Last Week we discussed Technical Indicator – Stochastics An Introduction Lets discuss today how to Trade using Stochastic The Stochastic Oscillator can be used to generate Buy and Sell Signals as follows 1. Extreme Values (Overbought Oversold) 2. Stochastic Crossovers 3. Stochastic Divergences Extreme Values (Overbought Oversold) The stochastic oscillator is plotted within a… Read More »
As discussed on 10 Apr Gold technical analysis Gold is trading near the upper resistance zone 1588-1590$. Unable to break the 1590$ pullback till 1560-62 should be expected which it did the same day. Today after retail sales unexpectedly dropped commodities are having sell off. Also as per Gold technical analysis before crucial Jobs data we clearly… Read More »
Infosys did it again, 22% down Many traders lost a fortune few made a good money. Traders who have lost money due to big gap down in stock will not make Emotional trades to recover lost money asap and the account is destroyed fast. They will involve themselves in revenge trading, as they are in… Read More »
HDFC HDFC is forming a descending triangle formation which gets activated below 750, Stock was unable to cross its falling resistance line in past 2 days. Stock has also formed an Inside Day candlestick pattern showing explosive move is round the corner. Buy above 768.5 Tgt 775,782 and 788 SL 763.5 Sell below 759 Tgt… Read More »
FIIs bought 9588 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 267 cores with net Open Interest increasing by 11284 contracts. FII have started profit booking in shorts, but still no sign of fresh longs. What makes a great trader? Nifty formed another a Pin Bar candlestick formation in today’s trading… Read More »
Yesterday we discussed Greatest Trade of All time, Today on the auspicious occasion Navratri Let me share Qualities to become Great traders. Most of Great traders have the below mentioned qualities: Empathy and the ability to listen. Faith in their own ability to get things done, if life and in work. Humility, and a willingness… Read More »
Infosys Infosys will be declaring its results tommrow. Stock has broken its 2 months trading range of 170 points. Unable to move and close above 2856 will keep stock under pressure. Buy above 2837 Tgt 2856,2873 and 2888 SL 2827 Sell below 2803 Tgt 2785,2767 and 2745 SL 2815 Tata Steel Tata Steel is forming… Read More »
FIIs sold 7800 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 218 cores with net Open Interest increasing by 23002 contracts. FII have started profit booking in shorts, but still no sign of fresh longs. Greatest trades of all time Nifty after 5 days of decline, recovered today forming a Pin… Read More »
What were the greatest trades of all time? Who made them? Here is a list of the who, what, when, where, and how of the greatest trades that were ever made. While the risk management while executing many of these trades is not what many traders would want, we can see many of these as… Read More »
As discussed on 5 Apr Gold technical analysis before crucial Jobs data Gold bounced from 1540 odd levels and achieved all target on upside. After rally on Friday gold went into consolidation phase in past 2 days. Lets analyse whats in store for today. Gold Hourly Chart Gold 4 Hour chart with Fibo regression channels,is… Read More »