As discussed in Last analysis Bank Nifty made low of 18444 unable to close below 18550 suggesting bears are still on back-foot as not able to break the market below the support zone of 18550. Bank Nifty is still unable to close above the gann falling trendline as shown in below figure, so bears need… Read More »
During a research experiment a marine biologist placed a shark into a large holding tank and then released several small bait fish into the tank. As you would expect, the shark quickly swam around the tank, attacked and ate the smaller fish. The marine biologist then inserted a strong piece of clear fiberglass into the… Read More »
BEL Positional Traders can use the below mentioned levels Holding 1211 Tgt 1263/1314 Intraday Traders can use the below mentioned levels Buy above 1236 Tgt 1250,1264 and 1280.5 SL 1230 Sell below 1226 Tgt 1224,1213 and 1200 SL 1230 DHFL Positional Traders can use the below mentioned levels Close above 238 Tgt… Read More »
FII’s bought 10.6 K contract of Index Future worth 711 cores ,7.3 K Long contract were added by FII’s and 3.3 K short contracts were liquidated by FII’s. Net Open Interest increased by 3.9 K contract, so rise in market was used by FII’s to enter long and enter shorts in Index futures. Why Traders lose… Read More »
As discussed in Last analysis Bank Nifty is bullish above 18750 for another move towards 18915/19000. Bulls need a close above 19158 for target till 19500,Bears below 18550.Bank Nifty still trading near horizontal line suggesting impulsive move on cards. Further bearishness can be seen below 18550 for move till 18280/18070. Bank Nifty made low of 18444… Read More »
Its a well know fact the failure rate of traders is extremely high. 97% of Traders fails in trading. Lets look at reason in this 2 part series article why most of traders fails which we can use as an input in improving our skill set and get into top 3%. Thinking Trading is easy… Read More »
Arvind Positional Traders can use the below mentioned levels Holding 290 Tgt 303/316/ Close below 288 Tgt 264 Intraday Traders can use the below mentioned levels Buy above 296 Tgt 300,304 and 310.5 SL 293 Sell below 291 Tgt 289,284 and 278 SL 293 Tata Motors Positional Traders can use the below mentioned levels… Read More »
FII’s sold 564 contract of Index Future worth 32 cores ,2.3 K Long contract were added by FII’s and 2.9 K short contracts were added by FII’s. Net Open Interest increased by 5.2 K contract, so fall in market was used by FII’s to enter long and enter shorts in Index futures. GST Impact on stocks… Read More »
As discussed in Last analysis Further bearishness can be seen below 18550 for move till 18280/18070. For next 2 days close above 18814 can see fast move till 19000. Bullish above 19158 for move till 19374/19509. Bank Nifty made low of 18542 unable to close below 18550 suggesting market taking breather before the GST Bill drama… Read More »
The Goods and Services Tax Bill or GST Bill, officially known as The Constitution (One Hundred and Twenty-Second Amendment) Bill, 2014, proposes a national Value added Tax to be implemented in India. 1) BANKS – Current service tax 15% know after GST 18% Negative. 2) CONSUMER STAPLES current tax rate 22% know after GST… Read More »