Yearly Archives: 2016

Want to be a Top Trader, Be mentally tough

By | July 4, 2016 4:31 pm

By AJ What makes top traders stand out from the crowd and achieve results that for the most are just behind imagination? The key to success is being mentally tough What does it take to be mentally tough? There are three qualities for traders who say they want to perform at the highest levels. 1) Be Ambitious Can… Read More »

Bharat Forge, BEML LT Swing Trading

By | July 4, 2016 7:55 am

Bharat Forge Positional Traders can use the below mentioned levels Close above 785 Tgt 798/824 Intraday Traders can use the below mentioned levels Buy above 777 Tgt 782,788 and 798 SL 773 Sell below 769 Tgt 763,757 and 750 SL 773   BEML Positional Traders can use the below mentioned levels Close above 888 Tgt… Read More »

Bank Nifty does 18051 ,Will Up move continue ,Weekly Forecast

By | July 3, 2016 6:29 pm

Last Week we gave Chopad Level 17306 Bank Nifty gave long entry on Monday and did all 3 target by Friday rewarding Chopad followers handsomely. Lets analyze how to trade in coming week Bank Nifty Hourly   Coming week, 18070 needs to be watched  closing above it 18290/18490/18600 can be seen quickly. Beraish below 18000… Read More »

Nifty does 8336,Will Up move continue ,Weekly Forecast

By | July 3, 2016 4:25 pm

Last Week we gave Chopad Levels  of 8111, Nifty gave Long/Short  entry on Monday which gave whipsaw but Long entry on Tuesday rewarded Chopad Followers handsomely rewarding them with all 3 targets.Lets analyze how to trade in coming week. Nifty Hourly Chart Hourly Chart resistance at 8356/8410 and above than can see fast move towards… Read More »

Nifty fails to close above 8336,EOD Analysis

By | July 3, 2016 8:57 am

FII’s bought 4 K contract of Index Future worth 254 cores ,5.2 K Long contract were added by FII’s and 1.1 K short contracts were added by FII’s. Net Open Interest increased  by 6.3 K  contract, so rise in market was used by FII’s to enter long and enter shorts  in  Index futures.Detrended Price Oscillator (DPO)… Read More »

Bank Nifty fails to close above 18051,EOD Analysis

By | July 2, 2016 10:41 pm

As discussing in past analysis Close above 18051 we can see move till 18700/18900. Bearish only on close below 17450. High made today was 17074 but unable to close above 18051, Close above 18051 is required for next move towards 18700 else bank nifty can fall towards 17700.  Bearish only on close below 17420.Why I fail… Read More »

Detrended Price Oscillator (DPO) Introduction

By | July 2, 2016 11:51 am

Introduction The Detrended Price Oscillator attempts to filter out trend in order to focus on the underlying cycles of price movement. Detrended prices allow you to more easily identify cycles and overbought/oversold levels. The Detrended Price Oscillator (DPO) is used to remove trend from price. This is done in order to identify and isolate short-term… Read More »

How to Live Life to Fullest

By | July 1, 2016 3:38 pm

In 1923, nine of the wealthiest people in the world met at Chicago’s Edge Water Beach Hotel. Their combined wealth, it is estimated, exceeded the wealth of the Government of the United States at that time. These men certainly knew how to make a living and accumulate wealth. Attending the meeting were the following men:… Read More »