As discussed in last analysis Bank Nifty updated butterfly pattern is shown below, PRZ zone comes in range of 16000-16080, where we are also seeing shark pattern completion also shown below, so range of 16000-16080 is very very crucial till expiry. As seen in below chart, Bank nifty is also near the channel resistance which… Read More »
To be a successful trader you need to find a “Trading Style” which suits you “THE BEST” , in terms of risk appetite, stress,money management. A trader who is not comfortable with his trading style or has not found trading style are the one who commits the trading sins and blow of their trading account.… Read More »
The Arms Index (also known as TRIN, an acronym for TRading INdex) was developed in 1967 by Richard Arms. It is a volume-based indicator that determines market strength and breadth by analyzing the relationship between advancing and declining issues and their respective volume. The Arms index is used to measure intraday market supply and demand,… Read More »
Auspicious red.Sun kissed gold.Soothing silver.Pretty purple.Blissful blue.Forever green.I wish u N all family members the most colorful holi to all Blog Readers. Holi is a Sanskrit word which is also known as Spring Festival and sometimes, also referred to as the Festival of Love. Messages Of Love, Celebration And Harmony 1. Evil May Seem… Read More »
Why do most fail? No Passion for Trading When people come into the world of trading many think that they only need to learn a strategy and follow the rules of that strategy. And, there are some people who actually do this for awhile. The problem with those who do not first get a good… Read More »
Cummins Positional/Swing Traders can use the below mentioned levels Close above 898 Tgt 932/953 Intraday Traders can use the below mentioned levels Buy above 890 Tgt 898,908 and 920 SL 888 Sell below 878 Tgt 868,858 and 850 SL 888 SBI Positional/Swing Traders can use the below mentioned levels Close above 199 Tgt… Read More »
FII’s bought 2.8 K contract of Index Future worth 200 cores ,4.9 K Long contract were added by FII’s and 2.1 K short contracts were added by FII’s. Net Open Interest increased by 7 K contract, so rise in Nifty market was used by FII’s to enter long and enter shorts in Index futures.Are You Emotional… Read More »
As discussed in last analysis Bank Nifty made high of 15945 where it complete the Butterfly pattern also as discussed in Weekly Analysis Bank . Now Next 100 points range of 15945-16049 is very crucial where we will see lot of supply coming, unable to cross Bank Nifty can see 200-300 point correction. Bank Nifty… Read More »
Emotions plays vital role in trading success and failure. Emotional trader can never be able to trade profitably as An emotional trader is likely to act impulsively and make trading errors. Emotions of Greed can come when you are in good profits instead of booking you get overpowered by your emotion and move away from… Read More »
Kotak Bank Positional/Swing Traders can use the below mentioned levels Close above 665 Tgt 699 Intraday Traders can use the below mentioned levels Buy above 665 Tgt 668,672 and 679 SL 662 Sell below 659 Tgt 656,650 and 645 SL 662 BEML Positional/Swing Traders can use the below mentioned levels Closing above 1076 Tgt… Read More »