#nifty topped out on 27th sept
on 30th sept gapped down
so first significant bear entry came there- #monday gap but lets see few stocks where gap happened in either Aug or in 1st week of sept which were easy to catch as a short trade.
#Sail corrected 20% from 30th sept

two big learning out from a hardcore trendrider

1) Never mess with trend
2) Never anticipate reversal unless u get a signals on higher time frame

and most important - In strong trend - never see RSI or divergence especially on upside - u will be butchered.

😎 thats how i used extension to derive bnf target...

classical charting with 0 mix of any indicator and combination of #fibbonaci is deadly. yakeen nhi aata to dekho
#powergrid

61.8% pe doji

trend up
one could have entered early

chalo u missed early move and wanted to catch momentum -- check chart 2
above 61.8% momentum

let me post some 100 #fibbonaci number wonders on long term chart.
Post your chart too with #fibbonaci, make sure chart is clean. this is number 1 in list
#ibrealestate
in 2021 it was one of the hot stock - Infact I was also excited took entry at top despite I was seeing Golden ratio rejection.
what happened next is history.

Can u judge who is the best person of these 3?:
🤔

Mr A - He had friendship with bad politicians, consults astrologers,
Two wives,
Chain smoker,
Drinks eight to 10 times a day..🤨

Mr B - He was kicked out of office twice,
Sleeps till noon,
Chain smoker, Used opium in college &
Drinks whiskey every evening..😟

Mr C - He is a decorated war hero, a vegetarian, doesn't smoke, doesn't drink and never cheated on his wife..😁

Most of young boys who came to me for Job are-
1)Not even Graduate
2) Think for stock market related Job - degree doesn't matter*
3) No communication skill
4) No Financial Backing
5) Highly motivated from social media.
6) Know how to plot Trendline on name of skill. We are seriously rotting down our youth - One through excessive use of CC another by Encouraging a lot to Take Trading as profession( its not bad though but not easy though)
Majority of youth build their initial capital either by taking loan from family or from friends or bank

this tweet might hurt some of my friends but if u want to bring change - better start putting more effort to educate(paid or unpaid ur choice)
Bring a Rating mechanism /feedback mechanism rather than day night trolling.
Focus on building product If you are visionary. However I always say-- If you really want to show that u trade or have make money out of trading to put faith in people that yes trading me paise bante hai--
Login your account in front of people - show them everything...
be it loss or be it profit
PNL shd be a base to put faith

Last week CFA and CMT results came out.
Two of my focussed group member cleared third level.

Youngsters if u want to uplift your career - keep adding these degree and remain focussed.
This is the gateway to real world. Also harsh cleared level 1 and best of luck to him for next 2 levels.

I used to think taking responsibility of others is a good thing.
Learnt and still learning hard way — never take responsibility of others- there are other ways to help people
1) help monetary one time if situation is extremely critical but it has massive risk. 2) more imp is - guiding lifelong, mentoring - those who are doer will sail through any issue.

Also monetary help in easy way makes people extremely weak.

I feel like giving a detailed review about Kotak securities 😀
And about what type of broker you should get associated….

https://twitter.com/KA_charts/status/1580579693673484288

From last 1 year Kotak employees were behind me to do a franchisee business.
I was not ready to shift from MOSL.
But off late I realised now I want to do fresh business only in cash - so when Kotak approached again recently( 2 months back )

☀️☀️☀️☀️☀️☀️☀️☀️☀️
This message is for all of you and very important. Please read and explain this to every member of your family and especially children:-

Fire can start anywhere. In case of fire, there may be delay in getting help to you. Many years ago there was a fire accident in J.P. Hotel Vasant Vihar New Delhi, in which many Indians were killed but not Japanese and Americans. know why? I'll tell you :-

what u will do here?
Long or short? this is #SGX
Better picture of nifty these days are being represented by SGX -- Complete reflection of Global market.

Also
Breakout and Breakdown - comes with fakeout and fakedown these days..

