In Continuation with Previous Post 5. Trading On Emotions This is a weakness faced by most traders, not only new market entrants. The fear of losing money makes it hard for most new traders to make risks. Greed gives rise to many poor decisions that result in a depleted trading account. Trading on emotions is… Read More »
ACC Positional traders should look for 1364, holding the same bounceback till 1400/1453 on cards Intraday traders use below mentioned levels Buy above 1395 Tgt 1418,1428 and 1450 SL 1383 Sell below 1358 Tgt 1350,1335 and 1320 SL 1368 HDFC Holding 1076 in correction buy can be taken for short term target of 1100/1131.… Read More »
FII’s sold 137 K contract of Index Future worth 2817 cores, 117 K Long contract were squared off by FII’s and 20.4 K short contracts were added by FII’s. Net Open Interest decreased by 96 K contract ,so FII’s squared off big quantity long in Index futures in. Nifty saw the biggest decline of current bull market,… Read More »
Here are the biggest falls in the Indian stock market history: Jan 21, 2008: The Sensex saw its highest ever loss of 1,408 points at the end of the session on Monday. The Sensex recovered to close at 17,605.40 after it tumbled to the day’s low of 16,963.96, on high volatility as investors panicked following weak… Read More »
Adani Port Buy above 324 Tgt 327,331 and 335 SL 322 Sell below 319 Tgt 316,312 and 308 SL 322 HDIL Holding 68 stock is heading back to 76. Buy above 71.2 Tgt 73,74 and 76 SL 69.5 Sell below 69 Tgt 68,66.7 and 65 SL 69.5 IB Real Estate Buy above 72.9 Tgt 73.7,74.9… Read More »
FII’s sold 27.5 K contract of Index Future worth 605 cores, 26.8 K Long contract were squared off by FII’s and721 short contracts were added by FII’s. Net Open Interest decreased by 26 K contract ,so FII’s squared off majority long in Index futures in. Nifty hourly chart touched the resistance line and gave pullback, touching… Read More »
Truth be told, when you are new at something it is very easy to make mistakes. Unfortunately, in the Stock market you will find that almost all new traders make the same mistakes over and over again. To have a steeper learning curve and gain more from your trades, you need to identify the common… Read More »
Arvind Positional traders should look for close above 288 for short term target of 300/321. Intraday Traders use the below mentioned levels Buy above 284 Tgt 287,292 and 295.6 SL 282 Sell below 280 Tgt 278.5,275.5 and 270 SL 282 Syndicate Bank Positional traders should look for close above 136 for target of 139/141 and… Read More »
Bank Nifty Hourly Bank Nifty hourly chart will breakout above 19100 for target of 19800/20000. Bank Nifty Hourly EW Daily Hourly Elliot wave analysis is shown,19166 will play crucial role next week. Bank Nifty EW Daily This is what we discussed last week Long term Elliot wave is drawn on Bank Nifty which gives target… Read More »
Last week we did not share any weekly analysis, As per Historical data Important Swing low and high are formed in 1 week of January so keep a close eye on Nifty price action in coming week. Infosys results will be declared on 9 Jan, this time the timings have changed to 12:30 PM. Lets… Read More »