Finance With Sunil
SEBI Registered Research Analyst | Iโm CMT & CFTe by qualification and also a Bestselling Author of “Make Money with Price Action Trading” Book & Founder of Alphamojo, I’m your go-to expert in technical analysis, breakout trading, price action and so on.
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๐๐ญ๐ซ๐จ๐ง๐ ๐๐ฌ๐ญ ๐๐ซ๐๐๐ค๐จ๐ฎ๐ญ ๐๐ญ๐จ๐๐ค๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฒ!๐๐
A Mega Thread!๐๐งต
(Bookmark it)๐ฏ
1-PPLPHARMA
Tweet link- https://tinyurl.com/29ucn5pf
A Mega Thread!๐๐งต
(Bookmark it)๐ฏ
1-PPLPHARMA
Tweet link- https://tinyurl.com/29ucn5pf
EMA vs SMA!๐
๐๐ซ๐ข๐๐ ๐๐๐ญ๐ข๐จ๐ง ๐๐ซ๐๐๐ข๐ง๐ : A Beginner's Guide
Price action trading focuses on analyzing the raw price movement of a market, without relying heavily on indicators. Here's a foundational guide:
1. ๐๐ก๐๐ญ ๐ข๐ฌ ๐๐ซ๐ข๐๐ ๐๐๐ญ๐ข๐จ๐ง?
Price action represents the movement of a security's price over time. It reflects market psychology, buying/selling pressures, and is influenced by market participants' reactions to news, economic events, or technical levels.
2. ๐๐๐ฒ ๐๐จ๐ฆ๐ฉ๐จ๐ง๐๐ง๐ญ๐ฌ ๐จ๐ ๐๐ซ๐ข๐๐ ๐๐๐ญ๐ข๐จ๐ง
Candlesticks/Bar Charts: Understand how to read individual candles (open, close, high, low) and their formations.
Market Structure: Learn about trends (uptrend, downtrend, consolidation) and how they evolve.
Support and Resistance Levels: Identify key horizontal levels where price tends to reverse or consolidate.
Swing Highs and Lows: Use these points to understand the direction of the market.
3. ๐๐ฌ๐ฌ๐๐ง๐ญ๐ข๐๐ฅ ๐๐จ๐จ๐ฅ๐ฌ ๐๐จ๐ซ ๐๐ซ๐ข๐๐ ๐๐๐ญ๐ข๐จ๐ง
Naked Charts: Keep your charts cleanโuse minimal or no indicators.
Time Frames: Use multiple timeframes to get a broader market view (e.g., Daily for trend, 1H or 15M for entries).
Trendlines and Channels: Draw trendlines to track the overall direction or mark ranges.
Volume Profile (Optional): Use this to see where the most trading activity occurs.
4. ๐๐จ๐ฆ๐ฆ๐จ๐ง ๐๐ซ๐ข๐๐ ๐๐๐ญ๐ข๐จ๐ง ๐๐๐ญ๐ญ๐๐ซ๐ง๐ฌ
Candlestick Patterns:
Pin Bar: Indicates rejection of a price level.
Engulfing Candle: Shows a strong reversal signal.
Inside Bar: Represents consolidation and potential breakout.
Chart Patterns:
Head and Shoulders: Signals a reversal.
Double Top/Bottom: Indicates a reversal at key levels.
Flags and Pennants: Suggest continuation of the trend.
5. ๐๐ญ๐๐ฉ๐ฌ ๐ญ๐จ ๐๐ซ๐๐๐ ๐๐ฌ๐ข๐ง๐ ๐๐ซ๐ข๐๐ ๐๐๐ญ๐ข๐จ๐ง
1. Identify the Trend: Use higher timeframes to spot the overall trend.
2. Mark Key Levels: Find support, resistance, supply, and demand zones.
3. Look for Patterns: Wait for price to show a recognizable pattern or setup.
4. Set Risk Parameters: Decide on your stop-loss and position size based on price structure.
5. Enter with Confirmation: Use price action signals like breakouts, retests, or candlestick confirmations.
6. Manage Trades: Trail your stop-loss or take partial profits as price moves in your favor.
6. ๐๐ข๐ฉ๐ฌ ๐๐จ๐ซ ๐๐๐ ๐ข๐ง๐ง๐๐ซ๐ฌ
Stick to One or Two Setups: Master simple setups like pin bars or trendline breaks before adding complexity.
