Trading is really not as much of a numbers game as it is a mind game. Winning or losing in the long term will come down to whether you quit or keep going on your trading journey. Trading is not for everyone, there is no easy money in the markets. You will fight for your… Read More »
LT Larsen has been correcting after its result came forming swing high of 1652 and after swift fall has seen a range contraction forming an descending triangle which is bearish chart pattern. Buy above 1399 Tgt 1409,1420 and 1433 SL 1395 Sell below 1385 Tgt 1375,1360 and 1340 SL 1395 Lupin Lupin is forming… Read More »
FIIs sold 16847 Index Future worth 484 cores with net Open Interest increasing by 42773 contracts,FII have initiated fresh shorts in index futures with nifty trading below 200 DMA, 2 day in row and rupee recovering from its all time low. Nifty has closed below its 200 DMA and was unable to cross also during… Read More »
Being a trader is easy. All you have to do is to open an account, deposit some money and then you can start buying and selling currencies, indexes, commodities, stocks and more. However, when are you ready to become a professional trader and do nothing but to trade all day long? 1. Capital With… Read More »
DLF DLF as per Fibo Fans has been taking support at lower end bounced and touched the upper end and is back with its downhill price move.Next Important support comes at 176 odd levels, unable to hold target as low as 157 can be seen as per Fibo Spiral. On Upside Holding 176 it can… Read More »
FIIs sold Index Future of 1858 cores with net Open Interest increasing by 43644 contracts,FII have initiated fresh shorts in index futures with nifty trading near 200 DMA and rupee at all time low. Nifty has closed below its both short and medium term moving average and have been consolidating in tight range before making… Read More »
As discussed last week post USD-INR will it hit all time low, Weekly forecast USD INR achieved all target above trend deciding level.Lets analyze USD INR technical for coming 4 days after rupee opened at a record low on Tuesday USD INR 4 Hour Chart USD INR 4 hour chart is trading at… Read More »
SBIN SBI has been falling like pins after making high of 2472 and is now approaching its medium term trendline support. SBI can give a whipsaw by trading below the trendline traders do remember range of 1974-1980 is very important support as per Gann and Fibo Spiral number and positional shorts can be booked in… Read More »
FIIs sold Index Future of 2 cores with net Open Interest decreasing by 2995 contracts,with the Rupee going in downward spiral FII have just stop the fund flow to India and the reason we are seeing nominal selling in Index Futures and consistent selling of 100+ cores in cash market. Fall In Rupee is a… Read More »
Dollar trading at 3 year High As discussed US Dollar at 3-Year High USD has touched its 3 year High at 84.3, US stock market are at life highs,Strength in USD indicated recovery in US economy, We have seen a slew of data indicating the same. Housing Market is recovering, Job situation is improving which… Read More »