Last Week we gave Chopad Levels of 7921 , Nifty gave Short entry on Monday which did 1 target on Monday Low made was 7842 near our 1 target of 7850 also very crucial gann level. Longs taken got Stopped out on Wednesday. It was lowest range of Nifty in past many weeks, range was… Read More »
TREND LINES Technical analysis is built on the assumption that prices trend. Trend lines are an important tool in technical analysis for both trend identification and confirmation. A trend line is a straight line that connects two or more price points and then extends into the future to act as a line of support or… Read More »
FII’s bought 9.7 K contract of Index Future worth 540 cores ,5.8 K Long contract were added by FII’s and 3.8 K short contracts were liquidated by FII’s. Net Open Interest increased by 2 K contract, so fall in market was used by FII’s to enter long and exit shorts in Index futures. If only our… Read More »
As discussed in last analysis As per gann arcs, Support is in range of 16400-16500 and resistance at 16800. Breakout above 16800 for a move towards 17000,Breakdown below 16500 for a move towards 16300-16250. High made 16755 and Low 16549, Now for coming week Only close above 16800 can fuel the expiry rally towards 17000,… Read More »
“I do not wish to work under someone. I want to run my own business. For that, I need capital and experience. So I am working as a sales representative in an organization. But in this profession, I have to go from house to house; organization to organization. In order to meet a person, I… Read More »
Ashok Leyland Intraday Traders can use the below mentioned levels Buy above 107.2 Tgt 108.2,109.3 and 110.3 SL 106.6 Sell below 105 Tgt 104,103 and 102 SL 106 BPCL Positional/Swing Traders can use the below mentioned levels Unable to close above 987 Tgt 954/932/898 Intraday Traders can use the below mentioned levels Buy… Read More »
FII’s sold 1.5 K contract of Index Future worth 74 cores ,2.7 K Long contract were added by FII’s and 4.3 K short contracts were added by FII’s. Net Open Interest increased by 7.1 K contract, so fall in market was used by FII’s to enter long and enter shorts in Index futures.How Fear and Greed… Read More »
As discussed in last analysis Till 16000 is held bulls hope are alive for a move till 16500/16700 zone. Bank Nifty made high of 16770 but closed below 16700. As per gann arcs, Support is in range of 16400-16500 and resistance at 16800. Breakout above 16800 for a move towards 17000,Breakdown below 16500 for a… Read More »
The most difficult aspect of trading is “handling your own emotions”as a Human Being we are emotional and if emotions are removed out of us there will not be difference between Robot and Humans. As a trader its always good to be MINDFUL about our emotions and this is what a great trader have done,… Read More »
Grasim Positional/Swing Traders can use the below mentioned levels Close above 4094 Tgt 4181/4270 Intraday Traders can use the below mentioned levels Buy above 4100 Tgt 4120,4135 and 4177 SL 4090 Sell below 4085 Tgt 4060,4040 and 4015 SL 4096 ONGC Positional/Swing Traders can use the below mentioned levels Close above 212 Tgt… Read More »