ONGC Any close above 322 stock is heading back to 330/337/343. Intraday Traders can use the below mentioned levels Buy above 315 Tgt 318,320 and 322 SL 314.4 Sell below 313 Tgt 310,308 and 303 SL 314.4 IRB Any close above 241 stock is heading back to 246/254. Intraday Traders can use the below mentioned… Read More »
FII’s sold 34.1 K contract of Index Future worth 809 cores, 20.2 K Long contract were squared off by FII’s and 13.8 K short contracts were added by FII’s. Net Open Interest decreased by 6.4 K contract. Nifty continued with its decline correcting 442 points in 4 trading session and in the process broke its budget day… Read More »
Winning traders take responsibility for all their trades win or lose. Losing traders play the victim of algos, the RBI, and blame the markets for their losses. Winners have a trading plan Losing Traders have emotions, ego, and blame. Winners find a way to be profitable. Losing Traders find an excuse why… Read More »
Yesterday Apple gathered the press to give the world I Watch, this event when Correlated with Apple Stock can be used for case study and planning trade in similar situation around the world.
Tata Motors DVR Any close above 343 stock is heading to 350/354 Intraday Traders can use the below mentioned levels Buy above 343 Tgt 345,348 and 350 SL 341 Sell below 338 Tgt 336,333 and 331 SL 341 UBL Unable to close above 1021 stock is heading to 1008/987/966. Intraday Traders can use the… Read More »
FII’s sold 79.1 K contract of Index Future worth 1884 cores, 61.3 K Long contract were squared off by FII’s and 17.7 K short contracts were added by FII’s. Net Open Interest decreased by 43.6 K contract. Nifty saw the biggest fall in 2 months (Why Sensex Crashed 600 Points, Biggest Fall in 2 months) down 181… Read More »
Sensex corrected by 550 points Nifty almost 200 Points making today as Black Monday,biggest decline in 2 months. Last big decline was seen on 06 Jan 2015. Budget was good market rallying and out of no where we saw a correction. I am discussing few points below which would had led to the correction. Concerns… Read More »
ACC Any close below 1686 stock is heading to 1652/1631. Intraday Traders can use the below mentioned levels Buy above 1701 Tgt 1726,1754 and 1780 SL 1690 Sell below 1686 Tgt 1672,1650 and 1620 SL 1695 LT 1825 should be watched any close below it stock is heading back to 1741. Intraday Traders can… Read More »
Last week we gave the Chopad level of 19986 Bank Nifty achieved 3 target on upside and 2 target on downside, We have inflation and CPI data coming on 12 March which will be closely watched by market.Lets analyze how to trade next week. Bank Nifty Hourly Bank Nifty took support at the trendline @18400… Read More »
Last week we gave Chopad Levels of 8936 Nifty did 2 target on upside and 1 target on downside in a volatile week which saw RBI cutting rate. Lets analyze how to trade next week. Nifty Hourly Chart Nifty Hourly charts took support at its lower trendline but closed below its 34 EMA,suggesting weakness on… Read More »