As discussed in Last Analysis Bank Nifty high made today was 20727 exactly near our 1 target of 20721. Now bulls need a close above 20750 for a move towards 20905/21200. Bearish only close below 20400 for a move towards 20200/20000. Bank Nifty traded in narrow range today and unable to break 20750 on upside… Read More »
Trading can be a lot like gambling if you let it be so. Some of the best traders in the world are also great poker players, but there’s a big difference between how you trade and how people gamble. How can trading be gambling? What I’m talking about is the average trader out there that… Read More »
Crompton G Positional Traders can use the below mentioned levels Close above 72.5 Target 76/79 Intraday Traders can use the below mentioned levels Buy above 71.2 Tgt 72.2, 73.3 and 74.4 SL 70.6 Sell below 70.5 Tgt 69.9,68.8 and 67.7 SL 71 LIC Housing Positional Traders can use the below mentioned levels Close above 573… Read More »
FII’s bought 998 contract of Index Future worth 66 cores , 14 K Long contract were added by FII’s and 13 K short contracts were added by FII’s. Net Open Interest increased by 27.1 K contract, so fall in market was used by FII’s to enter long and enter short in Index futures. How Ordinary People… Read More »
As discussed in Last Analysis Bank Nifty high made today was 20727 exactly near our 1 target of 20721. Now bulls need a close above 20750 for a move towards 20905/21200. Bearish only close below 20400 for a move towards 20200/20000. Bank Nifty traded in narrow range today and unable to break 20750 on upside… Read More »
By: Monica Hendrix In the late eighties I was reading the excellent book “Market Wizards” by Jack Shwager and was fascinated by a story of how ordinary people were taught to trade in just 14 days and went on to make hundreds of millions of dollars. How was it possible? Let’s take a look… Read More »
Tata Elxsi Positional Traders can use the below mentioned levels Close below 1453 Target 1400/1370 Intraday Traders can use the below mentioned levels Buy above 1474 Tgt 1490, 1515 and 1530 SL 1467 Sell below 1463 Tgt 1450,1432 and 1410 SL 1470 AB Nuvo Positional Traders can use the below mentioned levels Close above 1470 … Read More »
FII’s sold 5 K contract of Index Future worth 326 cores , 1.3 K Long contract were liquidated by FII’s and 3.7 K short contracts were added by FII’s. Net Open Interest increased by 2.4 K contract, so rise in market was used by FII’s to exit long and enter short in Index futures. Key to… Read More »
As discussed in Last Analysis If 20500 is held we can see again upmove towards 20750/20800. Weekly close was very dicey as Bulls were not able to close above 20500 and bears below 20450, Bank Nifty is forming a bullish ABCD pattern as shown below so if low of 20420 is held we can see… Read More »
PNB Positional Traders can use the below mentioned levels Close above 141 Target 144/147/152 Intraday Traders can use the below mentioned levels Buy above 140.4 Tgt 141, 142 and 143.1 SL 140 Sell below 139.4 Tgt 138.5,137 and 136.2 SL 140 REL INFRA Positional Traders can use the below mentioned levels Close above… Read More »