Wavozen

Wavozen

Trade Thesis a) Triangle breakout possible b) vwap breakout possible c) weekly breakout possible d) monthly breakout possible e) fib dual confluence level re tested and may move up prior to feb budget, as there is possibility of pre-budget rally in fertilizers stocks. f) SL compulsory Trading mindset requirements a) Trade the plan and not the emotions b) focus on...

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Trade thesis 1. Technical Analysis a) Pole and flag set up b) Volume spurt c) Good engulfing candle d) vwap breakout e) Long above 1033 confirmation of long after 15 min candle close f) SL compulsory g) Fib fan providing support for long 2. Risk Analysis and management a) Personal risk tolerance level (PRL): Identify the personal comfortable risk based on dollar...

Wavozen Updated 

Trade Thesis 1. Technical Analysis a) Breakout pull back set up b) Breakout from consolidation range of 3 months c) vwap support d) Channel support e) Weekly breakout possible 2. Risk Management a) Personal risk tolerance level (PRL): Identify the personal comfortable risk based on dollar amount of total capital or on unemotional induction point. b) The PRL...

Wavozen

Trade thesis 1. Trading opportunity: Currently, the price is in the zone of contraction, whenever the price leaves 23800 ti 23500 forms the trading opportunities as presented in chart. 2. The current forecast is the mirror image of 19th Dec; because 19 Dec and 7 Jan looks 30 min tight range and its probable expulsion from range is possible similar to 20 Dec....

Wavozen Updated 

Trade Thesis 1. Technical Analysis a) Consolidation breakout and pull back set up. b) entry valid only, if 5 min candle closes above 1082. c) Triangle breakout possible d) vwap breakout pull back zone e) high volume spike zone f) SL compulsory 2. Risk Analysis and management a) Personal risk tolerance level (PRL): Identify the personal comfortable risk based on...

Wavozen Updated 

Trade Thesis a) Open = Low Set up b) weekly breakout c) Monthly breakout d) mini pole and flag breakout e) Vwap breakout f) POC breakout g) SL compulsory Duration : 2 months Risk not more than 1% of capital Trading mindset requirements a) You cannot be wrong all the time. b) Acceptance is the first criteria to become successful trader. c) Focus on process...

Wavozen Updated 

Trade Thesis a) Pole and flag set up b) HSP Set up c) Monthly breakout d) Weekly breakout e) SL Compulsory Trading mindset requirements a) It’s NOT that winning traders formulate better trading strategies. b)It’s NOT that winning traders are smarter. c) It’s NOT that winning traders do better market analysis. d)The few traders who do consistently win the game...

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Trade Thesis a) Trendline breakout b) Weekly Mr.14 set up c) Bullish kicker set up d) W formation in progress e) Fib level support as pull back f) SL compulsory Trading mindset requirements a) Be patient until the set up arrives for entry b) Mindfulness medication helps focusing on breath helps to develop greater tolerance for waiting and uncertainty. c) Embrace...

Wavozen Updated 

Trade Thesis a) Bear flag formation set up b) Global market is negative c) Mini m formation d) Price near monthly low e) Good risk reward zone f) SL compulsory g) duration : 1 or 2 days only Trading mindset requirements a) Focus on process and not on outcome of the single trade b) Life is like a radio. All the stations are playing simultaneously; it’s simply a...

Wavozen Updated 

Trade Thesis a) Triangle breakout possibility above 1817 b) vwap breakout above 1817 c) Breakout pull back set up d) Weekly breakout above 1817 e) W formation in development g) Entry point may take time as possibility on consolidation between 1780 to 1817 for another 2 days of time. h) SL compulsory i) Started OI decrease and price increase (Short covering) and...

Wavozen Updated 

Trade Thesis 1. Technical Analysis a) Consolidation breakout b) Breakout pull back set up c) vwap breakout d) SL compulsory e) Lower high formation evident f) Positive volume accumulation 2. Fundamental Analysis a) Consistently increasing sales volume b) Consistent OPM % greater than 10 c) consistently increasing reserves d) Positive cash flow e) Promotor holding...

Wavozen

Trade Thesis 1. Technical Analysis a) Triangle breakout b) Weekly breakout c) Monthly breakout d) Consolidation breakout e) vwap breakout f) Positive volume spurt g) TST Set up 2. Risk Analysis and Management a) Personal risk tolerance level (PRL): Identify the personal comfortable risk based on dollar amount of total capital or on unemotional induction...

Wavozen

1. Technical Analysis a) Triangle breakout b) Weekly Mr.14 Set up c) Lower high formation evident d) Positive volume accumulation e) Consolidation breakout f) Consumption section breakout support g) vwap breakout h) weekly breakout i) monthly breakout j) SL compulsory 2. Fundamental Analysis a) Market leader in edible oil sector b) Consistent sales growth c)...

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Trade thesis a) Consolidation breakout b) Weekly breakout c) Bullish kicker set up in daily time frame d) Volume spurt e) Long entry: Above 240 level, but any significant gap up or down invalidate the entry criteria. Trading mindset requirements The seven Nobel characteristics of winning mindset professionals are 1) winning is not a matter of chance, but a ...

Wavozen Updated 

Trade Thesis a) Pole and flag set up b) Channel breakout c) Two day breakout d) SL compulsory e) Long above 6934 otherwise skip the trade f) vwap breakout point is above 6934 level g)Duration 10 days only Trading mindset requirements a) 1% Rule: Maintain 1% of risk on each trade to minimize the emotions b) Dont trade emotion, trade your plan and plan the...

Wavozen Updated 

Trade Thesis a) TST Set up b) Pull back entry criteria c) Fib retracement level may provide support for long d) vwap breakout and support above 11000 e) SL compulsory f) Trade duration 5 days Trading mindset requirements a) A cceptance is the key standard criteria for successful trader b) Focus on process and not on outcome c) Afraid of failure is the big...

Wavozen

Trade Thesis a) Triangle breakout b) Open = Low set up c) Weekly breakout possible d) Channel support e) Short term 5 month high support h) Breakout pull back set up i) SL compulsory Trading mindset requirements a) You can accomplish great things only, when you accept that winning is a conscious choice and your capability and transformation starts to be an...

Wavozen

Trade Thesis a) Triangle breakout possibility b) consolidation breakout c) Weekly breakout possibility d) Monthly breakout possibility e) vwap breakout f) channel support g) Nifty 50 stock has good chance of upside potential h) Strong fundas and positive Q3 results Trading mindset requirements a) Focus on process and not on outcome of the single trade b) Life...