Month end - monthly candle closing.

Studying monthly charts can help u to see overall structure.

Approach from higher timeframe to lower for analysis.

monthly--> weekly --> daily --> hourly

Don't go below hourly if you are Positional trader.

What i observe while watching monthly.

1. Highest monthly close stocks
2. Inside bar stocks near crucial levels (support/resistance/52 week high/ATH)
3. Outside bar stocks near crucial levels.
I keep those stocks on radar and be ready with my plans.

1. If highest monthly close then i will only look for bullish trades in tht stock. (Entry can be on pullback/breakout depends on conviction)

2. If IB on monthly then wait for trigger (near 52 WH/ATH then long only prefer)
3. If outside bar on monthly candle then wait for break of high/low and take trade in that direction (here also if OB is near 52 WH/ATH then long side trade only preferred).
This process helps me to filter out good stocks for next series & be ready with the plan.

I trade only highly liquid top 15-17 scrips of market.

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There's a heavy air of Pallywood around the whole thing as well. If the Palestinians can stage huge theatrical performances of victimhood with the willing cooperation of Western media, why shouldn't the migrant caravan organizers expect the same?

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