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"15-Point Daily Checklist for Successful Trading: A Comprehensive Guide for Traders"
*Daily Checklist After Market closed for the next day's trades information: - 15 Points need to validate/check before making any position Which Will increase your Sucess Ratio*
*Chart Time frame: The chart's time frame is Daily.
*Long-term Daily chart trend - sideways: The market's long-term trend on the daily chart is moving within a range, meaning there has been no significant uptrend or downtrend.*
*Short-term Daily Chart trend - Bearish: In the short term, the market is currently experiencing a downtrend.*
*Pattern Forming - None: There are no specific patterns forming in the market currently.*
*RSI > 50: The Relative Strength Index (RSI) indicates that the market is currently in a bullish mode as the RSI is above 50.*
*Rising A/D line: The Advance/Decline (A/D) line is rising, which shows that the market is experiencing more advances than declines.*
*VWAP - movement rising/ particular points: The Volume-Weighted Average Price (VWAP) is either moving upwards or has reached certain levels.*
*DJI and Nifty Sync: The DJI (Dow Jones Industrial Average) and Nifty (National Stock Exchange Fifty) are moving in sync with each other.*
*Support of Nifty -16940 & Resistance - 17750: Example -The Nifty has support at the 16940 level and resistance at the 17750 level.*
*Any Events - like Credit Policy: The upcoming event that could impact market sentiment is the Credit Policy or any other similar events such as elections.*
*BNF outperforming the Nifty: The Bank Nifty (BNF) is currently outperforming the Nifty, which suggests that the banking sector is doing better than the overall market.*
*OI levels Barriers 17500 & 17700: There are OI levels barriers at the 17500 and 17700 levels.*
*Outperforming Sector e.g. IT: The Information Technology (IT) sector is currently outperforming, indicating that this sector is doing well.*
*Under Performing Sectors e.g. Metals: The Metals sector is currently underperforming, indicating that this sector is not doing well.*
*Outstanding Charts e.g. Silver: While there are outstanding charts, the specific details of an outstanding chart such as Silver are not provided.*
Further as per our strategy of 15K to 1.5 cr in 120 transactions where you need to invest in which script of 10 April 2023 is as follows - kindly pay and download the same from the below URL
1) URL - Stocks for 6% - 10 April 2023 V2 - Second Script
2) URL -- Stocks for 6% - 10 April 2023 V1
Invest 15K once and then make 120 transactions over time, reinvesting the profit from each transaction in the following month. You don't need to invest an additional 15K each month.
Assuming that you have 15K to invest and you want to grow it to 1.5 crores with a targeted profit of 6% per transaction, you would need to make a total of 120 transactions over a period of time. Let's assume that each transaction is made at the end of the month, and the profit from each transaction is reinvested in the following month.
Here's a table that shows how your investment will grow over time:
As you can see from the table, with each transaction, your investment grows by 6%, and the profit from each transaction is reinvested, leading to compounding growth over time. After 120 transactions, your investment will have grown to 1.53 crores, and the total profit from all transactions will be 1.53 crores, resulting in a total amount of 1.63 crores.
It's important to note that this is a simplified example, and actual investment results may vary depending on market conditions and other factors. Additionally, it's important to do your own research and consult with a financial advisor before making any investment decisions.
Note:- Invest 15K once and then make 120 transactions over time, reinvesting the profit from each transaction in the following month. You don't need to invest an additional 15K each month. However, please keep in mind that this is just a simplified example and actual investment results may vary depending on market conditions and other factors. It's always a good idea to do your own research and consult with a financial advisor before making any investment decisions.
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Will be sharing the Script in which you need to invest for a 6% monthly return
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