Last Week we gave Chopad Level 15650 Bank Nifty opened at 15565 below chopad levels and did all target in downside.Lets analyze how to trade Bank Nifty in coming week. Bank Nifty Hourly Bank Nifty broke the 180 degree support and quickly saw fall till 225, did not close below the support and again gave… Read More »
Last Week we gave Chopad Levels of 7457 , Nifty gave short entry on Monday made High of 7600 and did all 3 targets by Wednesday thus rewarding discipline chopad followers by 200 points in matter of 3 trading sessions, Nifty was unable to close above the Chopad level of 7593 throughout the week. Lets… Read More »
Futures volume and Open interest are significant factors to monitor when trading Futures and Options. Let’s Understand the two terms in Detail Open interest is the total number of futures or options position which have not been closed.It is an indicator of the depth or liquidity of a futures market, which influences the ability to… Read More »
FII’s bought 600 contract of Index Future worth 23 cores ,4 K Long contract were added by FII’s and 3 K short contracts were added by FII’s. Net Open Interest increased by 7.5 K contract, so rise in market was used by FII’s to enter long and enter shorts in Index futures. How To Improve Trading… Read More »
As discussed in last analysis Bank Nifty is forming a SHARK Pattern in hourly so holding 14754 we can see bounce back till 15237 in next 2 days. Bank Nifty did target as shown in below chart high made was 15212, now bulls needs close above 15250 for next round of move till 15500/15600. Breakout… Read More »
Paul Tudor Jones II (born September 28, 1954) is an American businessman who founded Tudor Investment Corporation, a private asset management company and hedge fund. As of March 2014, he was estimated to have a net worth of US$4.3 billion by Forbes Magazine and ranked as the 108th richest American[3] and 345th richest in the… Read More »
Bharti Airtel Positional/Swing Traders can use the below mentioned levels Close above 306 Tgt 322 Intraday Traders can use the below mentioned levels Buy above 304 Tgt 306,309 and 313 SL 302 Sell below 301 Tgt 299,296 and 290 SL 302.8 HDFC Bank Positional/Swing Traders can use the below mentioned levels Close above 1050… Read More »
FII’s bought 16.7 K contract of Index Future worth 890 cores ,9.7 K Long contract were added by FII’s and 6.9 K short contracts were liquidated by FII’s. Net Open Interest increased by 2.7 K contract, so rise in market was used by FII’s to enter long and exit shorts in Index futures. How To Improve… Read More »
As discussed in last analysis Bank Nifty made low of 14777 near the last swing low of 14754 as we have been expecting after it broke the gann arc, Now if we hold 14750 we can see bounceback till 15000/15237, Bank Nifty opened with a gap up made high of 14978 corrected till 14761 near… Read More »
Holding on to losing trades and getting rid of winning trades. Here we go again: the old but I dont like to lose argument. Its human nature to hold onto losses in the hopes that they will rebound. You will have losing trades; get used to that fact. Focusing on how you manage loss rather… Read More »