FII’s bought 4.1 K contract of Index Future worth 257 cores ,2 K Long contract were added by FII’s and 2 K short contracts were liquidated by FII’s. Net Open Interest decreased by 23 contract, so rise in market was used by FII’s to enter long and exit shorts in Index futures.Mental Toughness Required by Traders… Read More »
As discussed in last analysis As Bulls closed above 17670 and gann arc suggesting we can see next move till 18000 and bears will get active only on close below 17500 as shown in below gann chart. High made today was 18000 at gann arc , so Bank Nifty did the target once we close… Read More »
In Continuation with Previous Article Reacting to Losses So we have a string of losers… we follow our strategy perfectly, take positions in good quality names in sound consolidation patters. We have 5 positions open. One by one we get stopped out. We have a 10% draw down. How do you react to this? Do… Read More »
IDBI Positional Traders can use the below mentioned levels Close above 65 Tgt 67/70 Intraday Traders can use the below mentioned levels Buy above 65 Tgt 65.6,66.4 and 67.3 SL 64.5 Sell below 63.7 Tgt 63,62.3 and 61 SL 64.2 ICICI BANK Positional Traders can use the below mentioned levels Close above 246 Tgt 254… Read More »
FII’s bought 8.5 K contract of Index Future worth 516 cores ,5.7 K Long contract were added by FII’s and 2.8 K short contracts were liquidated by FII’s. Net Open Interest increased by 2.8 K contract, so fall in market was used by FII’s to enter long and exit shorts in Index futures.Mental Toughness Required by… Read More »
As discussed in last analysis Next move will only happen on close above 17700 for move towards 18000. Bearish on close below 17000. Range of 17500-17650 is important supply zone. High made today was 17754 at gann arc ,closed just above 17670. As Bulls closed above 17670 and gann arc suggesting we can see next move… Read More »
The way Novak Djokovic played yesterday to win a Carrer Grand Slam shows the mental strength required at such high level of tennis. On the Similar Grounds a Professional Trader need to develop a High level of Mental strength to be successful over a period of time. The current article is from my archives not… Read More »
Titan Positional Traders can use the below mentioned levels Close above 356 Tgt 364/369 Intraday Traders can use the below mentioned levels Buy above 357 Tgt 360,363 and 366 SL 355 Sell below 353 Tgt 351,349 and 346 SL 355 Maruti Positional Traders can use the below mentioned levels Holding 4181 Tgt… Read More »
Welplace Portfolio Many of the readers were asking about few small cap stocks after the circuit limit increase last week. I found this small cap Welplace Portfolio BSE Listed during my weekend study which has been consolidating for past few days in a small range and volumes has been increasing from past few session. Based… Read More »
Last Week we gave Chopad Level 17591 Bank Nifty had a very choppy week and whipsawed Chopad followers after long time, Always remember the golden rule IF SL gets triggered 2 times in a day No further trade. Capital Preservation is most important for trader. Bank Nifty made high of 17762 and Low of 17350… Read More »