As discussed in last analysis Bears need to break 19000 for a move back to 18800/18580. Bulls will get active above 19210 for a move back to 19450/19646.Bank Nifty bears got active below 19000 and did 1 target on downside.As we are near gann angle support Bulls need to move above 19044 for a move… Read More »
Most of traders develop trading systems based on patterns we see in price action or in momentum or other indicators. But, what if we took “time” into account as well? When ever we talk of TIME, one person which come to our Mind is legendary W D Gann. But there are many other famous traders… Read More »
Came across a great article here by Brett Steenbarger titled ‘A Self-Help Crash Course for Traders’. The article applies a discipline called ‘brief therapy’ to address the issue of why traders can’t seem to control themselves and make the same mistakes over and over again. It has quite a number of good points. Here’s a… Read More »
What Does A Mechanical Trading System Mean? What Does A Discretionary Trading System Mean? We have discussed about different type of trading system,Once you are able to decide what type of system suits you next is important points to include as part of your trading system. 1) Positive Risk To Reward Ratio Risk to reward… Read More »
Once there was a great king named Vishwamitra. One day he learned that there was a saint in his kingdom whom everybody adored. The name of this saint was Vashishtha, and everyone gladly touched his feet. Now, although Vishwamitra was a very great king, nobody used to come and touch his feet. People were afraid… Read More »
Indusind Bank Positional Traders can use the below mentioned levels Close below 425 Target 400 Intraday Traders can use the below mentioned levels Buy above 433 Tgt 436, 440 and 444 SL 430 Sell below 425 Tgt 420, 416 and 410 SL 428 SUN TV Positional Traders can use the below mentioned levels Close below… Read More »
FII sold 19.5 K contract of Index Future worth 1328 cores, Net OI has increased by 5.1 K contract, 7.2 K Long contract were covered by FII and 12.3 K shorts were covered by FII. Net FII Long Short ratio at 0.62, So FII used fall to exit longs and enter shorts. As discussed in… Read More »
As discussed in last analysis Bears will get active below 19600 for a move back to 19430,19335,19233.Mars and Venus have went Ingres today so today high and low will be important for next 500-800 points move in Bank Nifty. We had another gap down opening and now prices are back to gann angle support. Bears… Read More »
Below are the Nifty and Bank Nifty Weekly Options Trading Levels for 14 May. Options are for 14 May Weekly Expiry Bank Nifty Weekly Call Options for LONG Trade Bank Nifty Weekly PUT Options for LONG Trade Bank Nifty Weekly Call Options for SHORT Trade Bank Nifty Weekly PUT Options for SHORT Trade Nifty Weekly… Read More »
Jindal Steel Positional Traders can use the below mentioned levels Close below 96 Target 90 Intraday Traders can use the below mentioned levels Buy above 98 Tgt 99, 101 and 103 SL 97 Sell below 96 Tgt 95, 94 and 93 SL 97 ACC Positional Traders can use the below mentioned levels Close below 1195… Read More »