As Discussed in Last Analysis Now Bulls closed above 27000 and has rallied 200 point we expect a min 500 points rally waiting for extended target of 27360/27504 till we are holding 27051. Bears will get active below 26900 for a move towards 26784/26640/26496/26352. High made today was 27364 so we achived our next target of 27360… Read More »
Failure is part and parcel of trading but till a certain limit. At first if you don’t succeed, try, try again. And when you fail as a trader repeatedly fail and bust your trading account, is it’s wise to continue trading ? Long ago psychologists mapped out something called the inverted U theory of stress and… Read More »
Escorts Positional Traders can use the below mentioned levels Close above 676 Target 699 Intraday Traders can use the below mentioned levels Buy above 676 Tgt 681,686 and 695 SL 672 Sell below 666 Tgt 660,655 and 649 SL 672 Infosys Positional Traders can use the below mentioned levels Close below 672 Target 660/641… Read More »
FII’s sold 12.2 K contract of Index Future worth 950 cores 1.6 K Long contract were added by FII’s and 13.8 K Short contracts were added by FII’s. Net Open Interest increased by 15.4 K contract, so rise in Nifty was used by FII’s to enter long and enter short in Index futures.FII’s Long to Short… Read More »
As Discussed in Last Analysis Finally we are able to close above 27000, As discussed on Twitter Close above/below 27000 lead to 500-1000 points move, as shown in below chart we have 5 instances in 2018 where we closed above or below 27000 and we got the move of 500-1000 points so we can expect… Read More »
SUN TV Positional Traders can use the below mentioned levels Close above 576 Target 589/699 Intraday Traders can use the below mentioned levels Buy above 576 Tgt 581,586 and 593 SL 572 Sell below 568 Tgt 562,555 and 547 SL 572 I Bulls Housing Positional Traders can use the below mentioned levels Close below 768… Read More »
Nifty Dec Future Open Interest Volume is at 2.09 core with liquidation of 0.86 Lakh with increase in cost of carry suggesting long position were closed today, NF Rollover cost @10727 closed above it. 11000 CE is having Highest OI at 44.4 Lakh, resistance at 10900 followed by 11000 .10400-11000 CE liquidated 11.6 lakh in… Read More »
As Discussed in Last Analysis Bank Nifty traded within the range and did not break high or low of time cycle and went to 2 day of consolidation suggesting we should get a big move in next 2 days as 17 Dec is again very important time cycle date. Plan remains the same Bears will… Read More »
When it comes to trading psychology, in order to be successful in the markets traders must master HOW TO HANDLE LOSS. Loss aversion is being unable to accept a loss once in a trade. You tell yourself you’ll get out if you lose a certain amount, but just before getting stopped out you decide to… Read More »
Yes Bank Positional Traders can use the below mentioned levels Close above 181 Target 190/199 Intraday Traders can use the below mentioned levels Buy above 181 Tgt 184,188 and 191 SL 179 Sell below 176 Tgt 172,169 and 166 SL 178 Tata Motors Positional Traders can use the below mentioned levels Close above 169 Target… Read More »