Nicolas Darvas developed his famous method for identifying stock trends using “Darvas Boxes” in the late 1950s. His goal was to create a trading system that allowed him to ride a powerful stock’s rising trend for as long as it remained in that rising trend. This is obviously a simple and logical concept, but extremely… Read More »
When we speak of “The Trader’s Mindset” what are we really talking about? Many of my studentsoften ask me this question and we talk about it a lot with traders I mentor. When we trade the markets we approach the markets each and every day with a psychological mindset or set of beliefs and emotions.… Read More »
How to trade ABCD Harmonic Pattern There are three basic steps in spotting Harmonic Price Patterns: Step 1: Locate a potential Harmonic Price Pattern Step 2: Measure the potential Harmonic Price Pattern Step 3: Buy or sell on the completion of the Harmonic Price Pattern By following these three basic steps, you can find… Read More »
There are hundreds of trading styles out there. There are dozens of markets to trade. There are multiple time-frames to trade on. But there are only 2 kinds of traders that are making any money. And the only question you need to be asking yourself is: am I one of them? If you are one… Read More »
DRL Holding 3194 stock is heading back to 3316/3356 odd levels in short term. Buy above 3234 Tgt 3250,3272 and 3289 SL 3215 Sell below 3211 Tgt 3194,3173 and 3150 SL 3220 Bank Baroda Holding 898 stock will head towards 932/953 in short term. Buy above 905 Tgt 910,918 and 928 SL 901… Read More »
NIFTY 50 25 CNXMDCAP 150 75 ————————————- ASHOKLEY 11000 8000 AXISBANK 1250 500 GMRINFRA 10000 9000 HAVELLS 1250 1000 IFCI 9000 8000 NHPC 12000 10000 UNITECH 17000 9000 —————————————– ADANIENT 1000 500 ADANIPORTS 2000 1000 ALBK 4000 2000 AMBUJACEM 2000 1000 ARVIND 2000 1000 AUROPHARMA 500 250 BANKBARODA 500 250 BHARATFORG 1000 250 BHARTIARTL 1000… Read More »
FII’s bought 5.7 K contract of Index Future worth 232 cores, 8.5 K Long contract were added and 2.7 K short contracts were added by FII’s. Net Open Interest increased by 11.2 K contract , so FII added both long and short in index futures. Nifty has as expected volatile day , but as per Gann… Read More »
1) The amount of time spent on their trading outside of trading hours (preparation, reading, etc.); 2) Dedicated periods to reviewing trading performance and making adjustments to shifting market conditions; 3) The ability to stop trading when not trading well to institute reviews and when conviction is lacking; 4) The ability to become more aggressive… Read More »
A B Nuvo Holding 1631 stock can bounce back to 1686/1741. Buy above 1645 Tgt 1659,1676 and 1695 SL 1631 Sell below 1621 Tgt 1604,1587 and 1550 SL 1631 Union Bank Any close above 199 stock is heading towards 212/220 in short term. Buy above 197 Tgt 200.5,206 and 210 SL 194.5 Sell below 193… Read More »
FII’s bought 2.4 K contract of Index Future worth 99 cores, 6.3 K Long contract were squared off and 8.7 K short contracts were squared off by FII’s. Net Open Interest decreased by 15 K contract , so FII squared off both longs and shorts in Index futures also shorts were added almost in 1:1.8 ratio.… Read More »