Yearly Archives: 2015

Bank Nifty retest breakout level,EOD Analysis

By | October 19, 2015 7:46 pm

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 »

To be Champion Trader Think Like them

By | October 19, 2015 3:24 pm

I meet and learn from Champion Traders every day. Not just in trading rooms but in Champions of other fileds like Sports,Arts, Music etc. I’ve learned that to be a champion you must Think Like a Champion. Champions think differently than everyone else. They approach their life and work with a different mindset and belief… Read More »

SKS Micro,Ultra Cement and Petronet Supply Demand Analysis

By | October 19, 2015 6:31 am

SKS Micro Positional/Swing Traders can use the below mentioned levels Close above 466 stock is heading to 472/490 Intraday Traders can use the below mentioned levels Buy above 458 Tgt 461,465 and 470 SL 454 Sell below 453 Tgt 450,447 and 443 SL 455 Ultra Cement Positional/Swing Traders can use the below mentioned levels Close… Read More »

Bank Nifty Weekly Analysis for 19-23 Oct

By | October 18, 2015 8:57 pm

Last week we gave the Chopad level of 17580 Bank  Nifty gave short entry made low of 17434 which did not achieve the target of 17360 and gave long entry @17580 and did 2 target on upside made high of 17947 near 3 target of 18000 . Lets analyze how to trade market in coming… Read More »

Nifty near Breakout,FII FnO Data Analysis

By | October 17, 2015 10:34 pm

FII’s sold 52.7 K contract of Index Future worth 831 cores ,27.5 K Long contract were liquidated by FII’s and 25.5 K  short contracts  were added by FII’s. Net Open Interest decreased  by 2.2  K contract, so today’s rise in market was used by FII’s to exit long and  enter fresh shorts in  Index futures Motivational:… Read More »

Bank Nifty gives breakout,EOD Analysis

By | October 17, 2015 11:32 am

As we have been discussing in past few analysis 17850 is breakout area for 18050/18144 and 17350 is breakdown area for 17177/17000, In between its pure consolidation mode.  As seen in below 2 charts which shows Breakout given by Bank nifty now we need to observe price actio near 18050 and 18144 for further clues… Read More »

Motivational: Don’t Lie to Yourself

By | October 16, 2015 4:34 pm

This is a story about realizing one’s potential…and about what tends to hold us all back from realizing our potential.It was the spring of 1982 and I was coaching girls’ track in a small southern Iowa town. There was a young discus thrower on the team, Jill, a sophomore who had tremendous potential. At the… Read More »