SBI SBI is seeing a range contraction on daily charts and weekly charts have been falling from past 12 weeks. SBI is showing range contraction on weekly chart and explosive move is round the corner. Positional traders should go long above 1686 for Tgt of 1741,1830. Positional shorts should be entered below 1597 for… Read More »
RBI maintained “Status Quo” in the RBI policy, Weekly Trend Deciding level of 10105 achieved the second target on downside Cool 355 Points pocked by positional traders during the week :). Lets see how Bank Nifty Technical are shaping out and are we seeing a relief rally chances? Bank Nifty Hourly Bank Nifty on hourly… Read More »
Last week we gave Trend Deciding level as 5686 Nifty Nifty achieved all 3 target on on downside :). Nifty Hourly Chart Nifty Hourly charts trading in perfect down trending channel,Break of channel comes above 5691 on closing basis. Nifty Gaps For Nifty traders who follow gap trading there are 1 trade gaps in the… Read More »
FIIs bought 14727 contracts of Index Future (Book profits in 4998 Contracts of shorts and 9729 longs were sold) worth 392 cores with net Open Interest increasing by 4731 contracts. So as per data analysis, FII are entering in Long in NF and BNF and booking profit shorts in NF and Bank NF. Chart Patterns… Read More »
In Continuation of last week post on Reversal Candlestick Pattern for traders In this article we will focus on few important chart patterns,which will help you in making better trading decisions. Bearish Head and Shoulders Pattern The head and shoulders is probably the most popular pattern used by technical traders. It is easy to spot… Read More »
A future Contract is an agreement between two parties to BUY or SELL an underlying asset, including stocks, indices,commoditities or currency, at a certain time in the future at a certain price. Futures contracts are standardized and are traded on the exchange. To facilitate liquidity in futures contracts, the exchange defines certain standard specifications for … Read More »
There are those who would convince you that it is somehow smart or in your best interest to be manically switching your investments around, back and forth, long and short, on a daily basis. To pay attention to this kind of overstimulation is the height of madness, even for professional traders. The most storied and… Read More »
IRB Infra IRB stock has seen a capitulation with a fall around 52 forming a panic double bottom pattern and than on course for slow and steady rise. Stock is entering its resistance zone as per fibo fans as shown in above daily chart.Positional trades can be taken on close above 72 for target of… Read More »
FIIs sold 18656 contracts of Index Future (Book profits in 7998 Contracts of shorts and 26654 longs were sold) worth 535 cores with net Open Interest decreasing by 34652 contracts. So as per data analysis, FII are still exiting longs and booking profit shorts in NF and Bank NF.FII’s were doing more of intraday trading… Read More »
Paul Rotter is arguably the most successful individual futures trader executing trades on the Eurex exchange primarily in the Bund. Every trader can aspire to imitate Paul’s success as he is proof that it IS possible for a small trader to build on his success and grow into the biggest most active speculator around. Q:… Read More »