FII’s bought 9.6 K contract of Index Future worth 60 cores, 18.1 K Long contract were added by FII’s and 8.4 K short contracts were added by FII’s. Net Open Interest increased by 26.4 K contract ,so FII’s added long in Index Futures and also added shorts in index future. Nifty after 34 days of rise saw… Read More »
The oil and gas boom in the United States was made possible by the extensive credit afforded to drillers. Not only has financing come from company shareholders and traditional banks, but hundreds of billions of dollars have also come from junk-bond investors looking for high returns. Junk-bond debt in energy has reached $210 billion, which… Read More »
Tata Steel Closing above 466 stock is heading to 480/492 and 521. Buy above 464 Tgt 466.7,471 and 475 SL 461 Sell below 459.5 Tgt 457.5,454 and 448 SL 461 Rel Infra Any close above 589 stock is heading to 610/623. Buy above 591 Tgt 597,605 and 613 SL 587 Sell below 584 Tgt 581,575… Read More »
Last week we gave Nifty Chopad level of 18556 .Bank Nifty did 1 target on downside and 2 target on upside rewarding chopad followers by 400 points. Lets analyze how to trade Bank Nifty next week. Bank Nifty Hourly Bank Nifty took support @ its 21 HEMA, holding the same bank nifty will bounceback to… Read More »
Last week we gave Nifty Chopad level of 8620 Nifty made high of 8627 and came down till 8504 did 1 target on downside,Nifty continued with its upward journey and make new life highs but closed negative on weekly basis after 6 straight weekly rise.Lets see how to trade next week. Nifty Hourly Chart Nifty… Read More »
History Andrews developed his own method of predicting where price is going to go in the market. He said that his method will predict with 80% certainty where price is going to be. He originally called it the Median Line Method. One of the most popular Median Line Method tools were the reaction lines. These… Read More »
This is the message one of my students wrote to me “I don’t get it. I know there is good money to be made in trading (I see people doing it) and I’ve known success before. It’s not like I don’t know what a winning mindset is. I’ve proven myself before. Yet trading success still… Read More »
Siemens Any close above 987 stock is heading towards 1021/1042. Buy above 980 Tgt 987,999 and 1008 SL 976 Sell below 972 Tgt 966,953 and 932 SL 976 Biocon Holding 466 stock is heading to 485/500. Buy above 471 Tgt 475,480 and 486 SL 468 Sell below 466 Tgt 464,460 and 457 SL 468… Read More »
FII’s sold 32.2 K contract of Index Future worth 756 cores, 24.3 K Long contract were squared off by FII’s and 7.8 K short contracts were added by FII’s. Net Open Interest decreased by 16.4 K contract ,so FII’s squared off long in Index Futures, added shorts in index future.But with this big selling also NF was… Read More »
A solid trading plan is the cornerstone of your trading business. Unfortunately many traders think that all they need is a trading strategy. This is NOT the case! Let me explain the difference between a trading strategy and a trading plan. A trading strategy tells you when to enter and when to exit trades. A… Read More »