As discussed in last analysis Bulls need a close above 17100 which is supply zone and also gann resistance line as shown in below 2 chart, for next move till 17400, Strong support around 16800 zone, Bears will be active only on close below 16800 for a quick move till 16500 . High made today was… Read More »
We cannot control the market but we can control our trades and many aspects of our trading mindset. When you go through a trading loss do you ever find yourself blaming something outside yourself? Today Nifty had a decent fall and if you made loss today You can Blame Bank of Japan, “the system” –… Read More »
Biocon Intraday Traders can use the below mentioned levels Buy above 573 Tgt 579,588 and 597 SL 571 Sell below 570 Tgt 564,560 and 555 SL 572 Petronet Intraday Traders can use the below mentioned levels Buy above 265 Tgt 266.3,268.5 and 271 SL 263.5 Sell below 261 Tgt 259,257 and 255 SL 263… Read More »
FII’s bought 13.8 K contract of Index Future worth 843 cores ,26.6 K Long contract were added by FII’s and 12.8 K short contracts were added by FII’s. Net Open Interest increased by 39.4 K contract, so rise in market was used by FII’s to enter long and enter shorts in Index futures. Patience Is A… Read More »
Bank Nifty closed above 200 DMA for 2 day in a row, Bulls need a close above 17100 which is supply zone and also gann resistance line as shown in below 2 chart, for next move till 17400, Strong support around 16800 zone, Bears will be active only on close below 16800 for a quick… Read More »
The money’s made in the sitting and the waiting, not the trading… Jesse Livermore “The snake which cannot cast its skin has to die.”- Friedrich Nietzsche “There are a lot of shoes on the shelf; wear only the ones that fit. If you’re extremely confident, taking a loss doesn’t bother you.” – George Soros Do… Read More »
ICICI Bank Intraday Traders can use the below mentioned levels Buy above 255 Tgt 257,259.5 and 262 SL 253.5 Sell below 251 Tgt 249,246 and 243 SL 253 Just Dial Intraday Traders can use the below mentioned levels Buy above 865 Tgt 871,880 and 889 SL 860 Sell below 857 Tgt 853,847 and 835 SL… Read More »
FII’s bought 16 K contract of Index Future worth 994 cores ,45 K Long contract were added by FII’s and 28.9 K short contracts were added by FII’s. Net Open Interest increased by 73.9 K contract, so rise in market was used by FII’s to enter long and enter shorts in Index futures. The Recency Effect… Read More »
As discussed in last analysis Now for coming week Only close above 16800 can fuel the expiry rally towards 17000, else any close below 16500 can see move towards 16350/16300. High made 17029 and low made 16572 so Bank Nifty broke 16800 and saw an impulsive rise towards 17000 as we have anticipated. Hope trades… Read More »
Raj had been watching the Nifty futures all morning, waiting patiently for a trade. Finally,Nifty came near His entry levels based on his trading system. He looked carefully at the price action he used to qualify his trades. Everything met his criteria. Price had turned bullish and signaling long should be taken. “There’s no flaw… Read More »