Larsen Larsen broke out today from its downtrending channel with volumes, signalling a breakout. Positional traders should buy above 1043 for short term target of 1076. Buy above 1035 Tgt 1042,1048 and 1055 SL 1030 Sell below 1027 Tgt 1020,1014 and 1008 SL 1032 Adani Buy above 259 Tgt 263,266 and 269 SL 257.5… Read More »
FIIs bought 3674 contracts of Index Future worth 123 cores (3405 Longs were added and 269 shorts were squared ) with net Open Interest increasing by 3136 contracts, so FII’s added longs and exited partial shorts. As discussed Nifty gave a breakout above 6327 but the follow up move is not coming. Nifty is just… Read More »
You want to be trading opportunity, not your mood of the moment. – Brett Steenbarger Many traders I have interacted during my training session, one of the basic reason for loss is trading on mood, Somehow trader gets a feel and he does some aggressive trade which ultimately lead to “BIG LOSSES”. So lets discuss… Read More »
Larry Hite While the speculator doesn’t have the product knowledge or speed, he does have the advantage of not having to play. The speculator can choose to only bet when the odds are in his favor. That is an important positional advantage. In the above quote, Larry is referring to the fact that smaller retail… Read More »
Auropharma Auro if it close above 418 stock will head to 432 in short term. Buy 411 Tgt 414,416 and 418 SL 410 Sell below 408 Tgt 404,401 and 398 SL 410.5 Colgate Colgate is trying to cross its 200 DMA, as shown in above chart Buy above 1334 Tgt 1343,1354 and 1364 SL… Read More »
FIIs sold 3233 contracts of Index Future worth 101 cores (17040 Longs were squared off and 13807 shorts were squared off) with net Open Interest decreasing by 30847 contracts, so FII’s are square off mode in both longs and shorts. Nifty again took support at 20 DMA as shown in below chart and bounces back… Read More »
How do you know if your trading psychology problem is really just about trading or is a sign of larger problems? Here is a quick checklist: A) Does your problem occur outside of trading? For instance, do you have temper and self-control problems at home or in other areas of life, such as gambling or excessive… Read More »
Bharatiya Janata Party’s (BJP’s) prime ministerial candidate Narendra Modi on Sunday, 19 January 2014, came out with his vision for a new India ahead of the 2014 Lok Sabha elections, pledging to project the country as a brand worldwide if a BJP government was voted to power. The key elements of the Bharatiya Janata Party… Read More »
PNB PNB is near an important spiral number of 597, Closing below this today will lead stock to 576 and 555 in short term. Closing above the same 610 and 623 are intital target. Buy above 598 Tgt 604,610 and 618 SL 595 Sell below 594 Tgt 589,582 and 576 SL 597 NMDC Positional… Read More »
Last Week Chopad Level of 6183 got triggered on Monday and achieved all target on upside. Nifty Hourly Chart Nifty Hourly charts took support at 50 HSMA and bounced back, Holding range of 6241 nifty can bounce back to 6337 odd levels. Nifty Daily Chart Nifty again took support at 20 DMA as shown in… Read More »