Monthly Archives: January 2016

Bank Nifty near gann arc,EOD Analysis

By | January 9, 2016 10:50 am

As discussed in Last Analysis  Bank Nifty did the final target of shark pattern and showed bounce back, but closed below the demand zone of 16286mBank Nifty made high of 16229 and was unable to close above 16286, and which increases probability of Bank Nifty going towards 15762/15800. Bullish only above 16300 Keep Your Dream… Read More »

Keep Your Dream

By | January 8, 2016 4:08 pm

I have a friend named Monty Roberts who owns a horse ranch in San Ysidro. He has let me use his house to put on fund-raising events to raise money for youth at risk programs. The last time I was there he introduced me by saying: “I want to tell you why I let Jack… Read More »

Before Taking Trades Check your state of mind

By | January 7, 2016 3:53 pm

Self-awareness Self-awareness is a character trait that is important for being successful, not only as a trader, but in life in general. Self-awareness means that you are aware of yourself. This can include your strengths and weaknesses or your current state of mind and your emotional status. Daily self-awareness and the ability to assess your… Read More »

Reliance,ICICI Bank and GAIL Swing trading analysis

By | January 7, 2016 8:49 am

Reliance Positional/Swing Traders can use the below mentioned levels Close above 1036 Tgt 1067 Intraday Traders can use the below mentioned levels Buy above 1024 Tgt 1033,1041 and 1050 SL 1020 Sell below 1015 Tgt 1009,1000 and 987 SL 1020 GAIL   Positional/Swing Traders can use the below mentioned levels Close above 374 Tgt 378/381… Read More »

Bank Nifty near trendline support,EOD Analysis

By | January 6, 2016 11:17 pm

Bank Nifty did the Shark pattern target 16523 , and should now head for the next target of 16254 as Bank nifty sustained below 16450,We have trendline support at 16292. Price action near 16254-16280 is important to know the next move.Bullish only on close above 16771.Think Less & Keep It Simple Bank Nifty December Future… Read More »

Think Less & Keep It Simple

By | January 6, 2016 4:26 pm

One of the most difficult things to get traders to understand is that no matter how much they research apply n number of indicator, they will probably do better if they did less and follow a single strategy.  We as Human beings are wired to accumulate and analyzed lot of information ,This is certainly counter-intuitive, when… Read More »