FII’s bought 26.8 K contract of Index Futures worth 923 cores (31.1 K longs were added and 4.3 K shorts were added for Index Future) with net OI increasing by 35.4 K contracts. So today’s FII’s continue adding longs and also added fresh shorts Index Futures. Nifty reacted from the EW target of 6838 and… Read More »
DLF Positional traders should look for close above 158 for short term target of 165 and 178. Any close below 157 stock is heading towards 149. Buy above 158.3 Tgt 160,162 and 164 SL 157 Sell below 156 Tgt 154.2,152 and 149 SL 157 Godrej Industries Buy above 331 Tgt 335,342 and 350 SL… Read More »
FII’s bought 11081 contract of Index Futures worth 378 cores (26.3 K longs were added and 15.2 k shorts were added for Index Future) with net OI increasing by41.5 K contracts. So today’s FII’s continue adding longs and also added fresh shorts Index Futures. Nifty is entering the demand zone, with hourly charts entering oversold so… Read More »
Do you see yourself in any of following mindsets? Have you ever done or thought anything like this? If you have not, then please stop reading since you have attained trading mastery and don’t need any words from me: No time to wait for setups. It looks like it might work, so I am going… Read More »
Jubilant Food Positional traders should look for close above 987 for target of 1008 and 1042. Buy above 988 Tgt 999,1008 and 1019 SL 981 Sell below 975 Tgt 968,956 and 940 SL 981 ICICI Bank Buy above 1265 Tgt 1273,1281 and 1300 SL 1260 Sell below 1253 Tgt 1245,1235 and 1220 SL 1260… Read More »
Last Week we gave Chopad level of 12851 and Bank Nifty did 2 target on downside.Inflation and IIP data both were disappointing leading to fall in Bank Nifty, initial 2 days but a quick recovery in last trading session helped Bank Nifty to recoup losses, We have Expiry in coming week so Lets analyze how… Read More »
Last Week we gave Chopad level of 6790, Nifty did 1 target on Downside . Next week is expiry week, Traders do not Expiry will happen on Wednesday as Thursday is a Holiday. Lets analyze how to trade Nifty for next 3 trading sessions. Nifty Hourly Chart Nifty Hourly charts has closed above its 50… Read More »
Money and power collide every five years at the intersection of Indian Stock Market and New Delhi, as India votes for its 15 Lok Sabha, So much is at stake: Indian foreign policy, India GDP growth, market friendly reforms could all undergo radical changes if Modiji wins. The outcome of the election will also impact… Read More »
Many traders will indulge in Option trading especially on Expiry Day to make some quick buck as sometimes Rs 1 Options can jump to Rs 20-30 in matter of time. During my trading Seminar , general question which most of participants have is Why do options trade at lesser than theoretical value on the expiry… Read More »
There are things that we do as traders that set us back in our journey to success and lose us money. There are other things that traders do that just destroy themselves. Many of the following things are done daily by the 90% of traders that lose money in the market consistently. If we want… Read More »