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12148 Head and Shoulder breakdown possibility

Trade Thesis
a) HSP breakout possibility, if 90465 level breaks and closes below in 15 min.
b) Trendline breakout possibility
c) vwap breakdown possibility
d) Trade duration till 10 Jan
e) SL compulsory
option strategy : OTM 84000 put buy and 83000 put sell as defined risk strategy. Risk to be 1% of total capital.

Trading mindset requirements
a) You cannot be wrong all the time
b) Acceptance of right rule is the right mindset.
c) Our greatest personal power is the ability to direct our mind and choose. Real empowerment comes when we realize that every action, reaction,
and emotion—happiness, sadness, anger, and love—are all choices.
d)Winning or losing is self-created, but only winners are able to admit that. In the mind of a champion, there is no doubt that winning is a conscious choice!
e)Fear is the most common reason
people choose not to do what it takes to be highly successful. They fear embarrassment, ridicule, or rejection; they’re afraid to fail. That stems from what you believe about and define as failure. I can assure you that an Olympic gold medalist has very different beliefs
from the average person, and that’s a choice
.


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