ChartMantra🇮🇳

FINEOTEX CHEMICAL - Why Tracking Matters 📈 One of the biggest advantages of having a strong watchlist is that you don't have to discover a stock from scratch every time it moves. Look at #FINEOTEX 👀 The stock has given multiple opportunities during the same trend: • First opportunity - after the initial move • Second opportunity - consolidation • Third opportunity - continuation setup • Fourth opportunity - another entry as the trend strengthened The key wasn't predicting every move. The key was tracking the stock. This is why I always suggest building a small, high-quality watchlist rather than following hundreds of stocks. You can't deeply track 500 stocks. But if you have 20-30 quality stocks on your watchlist, you can learn their structure, behaviour, volume and reactions much better. Good trading is not always about finding new stocks. Sometimes it's about patiently tracking the right ones.

Good morning

Try. Fail. Learn. Try again. Repeat. Whatever you want to achieve in life, there is no shortcut. You have to face hardship. You have to struggle. You have to stay consistent. You have to continuously acquire knowledge in your field. And most importantly-you have to keep going when others quit. Try. Try. Try… until you succeed. Success is not about never failing. It’s about never stopping.

PHYSICSWALLAH - this is getting interesting. 👀 The chart is showing a setup I like: strong prior move → correction → repeated support reaction → tightening near the moving averages. What stands out to me: 📌 Multiple reactions from the 110–115 zone 📌 Price has reclaimed the 21 EMA & 50 EMA 📌 RSI 55 - momentum is recovering 📌 Volume activity is picking up on recent moves 📌 The broader structure resembles a Cup & Handle 📌 162 remains the major supply zone 📌 Most importantly: I don't want to chase this move. I want to see tightness first. My setup 122–130 zone → watch for tight consolidation If the stock starts holding this zone tightly and then gives a clean breakout with volume, that could provide a much better risk:reward entry than buying today's expansion candle.

#SKIPPER I didn’t find this stock through a screener. I was simply scrolling through charts from the index And within 4-5 seconds, I stopped and thought: “WOW. This chart looks good.” That’s the skill I’m trying to build. You don't always need 20 filters, 15 indicators & complicated scans. Sometimes, price structure itself is enough to get your attention. Look at the chart: → Clean uptrend → Price above rising 21 EMA → Higher highs & higher lows → Tightness near the highs → RSI holding above 60 → Volume expansion A screener can help you find stocks. But training your eyes helps you recognize quality. The ultimate goal of technical analysis is not to make charts complicated. It is to make good charts look obvious. I’d rather have 10 quality charts I understand deeply than 500 stocks sitting in my watchlist. Follow if you want to learn how to read price action, structure & momentum without overcomplicating trading.

There is almost always an opportunity after a stock starts moving - whether RSI is around 60 or around 40. The mistake? Treating RSI levels as buy signals. RSI is a context tool, not a trigger. Look at Deep Industries 👇 Price made a strong 56% move, consolidated tightly, held its rising 21 EMA, and RSI stayed strong above 60. The opportunity wasn't simply: “RSI > 60 → BUY” The real edge was the combination of: • Strong price momentum • Tight consolidation • 21 EMA support • RSI holding the 60 zone • Volume expansion on the breakout And the same principle works around RSI 40. When a strong stock pulls back toward RSI 40, don't blindly buy because RSI reached 40. Ask: Is price holding structure? Is the trend intact? Is selling drying up? Is the stock reacting positively from support? RSI gives you the area. Price action gives you the context. The reaction gives you the entry. Don't follow RSI blindly. Understand the story behind the RSI. That small shift can make a BIG difference in trading.

JSW INFRASTRUCTURE

#GABRIEL - My 5⭐️ Setup Monthly RSI > 60 ✅ Weekly RSI > 60 ✅ Daily RSI near 40 - potential low-risk zone 👀 Price is also at CIP (Change in Polarity) - previous resistance now acting as support. The higher-timeframe momentum is strong, while the daily RSI has cooled down. Now let's see how price reacts from this zone. One of my 5-star setups. ⭐️⭐️⭐️⭐️⭐️ And yes, Auto Ancillaries is currently one of the sectors I’m closely watching.

See how the stock reacted from RSI 40 👀 Then we got a clear W pattern, followed by price starting to show tightness. This is exactly the kind of price action I like to track: • RSI reset → momentum recovery • W pattern → structure • Tightness → supply getting absorbed Now watching for a clean breakout with volume. If the setup continues to behave well, this could offer another opportunity to add on strength. 📈 Not every trade needs to be chased. Let the price prove itself.

WOCKHARDT add this stock also

Multi-year BO candidates on my watchlist 👀 Two stocks I’m closely tracking for the next major breakout: 🚗 Auto: SONA BLW Precision Forgings 💊 Pharma: IOL CHEMICALS & PHARMACEUTICALS The idea is simple: Long consolidation → accumulation → breakout → expansion. Waiting for the right breakout/tightness + volume confirmation.

The best entry is not always the lowest price. 🎯 Don’t try to catch the exact bottom. Wait for: Pullback → Support → Higher Low → Buyer Confirmation → Entry A few points higher with confirmation is often better than buying early and hoping. Patience gives information. Confirmation gives confidence. Risk management protects capital. 🔖 Save this for your next swing trade.

Stock for next week 1. BLUESTONE JEWELLERY & LIFESTYLE 2. WOCKHARDT

#HFCL is a recent example of how the 5-Star Zone can give multiple opportunities in a strong uptrend. 📈 We got 3 different opportunities: • Pullback to 21 EMA • 21 EMA undercut & recovery • RSI 40 support But why do I keep sharing the same setup again and again? Because I want to become so familiar with it that when the setup appears in the market, I don't hesitate. And honestly, sometimes I also think: "Yaar, ye chalega bhi ki nahi?" 😅 That doubt is normal. The only way to reduce it is study → practice → repeat → study again. I don't want to trade 20 different setups.I want to master a few setups so deeply that when they appear, I can recognize them almost automatically. Repetition builds conviction. Conviction builds discipline. Discipline builds consistency. That's why I keep studying the same setup. 🔥 #ChartMantra