Focus on One Market: Get familiar with the behavior of one currency pair or asset before expanding.
Journal Your Trades: Track every trade to analyze your performance and refine your strategy.
Be Patient: Wait for clear setups, and avoid overtrading.
Avoid Predicting: React to what the market shows instead of guessing its direction.
Let me know if you'd like to dive deeper into any of these points or discuss specific setups!๐
Price action trading focuses on analyzing the raw price movement of a market, without relying heavily on indicators. Here's a foundational guide:
1. ๐๐ก๐๐ญ ๐ข๐ฌ ๐๐ซ๐ข๐๐ ๐๐๐ญ๐ข๐จ๐ง?
Price action represents the movement of a security's price over time. It reflects market psychology, buying/selling pressures, and is influenced by market participants' reactions to news, economic events, or technical levels.
2. ๐๐๐ฒ ๐๐จ๐ฆ๐ฉ๐จ๐ง๐๐ง๐ญ๐ฌ ๐จ๐ ๐๐ซ๐ข๐๐ ๐๐๐ญ๐ข๐จ๐ง
Candlesticks/Bar Charts: Understand how to read individual candles (open, close, high, low) and their formations.
Market Structure: Learn about trends (uptrend, downtrend, consolidation) and how they evolve.
Support and Resistance Levels: Identify key horizontal levels where price tends to reverse or consolidate.
Swing Highs and Lows: Use these points to understand the direction of the market.
3. ๐๐ฌ๐ฌ๐๐ง๐ญ๐ข๐๐ฅ ๐๐จ๐จ๐ฅ๐ฌ ๐๐จ๐ซ ๐๐ซ๐ข๐๐ ๐๐๐ญ๐ข๐จ๐ง
Naked Charts: Keep your charts cleanโuse minimal or no indicators.
Time Frames: Use multiple timeframes to get a broader market view (e.g., Daily for trend, 1H or 15M for entries).
Trendlines and Channels: Draw trendlines to track the overall direction or mark ranges.
Volume Profile (Optional): Use this to see where the most trading activity occurs.
4. ๐๐จ๐ฆ๐ฆ๐จ๐ง ๐๐ซ๐ข๐๐ ๐๐๐ญ๐ข๐จ๐ง ๐๐๐ญ๐ญ๐๐ซ๐ง๐ฌ
Candlestick Patterns:
Pin Bar: Indicates rejection of a price level.
Engulfing Candle: Shows a strong reversal signal.
Inside Bar: Represents consolidation and potential breakout.
Chart Patterns:
Head and Shoulders: Signals a reversal.
Double Top/Bottom: Indicates a reversal at key levels.
Flags and Pennants: Suggest continuation of the trend.
5. ๐๐ญ๐๐ฉ๐ฌ ๐ญ๐จ ๐๐ซ๐๐๐ ๐๐ฌ๐ข๐ง๐ ๐๐ซ๐ข๐๐ ๐๐๐ญ๐ข๐จ๐ง
1. Identify the Trend: Use higher timeframes to spot the overall trend.
2. Mark Key Levels: Find support, resistance, supply, and demand zones.
3. Look for Patterns: Wait for price to show a recognizable pattern or setup.
4. Set Risk Parameters: Decide on your stop-loss and position size based on price structure.
5. Enter with Confirmation: Use price action signals like breakouts, retests, or candlestick confirmations.
6. Manage Trades: Trail your stop-loss or take partial profits as price moves in your favor.
6. ๐๐ข๐ฉ๐ฌ ๐๐จ๐ซ ๐๐๐ ๐ข๐ง๐ง๐๐ซ๐ฌ
Stick to One or Two Setups: Master simple setups like pin bars or trendline breaks before adding complexity.
