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 »
Bajaj Auto Intraday Traders can use the below mentioned levels Buy above 2111 Tgt 2122,2139 and 2160 SL 2093 Sell below 2090 Tgt 2082,2066 and 2053 SL 2098 Hindalco Any close below 136 short term target 131. Intraday Traders can use the below mentioned levels Buy above 138.2 Tgt 139,140 and 141.2 SL 137… Read More »
Last week we gave the Chopad level of 18686 Bank Nifty achieved 1 target on upside and 1 target on downside .Lets analyze how to trade next week. Bank Nifty Hourly Bank Nifty on hourly charts is forming triangle pattern suggesting breakout/breakdown. Till trading above 18707/18637 bias on bullish for target of 19000/19250. Bank Nifty… Read More »
Brief of Satyam Computer On 24th June 1987, Satyam Computer was incorporated as private limited company for providing software development and consultancy services to large corporation. The company was promoted by B Rama Raju and B Ramalinga Raju. In 1991, Satyam Computers became the first Indian company to provide offshore services. His first major client… Read More »
BHEL Holding 233 stock is heading to 238/241 and 246. Any close below 233 short term target 228/225/220. Intraday Traders can use the below mentioned levels Buy above 236.5 Tgt 238.8,241.5 and 244.2 SL 235 Sell below 233 Tgt 231,228 and 225 SL 234.5 Apollo Tyre Intraday Traders can use the below mentioned levels… Read More »
FII’s sold 2.8 K contract of Index Future worth 88 cores,7.4 K Long contract were added by FII’s and 10.3 K short contracts were added by FII’s. Net Open Interest increased by 17.8 K contract. Developing a Successful Trading Strategy Nifty continued with its rally after intraday dip 107 points and recovering in last hour of trade… Read More »
Nifty did again the Unexpected Making everyone Bearish Today after RBI policy Traders holding Bulk of Puts and Than came the U-turn and an awesome rise in 45 mins. Traders who were short need to cover at high price or might be still holding the shorts in a HOPE of nifty coming down.(Well it can… Read More »
Monetary and Liquidity Measures On the basis of an assessment of the current and evolving macroeconomic situation, it has been decided to: • keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 7.5 per cent; • keep the cash reserve ratio (CRR) of scheduled banks unchanged at 4.0 per cent of… Read More »