ICICI Bank ICICI Bank broke its medium term trendline on Budget day formed DOJI candlestick for 2 days and rallied with rest of market in 1 week of march,formed resistance at 50 DMA and gave a pullback.Stock is trading near to its trendline support and tommrow session will be litmus test for the stock. Sell… Read More »
One of the best article read in recent time, Reproducing the same for blog readers Fear is a misunderstood emotion, and one that gets a pretty bad rap these days. We owe our survival as a species to the hard-wired fear that kept us safe from physical threats for hundreds of thousands of years. But… Read More »
IRB IRB share value is approaching its long term falling trendline resistance, Stock has formed a base around 112 odd levels . Stoch is approaching 80.6 and unable to cross the 80.6 Stoch indicator can form a double top and lead to pullback in stock till 115. IRB share is also approaching cluster of long… Read More »
Amateur traders find trading is shortcut way og getting rich quickly, But traders needs to be aware of the stressful aspects of trading and what to do deal with them.Its inevitable a trader has to experience this stressful time in his trading career. Below we have discussed stressful situation experienced by traders and how to… Read More »
DLF DLF which we covered few days stating till stock is unable to close below its 50 DMA stock is buy on dips, Stock rewarded the readers with an 15% rally in 6 trading session from low of 250 to 288. Stock is approaching its rising trendline at 290,short term traders should lock in profits… Read More »
If “A Trader” wants to make profits on consistent basis, it very crucial to learn the art of filtering ” the noise that separate us from the actual price action.” Basically for a trader its just “Trader V/S The Market“. What many traders don’t realise is that, their success is really down to their ability… Read More »
Nifty has been rallying from past 1 week, 260 points in 5 days. Most of traders were bearish were holding shorts. With such sudden spurt many traders are caught of wrong foot and now finding it difficult to cut their trading looses and go with the main trend. The fear most of traders have What… Read More »
Hero Honda Hero Honda share has been trading in downward channel,yesterday hit the top of channel. Share was unable to cross and close above the falling trendline indicating rise was backed by short covering only. Buy above 1726 Tgt 1742,1753 and 1768 SL 1713 Sell below 1695 Tgt 1681,1676 and 1667 SL 1700 Bharat… Read More »
Its always said Confidence is the part of successful person.Having Confidence in ourself a person can do wonders, Same applies to trading also. Types of confidence among traders: First, is what I call ‘false confidence’ That’s the person who talks big and poses like a big shot. This type of person often takes big risks… Read More »
Colgate The share price of Colgate has been in downtrend after making a life high of 1578 For the past few days, the stock has been trading in downward channel and has bounced from channel support 1254 with High volumes.From past 3 days stock has been forming higher highs and is at channel top from… Read More »