Focus on One Market: Get familiar with the behavior of one currency pair or asset before expanding.
Journal Your Trades: Track every trade to analyze your performance and refine your strategy.
Be Patient: Wait for clear setups, and avoid overtrading.
Avoid Predicting: React to what the market shows instead of guessing its direction.
Let me know if you'd like to dive deeper into any of these points or discuss specific setups!
Strong Reversal Candidate!๐
LANCER
CMP-32/33
1- Price Hovering to Key Levels
2- Price Hovering to Demand Zone
3- Multi Year Demand zone
4- Good Volume Buildup Seen
Keep on Radar.
Good looking Candidate!๐ฏ
LANCER
CMP-32/33
1- Price Hovering to Key Levels
2- Price Hovering to Demand Zone
3- Multi Year Demand zone
4- Good Volume Buildup Seen
Keep on Radar.
Good looking Candidate!
Breakout Soon Candidate!๐
SYNGENE
1- Hovering below Resistance
2- Volum Buildup Seen
3- Mini Basing Pattern
Keep on Radar.
Potential Upside Stock!๐
SYNGENE
1- Hovering below Resistance
2- Volum Buildup Seen
3- Mini Basing Pattern
Keep on Radar.
Potential Upside Stock!
#ADANIENT Dec Fut Sell 2525 To 2412+ 3rd Target Done ๐
Made High-2535
Lot Size-300
Now Trail At Cost/Book Full Here.
Hare Krishna!๐โค๏ธ
Made High-2535
Lot Size-300
Now Trail At Cost/Book Full Here.
Hare Krishna!๐โค๏ธ
F&O Trade (Dec Series) Stock Name- #ADANIENT Strike - Dec Future Sell 2523-25 Hedge With 2600 Call 125-128 Lot Size-300 SL-2600 (Spot) Target-2500/2480/2450/2400 #Note- Trading into F&O is risky as it relies on momentum. Disclaimer- Iโm SEBI Registeredโฆ
Breakout Soon Candidate!โญ๏ธ
UDS
1- Hovering below Resistance
2- Volume Pop-out Seen
3- Mini Basing Pattern
Keep on Radar.
Potential Upside Stock!๐
UDS
1- Hovering below Resistance
2- Volume Pop-out Seen
3- Mini Basing Pattern
Keep on Radar.
Potential Upside Stock!
483 ๐ 583 โญ๏ธ โญ๏ธ
20% up since posted!
ADANIPOWER
20% up since posted!
ADANIPOWER
Reversal Soon Candidate!
#ADANIPOWER
1- Took support at 50% zoneโ๏ธ
2- Hammer candlestick patter
3- Wave 5 might unfold
Keep on Radar.๐
Potential Upside Stocks!!
#ADANIPOWER
1- Took support at 50% zone
2- Hammer candlestick patter
3- Wave 5 might unfold
Keep on Radar.
Potential Upside Stocks!!
Strong Breakout Candidate!๐
CDSL
1- Rectangle Channel Pattern Breakout
2- Uptrend is still intact
3- Volume Buildup
Keep on Radar.
Good Looking Stock!๐
CDSL
1- Rectangle Channel Pattern Breakout
2- Uptrend is still intact
3- Volume Buildup
Keep on Radar.
Good Looking Stock!
MS on RELIANCE IND!๐
JEFFERIES on ZOMATO!๐ฏ
Market Cues!๐
Stocks To Watch!๐
Hare Krishna, Everyone!๐๐ฟโค๏ธ
Breakout Stock Candidates!
(Bookmark it)๐ฏ
1-SKARURVYSYA
2-EDELWEISS
Breakout Soon Candidates!
1-AGI
2-NAVKARCORP
3-STAR
4-EPIGRAL
5-PITTIENG
6-GANECOS
Reversal Candidates!
