Last Week we gave Chopad level of 12836 M Bank Nifty made low of 12238 , did all 3 target on upside cool 364 points gained :), We have Fed meeting coming up next week , so markets will remain volatile Lets analyze how to trade bank nifty in next 3 trading sessions. Bank Nifty… Read More »
Last Week we gave Chopad level of 6790, Nifty did 1 target on upside . Next week Thursday is a Holiday. Lets analyze how to trade Nifty for next 4 trading sessions. Nifty Hourly Chart Nifty Hourly charts has trading near its 50 HDMA, 6747-6743 will play an important role in coming week,taking support… Read More »
In our last post Nifty reaction to Lok Sabha election results we had a discussion on various scenarios which are possible. Lets discuss who can an “Investor” also use the Lok Sabha election event to rejig portfolio. In an election year, equities usually go up in the run-up to elections, and Market will always give Thumb… Read More »
There was a boy named Masaru in Japan. When he was young, he wanted to learn & master Judo. Unfortunately, he lost his left hand after an accident. He became very sad. When his father saw his condition, he took him to one the Great Masters of Judo in Japan. After thoroughly analyzing Masaru, the… Read More »
Complacency When I think of complacency two major things come to mind: Often a traders biggest loss comes after a string of winners. This is well documented and suggests to me that complacency is present. The ‘every swing I take is a home run feeling’ or the ‘I can do no wrong feeling’. Sure enough… Read More »
SBI Buy above 2066 Tgt 2081,2098 and 2119 SL 2060 Sell below 2058 Tgt 2044,2024 and 2007 SL 2065 ICICI Bank Buy above 1301 Tgt 1309,1318 and 1332 SL 1295 Sell below 1293 Tgt 1285,1271 and 1262 SL 1299 BHEL Buy above 192 Tgt 194,196 and 199 SL 190 Sell below 189 Tgt… Read More »
FII’s bought 49962 contract of Index Futures worth 1710 cores with net OI decreasing by 2 lakh contracts. So on expiry day FII’s squared off most of shorts they were carrying as rollover in the Nifty at around 59% is lower than the three-month average of 65%, indicating FII’s sees the risk of taking bullish… Read More »
Rule 1 – If you cannot see trends and patterns almost instantly when you look at a chart then they are not there. The longer you stare, the more your brain will try to apply order where there is none. If you have to justify exceptions, stray data points and conflicting evidence then it is safe… Read More »
You don’t choose the stock market; it chooses you. A little bit of early trading success can have a profound effect on a person’s soul. If it does choose you, you’ll have to accept that your life and investing will become forever connected. Your methodology must provide an unshakeable foundation that you believe in totally, and you… Read More »
Adani Port Any close above 212 short term target 220 and 225 Buy above 205.3 Tgt 208.4,212 and 215 SL 204 Sell below 201.5 Tgt 198.5,195 and 190 SL 203 Axis Bank Any close above 1508 stock is heading towards 1542 in short term. Buy above 1502 Tgt 1511,1523 and 1535… Read More »