Monthly Archives: October 2016

Bank Nifty Weekly Outlook

By | October 16, 2016 7:26 pm

Last Week we gave Chopad Level 19420 Bank Nifty gave short entry on Monday and did all 3 target by Thursday as per chopad levels ,  Lets analyze how to trade bank nifty in coming  week. Bank Nifty Hourly As discussed in last analysis Bank Nifty again failed to cross above the hourly trendline as… Read More »

Nifty Bulls fail to close above 8600,EOD Analysis

By | October 15, 2016 8:07 pm

FII’s bought 1.1 K contract of Index Future worth 64 cores ,0.9 K Long contract were added by FII’s and 0.1 K short contracts were liquidated by FII’s. Net Open Interest decreased  by 35.5 K contract, so rise in market was used by FII’s to enter long and exit shorts  in  Index futures.   Deliberate practice… Read More »

What Kind of Trader Are You?

By | October 15, 2016 2:43 pm

Source The kind of trader you are will affect — or should affect — your trading strategy. It helps to know your trader type so you can trade effectively and in a way that feels right for you. To determine your trader type, take the following quiz. The quiz Which statement best describes you when… Read More »

Bank Nifty does a weekly close above 19000,EOD Analysis

By | October 15, 2016 9:59 am

 As discussed in Last analysis  Any close below 18750 can see fast move towards 18440-18314 as seen in below gann angle chart. As we have weekly closing tomorrow Bulls will try hard to close above 19000 and bears below 18750. Bulls were finally able to close above 19000 and also protected 18750 in the process as… Read More »

Deliberate practice & 10 Years of Silence will set you “apart”

By | October 14, 2016 4:25 pm

Out of a list of 500 pieces that were played frequently by symphonies around the world and were considered to be the “masterworks” in the field, virtually every single “masterwork” was written after year ten of the composer’s career. Not a single person produced incredible work without putting in a decade of practice first. Even… Read More »

IRB HUL Glenmark Harmonic Analysis

By | October 14, 2016 7:45 am

IRB Positional Traders can use the below mentioned levels Close above 234 Target 238/241/246 Intraday Traders can use the below mentioned levels Buy above 234 Tgt 236, 239 and 241 SL 232 Sell below 230 Tgt 228,226 and 222 SL 232   Glenmark Positional Traders can use the below mentioned levels Close above 910 Target… Read More »

Nifty corrects 100 points breaking 8656, EOD Analysis

By | October 13, 2016 9:19 pm

FII’s sold 36.3 K contract of Index Future worth 2329 cores ,35.9 K Long contract were liquidated by FII’s and 0.4 K short contracts were added by FII’s. Net Open Interest decreased  by 35.5 K contract, so fall in market was used by FII’s to exit long and enter shorts  in  Index futures.   Ask Yourself… Read More »