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 »
Jubilant Food Positional Traders can use the below mentioned levels Close above 1046 Tgt 1076/1100 Intraday Traders can use the below mentioned levels Buy above 1055 Tgt 1062,1070 and 1078 SL 1050 Sell below 1044 Tgt 1038,1030 and 1020 SL 1049 Coal India Positional Traders can use the below mentioned levels Holding … Read More »
FII’s sold 9 K contract of Index Future worth 551 cores ,2 K Long contract were liquidated by FII’s and 6.9 K short contracts were added by FII’s. Net Open Interest increased by 4.9 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 »
Here is a sequence I observe among many losing traders Trading Day begins with uncertainty. The trader isn’t having any trading plan, Just saw global cues but not sure which way the market is going, but feels the need to make a trade. Instead of sitting back , making a plan and let the level… Read More »
Motherson SUmi Positional Traders can use the below mentioned levels Close below 310 Tgt 299/288 Intraday Traders can use the below mentioned levels Buy above 316 Tgt 320,323 and 326 SL 313 Sell below 309 Tgt 305,300 and 297 SL 311 Petronet Positional Traders can use the below mentioned levels Close above 333 Tgt 341/346/354… 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 »