notes.txt

V and Inverse V are formed by looking at the Highs and Lows

Engulfings are formed when Open and Close of Current candle are covering COMPLETELY the High to Low of previous

Look for Bullish (V, Bullish Engulfing) pattern at the END of DOWNWARD Trend (Short DOWNWARD Trend When the overall trend is upward, it'll give benefit) as market might go up


Look for Bearish; (Inverted V, Bearish Engulfing pattern) at the END of Upward Trend (Short Upward Trend When the overall trend is down, it'll give benefit) as market might go down


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Take every Opportunity (IFF satisfying risk, budget and breakout conditions) mostly COUNTER RETAILER Trades :->

Check for a Sideway Zone i.e Atleast 2 Support and 2 Resistance tests with max 1 candle breaking the zone.


If not a sideways zone, then look for 2+ either support or Resistance line. For example Overall growth is in upward trend and you find a resistance line with 2+ attempts, the moment it breaks that line, go long (buy).

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1. 11 - 15 Stocks
2. Min 8% to Max 20% per share
3. Sectoral {Get the NIFTY- {Sector} file and check whhere you can buy. Which Sectors are eligible)
4. Trade With Nifty Only 50 > 100 > 200 > 500
5. Rising 44 + Profit Making Companies + Loss debt
6. Total risk should be enough to be handled for 15 successive such losses
7. Weekly AND Daily Moving 44 in uptrend only
8. Buy multiple in the same Trend. Pyramiding + 2:1 will collectively give you the overall profit. (4*2) profit (6*1) loss with additional benifit of pyramiding == overall profit
9. Buying candle should not be too big


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1. If there's a Red Below MA + Doji after that and a Green candle above, you can think of buying
2. Look for Big Green / Red on the Average line or support line as a good indicator

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Do not buy when Stock is near the upper band of a channel as it is over extended already.

TRIX and Stochastic RSI tend to support shorter time frame better

Oscillators works best for Choppy or range bound market. So is ADX is less than 25, you might want to trade on oscillators else use them as a tool to get extra confirmation signals. Using patterns with Oscillators is better.