The best swing trading setup:
• Find stocks rising 30%+ in one mo.
• Wait for the price to pull towards 20/50D EMA
• Look for a tight base forming over these EMAs
• Enter on candle breaking this base with vol.> 20D avg. vol.
SL goes LOD of PDL. Target 3-5R
#swingtrading
21 short pieces of trading advice:
1. Your job is not to find reasons to buy. Look for reasons NOT to buy. The fewer flaws you accept, the fewer mediocre trades enter your portfolio.
@AmolCho06422518 Tbh I think markets & govt. know that India will somehow diplomatically & via backdoor will get itself exempted from this.
All the bad news has been priced in now.
23,600. Pay attention to this level next week.
A decisive break & holding of price above it will initiate a short-term aggressive bullish rally
#nifty
I analysed the performance of the Nifty 50 across key time horizons following the first US Fed rate hike in each major rate-hiking cycle.
Will Nifty cross 26,000 by year end or test 22,000?
Biggest winner: SBI.
Why because ~1 in 4 UPI accounts sit with SBI, so it could pocket ~₹3,000 cr/year alone. HDFC Bank, ICICI, Axis share smaller slices.
I'll be looking at SBI for the next few days.
#upi#mdr#banks
That fee splits 3 ways every time: your bank, the bank running your payment app, and the shop's bank. Your bank usually gets the biggest cut.
Add it up nationwide: banks could earn ~₹22,000 crore a year once this scales. First real UPI income for banks since 2020.
You pay a shop more than ₹2,000 on UPI → shop pays 0.4%, capped at ₹300 to their banks. Under ₹2,000? Free forever. Sending money to friends? Free forever too. You never pay extra.
Banks in India are about to make ₹22,000 crore a year
Starting Oct 15, banks in India get a new way to make money from UPI MDR
Here's how it works & who wins 🧵👇
The Act is Congress trying to write that rulebook.
It would basically say: “Coins that work like a commodity (think Bitcoin) get regulated by the CFTC, coins that work more like an investment contract get regulated by the SEC”
Crypto Clarity Act Simplified
Imagine crypto in the US right now is like a sport with no official rulebook & two different referees the SEC and the CFTC.
Both claim they’re in charge, and they disagree on the rules, so companies never really know what’s legal.
22,000 is an important level for Nifty.
A breach of this support will take multi month/year for Nifty to resume its bullish rally
Hoping for a strong reversal from the 23,000 level
#nifty
22,000 is an important level for Nifty.
A breach of this support will take multi month/year for Nifty to resume its bullish rally
Hoping for a strong reversal from the 23,000 level
#nifty
@SimpleAditya_9 Any trader who don't follow risk management & position sizing principles will always face the pain. If you are disciplined enough, all leverages are boon for you