As discussed in Last analysis Bear will get upperhand on close below 19451 for target of 19340/19020 and bulls above 19732. Bank Nifty bears finally broke 19451 and did the target of 19340, now trading below 19340 can see fast move towards 19185/19020. Bank Nifty bears were unable to close below 19340 suggesting bears are… Read More »
VEDL Positional Traders can use the below mentioned levels Unable to close above 202 Target 188 Intraday Traders can use the below mentioned levels Buy above 200 Tgt 201.8, 204 and 206.5 SL 199 Sell below 198.7 Tgt 197,195 and 192 SL 199.2 LT Positional Traders can use the below mentioned levels Close above… Read More »
FII’s sold 2.3 K contract of Index Future worth 151 cores ,0.9 K Long contract were liquidated by FII’s and 1.3 K short contracts were added by FII’s. Net Open Interest increased by 400 contract, so fall in market was used by FII’s to exit long and enter shorts in Index futures. Is it possible for… Read More »
“As a trader, you have to decide what is more important—being right or making money—because the two are not always compatible or consistent with one another.” -Mark Douglas Only 2-3% of total traders are profitable in trading on consistent basis. If you are trading without having an edge you fall in category of 95% losing… Read More »
As discussed in Last analysis Bear will get upperhand on close below 19451 for target of 19340/19020 and bulls above 19732. Bank Nifty bears finally broke 19451 and did the target of 19340, now trading below 19340 can see fast move towards 19185/19020. Bank Nifty bears were unable to close below 19340 suggesting bears are… Read More »
Every traders wants to trade Big with a well funded trading capital of at least 20 lakh but very few are able to achieve this feat. Its often said Making the First Million is the most difficult thing once achieved money will flow in your coffers. Trading small account is very difficult when compared to… Read More »
May this Dussehra,light up for U.The hopes of Happy times, And dreams for a year full of smiles! Wish U Happy Dasara….. When Someone say I am Full Time Trader what image do you get in your mind. Most of them assume that He is a guy who is stuck to the monitor for the… Read More »
Nicolas Darvas has inspired traders for many generations. His book, “How I Made 2,000,000 in the Stock Market” is one that you’ll find on many recommended reading lists including my own. While some have argued that much of Darvas’ success had to do with lucky timing, his books are still widely read and for good… Read More »
Bank Baroda Positional Traders can use the below mentioned levels Close below 163 Target 159/157 Intraday Traders can use the below mentioned levels Buy above 164.2 Tgt 165.5, 167 and 168.5 SL 163 Sell below 162.5 Tgt 161,159.5 and 158 SL 163.5 Infosys Positional Traders can use the below mentioned levels Close below 1002 Target… Read More »
Last Week we gave Chopad Level 19250 Bank Nifty opened gap down and did not gave entry as per chopad levels , Lets analyze how to trade bank nifty in coming week. Bank Nifty Hourly Bank Nifty again failed to cross above the hourly trendline as shown in above chart,suggesting bulls are still not out… Read More »