we all can see it but our brain gets so biased during market hour

𝑺𝒉𝒊𝒗𝒂𝒋𝒊

𝑵𝒆𝒗𝒆𝒓 𝒍𝒆𝒂𝒓𝒏𝒕 𝒎𝒖𝒄𝒉 𝒂𝒃𝒐𝒖𝒕 𝑺𝒉𝒊𝒗𝒂𝒋𝒊 𝒊𝒏 𝒉𝒊𝒔𝒕𝒐𝒓𝒚 𝒊𝒏 𝑺𝒄𝒉𝒐𝒐𝒍. 𝑨𝒎𝒂𝒛𝒆𝒅 𝒂𝒕 𝒘𝒉𝒂𝒕 𝒎𝒂𝒏𝒚 𝒕𝒉𝒊𝒏𝒌 𝒐𝒇 𝒉𝒊𝒎: "𝑭𝒓𝒐𝒎 𝑲𝒂𝒃𝒖𝒍 𝒕𝒐 𝑲𝒂𝒏𝒅𝒂𝒉𝒂𝒓 𝒎𝒚 𝑻𝒂𝒊𝒎𝒖𝒓 𝒇𝒂𝒎𝒊𝒍𝒚 𝒄𝒓𝒆𝒂𝒕𝒆𝒅 𝒕𝒉𝒆 𝑴𝒐𝒈𝒖𝒍 𝑺𝒖𝒍𝒕𝒂𝒏𝒂𝒕𝒆. 𝑰𝒓𝒂𝒒, 𝑰𝒓𝒂𝒏,𝑻𝒖𝒓𝒌𝒊𝒔𝒕𝒂𝒏 𝒏𝒅 𝒊𝒏 𝒎𝒂𝒏𝒚 𝒎𝒐𝒓𝒆 𝒄𝒐𝒖𝒏𝒕𝒓𝒊𝒆𝒔 𝒎𝒚 𝒂𝒓𝒎𝒚 𝒅𝒆𝒇𝒆𝒂𝒕𝒆𝒅 𝒇𝒆𝒓𝒐𝒄𝒊𝒐𝒖𝒔 𝒘𝒂𝒓𝒓𝒊𝒐𝒓𝒔.

Move out of your comfort zone

Once upon a time in a faraway land, there lived a wise man and his disciple. One day in their travels, they saw a hut in the distance.

As they approached they realized that it was occupied in spite of its extremely poor appearance. In that desolate place where there were no crops and no trees, a man with his wife, three young children and a thin, tired cow.

Since they were hungry and thirsty, the wise man and his disciple stopped for a few hours and were well received.

shakeout pe shakeout -- aakhir kab tak?
#nifty

Puppies for Sale (Understanding)

A shop owner placed a sign above his door that said:
“Puppies For Sale.” Signs like this always have a way of attracting young children, and to no surprise, a boy saw the sign and approached the owner;

My wife felt exhausted. She was irritable and grumpy, until one day, suddenly, she changed.

One day when I said to her:
"I'm going to have a few beers with friends."
She replied: "Okay."

My son said to her:
"I'm doing poorly in all subjects in college." My wife replied:
" Okay, you will recover, and if you don't, you repeat the semester, but you pay the tuition."

My daughter said to her:
"I smashed the car."

My Wife replied:
"Okay, take it to the car shop & get it fixed."

Worth Reading!

𝑨𝒄𝒕𝒖𝒂𝒍𝒍𝒚, 𝒆𝒗𝒆𝒓𝒚𝒐𝒏𝒆 𝒕𝒉𝒓𝒐𝒖𝒈𝒉𝒐𝒖𝒕 𝒕𝒉𝒆 𝒘𝒐𝒓𝒍𝒅 𝒉𝒂𝒔 𝒌𝒆𝒑𝒕 𝒈𝒊𝒗𝒊𝒏𝒈 𝒕𝒉𝒆 𝒆𝒙𝒂𝒎𝒑𝒍𝒆 𝒐𝒇 𝑻𝒐𝒓𝒕𝒐𝒊𝒔𝒆… 𝑺𝒂𝒚𝒊𝒏𝒈 𝒕𝒉𝒂𝒕 𝒔𝒍𝒐𝒘 𝒂𝒏𝒅 𝒔𝒕𝒆𝒂𝒅𝒚 𝒘𝒊𝒏𝒔 𝒕𝒉𝒆 𝒓𝒂𝒄𝒆 𝒂𝒏𝒅 𝒆𝒎𝒑𝒉𝒂𝒔𝒊𝒛𝒊𝒏𝒈 𝒕𝒉𝒆 𝒗𝒂𝒍𝒖𝒆 𝒐𝒇 𝒑𝒆𝒓𝒔𝒊𝒔𝒕𝒆𝒏𝒄𝒆 𝒂𝒏𝒅 𝒅𝒆𝒅𝒊𝒄𝒂𝒕𝒊𝒐𝒏.

I have been saying this again and again in my group and will write again today

After seeing my little success some of my friends or some believer in me ask -
What are the qualities/ traits one should develop to be a great trader or investor ? Whenever someone ask me this - best answer I could give is - reading out Mark sellers letter to them -

The way I see it there are at least 7 traits great investors/traders share that are true sources of advantage because they can’t be learned once a person reaches adulthood

there r many ways to look charts.
Short term
very short term
long term and very long term.

like if I see this short term chart which is 75 min chart.
I can say after a correction price started upward journey and gave a breakout...
#75min charting
#veryshortterm this short term chart i.e daily chart says -- stock just came out of correction mode and ready for new upmove.

Is money just a medium of exchange, or is it something much more than that?

A thread ~ You might have heard this quote that "Money can buy you things, but it can't buy you happiness".

Or "Money is not important".

Well, If you also believe in the above quotes that chances are you are broke and you'll stay broke forever.