Amateur retail traders tend to think that the professional trader or Institutional investor have some sort of secret knowledge/system that enables them to make huge profit in trading. However, the difference between a retail traders trying to make consistent profit and a professional traders zeros down to the trading mindset and trading psychology.The difference between… Read More »
PVR Positional Traders can use the below mentioned levels Close above 1385 Target 1415/1444 Intraday Traders can use the below mentioned levels Buy above 1383 Tgt 1393, 1405 and 1416 SL 1375 Sell below 1370 Tgt 1360,1350 and 1340 SL 1380 JSW Energy Positional Traders can use the below mentioned levels Close above 63… Read More »
FII’s bought 4.8 K contract of Index Future worth 325 cores ,1.9 K Long contract were added by FII’s and 2.8 K Short contracts were liquidated by FII’s. Net Open Interest decreased by 869 contract, so fall in market was used by FII’s to enter long and exit short in Index futures. FII’s Long to Short… Read More »
As discussed in Last Analysis Till 23760 is held bulls can continue to move ahead and can take bank nifty towards 24120/24270/24389/24480, 24477-24480 is major resistance for bank nifty, Bearish below 23700 for a move towards 23400/23100.Many traders want to short market as it has gone up significantly, but let the market show some sign… Read More »
Indian Bank Positional Traders can use the below mentioned levels Close above 320 Target 329/343 Intraday Traders can use the below mentioned levels Buy above 319 Tgt 322, 326 and 331 SL 317 Sell below 316 Tgt 312,309 and 305 SL 318 CESC Positional Traders can use the below mentioned levels Close… Read More »
FII’s bought 3.8 K contract of Index Future worth 278 cores ,5 K Long contract were added by FII’s and 1.1 K Short contracts were added by FII’s. Net Open Interest increased by 6.2 K contract, so rise in market was used by FII’s to enter long and enter short in Index futures. FII’s Long to… Read More »
As discussed in Last Analysis Bank Nifty did a new life high above our breakout level of 23540 cool move of 400 points captured in 2 days based on time cycle ,now till we are holding 23716 we are heading towards 24025/24336. Bearish below 23700 for a move towards 23400/23100. Bank Nifty finally did our… Read More »
1.Knowledge Knowledge about yourself, Your reaction when price goes in your favor, against you. Knowledge about your trading system and risk and money management. 2. Information You cannot trade without information. Information is required to evaluate any unforeseen influence entering in market. Knowing about results of company/Election results/Central Bankers meet. 3. Confidence With Confidence trader… Read More »
Cipla Positional Traders can use the below mentioned levels Close above 552 Target 568/576 Intraday Traders can use the below mentioned levels Buy above 552 Tgt 556, 562 and 568 SL 548 Sell below 545 Tgt 542,537 and 532 SL 548 Titan Positional Traders can use the below mentioned levels Close above 536 Target 555/576… Read More »
Last Week we gave Chopad Level 23500 Bank Nifty gave Long Entry on Monday and did the third target by Thursday ,so good week for Chopad followers.As we have been discussing we are in impulsive time cycle and we got the expected 4% move in index in last 2 weeks, So time cycle worked till… Read More »