Introduction The Moving Average is one of the classical and most reliable tool for technical analysis.A Moving Average is an indicator that shows the average value of a security’s price over a period of time. When calculating a moving average, a mathematical analysis of the security’s average value over a predetermined time period is made.… Read More »
Mental Toughness in Trading In my opinion, day trading is top on the list of mentally stimulating professions. It requires a mental toughness unparalleled by any other business. For example, the influx of emotions and sensations felt by someone in a short-term trade can bring on fear stronger than that of certain death, or a… Read More »
What is an Oscillator An oscillator is a leading technical indicator which fluctuates above and below a center line and normally has upper and lower bands which indicate overbought and oversold conditions in the market (an exception to this would be the MACD which is an Oscillator as well). What is RSI The RSI is… Read More »
Source Do you remember the name of your kindergarden teacher? I do, mine. Her name was Mrs.White. I don’t remember much about what we learned in her class, but my mother once told me that we used to write a lot. And I would bring back what I wrote and she would look at it… Read More »
Jubilant Food Positional Traders can use the below mentioned levels Close Below 1283 Target 1220 Intraday Traders can use the below mentioned levels Buy above 1310 Tgt 1330, 1350 and 1370 SL 1300 Sell below 1283 Tgt 1260,1240 and 1220 SL 1292 Union Bank Positional Traders can use the below mentioned levels… Read More »
FII’s bought 6 K contract of Index Future worth 470 cores ,9.2 K Long contract were added by FII’s and 3.2 K Short contracts were added by FII’s. Net Open Interest increased by 12.4 K contract, so fall 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 closed below 24450 suggesting we can 24100 till we are below 24450. Bullish above 24480 for a move towards 24624/24800. Time Analysis combined with gann angle helped us in taking short below 24800 and rewarded with 450 points in 2 days. I have discussed the importance of 24476-24480… Read More »
There is a big difference between the Winner and Loser, and the difference does not lie in the way they choose their indicators or how they define entry signals. Difference lies in the MINDSET of a trader. As a trader we might have a dull period when our trades not go in right direction, same… Read More »
Century Textile Positional Traders can use the below mentioned levels Close Below 1235 Target 1185/1160 Intraday Traders can use the below mentioned levels Buy above 1255 Tgt 1265, 1275 and 1290 SL 1245 Sell below 1235 Tgt 1225,1210 and 1195 SL 1245 I Bulls Housing Positional Traders can use the below mentioned levels Close… Read More »
FII’s bought 4.3 K contract of Index Future worth 419 cores ,2.8 K Long contract were added by FII’s and 1.5 K Short contracts were liquidated by FII’s. Net Open Interest increased by 1.3 K contract, so fall in market was used by FII’s to enter long and exit short in Index futures. FII’s Long to… Read More »