Last Week we gave Chopad Level 24270 Bank Nifty did give multiple Entry as per Chopad Level Monday Long which did 1 target on Upside,Wednesday short which gave 2 target on downside and Thursday which did all 3 targets on upside so multiple whipsaws which we saw last week were compensated and good money was… Read More »
Last Week we gave Chopad Levels of 9976, Nifty gave Entry as per Chopad Level Monday as low made was 9959 and closed at 9988 another opportunity came on our time cycle date 11 Oct, Chopad Followers were rewarded handsomely as Nifty did all 3 target on upside and also made a new all time… Read More »
FII’s bought11.1 K contract of Index Future worth 807 cores ,18.3 K Long contract were added by FII’s and 7.2 K Short contracts were added by FII’s. Net Open Interest increased by 25.6 K contract, so rise in market was used by FII’s to enter long and enter short in Index futures. FII’s Long to Short… Read More »
As discussed in Last Analysis Time Cycle effect was visible as after 11 Oct we saw a good trend reversal move, Now bulls need to move above 24400 for a move towards 24476/24545/24731. Bearish below 24300 for a move towards 24171/23984. We are up 800 points in 2 trading days showing the effect of time… Read More »
A lot of books have been written about the two sides of our brain. The Left Side which is the more linear, formula based, procedure oriented brain and The Right Side which understands design, symphony and context. Nobel Laureate Daniel Kahneman calls it System I and System II. System I – is the one which… Read More »
Courtesy: Chinmaya Organization for Rural Development. Kamala and her husband Ramesh were overjoyed at the birth of their first daughter. They celebrated with their neighbors and even called a pundit (a Hindu priest) to attend the celebrations. This happiness lasted until Kamala delivered another baby girl. Ramesh was upset by this news because he wanted… Read More »
PNB Positional Traders can use the below mentioned levels Close above 134 Target 141/144 Intraday Traders can use the below mentioned levels Buy above 134 Tgt 135.4,137 and 139 SL 132.5 Sell below 132 Tgt 131,129 and 127 SL 133.3 Hexaware Positional Traders can use the below mentioned levels Close above… Read More »
FII’s bought 4.8 K contract of Index Future worth 262 cores ,9.7 K Long contract were added by FII’s and 4.8 K Short contracts were added by FII’s. Net Open Interest increased by 14.6 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 Price move from 1 gann angle to another one as shown in below chart, Till 24000 is held we can again see bounce back towards 24270/24358/24476. Bearish below 24200 for a move till 24100/23963. Time Cycle again gave us caution signal as 11 Oct we saw the big move. Low made today… Read More »
When I started trading back in 2000, like most novice, traders I was actually gambling. I was luck that I found my Trading Guru who helped me in this difficult journey. Traits of a gambler: I did most of this in my early days so speak from experience Failing to follow strict money management… Read More »