Titan Buy above 330 Tgt 334,338 and 344 SL 327 Sell below 323 Tgt 320,317 and 310 SL 326 PFC Buy above 305 Tgt 308,312 and 316 SL 303 Sell below 299.5 Tgt 297,293 and 289 SL 302 Apollo Tyre Buy above 176.5 Tgt 180,184 and 190 SL 175.5 Sell below 175 Tgt 172,168… Read More »
FII’s sold 21.8 K contract of Index Future worth 850 cores, 9.9 K Long contract were squared off and 11.8 K short contracts were added by FII’s. Net Open Interest came up by 1.8K contract suggesting FII are again going short at higher level. Nifty made a fresh life high today@7792 almost near to out target… Read More »
Last Week we gave Bank Nifty Chopad level of 15046 and Bank Nifty did all 2 target on upside and 1 target on downside. We have Union Budget coming on 10 July so Bank Nifty will be in focus for next week and big moves are on cards. Lets analyze how to trade Bank Nifty in… Read More »
Last Week we gave Chopad level of 7506, Nifty did 1 target on upside and 1 target on downside in a highly volatile week. Worries of deficient rainfall, Iraq war and its effect on Brent Crude has kept markets on edge. .Lets analyze how to trade Nifty in expiry week. Nifty Hourly Chart Hourly charts… Read More »
You are in a bull market, When….. You offer your broker a car each morning so he doesn’t need to take the Mumbai local to get to the terminal by 9.19 am. The pink papers are the first to disappear from your lap when you fall asleep on a flight. Every third executive works through… Read More »
Last Week we gave Bank Nifty Chopad level of 15046 and Bank Nifty did all 3 target on upside rewarding traders with 390 points, We have June Expiry Bank Nifty will likely to another volatile week ahead, lets analyze how to trade bank nifty in Expiry week. Bank Nifty Hourly Bank Nifty hourly charts is trading in a range, 15600- 14933. Breakout… Read More »
FII’s bought 2061 contract of Index Future worth 78 cores, 13 K Long contract were added and 10.9 K short contracts were added. So FII’s are adding both long and shorts in Index Future as nifty is nearing an important support level. Nifty continued its decline, near the support area of 7474-7485, made an intraday… Read More »
Environmental distractions and boredom cause a lack of focus – All of us have limits to our attention span and these are easily taxed during quiet times in the market; Fatigue and mental overload create a loss of concentration – The demands of watching the screen hour after hour make it difficult to be sharp, creating fatigue… Read More »
FII’s sold 14989 contract of Index Future worth 574 cores, 5348 Long contract were squared off and 9641 short contracts were added.Net Long Contract for FII’s are just 21K for the current series which is lowest in 2014, so FII’s are majorly going short in market. As i was discussing in past few days, EW… Read More »
Everyone knows that chasing price is usually not beneficial, we either end up catching the move too late, or we get poor trade location, which makes it more difficult to manage the trade. However, there are other forms of chasing that are just as common, maybe more common, and just as counter-productive. As a trading… Read More »