FII’s bought 18.8 K contract of Index Future worth 1030 cores ,18.5 K Long contract were added by FII’s and 342 short contracts were covered by FII’s. Net Open Interest increased by 18.1 K contract, so fall in market was used by FII’s to enter long and exit shorts in Index futures. What Constitutes 80% Of… Read More »
As discussed in last analysis Also Weekly Analysis Black Swan harmonic pattern which got completed at 13810 and we saw the expected rally above 14150.We need to close above 14524 for next move towards 14745/14965. Bank Nifty made high of 14600 and saw immediate selling pressure and closed just above 14150, till we close above… Read More »
80% of trading is behavioral, maybe only 20% is based on the other things that a trader does. Like much of personal finance it is not the math but the behavior that makes all the difference. Most people’s problem with being broke does not lie in their budget it is due to their behavior of… Read More »
We are reproducing article written by well-known Uma Shashikant in TOI: There is a common disease among investors. They love to cast themselves in the same mould as Warren Buffet. They are forever asking if there is a bargain in buying stocks that have been hammered down. This tactic is not very different from buying… Read More »
FII’s bought 17.7 K contract of Index Future worth 915 cores ,11 K Long contract were added by FII’s and 6.6 K short contracts were covered by FII’s. Net Open Interest increased by 4.3 K contract, so rise in market was used by FII’s to enter long and exit shorts in Index futures. Why Most Traders… Read More »
As discussed in last analysis Nifty continued with the fall and closed near its 200 W SMA also forming a Hammer candlestick near the gann arc, suggesting we are near bottom for the time being. Bulls need to close above 14338. Till it do not close above 14338 any rise will be short covering rally… Read More »
Failure is part and parcel of trading but till a certain limit. At first if you don’t succeed, try, try again. And when you fail as a trader repeatedly fail and bust your trading account, is it’s wise to continue trading ? Long ago psychologists mapped out something called the inverted U theory of stress and… Read More »
Arvind Positional/Swing Traders can use the below mentioned levels Close above 275 Tgt 288 Intraday Traders can use the below mentioned levels Buy above 276 Tgt 279,281 and 284 SL 273 Sell below 270 Tgt 266,263 and 259 SL 273 HDFC Bank Positional/Swing Traders can use the below mentioned levels Close above 980 Tgt… Read More »
Last Week we gave Chopad Level 15170 Bank Nifty short initiated below chopad levels on Monday did all target in downside by Tuesday.Lets analyze how to trade Bank Nifty in coming week. Bank Nifty Hourly As discussed last week Bank Nifty broke the 180 degree support and quickly saw fall till 225, did not close… Read More »
Last Week we gave Chopad Levels of 7455 , Nifty gave short entry on Monday and did all 3 targets by Wednesday thus rewarding discipline chopad followers by 175 points in matter of 3 trading sessions, Nifty was unable to close above the Chopad level of 7455 throughout the week. Nifty had the worst weekly… Read More »