Last week we gave Nifty Chopad level of 8114 and Nifty did 3 target on downside and almost did 1 target on upside. Lets analyze how to trade in September Expiry Week. Nifty Hourly Chart Nifty Hourly charts made a V shaped recovery from channel bottom now facing resistance in zone of 8130-8150, Closing above… Read More »
Investing in stock market can be a profitable and enjoyable proposition. It requires a great deal of patience and discipline. Right attitude and having proper tools is a must in the financial markets. Most traders loose because they do not do their homework and they dont plan their trades. They also dont realize that they… Read More »
Markets have consistently experienced “100-year events” every five years. While I spend a significant amount of my time on analytics and collecting fundamental information, at the end of the day, I am a slave to the tape and proud of it. I see the younger generation hampered by the need to understand and rationalize… Read More »
AB Nuvo Close above 1686 stock is heading to 1741. Buy above 1665 Tgt 1680,1697 and 1720 SL 1658 Sell below 1655 Tgt 1642,1607 abd 1584 SL 1663 Hind Petro Buy above 490 Tgt 495,500 and 503 SL 487 Sell below 486 Tgt 482,478 and 474 SL 489 Godrej CP Holding 1021 stock… Read More »
FII’s bought 15.8 K contract of Index Future worth 644 cores, 22.2 K Long contract were added and 6.3 K short contracts were added by FII’s. Net Open Interest increased by28.5 K contract , so FII added longs in Index futures also shorts were added but in 1:3 ratio. As discussed in previous post Nifty Ready… Read More »
Not putting in stops. The ego doesn’t want to be proven wrong. Hesitating before putting on a trade. The ego wants reassurance before it begins. Overtrading. The ego wants to prove itself big time. Getting stuck in a trade. The ego has intertwined itself with a trade and is holding on for dear life. It… Read More »
LT Holding 1508 stock is heading towards 1542/1563. Buy above 1518 Tgt 1528,1534 and 1542 SL 1510 Sell below 1500 Tgt 1484,1470 and 1450 SL 1510 HDFC Buy above 1022 Tgt 1030,1040 and 1050 SL 1017 Sell below 1015 Tgt 1010,1001 and 989 SL 1018 HDIL Buy above 86 Tgt 88,90 and 93 SL… Read More »
FII’s bought 1292 contract of Index Future worth 52 cores, 5.9 K Long contract were squared off and 7.2 K short contracts were squared off by FII’s. Net Open Interest decreased by 13.2 K contract , so FII squared off long and shorts in Index futures. Nifty formed DOJI pattern after yesterday’s decline, levels of 7925… Read More »
In the 1954 work ‘New Blueprints for Gains in Stocks and Grains’ William Dunnigan stated: “We think that “forecasting” should be thought of in the light of measuring the direction of today’s trend and then turning to the Law of Inertia (momentum) for assurance that probabilities favor the continuation of that trend for an unknown… Read More »
Investing in gold is no joke, and a lot of information associated with it can confuse people. Since the gold market is an extremely volatile market, caution and a lot of research are needed when investors decide to commit to gold investing. Although using the services of an experienced gold broker makes the task of… Read More »