1-SBGLP
2-SAURASHCEM
3-BHARATWIRE
4-RPGLIFE
5-INOXWIND
6-COCHINSHIP
7-EXIDEIND
8-LICI
(Bookmark it)๐ฏ
1-SKARURVYSYA
2-EDELWEISS
Breakout Soon Candidates!
1-AGI
2-NAVKARCORP
3-STAR
4-EPIGRAL
5-PITTIENG
6-GANECOS
Reversal Candidates!
1-SBGLP
2-SAURASHCEM
3-BHARATWIRE
4-RPGLIFE
5-INOXWIND
6-COCHINSHIP
7-EXIDEIND
8-LICI
New Sensex 30!๐
๐๐ซ๐๐๐ค๐จ๐ฎ๐ญ ๐๐จ๐จ๐ง & ๐๐ซ๐๐๐ค๐จ๐ฎ๐ญ ๐๐ญ๐จ๐๐ค๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฒ!๐๐
A Mega Thread!๐๐งต
(Bookmark it)๐ฏ
1-KARURVYSYA
Tweet link- https://tinyurl.com/33tvbc3t
A Mega Thread!๐๐งต
(Bookmark it)๐ฏ
1-KARURVYSYA
Tweet link- https://tinyurl.com/33tvbc3t
Swing Trading Strategies!
๐๐ซ๐๐๐ค๐จ๐ฎ๐ญ ๐๐ซ๐๐๐ข๐ง๐ - Buy assets when they break above resistance or sell when they break below support.
๐๐ก๐๐ซ๐ญ ๐๐๐ญ๐ญ๐๐ซ๐ง- Recognition Identify and trade based on recurring chart patterns.
๐๐ฎ๐ฅ๐ฅ๐๐๐๐ค ๐๐ซ๐๐๐ข๐ง๐ - Buy assets when they pull back from a larger uptrend.
Trend Following Identify and trade in the direction of established trends.
Tips for Swing Trading
Develop a Trading Plan-Outline your strategy, risk management rules, and exit criteria.
Choose the Right InstrumentsConsider factors like volatility, liquidity, and your risk tolerance.
Use Technical Analysis- Employ tools like charts, indicators, and patterns to identify trading opportunities.
Practice Risk Management- Set stop-loss orders to limit losses and take-profit orders to secure profits.
Stay Disciplined -Avoid impulsive decisions and stick to your trading plan.
Continuously Learn- Stay updated on market news, trends, and new strategies.
๐๐ซ๐๐๐ค๐จ๐ฎ๐ญ ๐๐ซ๐๐๐ข๐ง๐ - Buy assets when they break above resistance or sell when they break below support.
๐๐ก๐๐ซ๐ญ ๐๐๐ญ๐ญ๐๐ซ๐ง- Recognition Identify and trade based on recurring chart patterns.
๐๐ฎ๐ฅ๐ฅ๐๐๐๐ค ๐๐ซ๐๐๐ข๐ง๐ - Buy assets when they pull back from a larger uptrend.
Trend Following Identify and trade in the direction of established trends.
Tips for Swing Trading
Develop a Trading Plan-Outline your strategy, risk management rules, and exit criteria.
Choose the Right InstrumentsConsider factors like volatility, liquidity, and your risk tolerance.
Use Technical Analysis- Employ tools like charts, indicators, and patterns to identify trading opportunities.
Practice Risk Management- Set stop-loss orders to limit losses and take-profit orders to secure profits.
Stay Disciplined -Avoid impulsive decisions and stick to your trading plan.
Continuously Learn- Stay updated on market news, trends, and new strategies.
ASTERDM!๐
461 To 488 (+6%)๐ผ within 1 day
Momentum at play!๐
461 To 488 (+6%)
Momentum at play!
Related Channels & Groups
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Vijay Thakkarยฎ
Technical Analyst | Trainer | Positional Trader | Price Action Follower Vijaythakkarโข๏ธ
