Yearly Archives: 2015

National Herald case in a Nut Shell

By | December 10, 2015 11:14 am

I generally do not discuss Politics on my site but Seeing the Mockery Congrees is creating in Parliament and obstructing country growth by not letting Parliament run Let me explain to my Readers all the Fuss about National Herald  case in which Mrs Sonia Gandhi and Rahul Gandhi have been asked to be present in… Read More »

Lupin,Glenmark and ICICI Bank Supply demand Analysis

By | December 10, 2015 9:00 am

Glenmark Positional/Swing Traders can use the below mentioned levels Close below 880 target 850/807. Intraday Traders can use the below mentioned levels Buy above 895 Tgt 910,922 and 943 SL 888 Sell below 880 Tgt 864,850 and 815 SL 885 Lupin Positional/Swing Traders can use the below mentioned levels Close below 1740 target 1686/1652. Intraday… Read More »

Nifty heading towards a new swing low,EOD Analysis

By | December 9, 2015 11:00 pm

FII’s sold 1.5 K contract of Index Future worth 122 cores ,4.2 K Long contract were added by FII’s and 5.8 K  short contracts were added by FII’s. Net Open Interest increased  by 10 K contract, so today’s fall  in market was used by FII’s to enter long and  enter shorts in  Index futures. Are You… Read More »

Will Bank Nifty hold 16587,EOD Analysis

By | December 9, 2015 10:46 pm

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 16626 near 16587, Once 16587 is broken we can move towards 16300. Close above 16850 is important  for move towards 17170/17396.… Read More »

From Gambling to Trading: Mindset Shifts That Help You Win

By | December 9, 2015 5:18 pm

Trading success does not fall into our laps, sadly. The reason is to do with our inability to recognise a few simple universal laws and follow them. Our trading psychology is dominated by our ego and this prevents us from opening up to new ideas and change our habitual thinking and our trading minds. In… Read More »

Harmonic Pattern Trading :KSCL,Bharat Forge and Al Bank

By | December 9, 2015 6:55 am

KSCL Positional/Swing Traders can use the below mentioned levels Close above 398 target 411/422. Intraday Traders can use the below mentioned levels Buy above 398 Tgt 401,407 and 411 SL 395 Sell below 393 Tgt 390,385 and 378 SL 395   Bharat Forge   Positional/Swing Traders can use the below mentioned levels Close above 843… Read More »

Nifty closes below 7767, EOD Analysis

By | December 8, 2015 10:54 pm

FII’s sold 3 K contract of Index Future worth 191 cores ,3.6 K Long contract were liquidated by FII’s and 0.05 K  short contracts were liquidated by FII’s. Net Open Interest decreased  by 4.1 K contract, so today’s fall  in market was used by FII’s to exit long and  exit shorts in  Index futures. Are You… Read More »

Bank Nifty breaks demand zone,EOD Analysis

By | December 8, 2015 8:53 pm

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. Close above 16850 is important  for move towards 17170/17396. Are You a Trader or a Gambler?   Bank Nifty December Future Open Interest Volume is at 21.4 lakh with addition… Read More »

Infosys,Reliance and Bharat Forge Swing Trading

By | December 8, 2015 8:43 am

Infosys  Positional/Swing Traders can use the below mentioned levels Holding  1040 Target 1075. Intraday Traders can use the below mentioned levels Buy above 1049 Tgt 1056,1067 and 1075 SL 1042 Sell below 1037 Tgt 1030,1020 and 1010 SL 1043   Bharat Forge Positional/Swing Traders can use the below mentioned levels Close above 843 target 870/898.… Read More »