Last Week We gave the Bank Nifty Weekly Trend changer level as 10626 Bank Nifty did 2 target on downside and 1 target on upside in volatile week, so traders were able to capture both up move and down move. Lets analyze how to trade Bank Nifty in coming week. Bank Nifty Daily Bank Nifty… Read More »
Sensex is 300 points from its all time high and Nifty trading at 3 year high, Lets analyze how to trade Nifty in coming week. Nifty Daily Chart Nifty Daily chart is forming a rising wedge formation, Pattern gets invalidated on close above 6207. Any close above 6229 will take nifty to next supply zone… Read More »
Your level of confidence as a trader will have a huge positive impact on your success. The more confident you are the less time you will spend on second guessing your decisions. The more confident you are the more positive energy you will focus toward your desired outcome. WHERE IT COMES FROM Confidence is… Read More »
FIIs bought 22563 contracts of Index Future (sold 1161 long contract and 23724 shorts were squared off ) worth 665 cores with net Open Interest decreasing by 24885 contracts.SO todays rise was backed just by short covering by FII’s , no fresh buying was done by them in 150 points rise. Caution should be used on longs.… Read More »
Larsen Larsen has taken resistance at its Fibo channel and any break below 833 will see stock cracking to 798 odd levels. Bullish only above 846 for target of 898 Buy above 846 Tgt 855,867 and 879 SL 837 Sell below 833 Tgt 825,813 and 798 SL 837 Axis Bank Axis bank has… Read More »
FIIs bought 5055 contracts of Index Future (bought 11683 long contract and 6628 shorts were added ) worth 155 cores with net Open Interest increasing by 18311 contracts.So even though the US Deb deal done markets used this as an opportunity to correct. Thats why I always say never try to trade as per news. Nifty opened… Read More »
And so, in the proverbial 11th hour, or technically 10th hour and 10th minute before the midnight of the X-Date, the House gets the necessary 216 votes to pass the Senate bill to raise the debt ceiling, and in a final 285-144 tally, in which 87 Republicans voted yea to 144 GOP noes as all… Read More »
Axis Bank Axis Bank is near a crucial level of 1068, Any break below it stock will go till 1020 and 987 odd levels. Buy above 1098 Tgt 1112,1126 and 1144 SL 1082 Sell below 1076 Tgt 1067,1044 and 1022 SL 1082 HCL Tech HCL Tech has broken out of the channel and is… Read More »
Rahul tells his friend, “I’m staying out of the markets for a few days.” “Why?” asks Raman. “I can’t trade under these conditions. I’m going to wait for the markets to change,” answers Rahul. “What a lack of confidence,” Raman taunts. “Maybe, but I’d rather be safe than sorry,” Rahul retorts. Does Rahul actually have… Read More »
FIIs bought 25404 contracts of Index Future (bought 28620 long contract and 3216 shorts were added ) worth 795 cores with net Open Interest increasing by 31836contracts.FII’s today again went long in NF, but has started shorting Index Futures also. Nifty opened with a gap up moved above its last swing high of 6142,made a new high… Read More »