Bank Baroda Positional/Swing Traders can use the below mentioned levels Holding 134 Short term target 139/142 Intraday Traders can use the below mentioned levels Buy above 137 Tgt 138.5,141 and 144 SL 136 Sell below 133.5 Tgt 132,129.5 and 126 SL 134.5 Dabur Positional/Swing Traders can use the below mentioned levels Holding 254 Tgt… Read More »
Every trader will always have an opinion about the market. “It’s a bear market, Sell everything” “I’m pretty bullish on the markets we are nearing bottom.” Each and every trader will have their own personal explanation as to why the market is moving a certain way. Most of Traders will ask “Kya Lag Raha hai… Read More »
As discussed in Last Analysis Bank Nifty did the final target of shark pattern and showed bounce back, but closed below the demand zone of 16286 Bank Nifty made high of 16229 and was unable to close above 16286, and which increases probability of Bank Nifty going towards 15762/15800. Bullish only above 16300, Low made… Read More »
FII’s sold 6.2 K contract of Index Future worth 355 cores ,5.5 K Long contract were liquidated by FII’s and 0.06 K short contracts were added by FII’s. Net Open Interest decreased by 4.8 K contract, so rise in market was used by FII’s to exit long and enter shorts in Index futures.Keep Your Dream As… Read More »
As discussed in Last Analysis Bank Nifty did the final target of shark pattern and showed bounce back, but closed below the demand zone of 16286mBank Nifty made high of 16229 and was unable to close above 16286, and which increases probability of Bank Nifty going towards 15762/15800. Bullish only above 16300 Keep Your Dream… Read More »
Bank Nifty did the Shark pattern target 16523 , and should now head for the next target of 16254 as Bank nifty sustained below 16450,We have trendline support at 16292. Price action near 16254-16280 is important to know the next move.Bullish only on close above 16771.Think Less & Keep It Simple Bank Nifty December Future… Read More »
FII’s bought 520 contract of Index Future worth 33 cores ,6.4 K Long contract were added by FII’s and 5.8 K short contracts were added by FII’s. Net Open Interest increased by 12.3 K contract, so fall in market was used by FII’s to enter long and enter shorts in Index futures.How Important is Trading Psychology?… Read More »
Bank Nifty corrected till 16824 level in intraday near demand zone of 16860 and bounced back sharply,and now is heading towards the gann resistance line of 1×2 which comes around 17220-17250.New Year Resolutions for Trading Success Bank Nifty December Future Open Interest Volume is at 17.5 lakh with addition of 0.58 Lakh .Bank Nifty rollover… Read More »
Wishing Dear Readers a very very happy and prosperous and profitable new Year. Traders should work on New Year resolutions and use the below 2 post for planning a successful and profitable 2016. Traders’ Resolutions for New Year-2016 New Year Resolutions for Trading Success Bank Nifty in 2015 made a High of 20908 04-March-2015 which was… Read More »
HOW TO TRADE USING CHANNELS Channels are another important technical analysis tool used by traders to determine profitable trade set ups on both short and long sides. Channels give precise entry,exit,stop loss and profit booking levels. What is a Channel A channel is the combination of an existing trendline and a new, parallel trendline… Read More »