Last Week we gave Chopad Levels of 8387, Nifty gave Long entry on Monday made low of 8407 rewarded risky Chopad Followers as market did not touch the chopad levels handsomely rewarding them with 3 targets.Lets analyze how to trade in coming week with earning season in major swing Nifty Hourly Chart Hourly Chart resistance… Read More »
As discussing in past analysis Bank Nifty made high of 18880, so once 18750 is crossed we saw a quick move towards 18898. Close above 18898 can see another quick move towards 18969/19103, traders should trail longs with strict stop loss of 18750,Weekly close above 18768 can see fast move towards 19230. Nifty made high of … Read More »
Most of my friends have a term insurance plan. While I was researching about the best term plans, I came across few insurance companies that provide term plans online. One was the famous LIC but the rates for the premium were too high and since a term plan is only for protection I was looking… Read More »
The day I started trading I hoped to make lot of money, and ultimate goal of every trader is to trade for a living. My Guru asked me how you are going to make “a lot of money”, I said some blah blah but Honestly speaking I did not had any concrete answer. Somewhere in… Read More »
TREND LINES Technical analysis is built on the assumption that prices trend. Trend lines are an important tool in technical analysis for both trend identification and confirmation. A trend line is a straight line that connects two or more price points and then extends into the future to act as a line of support or… Read More »
Source: Herald (English Daily in Goa) You cannot reach 13,000 runs in Test Cricket, 10,000 runs in ODI cricket, become the first and only batsman to score a century in all 10 Test playing nations and hold the world record for the most number of catches in Test cricket beside captaining your country in both… Read More »
HUL Positional Traders can use the below mentioned levels Close below 930 Tgt 898 Intraday Traders can use the below mentioned levels Buy above 938 Tgt 942,950 and 960 SL 933 Sell below 929 Tgt 925,917 and 912 SL 933 Tata ELXSI Positional Traders can use the below mentioned levels Close above 1686 Tgt 1741… Read More »
FII’s bought 6.8 K contract of Index Future worth 461 cores ,7.9 K Long contract were added by FII’s and 1 K short contracts were added by FII’s. Net Open Interest increased by 8.9 K contract, so rise in market was used by FII’s to enter long and enter shorts in Index futures. The 3 Phases… Read More »
As discussing in past analysis Now the range of 18758-18898 is very crucial range where bulls should book profit. Bank Nifty made high of 18880, so once 18750 is crossed we saw a quick move towards 18898. Close above 18898 can see another quick move towards 18969/19103, traders should trail longs with strict stop loss… Read More »
Phases of Trade Analysis The Expectation Phase: A technical trader anticipates that a past price pattern will repeat again, so he identifies the pattern, locates a current one and determines a suitable match is present. Technical analysis is nothing more than finding previous price patterns matched with current market conditions. As the Old saying Goes… Read More »