HDIL Holding 110 stock is heading back to 115/121. Intraday Traders can use the below mentioned levels Buy above 113.3 Tgt 114.4,115.9 and 117 SL 112 Sell below 111.5 Tgt 110.5,109 and 107.7 SL 112 Tata Motors Any close above 576 stock is heading 589. Intraday Traders can use the below mentioned levels Buy… Read More »
FII’s sold 21.8 K contract of Index Future worth 487 cores,21.1 K Long contract were squared off by FII’s and 608 short contracts were added by FII’s. Net Open Interest decreased by 20 K contract. After yesterday consolidation with formation of DOJI candlestick, Nifty saw a volatile move today, Range for the day was just 120 points but… Read More »
Ed Seykota’s Trading Style My style is basically trend following, with some special pattern recognition and money management algorithms. In order of importance to me are: (1) the long-term trend, (2) the current chart pattern, and (3) picking a good spot to buy or sell. Those are the three primary components of my trading. Way down in… Read More »
Asian Paint Any close above 843 stock is heading to 898. Intraday Traders can use the below mentioned levels Buy above 836 Tgt 842,852 and 860 SL 831 Sell below 825 Tgt 816,810 and 798 SL 830 LT 1686 is Trend Chager level for LT, close above it stock will move towards 1740. Any close… Read More »
FII’s sold 7.9 K contract of Index Future worth 139 cores,7.5 K Long contract were squared off by FII’s and 401 short contracts were added by FII’s. Net Open Interest decreased by 7.1 K contract. After the Big fall on Friday,today was the perfect day of consolidation with formation of DOJI candlestick, As per Pyrapoint Analysis 135 degree… Read More »
How could an experienced trader lose his entire fortune? Why didn’t Jesse Livermore follow his own trading rules? – rules that should quickly have closed his losing positions. In 1917, with great foresight, Jesse Livermore had bought $800,000 worth of annuities. His objective was to ensure his family had an income in case he lost… Read More »
LIC Housing Any close below 444 stock is heading to 432/411 Intraday Traders can use the below mentioned levels Buy above 448 Tgt 451,454 and 458 SL 446 Sell below 444 Tgt 442,440 and 436 SL 446 BHEL Any close below 254 stock is heading to 246/241/238. Intraday Traders can use the below mentioned… Read More »
Last week we gave the Chopad level of 19596 Bank Nifty achieved 3 target on downside .Lets analyze how to trade next week. Bank Nifty Hourly Bank Nifty took support at the trendline @18750 and closed near it. 2 Demand zones are marked in above chart, 18500 and 18300 respectively. Break and close below 18750… Read More »
Last week we gave Chopad Levels of 8936 Nifty opened at 8891 below chopad levels and did 2 target on downside rewarding Chopad followers with 170 points. Last week is the biggest weekly loss for CY2015 . Lets analyze how to trade next week. Nifty Hourly Chart Nifty Hourly charts has broken its trendline support… Read More »
In Continuation of Previous article Harami The Harami pattern is a real small body that is contained within what the Japanese call an “unusually long black body or white real body.” “Harami” is an old Japanese word for pregnant. The Japanese nickname for the long candle is the “mother” candle and the small candle is the “baby”… Read More »