Trading is a profession and nothing less. Most professions such as medical, legal, psychological,pharmaceutical, technical, mechanical, engineering, etc., require several years of education, study and effort. Not to mention the money required for learning the necessary skills. Then it takes many more years of actual practice to develop the skills and gain the experience to… Read More »
As per our Last Analysis Coming week bearish only below 70.2 USD Opened gap down and on 21 May made high of 69.88 and corrected all the way towards 69.52. Coming week 69.67 will play crucial role as we are trading within gann angle so range bound move can continue. Major Trend Change date for… Read More »
FII’s sold 3.4 K contract of Index Future worth 9 cores 16.1 K Long contract were covered by FII’s and 19.6 K Short contracts were added by FII’s. Net Open Interest increased by 35.8 K contract, so rise in Nifty 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 31500 done above 30700 and we also protected sun ingress low of 30265 as discussed. Bank Nifty Bulls will get active above 30526 for a move towards 30700/30877/31000. Bank Nifty protected the Sun Ingress low of 30265 also gann angle support as shown in below chart,bounced above 30526 to achieve… Read More »
Source There was a fabulous saint in Andhra Pradesh named Vemana. There is no home in Andhra Pradesh who would not have at least a little book about him. Though his name was something else, they called him Vemana. When he was a young boy, he was known to be an utter fool. He lived… Read More »
LIC Housing Positional Traders can use the below mentioned levels Close above 533 Target 550 Intraday Traders can use the below mentioned levels Buy above 533 Tgt 538,543 and 548 SL 529 Sell below 525 Tgt 520,515 and 510 SL 529 PNB Positional Traders can use the below mentioned levels Close above 85 Target 89/92… Read More »
FII’s sold 18.3 K contract of Index Future worth 1413 cores 10 K Long contract were covered by FII’s and 8.5 K Short contracts were added by FII’s. Net Open Interest decreased by 1.7 K contract, so fall in Nifty was used by FII’s to exit long and enter short in Index futures.FII’s Long to… Read More »
As Discussed in Last Analysis We formed an inside day today be prepared for volatility if you are having small capital try to stay away as volatile move can lead to big losses. Bank Nifty Bulls will get active above 30700 for a move towards 31000/31260/31500. Bears below 30265 for a move back to 30000/29840/29500.… Read More »
Kotak Bank Positional Traders can use the below mentioned levels Close below 1482 Target 1444/1400 Intraday Traders can use the below mentioned levels Buy above 1500 Tgt 1510,1525 and 1555 SL 1490 Sell below 1482 Tgt 1470,1455 and 1444 SL 1490 Federal Bank Positional Traders can use the below mentioned levels Close below 100 Target… Read More »
FII’s bought 1.2 K contract of Index Future worth 135 cores 14.5 K Long contract were added by FII’s and 13.3 K Short contracts were added by FII’s. Net Open Interest increased by 27.8 K contract, so rise in Nifty was used by FII’s to enter long and enter short in Index futures.FII’s Long to… Read More »