While day after day we are bombarded with musings from talking-heads proclaiming that no matter what happens in the future, buying stocks and buying more stocks is the way to go, the data has a different story to tell. As Goldman Sachs notes, at a forward PE of 17.5x, the equity market looks more expensive… Read More »
Bata India Any close below 987 stock is heading to 966/932. Intraday Traders can use the below mentioned levels Buy above 1008 Tgt 1015,1025 and 1043 SL 1002 Sell below 990 Tgt 982,973 and 955 SL 995 Allabhad Bank Any close below 97 short term target 92/89 Intraday Traders can use the below mentioned… Read More »
Last week we gave the Chopad level of 18496 Bank Nifty achieved 3 target on downside and got stopped out on upside .Lets analyze how to trade next week. Bank Nifty Hourly Bank Nifty on hourly charts is entering the demand zone where it got bounced before also,17800 if held can see 300-400 point bounce in… Read More »
Let’s face it. The market will always do what it wants to do, and move the way it wants to move. Every day is a new challenge, and almost anything from global,local politics, major economic events, to central bank rumors can turn financial market one way or another. This means that each and every one… Read More »
Colgate Intraday Traders can use the below mentioned levels Buy above 2019 Tgt 2033,2055 and 2092 SL 2011 Sell below 1995 Tgt 1975,1960 and 1940 SL 2011 M&M Finance Any close above 288 short term target 300/322. Intraday Traders can use the below mentioned levels Buy above 283.5 Tgt 285.4,288 and 292 SL 281 Sell… Read More »
Infy Intraday Traders can use the below mentioned levels Buy above 2141 Tgt 2155,2187 and 2219 SL 2129 Sell below 2125 Tgt 2105,2073 and 2050 SL 2135 IDFC Any close above 168 stock is heading to 174/178. Intraday Traders can use the below mentioned levels Buy above 167 Tgt 168,169.3 and 171.5 SL 166.4… Read More »
It’s a story that Harsha Bhogle, India’s most loved cricket commentator, loves to tell, over and over again. Making his debut in Test cricket for Sri Lanka, Marvan scored a duck in his first innings. And again, in his second innings. They dropped him. So he went back to the nets for more practice. More… Read More »
Reliance Intraday Traders can use the below mentioned levels Buy above 882 Tgt 886,890 and 895 SL 877 Sell below 872 Tgt 867,862 and 858 SL 876 Gail Unable to close above 377 stock is heading to 369/364. Intraday Traders can use the below mentioned levels Buy above 380 Tgt 384,388 and 392 SL 376… Read More »
Last week we gave the Chopad level of 18816 Bank Nifty achieved 2 target on upside and 1 target on downside .Lets analyze how to trade next week. Bank Nifty Hourly Bank Nifty on hourly charts is entering the demand zone where it got bounced before also,18250 if held can see 300-400 point bounce in… Read More »
I trade mainly off the daily charts, and I teach my students to do the same. If you want to have a realistic chance at making a living as a trader, you need to master trading the daily charts before all else. This is one of the most important pieces of the puzzle of being… Read More »