Monthly Archives: May 2016

Nifty close below 7777,EOD Analysis

By | May 21, 2016 7:45 pm

FII’s sold 751 contract of Index Future worth 44.9 cores ,4.1 K Long contract were liquidated by FII’s and 3.3 K short contracts were liquidated by FII’s. Net Open Interest decreased  by 7.5 K contract, so fall in market was used by FII’s to exit long and shorts  in  Index futures.Impossible Is Nothing As discussed in… Read More »

Bank Nifty close below 16500,EOD Analysis

By | May 21, 2016 5:16 pm

As discussed in last analysis   As we have gann trendline also near 16500, so need to be extra cautious in coming week as if 16500 get broken we can see quick downfall till 16300-16250. Bullish only on close above 16792. We closed below 16500, fall was seen in last 30 minutes of trade, so we need… Read More »

Impossible Is Nothing

By | May 20, 2016 6:12 pm

Take a certain goal of yours and double it. Or triple it. Or multiply it by 10. And then ask yourself, quite seriously, what you would have to do to achieve that new goal. I used this game recently with a friend who holds a position in sales. He came to see me because he… Read More »

Century Textile Ambuja Cement and Bata India Chart Pattern

By | May 20, 2016 8:59 am

Century Textile Positional/Swing Traders can use the below mentioned levels Close above 597 Tgt 610/623 Intraday Traders can use the below mentioned levels Buy above 594 Tgt 598,604 and 610 SL 590 Sell below 588 Tgt 584,576 and 560 SL 592   Ambuja Cement Positional/Swing Traders can use the below mentioned levels Holding  212 Tgt… Read More »

Nifty near gann trendline,EOD Analysis

By | May 20, 2016 12:37 am

Dear All, I got caught up with some urgent, unavoidable work, which kept me away from posting on site from last 2 days, I thanks all my lovely readers for their concern via different means of communication. Inconvenience caused is regretted. FII’s sold 4.7 K contract of Index Future worth 293 cores ,3.1 K Long… Read More »

The Importance of Keeping a Trading Journal

By | May 17, 2016 4:23 pm

Trading is a process of continuous learning. If a trader pays close attention to what was done wrong or could have been done differently in past trades, a trader can greatly improve future performance. For example, a trader may notice that there is some commonality in certain trading situations. In fact, by doing a postmortem… Read More »