Last week we gave the Chopad level of 16980 Bank Nifty gave short entry and continued with the fall throughout the week achieved all 3 target on downside. Lets analyze how to trade Bank Nifty in coming week. Bank Nifty Hourly Bank Nifty finally broke the pyrapoint range and saw a big fall, range breakdown… Read More »
Last week we gave Chopad Levels of 7850 , Nifty opened below Chopad levels, made high of 7825 and short Intitated during first were rewarded with all three target done by Friday. Nifty made low of 7575 which was near 52 week low of 7539.Lets analyze how to trade market in coming week which will… Read More »
Many traders have been asking me question on my write up of FII Data analysis, Keeping all the question in mind i have prepared a cheat sheet which will help you in understanding my data analysis with more clarity. 1. What do you mean by Open Interest (OI) in futures and options? When there is… Read More »
FII’s sold 15.9 K contract of Index Future worth 922 cores ,8.1 K Long contract were liquidated by FII’s and 7.7 K short contracts were added by FII’s. Net Open Interest decreased by 398 contract, so today’s fall in market was used by FII’s to exit long and enter shorts in Index futures. Motivational Real Life… Read More »
As discussed in previous analysis Bank Nifty broke support near gann arc and trendline as shown in below 2 charts, Bank Nifty closed below 16850 bank nifty moving towards 16587/16300. Low made today was 16260 near 16300. Breaking of todays low 16260 can see fast move towards green gann arc 16000. Trade as per your… Read More »
Karoly Takacs. You’ve probably never heard of him. However, in Hungary, he’s a national hero – everybody there knows his name and his incredible story. After reading his story, you’ll never forget him… In 1938, Karoly Takacs of the Hungarian Army, was the top pistol shooter in the world. He was expected to win the… Read More »
Godrej Industries Positional/Swing Traders can use the below mentioned levels Close above 357 target 364/369. Intraday Traders can use the below mentioned levels Buy above 358.5 Tgt 362,365 and 369 SL 356 Sell below 353 Tgt 351.5,349 and 347 SL 355 Shri Rama Transport Intraday Traders can use the below mentioned levels Buy… Read More »
FII’s sold 2 K contract of Index Future worth 120 cores ,1 K Long contract were added by FII’s and 3.1 K short contracts were added by FII’s. Net Open Interest increased by 4.2 K contract, so today’s rise in market was used by FII’s to enter long and enter shorts in Index futures. Trade as… Read More »
As discussed in previous analysis Bank Nifty broke support near gann arc and trendline as shown in below 2 charts, Bank Nifty closed below 16850 bank nifty moving towards 16587/16300. Low made today was 16573 near 16587, and bounced back forming a hammer candlestick. Holding today’s low can see move towards 16880/17031. Trade as per… Read More »
You want to be trading opportunity, not your mood of the moment. – Brett Steenbarger Many traders I have interacted during my training session, one of the basic reason for loss is trading on mood, Somehow trader gets a feel and he does some aggressive trade which ultimately lead to “BIG LOSSES”. So lets discuss… Read More »