Just a reminder – The Most Important Part of the Trader Success Model – YOU While You are trading or planing to take a trade, It YOU from making a trade plan till trade execution irrespective of profit and loss.Many traders gives excuses like Market is bad so we lost money , Do remember market… Read More »
HCL Tech HCL Tech approaching its resistance of 805-810 odd levels. Unable to cross them can lead to pullback towards its rissing trendline. Buy above 802 Tgt 805,808 and 812 SL 800 Sell below 789 Tgt 785,782 and 776 SL 792 Tata Motors Telco has closed above its 200 DMA.which gives a short term target… Read More »
FIIs bought 660 Index Future worth 18 cores with net Open Interest decreasing by 2648 contracts.FII booked profit in Index Futures. Nifty opened with gap up filled the gap in morning and continued with its rally but was unable to breach and close above 5860. 5750 needs to be watched closely any break below it… Read More »
William O’Neil is likely one of the greatest traders of our time based on many things. O’Neil made a huge amount of money while he was only in his twenties, enough to buy a seat on the New York Stock Exchange. He runs an amazingly successful investment advisory company to big money firms. He is… Read More »
Bajaj Auto Bajaj Auto after breaking out of its trendline crossover zone,formed 3 DOJI pattern suggesting an explosive move is round the corner. Buy above 1893 Tgt 1908,1925 and 1950 SL 1881 Sell below 1868 Tgt 1848,1826 and 1804 SL 1881 IDFC IDFC is near its important medium term support of 123, Holding the… Read More »
FIIs sold 24453 Index Future worth 706 cores with net Open Interest increasing by 5757 contracts.FII have again started shorting Nifty and Bank Nifty Futures. Nifty gave a move as discussed but with a gap down took support near falling trendline and in process broke 5800 odd levels. 5750 needs to be watched closely any… Read More »
Every trader need to Identifying his Strengths and Weaknesses Trading requires as much honesty as is objectively possible. To be able to go over each trade and determine what you did right and what you did wrong requires putting ego aside for the benefit of becoming a better trader. You have to be able to… Read More »
FIIs sold 5253 Index Future worth 154 cores with net Open Interest increasing by 4685 contracts.FII has booked profit in long after 250 points rally. Nifty consolidated today in small range and took support at 50% retracement, forming an Inside Day and NR7 pattern . So expect some good moves in next 2 day. Nifty… Read More »
Reliance Infra Reliance Infra is near its downward falling trendline resistance of 369. Any close above it will take the it to next important resistance zone of 377. Any close above 377 gives a target of 411 in short term . Positional traders keep an eye on close above 377. Buy above 369 Tgt 373,377… Read More »
FIIs bought 3065 Index Future worth 89 cores with net Open Interest increasing by 34391 contracts.FII has exited most of there shorts on expiry and went long on 28 June which was also monthly closing. As i have discussed in Last analysis on Thursday addition on 6000 CE needs to be looked closely and we… Read More »