HDIL HDIL has bounced from its trendline support.If it is able to cross its swing high of 122.75, stock is all set to touch the upper end of trendline at 128. Buy above 121Tgt 121.9,122.7 and 125.7 Sell below 117.7 Tgt 116.85,115 and 113 ITC ITC has broken its long term trendline,Stock gave a… Read More »
Infosys came with a good set of earning after 4 quarters of bad earning and moved up 16% today many traders were left with a surprise to see such a big move.Few traders called me and said “Bramesh Sir asa move ana ke baad tu mujhe trading and gambling ek jasa hi lagtha hai ”… Read More »
SBI SBI has been on a rally mode from 2050 levels, With recaptlization of banks with 12K cores news stock formed an DOJI pattern suggesting news arrival can be reversal for stock in short term.Previous support of 2562 will act as resistance now,Range of 2562-2571 will be diffcult to cross and pullback should be expected.… Read More »
An Interesting Article By Brian Perry, Investopedia In almost all instances, the root cause of a financial crisis is an asset bubble. But how does this bubble form, what finally causes it to pop and how can investors profit before it goes bust? In order for a market to attain the excessive valuations necessary to… Read More »
During my training sessions i would like to ask my students what do you mean by trading? Most of the students will answer trading is all about mathematics and probabilities. Some will say its all about charts, other will say its all about earnings and future prospects of earnings about the particular stocks or Sensex.… Read More »
Infosys Infosys the IT bellwether will be coming with its results tommrow before market opens. Stock has rallied in expectation of good results from series of bad results in past 3 quarters. Technically a symmetrical triangle formation is seen with resistance at 2380 and support at 2323. Buy above 2346 Tgt 2367,2380 and 2410 Sell… Read More »
Learn to Lose Money to Make Money Unfortunately, it is the sad reality that the majority of people reading this are not profitable traders. If I could single out the most common culprit for sabotaging your trading it would have to be not being able to take a loss. This is especially prevalent amongst new… Read More »
PFC PFC is near its supply zone of 213-215 range. Negative divergence has shown in indicators.Close below 209 which is rising trendline support will confirm the reversal. Buy above 212 Tgt 213,213.9 and 215 Sell below 208.7 Tgt 207 and 205 BHEL BHEL is near its long term trendline resistance of 244. Stock is… Read More »
Lets try to correlate Stock market with one of the famous childhood story of SIX Blind men and Elephant, Story goes something like this Once upon a time, there were Six blind man. Once They heard someone talking about elephant which make then curious what exactly is an Elephant. To satiate themselves they took a… Read More »
Different shapes and forms. Failure comes in all different shapes and forms. The distance you fall after a failure, time it took to get to the failure,and whether you get back up determines that shape and form. I realize there are a million posts on why failure is important but success is important, especially in trading.… Read More »