Every trader who starts trading wants to trade big accounts but very few of us actually get to do this. Most traders are stuck with trading relatively small accounts not more than 5 lakhs and most of them go bust. Trading a small account requires very strict risk management and money management with strong mental… Read More »
Canara Bank Positional Traders can use the below mentioned levels Unable to close above 240 Tgt 232/228 Intraday Traders can use the below mentioned levels Buy above 239 Tgt 241,242.8 and 245 SL 237.5 Sell below 237 Tgt 235,233 and 231 SL 238 Reliance Capital Positional Traders can use the below mentioned levels… Read More »
FII’s bought 18 K contract of Index Future worth 1148 cores ,17.2 K Long contract were added by FII’s and 737 short contracts were liquidated by FII’s. Net Open Interest increased by 16.5 K contract, so rise in market was used by FII’s to enter long and exit shorts in Index futures. What It Takes to… Read More »
As discussing in past analysis Bank Nifty opened gap up above 18100 at 18250 suggesting bulls were in command, Now Bulls should above 18300 on closing basis for next move towards 18768/19000. Bank Nifty made high of 18684. Now the range of 18758-18898 is very crucial range where bulls should book profit. Weekly close above 18768 can… Read More »
Trading is the most difficult profession in the world, especially if you’re trading for a living. If it was always easy, everyone would be doing it and making millions sitting comfortably in their offices. No matter how simple, powerful, and proven a great trading system is, there are always going to be times when your… Read More »
Maruti Positional Traders can use the below mentioned levels Close above 4276 Tgt 4325/4414 Intraday Traders can use the below mentioned levels Buy above 4286 Tgt 4305,4345 and 4370 SL 4270 Sell below 4250 Tgt 4220,4185 and 4160 SL 4270 Amar Raja Positional Traders can use the below mentioned levels Close above 856 Tgt… Read More »
FII’s bought 17.4 K contract of Index Future worth 1126 cores ,19 K Long contract were added by FII’s and 1.6 K short contracts were added by FII’s. Net Open Interest increased by 20.7 K contract, so rise in market was used by FII’s to enter long and enter shorts in Index futures. How Long Does… Read More »
As discussing in past analysis We has 4 small days near gann horizontal line suggesting big move in round the corner. Also as per Supply demand analysis close below 17955 can see sharp decline towards 17800/17650.Bullish only on close above 18100 looking at current price action, Bearish below 17400 in between will be range bound move.… Read More »
Over many years of trading, I’ve found certain principles to be true. Whenever I find myself under stress, when market whipsaw me, I pull out these basic trading principles and review them. Don’t Try to Predict the Future When I started trading I used to think that there were experts and geniuses out there who… Read More »
JSW STEEL Positional Traders can use the below mentioned levels Close above 1508 Tgt 1542/1563/1597 Intraday Traders can use the below mentioned levels Buy above 1486 Tgt 1493,1505 and 1520 SL 1479 Sell below 1470 Tgt 1464,1453 and 1444 SL 1476 Hind Petro Positional Traders can use the below mentioned levels Close below 1021… Read More »