COLPAL trade ideas
Book reviews | what is useful for a trader novel about India
Many people believe that in order to successfully trade on the stock exchange, you need to study only specialized literature. I believe that a person should develop comprehensively, and business and life outside of business are an inseparable whole. And if a person has big problems in the family or difficulties in everyday life, it will sooner or later affect their work! But let's go to the review.
To begin with, I read this book on the advice of a friend who said that almost everyone who read it carefully and to the end has since visited India. I am no exception, and I lived in India not passing through, and wintered from 2018 to 2019, and still stayed for the rainy season. I left this country in August 2019.
As a rule, any book or event I have is analyzed to identify the TOP ideas or tips that I can apply in my life to improve it or make it better. In this book, the main idea for me is that if you really want something , then you should act without looking back, as if there is no road back and bridges have already been burned. This is what happened to the author of the book, who escaped from the strictest and most secure prison in Australia. I also realized that the power of visualization, charged with emotions, is incredibly strong and quickly brings you closer to your goal! I remember reading it and imagining slums, Indian cafes, smells and dishes. And then when I business traveled and studied Indian championship in football, and visiting different places (Guwhati, Mumbai, Bangalore, Delhi) I just remembered that this is exactly how I imagined it all! A lot of course in the book is invented and a lot of fictional stories, but the power of visualization really helps.
For those who do not want to read this book or listen to the audio version, we have it in the library in various formats and we will share it with you without any problems. Well, for those who finally decide that the money you earn on the stock exchange is needed to spend it somewhere, I advise you to take a closer look at traveling to India, because this will really change your life!
TOP 3 IDEAS how useful the book "Shantaram" will be for you"
1) Helps you learn how to visualize with emotions, which speeds up your goal achievement
2) Helps you understand that achieving a goal depends on determination, and bridges behind your back
3) Expands your horizons and makes the world much richer
PS: photos are not added here, links are not inserted, so write in private messages.
COLPAL trying to breakout with enuf accumCOLPAL has made a gud accumulation and with 1400 stoploss.. it's safe to enter at 1417 for trgt1500/1555
COLGATE LOOK OUT FOR THESE LEVELS!!! COLGATE
IMPORTANT LEVEL: 1442-1444
BUY IF
1) BUY ABOVE 1433
Target: 1444/1450
SL: 1415
SELL IF:
1) Sell Near 1444
If the stock is not able to break the level.
2) Sell if the lower level 1420 is broken with volume and convection
Target: 1410/1400
The indicator used:
TE REKAB shows REVERSAL in market
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Colpal - Showing strength | See price reaction at 1430 and 1470 Thanks for coming to this update.
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Colpal has been showing strength for the past 2 days and also there is volume support in the move up, which is a good sign.
The 1430 region has acted as previous resistance and is also the Monthly high.
If it manages to get above 1430 with strength, it can show momentum up to 1465-1475 (previous swing levels) and even higher.
Wait for the level to break before going long.
Watch out for price rejections in the mentioned zones. If that happens, then we can see a good short setup.
Keep an eye on Nifty and BankNifty and trade with proper SL and risk management.
Please note: These are my views and not trading advice. Please consult your financial adviser before making any trading decision.
“Pain + Reflection = Progress” – Ray Dalio
#ColpalDaily TF in Uptrend. W & M looks bullish. Can initiate a long position if there is a positive rejecting candle on the trend line.
RANGEBOUNDRange bound in Resistance @ 1530 and Support @ 1300
Big volume candle can confirm activity if break then long
Today Colpal has to short upto 1320Two Hump and Diamond Top Pattern made here, Breakdown happens at 1384 and shorts up to next support 1320.
