Adani Port Any close above 212 short term target 220 and 225 Buy above 205.3 Tgt 208.4,212 and 215 SL 204 Sell below 201.5 Tgt 198.5,195 and 190 SL 203 Axis Bank Any close above 1508 stock is heading towards 1542 in short term. Buy above 1502 Tgt 1511,1523 and 1535… Read More »
Do you see yourself in any of following mindsets? Have you ever done or thought anything like this? If you have not, then please stop reading since you have attained trading mastery and don’t need any words from me: No time to wait for setups. It looks like it might work, so I am going… Read More »
Many traders will indulge in Option trading especially on Expiry Day to make some quick buck as sometimes Rs 1 Options can jump to Rs 20-30 in matter of time. During my trading Seminar , general question which most of participants have is Why do options trade at lesser than theoretical value on the expiry… Read More »
The India Volatility Index (VIX) has gained 28 percent in the last four sessions. Normally, this would have meant the market had declined during this period. That is because the movements in VIX and the market are inversely co-related, more often than not. But this time around, the Nifty has risen alongside VIX, gaining 3… Read More »
The vast majority of traders are gamblers, maybe the majority of market participants are in fact gamblers. The traders that are gamblers trade with no plan and without understanding the odds are stacked against them. Whether it is buying far out of the money options with no method for profitability or randomly chasing stocks on… Read More »
For years people have swarmed to the Futures markets, hoping to find the holy grail trading system and to get rich overnight. If you really believe there is such a thing as the holy grail trading system, then why don’t more people quit their day jobs in search of this elusive creature? Part of the… Read More »
If there’s a single theme that dominates discussions of trading psychology, it’s discipline. Traders are routinely encouraged to control their emotions, stick to their processes, keep journals, whatever. If you lapse in your trading, it’s because you’re not sufficiently disciplined. Call it the puritanical approach to trading: if you don’t stick to the straight and… Read More »
The largest academic study ever conducted on day trading shows that most traders lose money even during a bull market. Only 5% of active traders were able to earn significant profits two years in a row. Are 95% of traders dumb? Hardly. As a trading coach , I believe traders are among the intelligent and… Read More »
Auro Pharma Buy above 534 Tgt 538,543 and 548 SL 532 Sell below 528 Tgt 523 and 518 SL 532 HDFC Buy above 868 Tgt 873,881 and 887 SL 866 Sell below 865 Tgt 860,853 and 846 SL 867 HDIL Buy above 50.2 Tgt 50.8,51.9 and 52.6 SL 49.7 Sell below 49 Tgt 48.3,47.2 and… Read More »
Adani Positional traders should look for close above 330 for short term target of 343. Buy above 328 Tgt 331,335 and 338 SL 326 Sell below 323 Tgt 318,315 and 310 SL 325 Larsen Positional traders should look for close below 1210, below it short term target comes at 1170 and 1131. Buy above… Read More »