Last Week we gave Chopad Levels of 8181, 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. Nifty made high of 8262 which was our 1 target… Read More »
Overview On balance volume (OBV) is a momentum indicator, the calculation of which relates volume to price change. OBV was developed by Joe Granville. .OBV provides a running total of volume and shows whether this volume is flowing in or out of a given security. OBV attempts to detect when a financial instrument (stock, bond,… Read More »
FII’s bought 4.8 K contract of Index Future worth 319 cores ,1.8 K Long contract were added by FII’s and 3 K short contracts were liquidated by FII’s. Net Open Interest decreased by 1.1 K contract, so fall in market was used by FII’s to enter long and exit shorts in Index futures.What goes around comes… 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 17762 at gann arc ,closed abve 17670. As Bulls closed above 17670 and gann arc suggesting we can see next move till… Read More »
One day a man saw an old lady, stranded on the side of the road, but even in the dim light of day, he could see she needed help. So he pulled up in front of her Mercedes and got out. His Pontiac was still sputtering when he approached her. Even with the smile on… Read More »
Auro Pharma Positional Traders can use the below mentioned levels Close above 794 Tgt 820/843 Intraday Traders can use the below mentioned levels Buy above 790 Tgt 795,800 and 808 SL 785 Sell below 784 Tgt 780,772 and 766 SL 788 ZEE Positional Traders can use the below mentioned levels Close above 460 Tgt… Read More »
FII’s sold 2.2 K contract of Index Future worth 159 cores ,1.6 K Long contract were liquidated by FII’s and 0.06 K short contracts were added by FII’s. Net Open Interest decreased by 0.09 K contract, so rise in market was used by FII’s to exit long and enter shorts in Index futures.Mindset Shifts for successful trading… 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 17596 at gann arc ,bounced from 17350. Bulls need a close above 17670 for next move till 18000 and bears will get… Read More »
Don’t Chase Trades; Let Them Come to You If trader win a trade, he try to force another winning trade and mostly lose in second trade. And if trader lose first trade, most of traders try to quickly make back what they lost on the next trade. This irrational behavior is mostly seen in… Read More »
Jet Airways Positional Traders can use the below mentioned levels Unable to close above 576 Tgt 555 Intraday Traders can use the below mentioned levels Buy above 577 Tgt 582,590 and 596 SL 572 Sell below 568 Tgt 563,555 and 547 SL 572 Havells Positional Traders can use the below mentioned levels Close above… Read More »