Bulls Rule
Bulls Rule Academy is an educational institution for the people who are new in the Stock Market and
23/02/2023
When person like Nirmal Pradhan, Dipendra Agrawal, Bishnu Bashyal, KAKA (don't know his name) shouting buy buy on top of his lungs. I mentioned in my charts clearly about one and half year ago to sell at top. No one care and now they are the people shouting at me thinking my technical analysis is wrong I wonder where are they now.
NEPSE
Reason for correction:
1. Bearish Divergence in the indicators
2. 3000 is a round level and it may do up 3200 but correction is pending cause from 1100 to 2900 its a big movement and and big and fat bull cant run more it has to rest deep.
3. In weekly chart its making inverted hammer soo new trader are best to be aside.
4. Left over point will only be made by commercial banks or life insurance.
23/02/2023
NEPSE
Reason for correction:
1. Bearish Divergence in the indicators
2. 3000 is a round level and it may do up 3200 but correction is pending cause from 1100 to 2900 its a big movement and and big and fat bull cant run more it has to rest deep.
3. In weekly chart its making inverted hammer soo new trader are best to be aside.
4. Left over point will only be made by commercial banks or life insurance.
Anyone who is telling you to buy when all the world is taking care of inflation raised due to COVID that's bu****it.
Nothing is without reason in this market.
Many people like Dipendra Agrawal and many more are creating a club house group and asking and teaching them about the trade when they don't know much about market.
Stay Cautious !
Be cautious 🙂 Happy Trading Healthy Trading
Analysis based on price action only
be a trader not a gambler; always remember gambler gambles thinking money is power but traders knows knowledge is power.
Don't guess or follow tips. Very few people from the inside ever give out good information. Have a reason for every trade; don't trade on hope. If that is the only reason for excuse you have for holding a stock, get out quickly and you will save money. Conditions changes if market structure changes and you must learn to change your mind set and plan accordingly.
Stay Cautious!
Just have a proper mind set how you want to behave on Nepal Government act’s. Its not only about ( MCC, Reserves ). Its only about stability.
I m not bullish till I dont’t see any backups.
Their no reasons for me to be bullish for now.
Yes for long term I m very much bullish but for short term I m not bullish. Just because government is unstable its difficult for traders to act accordingly even in the bullish market.
Just because you have everything on discount price for now doesn’t mean you have to invest stay in the market watch the news and be ready. Only act when you are sure because its your money.
It’s not only about Nepal but in world market inflation rates has been increasing.
So my all I have been holding half of my portfolio and ready to buy if market drops with in this 1 months.
Please Note: If market act’s bullish. I will invest accordingly.
If you try to make money in stock market you will end up messing around loosing your money. If you try to protect your money wisely in stock market understanding the psychological part then you will make money.
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