I am often asked during my trading sessions – how long does it take to learn how to trade ? That is a tough question to answer. The short answer is that a DISCIPLINE and COMMITTED person can learn the basics of trading in a couple months. The long answer is that it can take… Read More »
Arvind Positional/Swing Traders can use the below mentioned levels Close above 278 Tgt 287/300 Intraday Traders can use the below mentioned levels Buy above 279 Tgt 281.5,283 and 285.2 SL 278 Sell below 277.5 Tgt 275,272 and 269 SL 279 ITC Positional/Swing Traders can use the below mentioned levels Holding 322 Tgt 333/344 Intraday Traders… Read More »
FII’s bought 14.8 K contract of Index Future worth 861 cores ,8 K Long contract were added by FII’s and 6.8 K short contracts were liquidated by FII’s. Net Open Interest increased by 1.1 K contract, so rise/fall in Nifty market was used by FII’s to enter long and exit shorts in Index futures. How to… Read More »
As discussed in Last Analysis Bank Nifty has been closing above 15136 from past 6 days, 7 is a gann number so expect trending move in next 2 trading days. Support has increased in range of 14900-15000. Resistance in range of 15400-15440. Bank Nifty made High of 15417 and low of 15220, so again close… Read More »
The Mind of the Losing Trader Winning Traders have faith in their trading system and do not jump from one system to another during losing steak. Almost all winning traders have come back from blowing up their accounts or losing a lot of money, they persevered while many others quit before they won. You… Read More »
Bata India Intraday Traders can use the below mentioned levels Buy above 496 Tgt 499,505 and 511 SL 493 Sell below 489 Tgt 485,481 and 475 SL 493 Godrej CP Positional/Swing Traders can use the below mentioned levels Close above 1314 Tgt 1364 Intraday Traders can use the below mentioned levels Buy above 1306… Read More »
Last Week we gave Chopad Level 15451 Bank Nifty did not initiate any trade as did not come near the Chopad levels.Lets analyze how to trade Bank Nifty in coming Week. Bank Nifty Hourly Till Holding above 21/34 EMA bulls are in control for a rise till channel top near 15700/15800 Bank Nifty Harmonic… Read More »
Last Week we gave Chopad Levels of 7512 , Nifty gave short entry on Monday and did all 1 targets on downside by Wednesday and gave long entry on Wednesday which got Stop out on Thursday and Short taken again on Thursday did 1 Tgt on Friday. It was a topsy turvy ride after 6.5%… Read More »
FII’s bought 16.6 K contract of Index Future worth 931 cores ,15.7 K Long contract were added by FII’s and 0.09 K short contracts were liquidated by FII’s. Net Open Interest increased by 14.8 K contract, so fall /rise in Nifty market was used by FII’s to enter long and exit shorts in Index futures. Inspirational… Read More »
Bank Nifty made low of 15024 but again managed to close above 15136 just near the gann horizontal gann line, which had been proving resistance in past,closing above the same can see another move towards 15555 . Bank Nifty has been closing above 15136 from past 6 days, 7 is a gann number so expect… Read More »