There are certain characteristics of the markets that take place almost all the time, when the indexes are about to approach an intermediate or long-term top or long term bottom. In order of importance, this is what you have to look at to identify market tops. Time Sentiment or Investors Expectations Market Breadth Price patterns… Read More »
We accumulate information. We learn by buying books, asking questions, going to seminars and researching what really works in trading. We begin to trade with our new-found knowledge. We make profits only to give it back very quickly, realizing that we may need more knowledge or information. We accumulate more information. We switch the stocks… Read More »
Crompton Greaves 178 is trend changer level. Closing above it target 188/199. Unable to close above it 165 is short term target. Intraday Traders can use the below mentioned levels Buy above 175 Tgt 177,179.4 and 183 SL 173 Sell below 172 Tgt 170.5,168 and 166 SL 173.5 CESC Any close above 555 short… Read More »
FII’s sold 78 K contract of Index Future worth 1662 cores,19.7 K Long contract were squared off by FII’s and 58.3 K short contracts were added by FII’s. Net Open Interest increased by 38.6 K contract so today’s rise was used by FII’s to add shorts in Index Future. When to avoid trading Nifty from… Read More »
Traders who trade financial markets should also know when to stay out or not to trade. Trader should trade when opportunity arises based on his trading system and trading strategy. Knowing when not to trade is also a vital part of trading plan .Wait for opportunity to come think of Sachin he does not hit… Read More »
Bank India Any close above 212 short term target 220/225. Intraday Traders can use the below mentioned levels Buy above 204 Tgt 207,211 and 215 SL 202 Sell below 201 Tgt 199.4,196 and 192 SL 202.5 Bharat Forge Intraday Traders can use the below mentioned levels Buy above 1248 Tgt 1260,1276 and 1289 SL… Read More »
FII’s sold 26.3 K contract of Index Future worth 649 cores,2 K Long contract were added off by FII’s and 28.3 K short contracts were added by FII’s. Net Open Interest increased by30.4 K contract so today’s rise was used by FII’s to add shorts in Index Future. Can money be made in trading ?… Read More »
Its been a roller coaster rise from past few trading session and many traders asked me “Can money be made in trading ?” Let me try to answer the same. Trading is always a high return high risk game and it needs nimble trading approach with tons of discipline. Traders say its the Big traders… Read More »
Adani E 665 is trend changer level for Adani, Closing below it stock us heading to 644/631/623. Intraday Traders can use the below mentioned levels Buy above 676 Tgt 682,690 and 697 SL 673 Sell below 670 Tgt 665,660 and 654 SL 6737 HDIL Any close below 110 short term target 106/103/97. Intraday Traders… Read More »
FII’s bought 5.1 K contract of Index Future worth 178 cores,1.3 K Long contract were squared off by FII’s and 6.4 K short contracts were squared off by FII’s. Net Open Interest decreased by 7.8 K contract so today’s fall was used by FII’s to square off both longs and shorts in Index Future .Reason… Read More »