Bank Nifty formed an INSIDE DAY pattern unable to break previous day high and low, and unable to close above 17466 where demand zone lies. RBI policy turned out to be non event and lowest range we have seen in bank nifty in past ,Bank Nifty if it starts trading above 17466 the next crucial… Read More »
What will GST mean for the Indian economy overall There are a variety of estimates of the benefits of GST to the Indian economy. Firstly, in terms of tax efficiency and reduced compliance, it will be a big boon for business. The secondary impact of GST is likely to increase GDP growth by 200 bps… Read More »
Arvind Positional/Swing Traders can use the below mentioned levels Close above 322 Target 328/336/344 Intraday Traders can use the below mentioned levels Buy above 320 Tgt 322,325 and 328.5 SL 318 Sell below 316 Tgt 313,311 and 308 SL 318 Glenmark Positional/Swing Traders can use the below mentioned levels Close above 987 Target 1008/1021… Read More »
FII’s bought 12.4 K contract of Index Future worth 756 cores ,7.5 K Long contract were added by FII’s and 4.9 K short contracts were liquidated by FII’s. Net Open Interest increased by 2.6 K contract, so today’s rise/fall in market was used by FII’s to enter long and exit shorts in Index futures. What’s Your… Read More »
Bank Nifty continued to move up but unable to close above 17466 where demand zone lies. We have RBI policy tomorrow,Bank Nifty will be volatile and trending move will generally come after 12:30 and 1 PM. Bank Nifty if it starts trading above 17466 the next crucial zone of resistance lies in range of 17620-17670… Read More »
There are five general brain types Among traders People with Compulsive Brains tend to get stuck in a particular thought about the market. “It’s too high.” “It’s too manipulated.” “It’s too risky.” It’s too…” whatever. People with Compulsive Brains tend to operate entirely on their own terms and are generally not open to feedback or… Read More »
Ashok Leyland Positional/Swing Traders can use the below mentioned levels Close above 98 Target 102/110 Intraday Traders can use the below mentioned levels Buy above 98 Tgt 98.6,99.5 and 101 SL 97.6 Sell below 97 Tgt 96,95.2 and 94.5 SL 97.6 SBIN Positional/Swing Traders can use the below mentioned levels Close above 254… Read More »
Last week we gave the Chopad level of 17050 Bank Nifty gave long short on Monday opening and achieved 1 target on downside and Gave Long Entry on Friday and did 2 target on upside on the same day,Lets analyze how to trade Bank Nifty in coming week. Bank Nifty Hourly Bank Nifty has been… Read More »
Last week we gave Chopad Levels of 7896 , Nifty was volatile last week trading above and below the Chopad levels, Shorts Intitated during first half of week did 1 Target, Longs were rewarded with first target on Friday. Lets analyze how to trade market in coming week where we have RBI policy,GDP Data and… Read More »
In Continuation with Previous Article Mistakes to avoid when writing/shorting Options Option Writing – Unlimited risk and Limited profit potential An option buyer has limited risk and unlimited profit potential, so if 1 lot of 8000 Nifty call was bought at Rs 130, the maximum loss on this trade is the Rs 9750 (Rs 130… Read More »