Bulls of Dalal Street
@BullsDalalI am here to help you simplify your trading journey. Without COMMITMENT you'll never start. Without CONSISTENCY you'll never be able to stay in the game.
That's the case because amateurs are after preserving their win rate & become so obsessed in doing that, they cannot take a L. Even a small loss will make them feel like a bad trading day. Professionals on the other hand have a long-term vision. 1. They trust their system & are…
#BanNifty Update 3. Another support at 52300 & if again, it doesn't sustain, we might see 52000 & 51700 levels respectively.
#BankNifty 52700 done. If it doesn't sustain & falls & closes below it for 15 minutes. we might see another 200-250 point downmove.
#BankNifty 52700 done. If it doesn't sustain & falls & closes below it for 15 minutes. we might see another 200-250 point downmove.
#BankNifty A breakdown & a close below 53300 finally. We might see a move of 200-300 points on the downside. Next support at 52900-52950. S2 at 52700. If it goes upwards & reclaims 53600 levels, we might see more upsides.
#BankNifty A breakdown & a close below 53300 finally. We might see a move of 200-300 points on the downside. Next support at 52900-52950. S2 at 52700. If it goes upwards & reclaims 53600 levels, we might see more upsides.
#BankNifty Tested the TL yet again today but failed to break above that & fell back down. 54300 an important level to watch out for tomorrow.
#Nifty No directional move yet but we're at the lower end of the range, 24480-24500 levels. It has to trade below this level for more fall. Entire week has been very quiet. Can we expect directional move tomorrow? Let's see.
#Nifty The TL broke but it never moved. Another day of consolidation & we're yet to see directional move. 24700 is acting as a minor R for now. The support remains as is. Bearish only below 24460-24480.
Nothing is as beautiful as getting into a trade & letting it unfold naturally without making any intervention whatsoever. This is a powerful place to be in because you accept, you're prepared whatever market has to offer.
#BankNifty Tested the TL yet again today but failed to break above that & fell back down. 54300 an important level to watch out for tomorrow.
#BankNifty A downward sloping TL is yet again acting as a R for now and support comes at 53300. If BN breaks the TL and manages to close above 53700, we might see another 150 points move i.e. 53850 level.
#Nifty The TL broke but it never moved. Another day of consolidation & we're yet to see directional move. 24700 is acting as a minor R for now. The support remains as is. Bearish only below 24460-24480.
#Nifty Levels working nicely. A downward sloping TL is acting as a R and a break above that will ensure 24800 level. Bearishness only below 24450.
Trade what you know and know what you trade. Doing something you aren't aware about means you're solely relying on luck. But luck finds you only if you're prepared & have done the hard work. Keep things simple. Understand risk, respect risk, be-friend risk.
#BankNifty A downward sloping TL is yet again acting as a R for now and support comes at 53300. If BN breaks the TL and manages to close above 53700, we might see another 150 points move i.e. 53850 level.
#Nifty Levels working nicely. A downward sloping TL is acting as a R and a break above that will ensure 24800 level. Bearishness only below 24450.
#BankNifty Clean PA & levels are respected nicely here as well. Nearest S at 53300-53350 & Resistance is at 53825-53850, a 500-point range. A recent swing high at around 53725 might act as a minor Resistance.
#Nifty is respecting the levels nicely. It's been consolidating since a couple of days. There is support at 24540-24560 and another support at 24490-24500. If is manages and sustains below 24475, we might see 24330. Small Resistance is around 24700 & if it breaks that, we might…
#Gokex Another BO attempt and closed above the resistance (Orange line). Might be a valid BO as there was a fake BO previously, Such trades works out nicely when there was a shakeout previously but there is a confirmed BO this time. #Nifty #StockMarketIndia
Don't trade basis anticipation. Trade what you see on charts & then anticipate.
#Nifty took a definite support at the rising channel pattern in W TF. We might not see a downfall in Nifty. Resistance levels are 24325-24350 R2 24500 Support at 24150.
Traders lose/struggle majorly because they try to trade non-tradeable markets. Trader's biggest challenge is to do "nothing". That's where the deal breaker is.
If you've struggling right now as a trader, learn to pause, self-respect & find the problem. If you lose belief, confidence, will & if you always victimize yourself & get panic, you're not learning the lesson, you're not allowing yourself to learn from your own mistakes.
I QUIT TRADING. No, I'm not quitting because I'm losing. No, I'm not quitting because I'm hopeless. No I'm not quitting because I haven't found the edge. I'm quitting because I'm out of funds. Yes, you cannot trade with borrowed money. You cannot trade with the capital you're…
The rules I built a 41-year career and a personal fortune on. 1. always use a stop loss 2. define your stop before you enter a trade 3. never risk more than you expect to gain 4. nail down decent profits 5. never let a good size gain turn into a loss 6. never average down 7.…
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