Zomato's Growth Odyssey: Breaking Boundaries from 115 to 135 RsTrade Idea: With the current price at 116.50 Rs, if the Zomato stock manages to breach the immediate resistance levels(115 Rs), the next target is set at 125 Rs. This milestone could potentially be achieved within a span of 8-10 days. Following this accomplishment, the price might briefly touch around 135 Rs in approximately 2-3 week.
Note: Implement a well-defined stop-loss strategy to manage risk effectively.
1st Target --> 125 Rs
2nd Target --> 135 Rs
3rd Target --> in next post
Thanks,
Kambi
Livetrading
Banknifty Intraday Trade👑🤑💸💸👑Royal Trade👑
BANK NIFTY IMPORTANT LEVEL
WE BUY CALL AND TARGET LEVEL IN VIDEO
45869 // 45788 // 45734 // 45613 // 45558 // 45488 // 45292 // 45158 // 44901 // 44796 // 55561 // 44410
This is only level we upload new idea in morning 9.30
Buy when Market Break
The support or Resistance
and wait for the closing and
set stop loss at the
last opening of the candle.
NOTE
#We Are Not Promote Anything
#This channel Purpose to share market ideas.
Thanks for Watching🙏
BTC Back to $10k?? The BTC is trading the 6month in Bullish Fair Value Gap, thats why it is bullish right now.
But if it the 6month Candle Stick Fails to Close above the 6month Fair Value Gap, then we can see the Bear Market for 2024, 10more days to go to form a new 6month Candle.
Also there is a Volume Imbalance, which market has to Balance before going up.
Higher Volume Imbalance Act as Magnet in the Market.
NOTE -
Big Panic Sell might happen in BTC.
Be-careful while Investing Longterm in BTC, Market maker are taking Liquidity to Short and play Against to your Long Position.
DON'T FALL IN THERES TRAP.
3 Trading Stats that you must haveToday’s topic is all about three trading stats that you must have.
If you remember I have spoken about the three step trading methodology in our talks at conferences and seminars. One of the components of the three step trading methodology is the optimisation component. This is when you’re looking at your stats to see how you can optimise your strategy or review your stats, look at what going wrong, what’s going well and what can be improved. In that review, there are a few stats that you definitely must be looking at.
The first one is reliability. What this means is basically the percentage of winners to losers. So we are really looking at how many trades actually won as opposed to those lost. For example, sometimes you can have systems where there’s a 40% reliability of winners and 60% losers. Or you can also have systems where you have 70% winners and 30% losers. You can have either one. Usually with swing traders when you’re looking for low frequency and high profitability strategies, the reliability of these reduces because each trade is looking at giving you a higher profit. Let me explain that as we come to the second point. So the first stat you need to look at is reliability of the strategy.
Here’s the second point. Not only is it important to look at how many times you’re winning – because that’s not really the whole picture – so the second point is where we need to know your average winner to loser. What we call average win to loss ratio. Basically this is very similar to your reward to risk ratio. One critical thing I must mention is that some traders say that they have to take a 3:1 reward to risk ratio trade or a 2:1 reward to risk ratio trade – that is all expected reward to risk ratio. You need to see how well is your strategy actually performing. That’s the most important point. What we’re then looking at is then we’re looking at the average. We know the actual winners, so how much did they make to the average loss that they made as well. So even though you may have a 40% reliability system, it’s only winning 40% of the time, if your actual win is say £200 to an average loss of let’s say £80, we’ve got about 2.5:1. So we’re looking at average win to average loss and that’s what you need to calculate in your stats. How much is it winning on average to your average loss?
The final thing you need to know about stats is expectancy. In terms of expectancy what you’re looking at is basically your average net profit. Your average net profit divided by your average loss gives you your expectancy. What this figure is actually telling you is how much each of your trades is making. For example, if you had 0.5 all it’s saying is that through the expectancy formula and normalisation factor what it’s telling you is that each trade is making you 0.5% profit.
Here’s a very quick tip for you, something to think about. If you want to increase that number you need to reduce the loss factor. This is why every single trade you take, the most important thing I keep stressing to traders, is to keep managing and focusing on the risk because the up-side will always look after itself. When you do that, when your average loss is minimal, that expectancy number really starts shooting up.
So these are the three things you can look at for improving and optimising your systems to see how well your strategy is doing. First is reliability, second is average win to loss ratio, and third is expectancy.
Do look at these stats, read up on them, or even post a comment or email us your questions if you have any challenges in knowing how to come up with these figures. We have trade log journals that measures this with all the formulas in our Traders Essentials Kit.
I believe this has been very useful for you to analyse your stats and analyse your strategy performance so that you know how and where you’re going wrong and how to optimize your strategy to push that equity curve into positive territory. That’s the end.
So give us your comments, give us your feedback and keep in touch. Until the next time, as we always say, stay disciplined, follow your plan and Trade Like a Master.
How to Trade Camerilla Pivot Points with Live Trade exampleHow to Trade Camerilla Pivot Points with Live Trade example
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision.
Nifty live trading videoAs i had already explained on last Friday Youtube video. We will see a fall/selling/profit booking on Monday (13-Feb-2023) and after that we will again see a bullish movement up-to 18100 (next supply zone).
Means 2-3 day Nifty will be bullish and price will try to reach up-to supply zone.
Wedge Pattern in BankniftyWedge Pattern in Banknifty
Be aware
After Proper breakout you should take proper trade
Still there is chance to Uptrend
When you think that its a probability to uptrend then sit tight and wait for the proper entry
This is a mental setup in the world
no body teach you how to release Stress after taking a wrong entry
PCR 0.68
If you think its down then do your favorable entry after proper tradesetup