Hindalco Positional traders should look for close below 177 for short term target of 165. Intraday traders can use below levels to trade Buy above 181 Tgt 183,185 and 189 SL 180 Sell below 176 Tgt 173,170 and 168 SL 179 CIPLA Intraday traders can use below levels to trade Buy above 443… Read More »
FII’s bought 18455 contract of Index Future worth 717 cores, 27.4 K Long contract were added and 9 K short contracts were added by FII’s. Net Open Interest increased by 36.4 K contract , so FII are going both long and short in Index Future. Nifty was up 0.2% which was due to HDFC and ITC… Read More »
The typical trader who is struggling will look for outside information that completes the puzzle or “holy grail” of trading. Go and look at yourself in the mirror. This is the missing piece in the trading puzzle. Mental rehearsal (of both positive and negative scenarios), positive imagery, inducing a relaxed state of mind, and… Read More »
ICICI Bank Positional traders should look for a close below 1453 for short term target of 1411. Intrday Traders can use the below mention level Buy above 1467 Tgt 1473,1483 and 1500 SL 1463 Sell below 1455 Tgt 1447,1440 and 1430 SL 1463 Voltas Unable to close above 212 stock can correct back to… Read More »
FII’s bought 36214 contract of Index Future worth 1390 cores, 10.6 K Long contract were added and 25.5 K short contracts were squared off by FII’s. Net Open Interest decreased by 14.8 K contract , so after todays rise FII were covering their shorts. Nifty after Friday decline, open with second Gap up today partly filled… Read More »
BHEL BHEL is near a very important gann level of 220 , Holding the same stock can see bounceback till 225 and 233. Unable to do so 212 /199 is short term target. Buy above 222 Tgt 224.227 and 229 SL 220 Sell below 219 Tgt 217,214 and 212 SL 221 BPCL Positional traders should… Read More »
FII’s bought 4311 contract of Index Future worth 162 cores, 3.2 K Long contract were added and 1 K short contracts were squared off by FII’s. Net Open Interest increased by 2.1 K contract , so after big selling on Friday FII again started buying Index Futures but in small qunatity. Nifty after Friday decline, open… Read More »
Trading is a very complex undertaking and if you miss one element you will likely eventually fail in this endeavor. Here are the four different elements we must have working for us for success in trading: The Knowledge If we don’t do the homework to know what we need to know we will fail due… Read More »
Tata Motors Positional traders should look for 433, Closing below 434 stock is heading towards 411, Closing above 433 short term target 442/450. Intraday Traders can use the below mentioned levels Buy above 434 Tgt 437,441 and 445 SL 432 Sell below 429 Tgt 426.5,422 and 418 SL 432 Century Textile Positional… Read More »
Last Week we gave Chopad Level of 15176 Bank Nifty did 2 target on downside and on upside got stopped out, rewarding Chopad Followers with 350 points . Lets analyze how to trade Bank Nifty in coming week. Bank Nifty Hourly Bank Nifty hourly charts has formed Bearish Island Gap pattern, Till 14986-15000 is not taken… Read More »