Nifty Weekly

The Chart says it all & the support coincides with the previous Daily chart

NIFTY Daily

I see correction ahead, look at the shooting star (price rejection at Top) and I anticipate correction till 5600 levels (marked areas). How to make trading decision on this? Go figure

Trading Plan–Essentials

As the adage goes “ Plan your Trades & Trade your Plans”


Trading Plan is essentially your Business Plan but, the constituents are different from traditional biz-plan. So, lets have an quick look at what should you consider for coming up with your Trading Plan & as usual, we will try to keep it simple.
It is all about 3M’s, YOUR Money, YOUR Method and finally YOUR Mindset

Price Action Trading - Webinar

Planning to attend this webinar at 8:30pm IST today.

Speaker is Brian Hoffman & sponsored by Ninja Trader. Registration link below

https://ninjatrader.omnovia.com/register/78331348154742

Rules of Engagement

As usual, we will try to keep the rules simple. But, before we define the rules for ourselves lets try to understand the overall rules of the game.

This is the only game where you play against yourself,
you decide when the bout ends and, whether you WIN or LOSE
OR you can play till death (of your investment account).
Rest assured, you will be the only one who will get butchered if you decide to play till end.
You Win Some, You Lose Some. Key is to ride your winners and cut your losses.
Hope you understand so, lets get back to the rules.

Tools of the Trade

What are the tools that is needed for day to day operations for this initiative that will give individual investor/trader an edge ?

Market Cycle

Any guess on where do you think the Indian Markets NIFTY can be mapped against the below Market Cycle?

Any case, will try to use only this people sentiment indicator?!?!?! to make my investment decisions.

Journey Begins :-)

ॐ गणेशाय नमः

वक्रतुण्ड महाकाय सुर्यकोति समप्रभ
निर्विघ्न कुरु मे देवा सर्व कार्येषु सर्वदा