#HDFC : My buy zone marked
Analysis at @TradingView:

Terrible breakdown in #HDFC Ltd. Targeting 2170 then 1917

#nifty #markets.

#KOTAKBANK
The harmonics pattern is now active below Point B~ 1782.80
Follow through might be seen towards Point D.

#StocksInFocus

200SMA is Tested today whereas 200dema is at 16690 which is 150pts away from todays close

Post september 2020, 200dema/sma is tested now in feb 2022 n it took 1.5 yrs

200 sma 16788
200dema 16688

Today many sectors tested 200dema/Sma after 1.5 yrs which is "Mean Reversion"

In the last 2 decades #HDFC has fallen below the 200WMA only 4 times. Those have been fantastic opportunities for LT holders.

We are just 10% away from there now

This is not a reco *
Just an observation and a fact.

7 - IT Software Stocks With
Over 500% Returns In The
Last Five Years.

1. Tanla Platform +2608%
2. Mastek +1343%
3. Coforge +969%
4. Tata Elxsi +891%
5. LTI +763%
6. Mindtree +729%
7. Persistent Systems +585%

Discl: Info only.
13-02-2022

How to set Small Stop loss ??

Please👇

1️⃣ If we trade on Monthly chart - stop loss set on weekly lower low

2️⃣ If we trade on Weekly chart than SL on Daily LL

3️⃣ Daily chart - Hourly LL

4️⃣ Hourly chart - 15 minutes LL

5️⃣ 15 minutes chart - 5 minutes LL

The best traders have a trading plan.

But 98.8% of the new traders, don't know how to make one.

I analyzed @niki_poojary's account, to learn how we can create a plan on our own.

Here's the simple 8-step process:🧵

Step 1: Multi-time frame analysis

This is done to:
- Find the structure (HH-HL means bullish, LH-LL means bearish)
- Align trades with the trend on the longer timeframe
- Find important Support/Resistance levels
- Trendlines

She does this to find the direction and levels.

Step 2: Identify Patterns

There are two kinds of patterns:
1. Patterns on the chart. (Eg, symmetrical)
2. Candlestick patterns. (Eg, Bearish Engulfing)

She keeps a track of all these patterns and updates them on @niki_poojary daily.

Trades all these patterns without fail.

Step 3: Option Chain analysis

In isolation, OI data won't work. It depends on the way you analyze it.

If you have a bullish view look for high Change in OI added on the put side. Vice versa for a bearish view.

This is just a confirming tool for the view that you've taken.

Simply knowing the direction doesn't mean that you'll make money.

After these, we need to figure out which options we will sell by managing our risk.

This depends on:
1. Individual's Risk-taking capacity
2. Conviction
3. Desired Return
4. A lot of practice

Dream levels for many Blue Chip #Stocks in US market. Dont miss the opportunity if you want to invest there with a long horizon. Chart self explanatory. #DJIA #Investing #Stockmarket $INDU #Dowjones

At 3PM if price is above current and previous days vwap,
There is more than 60% probability of a gap up. (As per 15 years of data on Nifty)

Same is true for cmp below current and previous vwap.

In last 1 year this probability has gone abv 70%.

If you buy/sell at 3 pm and exit at 10 AM next day.
You will have almost 2 profit factor.

#Prajindustries -- I normally dont get excited when a stock does 8-10x in a year or 2. They tend to go sideways or correct 40-50% of previous move.

Will this stock touch Red & orange lines? (230-190) or lower.

Back test Bharat Forge, BEML & many more stocks

@moneyworks4u_fa

Have explained “Indian Energy Exchange” tat is IEX 👇

Have explained the prospects , the valuation picture & also the risks up 👇

Do have a look 👀

#StockMarket #Nifty

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