FII’s sold 10.5 K contract of Index Future worth 244 cores, 9.9 K Long contract were added by FII’s and 20.4 K short contracts were added by FII’s. Net Open Interest increased by 30.3 K contract ,so FII’s added both long shorts in Index futures. Nifty continued with formation of higher highs and higher lows and also… Read More »
Last week we gave the Chopad level of 19076 Bank Nifty achived all 3 targets rewarding Chopad followers with 400+ points. Lets analyze how to trade in coming week Bank Nifty Hourly Bank Nifty hourly chart is forming a triangle pattern breakout comes above 18800 for a target of new high and breakdown 18400 for… Read More »
They could not handle the losses. Some could not handle losing money at all, others chose to not manage risk and the big losses ruined them financially and they had to stop trading. Or the big losses ruined them mentally or emotionally for trading and they could not get back in the game after the… Read More »
For those hoping that the recent brief dip in Brent crude below $50 – most notably Venezuela’s intrepid socialist leader Nicolas Maduro whose numbered days get shorter with every day Brent closes red, and countless bondholders of junk- debt capitalized shale companies – would mean that Saudi Arabia’s vendetta against OPEC would finally be put… Read More »
FII’s sold 6.7 K contract of Index Future worth 176 cores, 2.1 K Long contract were squared off by FII’s and 4.5 K short contracts were added by FII’s. Net Open Interest increased by 2.4 K contract ,so FII’s squared off long and added shorts in Index futures. This is what we discussed yesterday Nifty hourly chart… Read More »
Here are the biggest falls in the Indian stock market history: Jan 21, 2008: The Sensex saw its highest ever loss of 1,408 points at the end of the session on Monday. The Sensex recovered to close at 17,605.40 after it tumbled to the day’s low of 16,963.96, on high volatility as investors panicked following weak… Read More »
FII’s sold 27.5 K contract of Index Future worth 605 cores, 26.8 K Long contract were squared off by FII’s and721 short contracts were added by FII’s. Net Open Interest decreased by 26 K contract ,so FII’s squared off majority long in Index futures in. Nifty hourly chart touched the resistance line and gave pullback, touching… Read More »
Bank Nifty Hourly Bank Nifty hourly chart will breakout above 19100 for target of 19800/20000. Bank Nifty Hourly EW Daily Hourly Elliot wave analysis is shown,19166 will play crucial role next week. Bank Nifty EW Daily This is what we discussed last week Long term Elliot wave is drawn on Bank Nifty which gives target… Read More »
In Continuation with Previous Article W.D. Gann Trading Techniques – I Trend and trend following techniques: In fast advancing markets, in the last stage of the campaign, reactions get smaller as stocks work to higher level, until the final run has ended. Then comes a sharp reaction and a reversal in the trend. Same happens… Read More »
Traders should never underestimate the role that stress plays in their trading. Many more will succeed or fail based on their ability to handle stress than will have their winning and losing determined by a robust method, mentor, or risk management. It is even possible for a trader to win consistently and still not be… Read More »