5 TICKS Formula for SUCCESS IN STOCK MARKETS

LEARNINGS FROM MISTAKES....

May be there won't be an end to committing mistakes in markets so long one trade...

FEW QUOTES TO OBSERVE : 

VENI VICI VIDI  in Latin phrase "I came, I saw I conquered"  first used and & popularised by Julius Caesar 

The King of Macedonia " Alexander the Great" said

"There is nothing impossible to him who will try".

"I am indebted to my father for living, but to my teacher for living well".

Here one can observe that both the cases display the valour, the commitment with courage and determination to achieve along with attributing respect to persons contributed to their achievements.

Trading is no less than a war, many times one may lose some deals but ultimately what matters is SUCCESS and the money taken home.

Now the effort is to document everyday trade process and the learnings.

For more than 4 weeks, trying to list out the approach strategies for betterment, taking insights from the mistake.

During the process, developed 5 TICKS Formula for SUCCESS IN STOCK MARKETS

1. TRADE LIKE AN OPERATOR ✔

2 INITIATE POSITIONS LIKE A PROFESSIONAL 👌

3 COVER POSITIONS LIKE AN EXPERT 👍

4 KNOCK THE SCRIP (COUNTER) LIKE A CHAMPION 🎆

5 STUDY THE SCRIP LIKE A GENIUS💕

INDIAN MARKETS -WEEKLY UPDATE:05-08-19 TO 09-08-19

WEEKLY UPDATE:05-08-19 TO 09-08-19

thanks to Chart ink- 3 yrs weekly chart

Indian indices first time after 3rd June NIFTY Top @  12103+

THEN THERE WAS A CLEAR NEGATIVE DIVERGENCE ON WEEKLY CHART ADDED WEIGHT ON THE DOWNSIDE TO TOUCH A LOW OF 10783 DURING THIS WEEK.

Now the positive sign is that the white candle has covered more than 80% of previous week range

Previous week Fall (Red candle) was 11311 to 10849 a fall range of  462 points

Current week (White candle) a rise from 10783 to 11181 range of  points 398 points

weekly average is @ 10966 and the closing base @ 10987

while the Nifty closed @11110 

The whole market is in the bear grip but the lower level bounce can be a short-term up move for lower-level consolidation. 

WEEK to FOCUS ON 12-16 Aug

Markets to focus on macro data, govt’s growth measures in holiday-shortened week, say analysts

By: PTI | 

Published: August 11, 2019 1:38:18 PM

India's industrial production growth slipped to a four-month low of 2 per cent in June, mainly due to poor performance of mining and manufacturing sectors, official data showed

Equity markets will focus on macroeconomic data as well as government measures to support growth and address tax issues in the holiday-shortened week ahead, analysts said. Bourses would remain closed on Monday and Thursday for Bakri Id and Independence Day, respectively.

“Going ahead investors will closely monitor government measures on supporting growth and FPIs tax issues,” said Vinod Nair, Head Of Research at Geojit Financial Services.

Markets may on Tuesday react to industrial production numbers released post market hours on Friday. India’s industrial production growth slipped to a four-month low of 2 per cent in June, mainly due to poor performance of mining and manufacturing sectors, official data showed.

“Although investors sentiment would continue to drive volatility in the stock market, the focus should be on how the government would tackle the tepid demand environment that suggests cyclical slowdown. As government measures to support growth plays out, we could see economy back on track of its long-term growth story,” said Arun Thukral, MD and CEO, Axis Securities.

According to Mustafa Nadeem, CEO, Epic Research, with the shortened week ahead, the market is also awaiting inflation data that will be released. So, volatility may continue to hurt while the overall trend is still bearish in the short-term. It is important to see if this rebound can sustain amid domestic and global headwinds, he added. 

During the last week, the Sensex gained 463.69 points or 1.24 per cent. Hopes of measures from the government to ease the tax burden on FPIs and jump-start the sluggish economy had propelled the markets on Thursday and Friday. The 30-share Sensex had gained 891.41 points in the two sessions.

“Markets will see speculative swings given that there are no important events ahead be it local or global factors,” said Jimeet Modi, Founder and CEO, SAMCO Securities & StockNote. Market sentiment would also be guided by movement of rupee, oil prices and investment trend by overseas investors.

https://www.financialexpress.com/market/markets-to-focus-on-macro-data-govts-growth-measures-in-holiday-shortened-week-say-analysts/1672436/