The Arms Index (also known as TRIN, an acronym for TRading INdex) was developed in 1967 by Richard Arms. It is a volume-based indicator that determines market strength and breadth by analyzing the relationship between advancing and declining issues and their respective volume. The Arms index is used to measure intraday market supply and demand,… Read More »
The story of Panyee FC This five minute short film tells the true story of how Koh Panyee, Thailand, built their own floating football field in 1986, and established one of the best football teams in the country. The story of Bethany Hamilton One of the most heart touching inspirational stories is the story… Read More »
Bank Nifty from past 2 session unable to close above the supply area of 17250 and closing below it from past 2 trading session also Till its not crossed probability of bank nifty moving to 16700/800 exists,Breakout only on closed above 17652. Secrets of Profitable Traders Part-II Bank Nifty October Future Open Interest Volume… Read More »
FII’s bought 47.3 K contract of Index Future worth 963 cores ,33.1 K Long contract were added by FII’s and 14.1 K short contracts were liquidated of by FII’s. Net Open Interest increased by 19 K contract, so today’s fall in market was used by FII’s to enter long shorts in Index futures Secrets of Profitable… Read More »
In Continuation of previous Article Secrets of Profitable Traders Part-1 1. Passion and Fire to Keep going The most successful traders are passionate about what they do. They love trading however taxing it might become and they are ready to put lot of hard work.With such a trader, you will find that the trader enjoys the… Read More »
Cairn Positional/Swing Traders can use the below mentioned levels Close above 157 Tgt 165 Intraday Traders can use the below mentioned levels Buy above 155.3 Tgt 157,159 and 161 SL 153.5 Sell below 151 Tgt 149,147 and 144 SL 153.5 Tata Steel Positional/Swing Traders can use the below mentioned levels Close above… Read More »
FII’s sold 1.9 K contract of Index Future worth 144 cores ,2.9 K Long contract were added by FII’s and 4.9 K short contracts were added of by FII’s. Net Open Interest increased by 7.9 K contract, so today’s rise in market was used by FII’s to enter both long and shorts in Index futures Secrets… Read More »
As discussed in last analysis After the initial rise Bank Nifty took resistance at pyrapoint 90 degree line as shown in 2 chart and closed below the gann trendline. We need close above gann trendline for bullish mode else we can again correct back to 16600/16300 odd levels. Today also Bank nifty was unable to… Read More »
Highly profitable traders are not born, they are made. They do not rely on pure luck to make consistent earnings but on their calculated moves when trading in stocks/Forex/commodities. Today lets discuss the Qualities of Top trader. 1. Discipline Without discipline, none of the other qualities matter. It is possible for any trader to invest… Read More »
Bharti Airtel Positional/Swing Traders can use the below mentioned levels Close above 323 Tgt 343 Intraday Traders can use the below mentioned levels Buy above 323 Tgt 326,329 and 333 SL 321 Sell below 320 Tgt 317,313 and 310 SL 322 Shriram Transport Positional/Swing Traders can use the below mentioned levels Close above 953… Read More »