Monthly Archives: August 2016

Nifty continue to trade in range,EOD Analysis

By | August 22, 2016 10:01 pm

FII’s sold 7.2 K contract of Index Future worth 456 cores ,7.6 K Long contract were added by FII’s and 14.9 K short contracts were added by FII’s. Net Open Interest increased  by 22.6 K contract, so fall in market was used by FII’s to enter long and enter shorts  in  Index futures. Trading Psychology :… Read More »

Engineer India Federal Bank BEML trendline technical analysis

By | August 22, 2016 7:45 am

Engineer India Positional Traders can use the below mentioned levels Close above 238 Tgt 246/254 Intraday Traders can use the below mentioned levels Buy above 237 Tgt 239,241 and 244 SL 235.5 Sell below 233.8 Tgt 231.8,228.7 and 225 SL 235   BEML Positional Traders can use the below mentioned levels Close above 1042 Tgt… Read More »

Nifty forms Weekly Doji and Inside Bar candlestick, Weekly Forecast

By | August 21, 2016 2:50 pm

Last Week we gave Chopad Levels  of 8700, Nifty did not close above the chopad level during single session, and failed to give entry to chopad followers . Last Week Chopad Level of 8700 was major resistance for bulls as Nifty failed to close above it, HIgh made on Friday was 8696. Lets analyze how… Read More »

Trading Psychology : Walking The Plank

By | August 20, 2016 1:52 pm

By Andrew The mind is very powerful. We interpret things based on how comfortable we are, and we decide to take action based on that perceived comfort level. It reminds me of something I once heard from a psychology professor giving a lecture. I’ve adapted it a bit for trading. I want you to imagine… Read More »