FII’s sold 6.9 K contract of Index Future worth 439 cores ,1.9 K Long contract were added by FII’s and 4.9 Short contracts were added by FII’s. Net Open Interest increased by 2.9 K contract, so rise in market was used by FII’s to enter long and enter short in Index futures. Trading Sins As discussed… Read More »
As discussed in Last Analysis So bank nifty continue to trade in the range we discussed 22180-22500, trend trades sit on sidelines till range in broken, scalpers buy low sell high till range in broken. Bank Nifty opened with gap up 22618 but came down to touch the breakout zone made low of 22450 and… Read More »
IBR Positional Traders can use the below mentioned levels Close above 157 Target 165 Intraday Traders can use the below mentioned levels Buy above 157 Tgt 158.3, 160 and 162.5 SL 156 Sell below 155 Tgt 153,151 and 149 SL 156 Jubilant Food Positional Traders can use the below mentioned levels Close above 1067 Target… Read More »
FII’s bought 1.4 K contract of Index Future worth 63 cores ,1.4 K Long contract were added by FII’s and 31 Short contracts were added by FII’s. Net Open Interest increased by 1.4 K contract, so fall in market was used by FII’s to enter long and enter short in Index futures. Trading Sins As discussed… Read More »
As discussed in Last Analysis As discussed 22547-559 range which is gann resistance level as per below charts, needs to be crossed for a fast rise towards 22800/22900 range. Bearish only on close below 22180. So bank nifty can keep playing the range of 22180-22500 before a move of another 300-400 points. High made today… Read More »
Being a Greedy and Carefree Most traders are no different from gamblers at the casino; they are all just chasing the ‘big win’. It’s an addictive game that gets in your blood and doesn’t get out until you blow off your trading account multiple or more times. Stop chasing the big winner on every trade… Read More »
Castrol Positional Traders can use the below mentioned levels Close above 441 Target 452/466 Intraday Traders can use the below mentioned levels Buy above 438 Tgt 441,446 and 451 SL 435 Sell below 431 Tgt 428,423 and 417 SL 433 Infratel Positional Traders can use the below mentioned levels Close above 356 Target 364/371 Intraday… Read More »
FII’s sold 9.4 K contract of Index Future worth 713 cores ,9.1 K Long contract were liquidated by FII’s and 313 Short contracts were added by FII’s. Net Open Interest increased by 8.7 K contract, so rise in market was used by FII’s to exit long and enter short in Index futures. The Secret to Trading… Read More »
As discussed in Last Analysis Any close above 22400 will be bullish for next move towards 22800/23200 with minor resistance at 22547. High made today was 22383 so bank nifty facing lot of challenge in crossing our level of 22380, once bulls are able to cross 22383 we can see quick move towards 22547/22559. Range of 22547/22559 is… Read More »
If you’re reading this blog post because you actually think there is some one thing that successful traders know that unsuccessful ones don’t, then let me first say: There is no single secret to successful trading! And by that I mean there is no secret wisdom passed down from master to pupil, or sacred texts… Read More »