Bajaj Auto Closing above 2584 short term target 2639,2673. Buy above 2550 Tgt 2571,2589 and 2601 SL 2542 Sell below 2520 Tgt 2500,2470 and 2450 SL 2532 Hero Moto Buy above 3114 Tgt 3136,3162 and 3184 SL 3100 Sell below 3088 Tgt 3066,3040 and 3020 SL 3100 LIC Housing Buy above… Read More »
Last week we gave Nifty Chopad level of 16086 Bank Nifty opened with big gap up made low of 16157 and marched higher made a fresh all time high,As we have FOMC meeting and expiry lying ahead so trades should trade caution as wild moves are bound to come in bank nifty. Lets analyze how… Read More »
Last week we gave Nifty Chopad level of 7883 and Nifty did 2 target of upside rewarding chopad followers by 130 points. Next week is very crucial for global markets as we have FOMC Meeting results coming on 30 , Brazil Election results coming tomorrow. We were able to catch the bottom of Nifty as… Read More »
I will share with you the experience of three bright colleagues who worked as professional traders for a major insurance fund. All three were extremely successful trading at their company. They had a stellar trading record for over ten years; they were in fact the company’s top three traders. Tired of office politics and the… Read More »
Gann Trading strategies Importance of number 3 Majority of moves will generally occur in time period of three – days, weeks or months.Never trade in the direction of the trend on its third day. Tops, bottoms and consolidations * Tops usually take time to form. Spike tops are less common compared to spike bottoms. Tops… Read More »
FII’s bought 18.6 K contract of Index Future worth 751 cores, 24.6 K Long contract were added by FII’s and 5.9 K short contracts were added by FII’s. Net Open Interest increased by 30.5 K contract , so FII added long in index futures but are adding shorts. This is what we discussed in last analysis yesterday… Read More »
September and October month have seen range bound moves, Few days before on my Facebook page we discussed the possibility of Nifty setting the stage for big move. Here is some data analysis which will help both traders and investors for next 2 trading months. Last quarter is considered the most strongest quarter and market… Read More »
Happy Diwali to my friends, well wishers and followers, Wishing you all affluent,blooming,flourishing,convivial,ecstatic,sparkling,gleeful Diwali India, the land of rich cultural heritage, has one or the other festival for every month. It is the spiritual and religious richness in India that each festival is related to some or other deity. One of such festival is the… Read More »
Stock market remains closed on Thursday, 23 October 2014 on account of Diwali Laxmi Pujan and again on Friday, 24 October 2014 on account of Diwali Balipratipada. However, the stock exchanges will conduct a special live trading session on Thursday, 23 October 2014, on account of Muhurat trading on Diwali. Trading will begin at… Read More »
TVS Motor Any close below 254 stock is heading to 246/241. Buy above 260 Tgt 265,270 and 275 SL 258 Sell below 256 Tgt 251.5,247.5 and 243 SL 258 Allabhad Bank Close above 110 stock is heading to 115/123 in short term Buy above 110 Tgt 111.1,113.3 and 115.5 SL 108.8 Sell below 107 Tgt… Read More »