During my interaction with traders during my trading course,I came to know most of traders who loose money will keep changing their trading system the day it give them a loss. Till its milking money traders stick to it, but if 2-3 trades goes wrong they will keep the trading system on back burner and… Read More »
Canara Bank Intraday Traders can use the below mentioned levels Buy above 174 Tgt 176,181 and 185 SL 172.5 Sell below 170 Tgt 166.5,161 and 157 SL 172.5 Hind Petro Positional/Swing Traders can use the below mentioned levels Close below 665 157 Tgt 644/631 Intraday Traders can use the below mentioned levels Buy… Read More »
FII’s bought 8.5 K contract of Index Future worth 415 cores ,10.4 K Long contract were added by FII’s and 1.8 K short contracts were added by FII’s. Net Open Interest increased by 12.2 K contract, so fall in market was used by FII’s to enter long and enter shorts in Index futures. Nifty Crashes 1000… Read More »
As discussed in last analysis If Bank nifty continue to trade below 14500 we can head towards 14338 which is PRZ of ABCD pattern and Weekly supply zone also as shown in below 2 chart. Bullish only on close above 15000, Bank Nifty broke 14338 did not stop hence invalidate the ABCD pattern and also demand… Read More »
The BSE Sensex plunged over 700 points and Nifty declined over 220 points and Nifty closing below 7000 lowest sinse May 2013. Nifty has now corrected 1000 points in last 66 trading sessions. Let me put the reason from both Technical and Fundamental Perceptive, Below is the complied list of fall in sensex from ET.… Read More »
SBIN Positional/Swing Traders can use the below mentioned levels Holding 157 Tgt 165/178 Intraday Traders can use the below mentioned levels Buy above 161.5 Tgt 164,168 and 172 SL 160 Sell below 158 Tgt 156,153 and 149 SL 159.5 Bank India Positional/Swing Traders can use the below mentioned levels Holding 89 Tgt 94/97 Intraday… Read More »
FII’s sold 9 K contract of Index Future worth 417 cores ,65 Long contract were added by FII’s and 9 K short contracts were added by FII’s. Net Open Interest increased by 9.1 K contract, so fall in market was used by FII’s to enter small qty long and enter good amount of shorts in Index… Read More »
As discussed in last analysis More a support is tested more is probability of breaking the low, so if 14760 is broken we can see a fast move towards 14500/14338. Bullish on 15000. Bank Nifty broke 14760 made low of 14490 as we have been expecting the support around 14500, If Bank nifty continue to trade below… Read More »
When trading you should maintain a businesslike attitude and take your investment seriously. There are common bad habits that can prove severely detrimental to your trading account and every trader should do his or her best to completely avoid committing them. 1. Unreasonable Expectations Most of you have heard stories of traders from Rs 50000… Read More »
LIC Housing Positional/Swing Traders can use the below mentioned levels Close above 426 Tgt 438/448/456 Intraday Traders can use the below mentioned levels Buy above 426 Tgt 429,434 and 440 SL 424 Sell below 418 Tgt 413,408 and 403 SL 423 Tata Motors Positional/Swing Traders can use the below mentioned levels Close above 311… Read More »