Having self-discipline in trading is the ability to follow through your trading plan effortlessly without getting swayed away by news and views of other traders. “The path of least resistance is what makes all rivers and some men crooked.” – Napoleon Hill Self-discipline is the ability to make the conscious choice (ultimately it becomes a… Read More »
VEDL Positional/Swing Traders can use the below mentioned levels Close above 91 Tgt 94/97 Intraday Traders can use the below mentioned levels Buy above 91.2 Tgt 92,93 and 94 SL 90.3 Sell below 89.5 Tgt 88.9,88 and 87 SL 90.3 UPL Positional/Swing Traders can use the below mentioned levels Close above 478 Tgt 495… Read More »
FII’s sold 371 contract of Index Future worth 28 cores ,685 Long contract were added by FII’s and 1 K short contracts were added by FII’s. Net Open Interest increased by 371 contract, so rise in Nifty market was used by FII’s to enter long and enter shorts in Index futures.Build your Trading Confidence As we… Read More »
As discussed in last analysis Breakout above 15650 and breakdown below 15450, in between will remain choppy. Low made today 15440 near gann arc, as soon as its touched Bank Nifty reacted violently moving almost 200 points in matter of minutes and bank nifty broke above 15650, and closing above 15704 suggesting we can see… Read More »
Confidence can be an important psychological tool for the trader – important enough to make the difference between a winning trade and a losing trade. When you develop your trading plan, it is obviously important that you have confidence in its accuracy and usefulness and in your belief that you can follow your plan closely… Read More »
Maruti Positional/Swing Traders can use the below mentioned levels Close above 3445 Tgt 3571 Intraday Traders can use the below mentioned levels Buy above 3445 Tgt 3463,3480 and 3520 SL 3430 Sell below 3407 Tgt 3385,3355 and 3333 SL 3420 Axis Bank Positional/Swing Traders can use the below mentioned levels Close above 423 Tgt… Read More »
Last Week we gave Chopad Level 16200 Bank Nifty gave Short Entry on Monday as close below chopad level of 16200 and did all 3 target on downside by Thuesday, Lets analyze how to trade Bank Nifty in coming Week as we have only 3 trading days as 14 and 15 are trading Holidays. Bank… Read More »
Last Week we gave Chopad Levels of 7740 , Nifty gave Long entry on Monday and got Stopped out on Tuesday at opening but gave Short entry as Open was 7736 below chopad levels and did all 3 target by Tuesday hence rewarding disciplined chopad levels . Lets analyses how to trade nifty in coming… Read More »
FII’s sold 15.3 K contract of Index Future worth 897 cores ,6.2 K Long contract were liquidated by FII’s and 9 K short contracts were added by FII’s. Net Open Interest increased by 2.8 K contract, so rise in Nifty market was used by FII’s to exit long and enter shorts in Index futures.Safest place for… Read More »
Bank Nifty today closed above 15550 but took support and resistance at gann arc as shown below, suggesting both bull and bears are in dilemma, Breakout above 15650 and breakdown below 15450, in between will remain choppy. Safest place for a ship is the harbour but it was never built to stay there…. Bank Nifty… Read More »