FII’s bought 12.7 K contract of Index Future worth 806 cores ,9.5 K Long contract were added by FII’s and 3.2 K short contracts were liquidated by FII’s. Net Open Interest increased by 6.3 K contract, so fall in market was used by FII’s to enter long and cover shorts in Index futures. When not to… Read More »
As discussing in past analysis Close above 18898 can see another quick move towards 18969/19103, traders should trail longs with strict stop loss of 18750,Weekly close above 18768 can see fast move towards 19230. Nifty made high of 19158, doing target 19103 and missing the target of 19230 by few points. till we are holding… Read More »
Majority of Traders who trade Stock markets know when/How to enter the trade but 95% of traders do not know when not to enter the trade or when not to trade. Trader should trade when opportunity arises based on his trading system and trading strategy. Knowing when not to trade is also a vital part… Read More »
Mindtree Positional Traders can use the below mentioned levels Close above 644 Tgt 665/699 Intraday Traders can use the below mentioned levels Buy above 644 Tgt 652,660 and 669 SL 640 Sell below 634 Tgt 627,617 and 601 SL 638 Exide Positional Traders can use the below mentioned levels Close below 178 Tgt… Read More »
Last Week we gave Chopad Level 18099 Bank Nifty opened way above our chopad levels, Risky traders who would have taken long got rewarded as it did all 3 targets, but most of traders would have stayed out as it never touched chopad levels. As we always says NO level no trade and wait for… Read More »
Welplace has been on fire from past 3 weeks, We covered this stock 2 time when it was trading around 25, Stock gave a decent move and now is trading around 37. As per classical technical analysis, What goes Higher will keep going higher till the trend reversal. Stock has been doing the same, Goes… Read More »
Last Week we gave Chopad Levels of 8387, Nifty gave Long entry on Monday made low of 8407 rewarded risky Chopad Followers as market did not touch the chopad levels handsomely rewarding them with 3 targets.Lets analyze how to trade in coming week with earning season in major swing Nifty Hourly Chart Hourly Chart resistance… Read More »
As discussing in past analysis Bank Nifty made high of 18880, so once 18750 is crossed we saw a quick move towards 18898. Close above 18898 can see another quick move towards 18969/19103, traders should trail longs with strict stop loss of 18750,Weekly close above 18768 can see fast move towards 19230. Nifty made high of … Read More »
Most of my friends have a term insurance plan. While I was researching about the best term plans, I came across few insurance companies that provide term plans online. One was the famous LIC but the rates for the premium were too high and since a term plan is only for protection I was looking… Read More »
The day I started trading I hoped to make lot of money, and ultimate goal of every trader is to trade for a living. My Guru asked me how you are going to make “a lot of money”, I said some blah blah but Honestly speaking I did not had any concrete answer. Somewhere in… Read More »