Last week we gave the Chopad level of 18300 Bank Nifty achieved 3 target on upside rewarding discipline chopad followers .Lets analyze how to trade next week. Bank Nifty Hourly Bank Nifty broke its trendline and also closed below 21/34 EMA, suggesting fall till 18150/18100 is on cards. Bullish above 18550 only. Bank Nifty Hourly … Read More »
Last week we gave Chopad Levels of 8286 , Nifty did 3 target on upside rewarded Chopad followers . Lets analyze how to trade market in May F&O Expiry week. Nifty Hourly Chart Nifty Hourly charts has broken on upside and above its 21/34 EMA, till 8424 is not broken hourly trend remains on upside.Resistance… Read More »
Do traders make money is frequently asked question in my trading seminar? I was very happy to discover that the Forbes Rich List was scattered with investors and hedge fund managers who have profited handsomely despite giving fundamentals a back seat. Here are my favourites from the list:
Li Hejun began the day as either China’s second-richest man according to Forbes, or richest, according to the Hurun Report (China’s version of the Forbes rich list) and Le Figaro, with a fortune worth more than $30 billion. By 11am, his net worth was amazingly cut by half, and he was almost $14 billion “poorer”… Read More »
SBIN 288 is trend change level close below it stock is heading to 275/267. Holding above it 310/322 short term target. Intraday Traders can use the below mentioned levels Buy above 291.5 Tgt 293.8,297.4,300 and 305 SL 289 Sell below 287.5 Tgt 284.8,281.2 and 275 SL 289 Amtek Auto Intraday Traders can use the below… Read More »
FII’s sold 21.9 K contract of Index Future worth 312 cores,6.9 K Long contract were squared off by FII’s and 15 K short contracts were added by FII’s. Net Open Interest increased by 8 K contract so today’s consolidation was used by FII’s to add majority shorts in Index Future. How Traders can Optimize Trading Mindset… Read More »
In Continuation of Part -I Build You should have back tested and trusted trading system, rather than plucking one from the internet. I know it’s very tempting to simply copy the trading system of some (supposedly) successful trader, and it might very well be a very profitable strategy but the fact that it works for… Read More »
Adani Port Intraday Traders can use the below mentioned levels Buy above 343 Tgt 345.5,347.8 and 351.2 SL 341.5 Sell below 341 Tgt 339.5,336 and 333 SL 342.5 Bharat Forge Any close below 1220 stock is heading to 1160/1131, Intraday Traders can use the below mentioned levels Buy above 1249 Tgt 1265,1279 and 1291 SL… Read More »
FII’s bought 37.2 K contract of Index Future worth 853 cores,40.2 K Long contract were added by FII’s and 3 K short contracts were added by FII’s. Net Open Interest increased by 43.2 K contract so today’s rise was used by FII’s to add majority longs in Index Future. How Traders can Optimize Trading Mindset… Read More »
How to become a profitable trader has far more to do with mindset than with a specific trading strategy. In fact, no trading strategy can be profitable if a trader has the wrong mindset. Today we will discuss How traders can optimize their trading mindset Trading Goals This really is the kind of principle that… Read More »