Monthly Archives: October 2016

Nifty Bulls protects 8656, EOD Analysis

By | October 8, 2016 6:09 pm

FII’s sold 13.8 K contract of Index Future worth 892 cores ,11.4 K Long contract were liquidated by FII’s and 2.3 K short contracts were added by FII’s. Net Open Interest decreased  by 9 K contract, so fall in market was used by FII’s to exit long and enter shorts  in  Index futures. The important things… Read More »

Bank Nifty forms DOJI near gann support,EOD Analysis

By | October 8, 2016 8:52 am

 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 clsoe below 19340 suggesting bears are… Read More »

The important things in life

By | October 7, 2016 4:54 pm

A philosophy professor stood before his class with some items on the table in front of him. When the class began, wordlessly he picked up a very large and empty mayonnaise jar and proceeded to fill it with rocks, about 2 inches in diameter. He then asked the students if the jar was full. They… Read More »

ICICI Bank Axis Bank NMDC Supply Demand Analysis

By | October 7, 2016 8:15 am

ICICI Bank Positional Traders can use the below mentioned levels Close below 250 Target 241/236 Intraday Traders can use the below mentioned levels Buy above 253 Tgt 256, 258.5 and 261 SL 251 Sell below 249 Tgt 247.5,244 and 241 SL 251 Axis Bank Positional Traders can use the below mentioned levels Close below 521 … Read More »

Nifty does the target of 8690,EOD Analysis

By | October 7, 2016 6:08 am

FII’s sold 0.1 K contract of Index Future worth 31 cores ,1.5 K Long contract were added by FII’s and 1.6 K short contracts were added by FII’s. Net Open Interest increased  by 3.1 K contract, so fall in market was used by FII’s to enter long and enter shorts  in  Index futures. The difference between… Read More »

Common Trading Mistakes

By | October 6, 2016 5:11 pm

Most of Traders  should have gone through this cycle “they start trading, make good money mostly attributed to beginners luck , then all of the sudden they go in cycle of endless stream of losses.” Eventually they end up blowing off their trading account.  Today’s article is focused on most common mistakes of traders and… Read More »

Nifty reacts from zone of resistance,EOD Analysis

By | October 5, 2016 11:24 pm

FII’s bought 2.6 K contract of Index Future worth 153 cores ,4.6 K Long contract were added by FII’s and 2 K short contracts were added by FII’s. Net Open Interest increased  by 6.7 K contract, so fall in market was used by FII’s to enter long and enter shorts  in  Index futures. The difference between… Read More »