please analyze the marked levels before investing.
CNX MIDCAP/NIFTY50 in a clear uptrend relative to NIFTY. Fib levels indicated in chart
This is what can happen in the MId Cap Index.. Just for educational purposes.
The MIDCAP 100 Index has touched a decade old trendline, in the past 3 instances since 2008 whenever this trendline is touched the index has gone for a long and sharp correction. It would be ideal to book some profits and wait for correction to deploy capital later.
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
Midcap index is making a shift towards upward trend. Stocks have to be watch for buy setups.
Last Friday when market corrected big time, Mid Cap Index was relatively stable and outperformed the Nifty....This out-performance may become the norm going forward
Query : How to over come losses and become a profitable trader? Answer : This is Part 5. If you are new, refer Part 1, 2 , 3 & 4 for better understanding. Step 10 : Develop an unbiased mindset. Why it is important? Let’s see how biases affect Person A’s trades. Example 1 : Confirmation bias. This happens when we believe what we want to see instead of the...
In this video, I have shared my views on various sector indexes and how they have performed against Nifty in the last few years and how they can shape up over the next couple of years.
In this Video, I have tried to share how a bear market in Dollar between 2002 to 2007 led to a huge rally in Commodities and EMs and how we expect the same bear market in DXY to repeat in coming couple of years and as a result the rally in EMs and Commodities may Continue. So, basically an overall perspective on some important inter-linked markets.
Query : How to over come losses and become a profitable trader? Answer : This is Part 4. If you are new, refer Part 1, 2 & 3 for better understanding. Step 9 : In the earlier stage of trading, every trader goes to the “victim state” of mindset often. Try to bring your mind out of it soon. What is the victim state of mindset? Example : Person A feels powerless...
Query : How to over come losses and become a profitable trader? Answer : This is Part 3. I have attached the links for Part 1 & 2. If you are new, read those and then continue Part 3. Step 6 : Develop self awareness. Knowing what type of trading suits you give an edge in trading. Example Swing trade Intraday trade Momentum trade Break out trade Once you start...
Query : How to over come losses and become a profitable trader? Answer can be written as a book. So I am posting it in parts. This is part 1. I have the link of part one below in case you missed it. Step 5 : Understand why you hesitate or unable to make any change related to your trading habits. Example : Person A knows he is gambling, but continue to do that. His...
Query : How to over come losses and become a profitable trader? Answer can be written as a book. So I am posting it in parts. Trading is a journey like life. You have to learn from each and everything happening to you and grow. Like life trading do not have any manual to give instructions about how to handle it. That is why people got struck in trading. Let us say...
NIFTY MIDCAP 100 today hit 3.618 fib extension of the rally from lows. usually a togher resistance to go up considering a non stop rally for october. note: chart jus for reference purpose
INDEX HAS RALLIED FAST AND FURIOUS CONTINUOUSLY FROM 16000 TO 20000 + LEVELS INDEX WILL SEE A 10 TO 15% CORRECTION FROM HERE CMP 20600+ SL 21300 CLOSE ABOVE FOR COUPLE OF DAYS TARGTES 19895/19485/18921/ 18303/17567/17100 NOTE : DISINVESTMENT CHART TIMELY BOOK PROFITS IN MIDCAP STOCKS