Tech M Positional Traders can use the below mentioned levels Close below 674 Target 666/655 Intraday Traders can use the below mentioned levels Buy above 691 Tgt 696,701 and 710 SL 686 Sell below 674 Tgt 670,666 and 660 SL 679 BPCL Positional Traders can use the below mentioned levels Close… Read More »
Last Week we gave Chopad level of 26320 Bank Nifty short triggered did 2 target on downside and high made was on 19 Nov our time cycle date. Lets see how we trade Nifty in coming week as we approach time cycle date of 19 Nov. Bank Nifty Harmonic Pattern ABCD Harmonic Pattern was… Read More »
Last Week we gave Chopad level of 10712 Nifty gave a long trade and did 1 target on upside and short triggered did 3 target on downside. Lets see how we trade Nifty in coming week as we approach time cycle date of 19 Nov. Nifty Harmonic Shark Harmonic Pattern was formed 10385 is target… Read More »
Crude made a top on 03 Oct near Gann angle as shown in below chart and has shown a Major Breakdown as per below chart. We had a clean move from 1 gann angle to another. Crude will become Bullish on a close above 3730, Any close below 3512 can see fast fall towards… Read More »
We have been Discussing USD INR analysis in past few weeks and as shown in below chart we were able to capture the top and also the whole moved which happened. Rupee in longest gaining streak against US dollar in 18 months down 220 Pips in single week. Reason For Crash Benchmark Brent crude prices… Read More »
To produce profits, consistent profits, and then big profits, you need an edge, a strategy that gets molded and adjusted into a trading plan that matches your unique goals and resources. When a trader reaches this stage, trading losses are a business expense. Today we will discuss few steps a traders can take on dealing… Read More »
Once a little boy was playing outdoors and found a fascinating caterpillar. He carefully picked it up and took it home to show his mother. He asked his mother if he could keep it, and she said he could if he would take good care of it. The little boy got a large jar… Read More »
Overtrading refers to excessive buying and selling of stocks by Traders with Hope of making more money. Interestingly lot of traders themselves do not know whether they are overtrading or not, sometimes when they win they tend to over trade because they feel It Their “LUCKY DAY”. Other times they overtrade because they have string of losses and… Read More »
FII’s bought 29.1 K contract of Index Future worth 1600 cores ,1.8 K Long contract were added by FII’s and 27.3 K Short contracts were covered by FII’s. Net Open Interest decreased by 25.4 K contract, so fall in Nifty 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 Low made today was 26060 near gann angle support and we saw the bounce back towards our target of 26352 High made was 26342, Now Bulls need to wait for target of 26496/26640/26784. Bearish below 26200 for a move back to 26064/25920. Bearish target done low made was 25947 and… Read More »