We have started Discussing few small caps trading ideas based on the feedback received by blog readers. As of now we have discussed 2 trading ideas Sybly Industries — Sybly Did extremely good, Did most of our target, and as per last analysis holding 10.5 can bounce again till 14-15. NHC Food — It triggered… Read More »
Last Week we gave Chopad Level 20001 Bank Nifty opened with gap down, hence not giving any opportunity to enter trade, Longs got triggered on Friday but did the 1 target on upside , Shorts triggered on Friday below 20001 did the first target of 19850. Lets analyze how to trade bank nifty in coming … Read More »
Last Week we gave Chopad Levels of 8910, Nifty opened with gap down, hence not giving any opportunity to enter trade, Longs got triggred on Friday but did not achieved the target, Shorts triggered on Friday below 8820 did the first target of 8760. Lets analyze how to trade nifty in coming week. We salute… Read More »
FII’s bought 6.2 K contract of Index Future worth 426 cores ,4.8 K Long contract were added by FII’s and 1.3 K short contracts were added by FII’s. Net Open Interest increased by 3.4 K contract, so rise in market was used by FII’s to enter long and exit shorts in Index futures. EVERY SUCCESS STORY… Read More »
As discussed in Last analysis Bulls need a close above 19928 to be back in the game for target of 20155, Any close above 20155 will take us towards 20576/20600 levels. Bears below 19700 can push bank nifty towards 19451. Bulls need a close above 19928 for a move towards 20155/20380. Bears will get active… Read More »
Failure is the highway to success. Tom Watson Sr. said, “If you want to succeed, double your failure rate.” If you study history, you will find that all stories of success are also stories of great failures. But people don’t see the failures. They only see one side of the picture and they say that… Read More »
STAR Positional Traders can use the below mentioned levels Close above 1046 Tgt 1076/1120 Intraday Traders can use the below mentioned levels Buy above 1042 Tgt 1048,1056 and 1066 SL 1036 Sell below 1028 Tgt 1018,1008 and 998 SL 1032 BHEL Positional Traders can use the below mentioned levels Close above 152.5 Tgt 157/162… Read More »
FII’s sold 9.1 K contract of Index Future worth 591 cores ,7 K Long contract were liquidated by FII’s and 2 K short contracts were added by FII’s. Net Open Interest decreased by 5 K contract, so rise in market was used by FII’s to exit long and enter shorts in Index futures. Avoiding Impulsive Trading… Read More »
As discussed in Last analysis Bank Nifty made exact low of 19735 near our demand zone of 19738 and bounced back, Now bulls need a close above 19928 to be back in the game for target of 20155, Any close above 20155 will take us towards 20576/20600 levels. Bears below 19700 can push bank nifty… Read More »
A trading plan is a set of rules, to define your trading activity. The time you sit in front of screen till the close of trade everything should be documented in trading plan. It has your entry,exit, profit booking SL levels and also your psychological strength and weakness. It can be an extremely useful tool… Read More »