@VCPSwing Selling pressure is high. Let's see if this outperforms. MFI is also in choppy zone, so no clear cut direction confirmed. This box breakout is crucial.
#PaisaloDigital
When stocks gap up, either
1. They continue
2. They fall badly
3. They fall & consolidate.
For this setup, it looks consolidation. Either way, not good entry inside this box, let the price play out & decide whether to enter or not.
No tips. Do your DD.
@AstroSharmistha Past leaks don't excuse present failures. Asking for accountability from the Govt/Ministry of Education for 24L+ NEET students is democracy. Bad actors do exploit issues, but ignoring real student grief to shield politicians only helps actual agitators.
Avoiding fighting with the market & trying to find good setups that worked earlier, now pulling back.
But the benchmark is saying different story.
I am staying away from opening new positions & preserve my capital than anticipating against the benchmark.
Instead updating my WL.
@YuvrajShah02 Good analysis. But I will refrain from entering since MFI is following upper bearish trendline. Once it breaks out, entry looks logical. Money is flowing out from the instrument right now.
Being rigid & stubborn to your rules is very important before entering trades, I have made few mistakes recently.
1. Unnecessarily trading intraday stocks.
2. Taking positions at uncomfortable sizes.
3. Being impatient on open positions not moving for days.
Learning to control.
Selective setups are showing strength. Rest are failing the breakouts. Market is showing the value backing.
That's why businesses that have potential of turn-around or turning-around, are sustaining or growing on charts.
@AstroSharmistha Nitin Gadkariji, Nirmala Tai, Dharmendra Pradhan inhone jo desh ki waat lagayi hai, kabile tarif hai. Ek ethanol se jala raha hai, ek mehengai se, aur ek education se. 100 me se 80 beimaan fir bhi mera desh mahan!
@ArindamPramnk Netweb is clearly struggling as per the price structure failures. Only good thing in this is the base from which it has bounced. And hoping that this time it breaks all the previous failures and attains some traction. Better decision would be to wait for RSI breakout confirmation
@ArindamPramnk Netweb is clearly struggling as per the price structure failures. Only good thing in this is the base from which it has bounced. And hoping that this time it breaks all the previous failures and attains some traction. Better decision would be to wait for RSI breakout confirmation
@Karthikoora Yes, playing out well. Looking at volume profile, price action, it is getting clear that buying intent is high for institutions. I guess they might have flushed out weak hands in those two down candles. But volume is relatively less. This may blast upside breaking the resistance.
#GODREJPROPERTIES, at interesting juncture, overall looking great for breakout. The base that was broken previously have been tested twice & today it closed exactly at that point. Stock has just started outperforming the benchmark. No tips.
@ArindamPramnk Silver is bouncing off from the channel. Interesting to see, how it tackles geopolitical pressure. Nonetheless, it is worth entering right now.