There is a sudden outbreak of #Conjunctivitis in a few parts of India.
Few things to keep in mind 👉-
A thread 🧵
+++++ 1. Conjunctivitis (pink eye) is contagious.
It's an inflammation of the conjunctiva, the clear membrane that lines your eyelid & covers the white part of your eye.

1/5...

Want to be a full-time trader?
It seems coolest thing, no office, no boss, u can work from anywhere, isn't it?
But wait..
Here is a stringent checklist for u-
If u satisfy all the criteria then only think of #trading as a full time career.

#MegaThread
+++ 1. #MentalFitness -
Yes, I kept it at top because it's all about controlling your emotions.
Then comes the trading system which you will gradually build for yourself.

Trading is about finding what works for you and sticking to it no matter what.

++

#Banknifty #Nifty weekly analysis #Thread

Banknifty broken rising wedge pattern on downside & trading below it.

Till it's below the trendline (chart attached below), it can remain weak
But HDFC Bank's results may change d game
tradingview.com/x/V1NyrtzT/

1/n.. This chart will help to indentify long entry.
If this trendline gets broken on upside (38500/38550) then long entry can b intiated.
Also this can b SL for short.

2/n...

There r phases of impulsive & corrective moves in d market -

#Impulsive move -
Good for directional trades & option buyers or debit spreads

#Corrective moves -
Good for non-directional players & option sellers

I'm more of a directional player as -

1/n.. 1. It gives good trending move in short span of time.
2. If we enter at proper area, SL is small.
3. If I take a debit spread & even if my view goes wrong, then I can adjust (by converting it to ratio etc) & can reduce d loss.

2/n...

#Thread on -
How I enter #Breakout stocks -

1/n... 1. If I spot d BREAKOUT just before it happens then I may enter at once.

2. If I find BREAKOUT candle too large then I enter in tranches.
30% on BREAKOUT
30% on retesting
30% near SL

To reduce my cost of buying.

2/n..

#Banknifty
Last kiss of trendline

Don't trade based on this.
Sharing only for learning purpose. 100 points up from there.
Small scalping done ✅

#nifty
#banknifty
Though it looks like rising wedge, it can break on either side.
Let's see. #Nifty supported by hidden bullish divergence.

#Nifty
#Banknifty

Weekly analysis Short video posted.
(Link at bottom).
Recorded on mobile without cuts n editing (time constraints), so please ignore if there r some errors.

Focus on content 😃

#nifty
#banknifty
Important levels.

Don't trade based on this.
Sharing only for learning purpose.