As discussed in Last analysis Bulls needs to close nifty above 17293 which is signal line, else the rally will get sold into once again. Bank Nifty opened with gap up at signal line and unable to sustain above signal line and also gann trendline and fall down towards 17000 before showing recovery. Bank Nifty… Read More »
Biggest misconception of Retail Trader I found during my trading session I am a trader so I should trade. Well, this is the biggest mistake a trader can make. The trader’s job is not to trade but trade right based on trading strategies he has mastered on during the course of time. Trading is a… Read More »
Larsen Positional/Swing Traders can use the below mentioned levels Close above 1364 Tgt 1453 Intraday Traders can use the below mentioned levels Buy above 1372 Tgt 1385,1408 and 1420 SL 1364 Sell below 1360 Tgt 1349,1334 and 1320 SL 1366 Lupin Positional/Swing Traders can use the below mentioned levels Close above 1830 Tgt 1883,1930,1974 Intraday… Read More »
FII’s sold 10.9 K contract of Index Future worth 645 cores ,5.2 K Long contract were liquidated by FII’s and 5.6 K short contracts were added by FII’s. Net Open Interest increased by 0.03 K contract, so today’s rise in market was used by FII’s to exit long and add shorts in Index futures Maintaining Trading… Read More »
As discussed in Last analysis Bank Nifty took support at gann arc Now Bulls need a close above 17143/17170 for a quick move towards 17300/17470 where gann resistance line is present as shown in chart. Bank Nifty worked on similar line bulls were able to capitalized on the gann arc support and supply from bears started… Read More »
The most important trait of winning trader is “DISCIPLINE” Sounds simple. And everyone should find this sentence easy to agree with. Basically, it just means following a specific trading strategy and not deviating from it. But people differ in terms of their ability to maintain self-control and discipline. Discipline vs. Emotions It is easy to… Read More »
Axis Bank Positional/Swing Traders can use the below mentioned levels Close above 495 Tgt 521 Intraday Traders can use the below mentioned levels Buy above 482 Tgt 486,490 and 495 SL 480 Sell below 475 Tgt 472,467 and 460 SL 478 Tata Steel Positional/Swing Traders can use the below mentioned levels Close… Read More »
Last week we gave the Chopad level of 16650 Bank Nifty gave long entry on Monday opening and achieved 2 target on upside, and was unable to close below chopad level of 16650 on single trading session. Lets analyze how to trade market in coming week. Bank Nifty Hourly Bank Nifty trading below 21/34 EMA… Read More »
Last week we gave Chopad Levels of 7820 , Nifty gave long entry on Monday opening and rewarded the Chopad followers by doing 2 target on upside.Also gave shorting opputunity and rewarded traders with 1 Tgt on downside. Our Prayers for the families who have suffered from the Paris attack.Lets analyze how to trade market… Read More »
FII’s sold 21.9 K contract of Index Future worth 1249 cores ,10.3 K Long contract were liquidated by FII’s and 11.9 K short contracts were added by FII’s. Net Open Interest increased by 1.6 K contract, so today’s fall in market was used by FII’s to exit long and add shorts in Index futures Do you… Read More »