A reversal 📉📈is when the direction of a price trend has changed, from going up to going down, or vice-versa.

Trend Reversal occurs in the market when the price of the stock 📊changes its direction .
1/5 Some important key 🔑points which needs to be kept in mind to find trend reversal.

Reversals often occur in intraday trading, but they also occur over days, weeks, and years. Reversals occur in different time frames which are relevant to different traders.
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LIC IPO Review , few details about upcoming LIC IPO

Life Insurance Corporation of India is an Indian statutory insurance and investment corporation

LIC is the only Public sector Life Insurer

LIC sells nearly 75% policies of all individual policies sold in India
(1/4) LIC has major stake in Insurance Industry.

LIC will launch its initial public offering on May 4 and the policy close date is 9th May

Issue size of IPO will be 21000 CR

Minimum Investment is RS 14235

10% is reserved for Policy holders

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A thread on Price Action Trading📊📈📉

Some important concepts of DOW Theory :-

Dow Theory named after Charles Dow who is considered Father of Technical Analysis is a financial theory founded on a set of ideas derived from Charles H. Dow's editorials

(1/13) He was not the author of any book , but his followers published 📚his work based on his theory.
It fundamentally states that a significant shift between bear and bull sentiment in a stock market will occur when multiple indices confirm it.

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As the financial year ended, we could see lots of FY performances on the Twitter timeline generating more than 500%+ returns, good to see people are generating good returns.
My annual performance for this FY is 130% 🎉returns.
(1/1) My biggest achievement🙌 is I didn’t have a drawdown⭕️ of more than 2.5% for a week. I was consistently profitable and in green 🧩in the last 12 months.
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There are many strategies in market 📉and it's possible to get monthly 4% return consistently if you master 💪in one strategy .
One of those strategies which I like is Iron Fly✈️

Few important points on Iron fly stategy This is fixed loss🔴 defined stategy ,so you are aware of your losses . You know your risk ⚠️and breakeven points to exit the positions.
Risk is defined , so at psychological🧠 level you are at peace🙋‍♀️

Most common question I get on twitter is how you manage Job📇 and Trading 📊
I have tried to answer with below thread,hope it motivates few to manage important things in life. 1. I love my Job and stock market is my hobby
2. I have 2 phones and on my main phone I don't have any social media app except office email ,other phone is for using WhatsApp and Twitter which I use for dedicated time and most of the time kept away.