Today lets discuss stock market trading systems called larry williams OOPS trading System which can be used for pattern applicable on ALL time frames, 1 minute, 5 minutes, hourly, daily, weekly, monthly or yearly stock market trading systems History: Back in 1979 Larry Williams published a description of a short-term trading method that is based… Read More »
FII’s bought 15.6 K contract of Index Future worth 883 cores ,15.1 K Long contract were added by FII’s and 0.5 K short contracts were covered by FII’s. Net Open Interest increased by 14.5 K contract, so fall in market was used by FII’s to enter long and enter shorts in Index futures. Finding a 100… Read More »
As discussed in last analysis Now Bank Nifty is near its 200 W SMA, which if broken on weekly closing basis can see Bank nifty declining all the way till 12500-12800. Next demand zone lies 13600. Nifty continued with the fall and closed near its 200 W SMA also forming a Hammer candlestick near the… Read More »
During my interaction with traders during my trading course,I came to know most of traders who loose money will keep changing their trading system the day it give them a loss. Till its milking money traders stick to it, but if 2-3 trades goes wrong they will keep the trading system on back burner and… Read More »
Canara Bank Intraday Traders can use the below mentioned levels Buy above 174 Tgt 176,181 and 185 SL 172.5 Sell below 170 Tgt 166.5,161 and 157 SL 172.5 Hind Petro Positional/Swing Traders can use the below mentioned levels Close below 665 157 Tgt 644/631 Intraday Traders can use the below mentioned levels Buy… Read More »
FII’s bought 8.5 K contract of Index Future worth 415 cores ,10.4 K Long contract were added by FII’s and 1.8 K short contracts were added by FII’s. Net Open Interest increased by 12.2 K contract, so fall in market was used by FII’s to enter long and enter shorts in Index futures. Nifty Crashes 1000… Read More »
As discussed in last analysis If Bank nifty continue to trade below 14500 we can head towards 14338 which is PRZ of ABCD pattern and Weekly supply zone also as shown in below 2 chart. Bullish only on close above 15000, Bank Nifty broke 14338 did not stop hence invalidate the ABCD pattern and also demand… Read More »
The BSE Sensex plunged over 700 points and Nifty declined over 220 points and Nifty closing below 7000 lowest sinse May 2013. Nifty has now corrected 1000 points in last 66 trading sessions. Let me put the reason from both Technical and Fundamental Perceptive, Below is the complied list of fall in sensex from ET.… Read More »
SBIN Positional/Swing Traders can use the below mentioned levels Holding 157 Tgt 165/178 Intraday Traders can use the below mentioned levels Buy above 161.5 Tgt 164,168 and 172 SL 160 Sell below 158 Tgt 156,153 and 149 SL 159.5 Bank India Positional/Swing Traders can use the below mentioned levels Holding 89 Tgt 94/97 Intraday… Read More »
FII’s sold 9 K contract of Index Future worth 417 cores ,65 Long contract were added by FII’s and 9 K short contracts were added by FII’s. Net Open Interest increased by 9.1 K contract, so fall in market was used by FII’s to enter small qty long and enter good amount of shorts in Index… Read More »