the performance of the Bank Nifty index, which is a key benchmark for India's banking sector. Let me know if you’d like details on market caps, historical changes, or how frequently these components are updated!
NSE:BANKNIFTYShort
by TheGoldenFarmsofEquity
Pennar Industries Limited - Breakout Setup, Move is ON...#PENIND trading above Resistance of 189 Next Resistance is at 257 Support is at 121 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:PENINDLong
by MandeepSinghKohli
5