#tatapower complex head and shoulders pattern, can breakout. SL will be tight.
#nifty #SwingTrading

More from Logical Trader
ICICI bank, the juggernaut continues. Picked it up around 680, now 800. https://t.co/eZLWVR8BVO
#ICICIBank chart update. One sided rally last few weeks.

ICICI Bank#ICICIBANK
— Shreenidhi P (@nid_rockz) July 23, 2022
Good performance continues yet again
Strong Q1FY23
PPOP\u2b06\ufe0f19% at 10273cr
NII\u2b06\ufe0f21%
PAT\u2b06\ufe0f50% at 6905cr
CASA 48.5%
Domestic loan pf\u2b06\ufe0f22%
GNPA 3.4% vs 3.6% QoQ
NNPA at 0.7% vs 0.76% QoQ
PCR 79.6%
Consolidated:
PAT 7384cr vs 4763cr
Q4 PAT at 7719cr pic.twitter.com/37CANjYsMH
#ICICIBank chart update. One sided rally last few weeks.

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There are many strategies in market 📉and it's possible to get monthly 4% return consistently if you master 💪in one strategy .
One of those strategies which I like is Iron Fly✈️
Few important points on Iron fly stategy
This is fixed loss🔴 defined stategy ,so you are aware of your losses . You know your risk ⚠️and breakeven points to exit the positions.
Risk is defined , so at psychological🧠 level you are at peace🙋♀️
How to implement
1. Should be done on Tuesday or Wednesday for next week expiry after 1-2 pm
2. Take view of the market ,looking at daily chart
3. Then do weekly iron fly.
4. No need to hold this till expiry day .
5.Exit it one day before expiry or when you see more than 2% within the week.
5. High vix is preferred for iron fly
6. Can be executed with less capital of 3-5 lakhs .
https://t.co/MYDgWkjYo8 have R:2R so over all it should be good.
8. If you are able to get 6% return monthly ,it means close to 100% return on your capital per annum.
One of those strategies which I like is Iron Fly✈️
Few important points on Iron fly stategy
This is fixed loss🔴 defined stategy ,so you are aware of your losses . You know your risk ⚠️and breakeven points to exit the positions.
Risk is defined , so at psychological🧠 level you are at peace🙋♀️
How to implement
1. Should be done on Tuesday or Wednesday for next week expiry after 1-2 pm
2. Take view of the market ,looking at daily chart
3. Then do weekly iron fly.
4. No need to hold this till expiry day .
5.Exit it one day before expiry or when you see more than 2% within the week.
5. High vix is preferred for iron fly
6. Can be executed with less capital of 3-5 lakhs .
https://t.co/MYDgWkjYo8 have R:2R so over all it should be good.
8. If you are able to get 6% return monthly ,it means close to 100% return on your capital per annum.