AMIT SETH

Amit Seth | Sebi Registered RA Reg No INH300009172 #MarketBreadth #Credit:Definedge

Again saying Don’t be fooled There is no such thing as sure shot It’s always about finding and decent probability setup where stop loss is small !!! So that even if the setup fails, loss is small and limited

One of the concepts is Deceptive Volume Meaning What appears as selling is actually buying by big strong institutional hands

Since last few months Have been documenting Pullback Setups which worked well What were the common characteristics in those setups Why some stocks in the same sector did well on pullbacks and others didn’t It’s a study of price action pattern volumes RS and momentum Off course even the best setups fail But the question here is not sure shot - it’s about probability Have documented many charts in my research 🧐 The aim is self improvement and self study 📚 Learning never ends !!!!

AMIT SETH | SEBI REGISTERED RA REG NO INH300009172 #NIFTYREALTY WHAT DO YOU FEEL - PULLBACK COMPLETE ???

I Trust Price Action But the only Indicator I use is RSI

As a Trader I demand and now want protest and agitation against Donald Trump At Jantar Mantar For causing stress to traders every day 😀😀😀

Amit Seth | Sebi Registered RA Reg No INH300009172 For long setups positionally, I look 👀 for 1. Stock Strength 2. Sector Strength 3. Price Action / Pattern 4. Zone Have added one more #filter since this is a range bound market in Index Look for above when Nifty corrects 400 to 500 points from recent highs Off course above is not for Intraday only for Positional Setup

Kitna pito gai Bhai Nifty down 250 points Almost 800 points from recent highs Baache ki jaan loge Kya

Things to consider Tommorow 1. US law firm probe into HDFC Bank over potential securities law violation 2. Below expectation Results of Infy 3. Oil on the boil at USD 100 Kya Kya Sambhale bechara Trader T20 Ka zamana hai - Intraday Mai niptao aur ghar chain Sai Jao 🤦🏻‍♂️

After you take care of above You have to take care of another unpredictable variable not in your control Donald Trump

This market is very punishing Like bouncy Australian 🇦🇺 Cricket pitches of 1980’s and 1990s No scope for error If you don’t enter at right zone and right sectors You are finished Clean Bowled or Bounced out with a catch in first 10 Bowls Hope you understand the analogy 🙏

Samosa Time now 😀

Amit Seth | Sebi Registered RA Reg No INH300009172 Realty Stocks are setting up again after a strong move and pullback Will keep an eye in this Universe

AMIT SETH | SEBI REGISTERED RA REG NO INH300009172 NIFTY PSU BANK IS INTERESTINGLY POISED ON THE DAILY CHARTS !!!