How could an experienced trader lose his entire fortune? Why didn’t Jesse Livermore follow his own trading rules? – rules that should quickly have closed his losing positions. In 1917, with great foresight, Jesse Livermore had bought $800,000 worth of annuities. His objective was to ensure his family had an income in case he lost… Read More »
During my interaction with traders during my trading course,I came to know most of traders who loose money will keep changing their trading system the day it give them a loss. Till its milking money traders stick to it, but if 2-3 trades goes wrong they will keep the trading system on back burner and… Read More »
Once there lived a deadly cobra, on the outskirts of a village under a tree. Everyone in the village was scared of the cobra as it had bitten few people to death. One day few kids from the village were playing football near the same tree. During the play, the ball was kicked hard and… Read More »
Nifty Intraday Trading Level Nifty Bulls will get active above 11910 For a move towards 11932/11957/11987 Bears will get active below 11850 For a move towards 11821/11800/11777 Bank Nifty Intraday Trading Level Bank Nifty Bulls will get active above 30944 For a move towards 31032/31120/31300 Bears will get active below 30760 for a move back… Read More »
PEL Positional Traders can use the below mentioned levels Close above 2085 Target 2176 Intraday Traders can use the below mentioned levels Buy above 2085 Tgt 2105,2125 and 2150 SL 2070 Sell below 2050 Tgt 2025,2000 and 1976 SL 2070 Grasim Positional Traders can use the below mentioned levels Close above 907 Target 945 Intraday… Read More »
FII’s sold 1.7 K contract of Index Future worth 278 cores 1.6 K Long contract were added by FII’s and 3.4 K Short contracts were added by FII’s. Net Open Interest increased by 5.1 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 As Today was an important time cycle date and we are seeing range contraction in index we are bound to see a good move in Bank Nifty. Bulls will now get active above 31000 for a move back to 31155/31352. Bears will get active below 30900 for a move back… Read More »
Nifty Intraday Trading Level Nifty Bulls will get active above 11910 For a move towards 11932/11957/11987 Bears will get active below 11860 For a move towards 11840/11821/11800 All Spot Levels.. Trade with Discipline Bank Nifty Intraday Trading Level Bank Nifty Bulls will get active above 31020 For a move towards 31102/31190/31278 Bears will get active… Read More »
Maruti Positional Traders can use the below mentioned levels Close above 6881 Target 7043 Intraday Traders can use the below mentioned levels Buy above 6881 Tgt 6938,6970 and 7024 SL 6850 Sell below 6825 Tgt 6795,6750 and 6700 SL 6850 I BUlls Housing Positional Traders can use the below mentioned levels Close above 632 Target… Read More »
FII’s sold 1 K contract of Index Future worth 172 cores 3.7 K Long contract were liquidated by FII’s and 2.6 K Short contracts were liquidated by FII’s. Net Open Interest decreased by 6.4 K contract, so fall in Nifty was used by FII’s to exit long and exit short in Index futures.FII’s Long to… Read More »