Category Archives: Daily

How Ordinary People Became Millionaire Traders

By | August 28, 2020 3:33 pm

By: Monica Hendrix In the late eighties I was reading the excellent book “Market Wizards” by Jack Shwager and was fascinated by a story of how ordinary people were taught to trade in just 14 days and went on to make hundreds of millions of dollars. How was it possible? Let’s take a look at… Read More »

Nifty Aug Monthly Expiry Levels

By | August 26, 2020 10:56 pm

FII bought 3.5 contract of Index Future worth 360 cores, Net OI has increased by 42 K contract, 22 K Long contract were added by FII and 19.2 K Shorts were added by FII. Net FII Long Short ratio at 1.56, So FII used rise to enter longs and enter shorts.  As discussed in last… Read More »

Bank Nifty Analysis for 26 Aug

By | August 25, 2020 7:09 pm

As discussed in last analysis Now bulls need to move above 22953 for a move back to 23104/23257/23409.Bears will get active below 23710 for a move back to 22500/22351.Low made was 22857 so bulls once above 22953 did 23104, Now Bulls need to hold 23043-23020 range for upmove to continue towards 23350/23551. Bears will get… Read More »

Nifty Bank Analysis After Breakout

By | August 24, 2020 7:35 pm

As discussed in last analysis Another gap up open in Bank Nifty, Now bulls need to move above 22350 for a move back to 22500/22721/22900. Bears will get active below 22250 for a move back to 22100/21920. Low made today was 22410 so bulls were able to ride towards 3 target as high made was… Read More »

Are You a Good Trader or a Bad Trader?

By | August 24, 2020 4:13 pm

Trading is a game of acceptance, patience, wisdom, persistence, discipline, and detachment. While there’s no single tactic of doing this, there some signs that state whether your trading practices are on the right track or not. Below are some positive and negative traits of a trader: Its an well known  adage in Stock market “90%… Read More »

Nifty 50 Technical Analysis and Insights

By | August 22, 2020 8:32 pm

FII bought 15.8 K contract of Index Future worth 1236 cores, Net OI has increased by 3.3 K contract, 9.6 K Long contract were added by FII and 6.2 K Shorts were liqudiated by FII. Net FII Long Short ratio at 1.51, So FII used rise to enter longs and exit shorts.  As discussed in… Read More »

Paryushan Maha Parva 2020

By | August 22, 2020 6:00 pm

Paryushan parva is a time of reflection on our past year actions.  It is observed during every Chaturmas commencing on the twelth day of the shukla paksha of “Bhadrapad” month and ending on the fourth day of Krishna paksha of Bhadrapad.  It is marked by strict observance of the ten cardinal virtues:  Forgiveness, Charity, Simplicity,… Read More »

Nifty Bank Technical Analysis and Insights

By | August 22, 2020 4:42 pm

As discussed in last analysis Now Bears need to break 21880 for a move back to 21710/21500. Bulls will get active above 22100 for a move back to 22300/22500. Important Astro date tommrow. Another gap up open in Bank Nifty, Now bulls need to move above 22350 for a move back to 22500/22721/22900. Bears will… Read More »

Supply Demand Analysis:ICICI Pru BPCL Siemens

By | August 21, 2020 7:46 am

ICICI Pru Positional  Traders can use the below mentioned levels Close below 436 Target 419 Intraday Traders can use the below mentioned levels Buy above 441 Tgt 444, 448 and 452 SL 438 Sell below 436 Tgt 433, 429 and 425 SL 439 Siemens Positional  Traders can use the below mentioned levels Close below 1207… Read More »