I am often asked during my trading sessions – how long does it take to learn how to trade ? That is a tough question to answer. The short answer is that a diligent person can learn the basics of trading in a couple months. The long answer is that it can take a lifetime… Read More »
Lets discuss 2 Candlestick Pattern Engulfing and Kicker which will help you in understanding the reversal pattern. Bearish engulfing pattern: The bearish engulfing pattern consists of two candlesticks: the first is white and the second black. The size of the white candlestick is not that important, but should not be a doji, which would be relatively… Read More »
By Remez Sasson One day, a yogi and his disciple arrived in the big city. They had no money with them, but they needed food and a place to stay. The disciple was sure that they were going to beg for their food, and sleep in the park at night. “There is a big park… Read More »
KSCL Positional Traders can use the below mentioned levels Close above 536 Target 555 Intraday Traders can use the below mentioned levels Buy above 535 Tgt 539,544 and 549 SL 531 Sell below 527 Tgt 522,516 and 511 SL 531 Jindal Steel Positional Traders can use the below mentioned levels Close above 252… Read More »
As Discussed in Last Analysis So last 2 days we have got whipsawed on both side, it genreally happen when 2 gann angle meets and it also set base for bigger move which is bound to come. Under these time most important thing a trader has to do is control urge to take trade… Read More »
As Discussed in Last Analysis As we have expiry tommrow break of 24768 can see fast move till 24624/24480. Bullish above 24920 can see fast move till 25050/25200. 24768 was broken in first 5 mins and immediately recovered and as soon as 24920 was broken bulls did the target of 25050, High made was 25064… Read More »
TVS Motor Intraday Traders can use the below mentioned levels Buy above 660 Tgt 666,672 and 678 SL 655 Sell below 651 Tgt 646,640 and 633 SL 656 RBL Bank Intraday Traders can use the below mentioned levels Buy above 524 Tgt 527,531 and 535 SL 521 Sell below 518 Tgt 515,511… Read More »
FII’s bought 1.8 K contract of Index Future worth 163 cores ,9.5 K Long contract were added by FII’s and 7.7 K Short contracts were added by FII’s. Net Open Interest increased by 17.2 K contract, so fall in market was used by FII’s to enter long and enter short in Index futures. FII’s Long to… Read More »
As Discussed in Last Analysis Bulls did the target of 25120 above 25000, High made was 25123 and now bulls need to hold 25000 for the next towards 25200/25560. Bearsih below 25920 for move towards 24840/ 24768/24624/24500. Bank Nifty made high of 24993 so traded below 25000 keep bulls out of game from open as… Read More »
Ashok Leyland Positional Traders can use the below mentioned levels Close below 158 Target 153 Intraday Traders can use the below mentioned levels Buy above 160 Tgt 161.1,162.2 and 163.3 SL 159 Sell below 158 Tgt 157,156 and 155 SL 159 MCX Positional Traders can use the below mentioned levels Close below… Read More »