Last Week we gave Chopad of 30777 Bank Nifty Did 1 target on downside and 1 target on upside so Average week for Chopad Followers. Lets see how to trade next week as we have important time cycle date on 26 Feb. Bank Nifty Harmonic Pattern Break of 30700 can see fall extending towards 30500/30200/30000.… Read More »
Last Week we gave Chopad of 12119 Nifty Did 3 target on downside and got stopped out on upside so Average week for Chopad Followers. Lets see how to trade next week as we have important time cycle date on 26 Feb. Nifty Harmonic Break of 12050 can see fall extending towards 11970/11896/11800. Nifty Gann… Read More »
Coming week 3813-3834 will play a crucial role. Crude is now facing resistance at Planetary line as shown in below chart. Crude Time Cycle 24/26 Feb Important time cycle date. Weekly Trend Change Level:3834 Weekly Resistance:3884,3940,3990,4030 Weekly Support:3790,3730,3677,3610 Levels Mentioned are for March Contract Crude
As discussed in last analysis USD INR is trading in a tight range signalling good move can be seen in coming week Coming week 71.45-71.48 range will play crucial. We got the big move in USD,Coming week 71.90-71.95 will play crucial role. Major Trend Change date for INR is 26 Feb Weekly Trend Change:… Read More »
Trading is Buying and selling securities or commodities on a short-term basis, hoping to make quick profits.You might hear of rags to riches stories or traders boasting about the money they made in a trade. Its am exciting business but the fact is only 5% of traders are able to make money on a consistent… Read More »
FII sold 7 K contract of Index Future worth 752 cores, Net OI has decreased by 5.1 K contract,6.6 K Long contract were covered by FII and 379 short were added by FII. Net FII Long Short ratio at 0.23, So FII used fall to exit longs and enter shorts. As discussed in last analysis Now… Read More »
As discussed in Last Analysis Now Bulls need to move above 30950 for upmove towards 31125/31299/31474. Bears will get active below 30770 for a move back to 30601/30426. Bank Nifty did whipsaw on both upside and downside. Bulls need a close above 31000 for a move back to 31118/31293. Bears need close below 30700 for… Read More »
Once, long ago Lord Vishnu was having his nap on the serpent king Sheshanaga, Goddess of fortune was massaging his feet and his attendants were serving him. Lord Brahma chanced to come there. He asked Lord Narayana, “Who are you lying here like a haughty person after seeing me ? Get up, O dear see… Read More »
Market has been Topsy turfy in past 4 trading session and we have a long trading weekend coming ahead which should be used by traders in productive manner to improve trading, Let me discuss a real life incident of my student how he was afraid of trading and how after going through the training he… Read More »
By Walter T. Downs When trading goes right, it can be a great feeling. When trading goes wrong it can be a nightmare. Fortunes are made in a matter of weeks and lost in a matter of minutes. This pattern repeats itself as each new generation of traders hit the market. They hurl themselves out… Read More »