Yesterday Apple gathered the press to give the world I Watch, this event when Correlated with Apple Stock can be used for case study and planning trade in similar situation around the world.
Tata Motors DVR Any close above 343 stock is heading to 350/354 Intraday Traders can use the below mentioned levels Buy above 343 Tgt 345,348 and 350 SL 341 Sell below 338 Tgt 336,333 and 331 SL 341 UBL Unable to close above 1021 stock is heading to 1008/987/966. Intraday Traders can use the… Read More »
FII’s sold 79.1 K contract of Index Future worth 1884 cores, 61.3 K Long contract were squared off by FII’s and 17.7 K short contracts were added by FII’s. Net Open Interest decreased by 43.6 K contract. Nifty saw the biggest fall in 2 months (Why Sensex Crashed 600 Points, Biggest Fall in 2 months) down 181… Read More »
Sensex corrected by 550 points Nifty almost 200 Points making today as Black Monday,biggest decline in 2 months. Last big decline was seen on 06 Jan 2015. Budget was good market rallying and out of no where we saw a correction. I am discussing few points below which would had led to the correction. Concerns… Read More »
ACC Any close below 1686 stock is heading to 1652/1631. Intraday Traders can use the below mentioned levels Buy above 1701 Tgt 1726,1754 and 1780 SL 1690 Sell below 1686 Tgt 1672,1650 and 1620 SL 1695 LT 1825 should be watched any close below it stock is heading back to 1741. Intraday Traders can… Read More »
Last week we gave the Chopad level of 19986 Bank Nifty achieved 3 target on upside and 2 target on downside, We have inflation and CPI data coming on 12 March which will be closely watched by market.Lets analyze how to trade next week. Bank Nifty Hourly Bank Nifty took support at the trendline @18400… Read More »
Last week we gave Chopad Levels of 8936 Nifty did 2 target on upside and 1 target on downside in a volatile week which saw RBI cutting rate. Lets analyze how to trade next week. Nifty Hourly Chart Nifty Hourly charts took support at its lower trendline but closed below its 34 EMA,suggesting weakness on… Read More »
The Japanese began using technical analysis to trade rice in the 17th century. While this early version of technical analysis was different from the US version initiated by Charles Dow around 1900, many of the guiding principles were very similar: The “what” (price action) is more important than the “why” (news, earnings, and so on).… Read More »
In Continuation with Previous Article How to Cure Your Trading Problems Step 4 – Commit to your plan and commit to persistent discipline Persistence means that you continue doing something even in the face of difficulty or adversity. In trading, persistence is a key ingredient to success. If you cannot muster the discipline to persistently… Read More »
In Continuation with Previous Article W.D. Gann Trading Techniques – I and Gann trend following techniques 365 days is an important cycle of one year. In a circle there are 360 degrees which very nearly correspond to this cycle. In other words, one day is equal to one degree of the circle that the… Read More »