Monthly Income Trading Setup ‼️

That can help you generate 3-4% Monthly Income ‼️

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Content:-

✅ What is Setup
✅ The Rules of Setups
✅ Position Sizing & Risk Management
✅ Some Examples of Setup
✅ Summary
What is Setup:-

Setup is a complete price action Support & Resistance based

Any type of indicator is not used in this setup

It's a beginner to advance level setup with a good Risk & Reward Ratio
How to mark a Strong Support Zone

We will try to find a point from where the price is reversed in the "V" Shape Sharply

Like a stock start falling with big red candles after a point its completely "REVERSED"
This is a Strong Reversal Zone

Price reverse from this point in "V" Shape

It mean buyers are too strong in this specific zone so we will mark this as a strong reversal point
Now whenever the price will come at the same point

It will be a high probability that strong buyers will come back & hold this zone

Our entry will be the high of the REVERSAL candle stop loss will Low of that candle
Some Examples:-

#SBIN Example:-

The market is start falling with big red candles & after a hammer candle Reversed in "V" Shape

Whenever it comes back to the same zone it is reversed & we take entry at a high of Reversal Candle & stop loss will be low of reversal candle
The target will be 1:3 if you take a risk of 1000Rs your target should be 3000 Fix not more or less

We will trade in 10 stocks with small qty so you can get the confidence & its very high probability setup

But if our target hit only 4 times we will get good returns
#Maruti Example

The market is start falling with big red candles & after a hammer candle Reversed in "V" Shape

Whenever it comes back to the same zone it is reversed & we take entry at a high of Reversal Candle & stop loss will be low of reversal candle
Please Note:

This is a reversal-based strategy

You can get a good risk-reward ratio because the stop loss will be below of hammer candle & the target should 3 times of stop loss

You can trail your profit after 1:3 is complete & never risk more than 2.5% on one single trade
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Rig Ved 1.36.7

To do a Namaskaar or bow before someone means that you are humble or without pride and ego. This means that we politely bow before you since you are better than me. Pranipaat(प्राणीपात) also means the same that we respect you without any vanity.

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Surrendering False pride is Namaskaar. Even in devotion or bhakti we say the same thing. We want to convey to Ishwar that we have nothing to offer but we leave all our pride and offer you ourselves without any pride in our body. You destroy all our evil karma.

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We bow before you so that you assimilate us and make us that capable. Destruction of our evils and surrender is Namaskaar. Therefore we pray same thing before and after any big rituals.

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तं घे॑मि॒त्था न॑म॒स्विन॒ उप॑ स्व॒राज॑मासते ।
होत्रा॑भिर॒ग्निं मनु॑षः॒ समिं॑धते तिति॒र्वांसो॒ अति॒ स्रिधः॑॥

Translation :

नमस्विनः - To bow.

स्वराजम् - Self illuminating.

तम् - His.

घ ईम् - Yours.

इत्था - This way.

उप - Upaasana.

आसते - To do.

स्त्रिधः - For enemies.

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अति तितिर्वांसः - To defeat fast.

मनुषः - Yajman.

होत्राभिः - In seven numbers.

अग्निम् - Agnidev.

समिन्धते - Illuminated on all sides.

Explanation : Yajmans bow(do Namaskaar) before self illuminating Agnidev by making the offerings of Havi.

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