A day of celebrations of good over evil. We celebrate “Ram’s victory over Ravan”. And it happened thousands of years ago. And we continue to do celebrations and stopped at that. Only a handful have gone on to fight the good fight to overcome the evil within us. Others simply complain of the evil around… Read More »
Bank Nifty after forming multiple tops in range of 17940-17954 respecting our Weekly Chopad level of 17950 after giving breakout above 17850 failed to move above Friday high of 17947 and today closed below the breakout area of 17850 but bounced from trendline support. Bank Nifty took support @ the rising trendline as shown in… Read More »
We have grown up being told Lakshmi (goddess of wealth) and Saraswati (goddess of knowledge) always fight and avoid staying in the same place. This is based on the observation that rich businessmen tend to be uneducated (both Bill Gates and Steve Jobs were college dropouts, we are repeatedly told) and educated people tend to… Read More »
PFC Positional/Swing Traders can use the below mentioned levels Close below 245 Tgt 241/238 Intraday Traders can use the below mentioned levels Buy above 246.5 Tgt 249,251 and 253 SL 245 Sell below 243 Tgt 242,239 and 236 SL 245 Voltas Intraday Traders can use the below mentioned levels Buy above 284.3 Tgt 286,288 and… Read More »
FII’s sold 12.4 K contract of Index Future worth 31 cores ,2.6 K Long contract were liquidated by FII’s and 9.8 K short contracts were added by FII’s. Net Open Interest increased by 7.1 K contract, so today’s fall in market was used by FII’s to exit long and enter fresh shorts in Index futures Trading… Read More »
Bank Nifty again today made high of 17940 forming multiple tops in range of 17940-17954 respecting our Weekly Chopad level of 17950 after giving breakout above 17850 failed to move above Friday high of 17947 made a high in opening at 17954 and came down, suggesting no follow up move was seen. Today move can… Read More »
As a trader, you don’t have to be super smart, many Doctor Engineer and Scientist who were best in their field have failed in trading miserably and few of my students who have not even graduated have done wonders :). Whats the difference The Successful traders can control their emotions and are mentally very very … Read More »
ACC Positional/Swing Traders can use the below mentioned levels Close below 1364 Tgt 1330/1301 Intraday Traders can use the below mentioned levels Buy above 1408 Tgt 1418,1430 and 1454 SL 1395 Sell below 1381 Tgt 1372,1360 and 1330 SL 1390 India Bulls Real Estate Positional/Swing Traders can use the below mentioned levels Close above… Read More »
FII’s sold 25.2 K contract of Index Future worth 403 cores ,10.9 K Long contract were liquidated by FII’s and 14.2 K short contracts were added by FII’s. Net Open Interest increased by 3.2 K contract, so today’s rise in market was used by FII’s to exit long and enter fresh shorts in Index futures To… Read More »
Bank Nifty after giving breakout above 17850 failed to move above Friday high of 17947 made a high in opening at 17954 and came down, suggesting no follow up move was seen. Today move can be seen as consolidation after big rise seen on Friday, It will be termed as failed breakout once it closed… Read More »