Markets thrive on battles—bulls vs. bears, Zelensky vs. Trump—but did we need another one?

NSE vs. BSE.

Recently, NSE announced a major change that has everyone talking: Moving expiry days for derivatives from Thursday to Monday, starting April 4, 2025.

But why is this a big deal? Let’s dive in.🧵 First things first: What are derivatives? 🤔

Derivatives are financial contracts which are a bet on an underlying asset like stocks, bonds, or indices. They allow traders to bet on future price movements without owning the asset.

You’ve probably heard of futures and options.

Futures are a promise—say, “I’ll buy Nifty at 24,000 next week.” Options are a choice—you can buy at 24,000, but you don’t have to.

They’re tools for hedging or speculating .

In 2018, I used to watch @WeekendInvestng 's charts and think, "How does he always know which lines to draw where?"

It looked simple. But I quickly realized that it was only because the right indicators and trend lines were already in place.

Then I opened a fresh chart on TradingView,

... and ummm I didn't know where to begin 😅

It was overwhelming at first. But over time, I figured out a few things that helped turn my confusion into clarity.

Here are the 5 things I started doing: 🧵 1/ Lets start simple - Support & Resistance

Where does the price seem to reverse or stall over and over again?

- Support is the level where the price tends to find a "floor" and doesn't go below.

- Resistance is the level where the price faces a "ceiling" and can't break above easily.

Start by drawing horizontal lines where prices are often hitting the same spot and stopping at these levels.

You’ll be surprised at how often price reacts to these levels.