Reliance Capital Positional Traders can use the below mentioned levels Close above 264 Target 276/283 Intraday Traders can use the below mentioned levels Buy above 264 Tgt 267,271 and 277 SL 261 Sell below 257 Tgt 253,249 and 244 SL 260 Century Textile Positional Traders can use the below mentioned levels… Read More »
Last Week we gave Chopad level of 25730 Bank Nifty gave Short entry which got Stop out ,Long failed to do any target on upside , so bad week for chopad followers.Lets see how we trade Bank nifty in coming week as we approach time cycle date of 13 Nov. Bank Nifty Harmonic Pattern … Read More »
Last Week we gave Chopad level of 10570 Nifty gave a short trade and did 1 target on downside Lets see how we trade Nifty in coming week as we approach time cycle date of 13 Nov. Nifty Harmonic Heading in PRZ zone of 10630-10645 unable to break can see fall back to 10301 Nifty… Read More »
FII’s bought 7.1 K contract of Index Future worth 647 cores ,10.7 Long contract were added by FII’s and 1.9 K Short contracts were added by FII’s. Net Open Interest increased by 12.6 K contract, so fall in Nifty was used by FII’s to enter long and enter short in Index futures.FII’s Long to Short Ratio… Read More »
As Discussed in Last Analysis High made was 25860 so we did our target of 25850 but failed to close above 25800 or below 25500. As we have holiday tomorrow so stick to same plan Bullish above 25800 for a move towards 25920/26059. Bearish below 25500 for a move back to 25250/25100. Bank Nifty has been… Read More »
Most of traders develop trading systems based on patterns we see in price action or in momentum or other indicators. But, what if we took “time” into account as well? When ever we talk of TIME, one person which come to our Mind is legendary W D Gann. But there are many other famous traders… Read More »
In Continuation with the previous 2 articles Trading Lesson Learnt From my Trading Guru Valuable Trading Lesson Learnt From my Trading Guru Part-II Before starting the article a small note, If You Really Enjoy my article, Could you please do me a ‘Huge favor’ after you have finished reading today’s lesson. Please click the Facebook… Read More »
TREND LINES Technical analysis is built on the assumption that prices trend. Trend lines are an important tool in technical analysis for both trend identification and confirmation. A trend line is a straight line that connects two or more price points and then extends into the future to act as a line of support or… Read More »
Continuing with my previous week article Trading Lesson Learnt From my Trading Guru I hope many traders who are trading or willing to start trading will be facing with the same dilemma and confusion so today am sharing few fundas i got from my trading guru. Use them and see the change in your trading.… Read More »
As traders we have two general ways to engage financial markets. First, we can conduct intensive research on macroeconomic drivers, fundamental news releases, and key economic data and come to a conclusion concerning the future direction of a specific financial asset; then, once the research has been conducted and a decision has been made, we… Read More »