FII’s bought 10.6 K contract of Index Future worth 631 cores ,3.6 Long contract were added by FII’s and 7 K short contracts were liquidated by FII’s. Net Open Interest decreased by 3.4 K contract, so rise in Nifty market was used by FII’s to enter long and exit shorts in Index futures.Do You Fear Missing… Read More »
As discussed in last analysis we had a 3 straight rising day so price will now move and touch the upper gann arc which comes in range of 16600-16700, Bulls should book some profit in range of 16650-16700 in coming week. Support is at 16000. Low made was 16011 and high made 16330. Till 16000 is… Read More »
Regular readers are emailing me lately about the change to a longer-term Bull trend potentially, as Indian markets are rallying hard from the low made on 29 Feb at 6825 we almost have seen a 1000 point rise. The biggest aspect of trading is keeping your mindset stable so as not to Buy at the… Read More »
Arvind Positional/Swing Traders can use the below mentioned levels Close above 280 Tgt 288/297 Intraday Traders can use the below mentioned levels Buy above 277.5 Tgt 279.6,281.2 and 283 SL 275.5 Sell below 273 Tgt 271.5,269.5 and 266 SL 275 SRF Positional/Swing Traders can use the below mentioned levels Holding 1366 Tgt 1453 Intraday… Read More »
Last Week we gave Chopad Level 15600 Bank Nifty gave Short Entry on Monday did 1 target on downside low made was 15440 which was near our 1 Target of 15450, again gave long entry on Monday mid session and did all 3 target on upside by Monday, Lets analyze how to trade Bank Nifty… Read More »
Last Week we gave Chopad Levels of 7546 , Nifty gave Short entry on Monday and got Stopped out on Monday and again gave Long Entry on Monday which did all 3 target by Wednesday. Last Week close was at a very crucial gann level of 7850 where we have price and time sqaure so… Read More »
FII’s bought 29.3 K contract of Index Future worth 1679 cores ,32.5 Long contract were added by FII’s and 3.2 K short contracts were added by FII’s. Net Open Interest increased by 35.8 K contract, so rise in Nifty market was used by FII’s to enter long and enter small shorts in Index futures.RICH DENNIS: A… Read More »
As discussed in last analysis Till 15700 is held move towards 16100-16130 is very much possible, bearish only on close below 15500. Bank Nifty touched the gann arc on 11 April where we have gann time analysis also suggesting big move possible and we had a 3 straight rising day so price will now move… Read More »
The 1980s’ superstar commodities trader, is now doing what his computer tells him For years, Richard J. Dennis lived by his wits in the commodity markets–and quite a living it was. His knack for the quick kill made him an estimated $200 million in the 1980s and brought him fame unmatched by any other futures… Read More »
As traders one of the most important but neglected topic is Risk Management. If you want to become a consistent profitable trader risk management needs to be mastered upon. It is what keeps us in the game as traders. During my interaction with traders I am often surprised to find that many traders have no… Read More »