Once a fisherman was sitting near seashore, under the shadow of a tree smoking his beedi. Suddenly a rich businessman passing by approached him and enquired as to why he was sitting under a tree smoking and not working. To this the poor fisherman replied that he had caught enough fishes for the day. … Read More »
IGL Positional Traders can use the below mentioned levels Close above 644 Tgt 665 Intraday Traders can use the below mentioned levels Buy above 638 Tgt 643,648.5 and 654.5 SL 635 Sell below 631 Tgt 625.8,618 and 612 SL 635 ICIL Intraday Traders can use the below mentioned levels Buy above 882 Tgt 891,901.5 and… Read More »
As discussed in Yesterday Analysis Now the zone of 8654-8677 is crucial supply zone, closing above 8677 level again can see fast move till 8849. We have resistance zone at every 100-150 points as market has spend lot of time in this range during the 2015 year. Bearish on close below 8490 only. Holding 8577… Read More »
As discussed in past analysis Bank Nifty finally was able to close above 19000 only which as per gann suggests we are entering in next orbit and bank nifty can move till 19374/19509. Bearish only on close below 18711. Now Bulls need a close above 19158 for next move till 19374/19509. Bearish on close below 18950… Read More »
Trading can be a lot like gambling if you let it be so. How can trading be gambling? Many of my Students have one thing in Common “I make money in the morning, but I lose money in the afternoon.” As I sit and talk with those types of students, I often find that they… Read More »
Crompton G Intraday Traders can use the below mentioned levels Buy above 77 Tgt 77.5, 78.6 and 80.5 SL 76.6 Sell below 75.3 Tgt 74.3,73.6 and 72.5 SL 75.7 PNB Intraday Traders can use the below mentioned levels Buy above 133.3 Tgt 134.5, 136.2 and 139.5 SL 132.8 Sell below 131.3 Tgt 129.9,128.6 and… Read More »
FII’s bought 964 contract of Index Future worth 83 cores ,14.9 K Long contract were added by FII’s and 13.9 K short contracts were added by FII’s. Net Open Interest increased by 28.9 K contract, so rise in market was used by FII’s to enter long and enter shorts in Index futures. Trading Confidence As discussed… Read More »
As discussed in past analysis Holding 18780/18810 Bulls can make one more attempt to close above 19000. Bulls will be active above 19160 and bears below 18711 in between again sideways range. Bank Nifty made high of 19125, low of 18882 so the move till 19000 was done as we expected yesterday, Bank Nifty finally was… Read More »
Confidence is the most important psychological tool for the trader, Without Confidence on your abilities and trading system success in trading will be inevitable. When you develop your trading plan, it is obviously important that you have confidence in its accuracy and usefulness and in your belief that you can follow your plan closely and… Read More »
Tata Motors Intraday Traders can use the below mentioned levels Buy above 506.5 Tgt 510.3, 514 and 517.5 SL 504 Sell below 502 Tgt 499,495 and 488 SL 504 Ambuja Cement Intraday Traders can use the below mentioned levels Buy above 271 Tgt 273, 275.5 and 278.5 SL 269.8 Sell below 270.5 Tgt 268,266… Read More »