Source by Paul B Farrell, JD, PhD Behavioral finance researchers have studied the performance of stock market traders in both America and Asia. Interestingly, they discovered that traders in both countries under-perform the world’s broad markets by significant amounts. One study analyzed 66,400 accounts at a major Wall Street firm over a seven-year period. Another… Read More »
Tata Steel Intraday Traders can use the below mentioned levels Buy above 593 Tgt 597,601 and 608 SL 589 Sell below 588 Tgt 584,579 and 573 SL 591 Hind Petro Intraday Traders can use the below mentioned levels Buy above 349 Tgt 352,355 and 360 SL 347 Sell below 345 Tgt 341,338 and… Read More »
As Discussed in Last Analysis Bank Nifty again bounced from gann angle as shown in below chart, traders who went long above 24100 were also rewarded handsomely,This is beauty of price and time meeting we are able to capture big move. We also saw the effect of time cycle confluence as discussed in weekly analysis.… Read More »
FII’s sold 25 K contract of Index Future worth 2014 cores ,9.4 K Long contract were covered by FII’s and 15.9 K Short contracts were added by FII’s. Net Open Interest decreased by 6.4 K contract, so rise in market was used by FII’s to exit long and enter short in Index futures. FII’s Long to… Read More »
FII’s sold 25 K contract of Index Future worth 2010 cores ,14.4 K Long contract were covered by FII’s and 10.8 K Short contracts were added by FII’s. Net Open Interest decreased by 3.5 K contract, so fall in market 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 Low made today was 24095 so bulls continue to hold time cycle low of 24100, but as market is touching support again and again suggesting crack are showing, Any hourly close below 24050 can see face decline towards 23800/23600. Till 24100 is holding bulls can bounce back towards 24250/24355/24480. Bank Nifty… Read More »
FII’s bought 2 K contract of Index Future worth 224 cores ,4.5 K Long contract were added by FII’s and 2.4 K Short contracts were added by FII’s. Net Open Interest increased by 6.9 K contract, so fall in market 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 new time cycle is coming so bulls can see a comeback till we are holding 24100. Bulls need a close above 24250 for up move to continue towards 24355/24500. Bearish below 24000 for a move towards 23800/23600. Low made today was 24095 so bulls continue to hold time cycle… Read More »
As Discussed in Last Analysis As new time cycle is coming so bulls can see a comeback till we are holding 24100. Bulls need a close above 24250 for up move to continue towards 24355/24500. Bearish below 24000 for a move towards 23800/23600. Bank Nifty opened with gap up and did high of 24460 near… Read More »
As Discussed in Last Analysis Again we are near the important support zone of 24050-24100 so holding the same we can see bounceback towards 24250-24300. Bullish on close above 24250 for a move back towards 24500/24750. Bearish below 24000 for a move towards 23780/23600. Yesterday was an important time cycle date so holding 24100 we… Read More »