FII’s sold 5.5 K contract of Index Future worth 165 cores,3.6 K Long contract were squared off by FII’s and 1.9 K short contracts were added by FII’s. Net Open Interest decreased by 1.7 K contract.How to move from Unsuccessful trader to Profitable trader Nifty continued with its rally forming higher high and higher low pattern. Till… Read More »
Most people enter trading with the idea that they are going to make a lot of money. In other words, they have high expectations. There is nothing inherently wrong with that idea. In fact, we need motivation, and making a lot of money can be a great a motivator. Unfortunately, many traders also have low… Read More »
From a psychological point of view nobody wants to sell at a loss as in most situations in life making mistakes and admitting them is associated with being a loser. That’s why most people prefer sticking to a losing position. They don’t want to be labeled a loser. So they start hoping their position will… Read More »
Bajaj Auto Intraday Traders can use the below mentioned levels Buy above 2111 Tgt 2122,2139 and 2160 SL 2093 Sell below 2090 Tgt 2082,2066 and 2053 SL 2098 Hindalco Any close below 136 short term target 131. Intraday Traders can use the below mentioned levels Buy above 138.2 Tgt 139,140 and 141.2 SL 137… Read More »
Last week we gave the Chopad level of 18686 Bank Nifty achieved 1 target on upside and 1 target on downside .Lets analyze how to trade next week. Bank Nifty Hourly Bank Nifty on hourly charts is forming triangle pattern suggesting breakout/breakdown. Till trading above 18707/18637 bias on bullish for target of 19000/19250. Bank Nifty… Read More »
Last week we gave Chopad Levels of 8627 , Nifty did 2 target on upside and missed 3 target by 19 points and got stopped out on downside. We have trading holiday in coming week, IIP data came good and CPI data will be coming on Monday. Lets analyze how to trade market in coming… Read More »
FII’s sold 3.6 K contract of Index Future worth 214 cores,614 Long contract were added by FII’s and 4.2 K short contracts were added by FII’s. Net Open Interest increased by 4.9 K contract.Why Traders cannot stick to their trading Plan? Nifty continued with its rally forming higher high and higher low pattern. Till 8682 is not… Read More »
During my Initial days of trading My Guru emphasized me to the stick to my trading plan in order to become profitable in the long run. Coming up with a trade plan is the easy part, sticking to it is easier said than done. During my Coaching Session most of students have confessed they cannot… Read More »
JSW Energy Unable to close above 123 stock is heading back to 110. Intraday Traders can use the below mentioned levels Buy above 120.5 Tgt 121.5,122.2 and 124.5 SL 119.9 Sell below 119.5 Tgt 118.5,118 and 117SL 120.4 BPCL Intraday Traders can use the below mentioned levels Buy above 819 Tgt 824,828 and 835… Read More »
FII’s bought 7.8 K contract of Index Future worth 248 cores,4 K Long contract were added by FII’s and 3.8 K short contracts were squared off by FII’s. Net Open Interest increased by 123 contract. Satyam India’s Enron : How the Scandal Unfolded Nifty continued with its rally forming higher high and higher low pattern.As discussed yesterday… Read More »