MS: 19-05-2026
Index holding nicely after a correction.
Positive feedback from the watchlist, need to see if it is healthy
No setups need to wait for the structures to form.
Market stance 11/05/2026:
Expansion of the watchlist for the structural stocks
EP structures are in making
Market is punishing the premature breakouts of 1 or 2 days.
The pullback in the index is healthy.
If the pullback still continues the leader stocks will make structures
If the price action is choppy or forced, then it will lead to death by thousand cuts whether there was a clean-up move or this applies for both up flags and down flags.
#choppybase
There is only one way to move that is down. Stocks that keep young traders busy. The probability of working of the wedge type structures is very rare, whether they are from the strongest sectors.
#choppybases
Unpopular opinion, but back testing is massively overrated it mainly trains you to recognize idealized patterns in hindsight the nuances of live markets, uncertainty, imperfect conditions, and emotional pressure get neglected those are two very different skills
A similar type of EP flags but more pull back towards the 10 EMA and right side formation will decide whether HSCL can be tradable or not ?
SIYSIL 22/11/2024
vs
HSCL 11/05/2026
#waitandwatch
The Probability of breakdown of Hard pull backs is very high whether you are in strongest sector with the strongest stock.
The price action becomes very loose and wide and takes more time for the setup formation
#Hardpullback
V shape recoveries:
They create FOMO because one could not enter and surely are not the entries when it gives a first pull back on the highs.
They need more mature right-side formation with a proper shake out or pull back setup though we are in the strongest sector
#Tipoftheday