The US Dollar is trading below 100, yet the USDINR pair has remained relatively stable despite the weak US Dollar. This stability is observed despite strong foreign portfolio investments (FPI) inflows into India. The Reserve Bank of India (RBI) is likely implementing aggressive intervention measures to maintain stability. The RBI may be buying US dollars… Read More »
Who is an average trader ? The majority of people fall into this ‘average trader’ category. Basically, they seem to think that trading is easy and for whatever reason they buy a stock, the stock’s immediately going to go in their favor. Heaven forbid they actually are successful, because now that reinforces that behavior going forward and… Read More »
As Discussed in Last Analysis Finance Nifty is approching its 1×1 gann angle and the price action of lower low has stopped today, but Finance Nifty is getting lot of Supply from upper side as seen in last 4 trading session price opens up see upmove in first session and gets sold off into 2… Read More »
Gann Cycles is a powerful technical analysis tool developed by renowned trader W.D. Gann. It is based on the concept that markets move in cyclical patterns and that these cycles can be used to forecast potential trend changes. Applying Gann Cycles to monthly charts of FnO (Futures and Options) stocks can provide valuable insights into… Read More »
Source Once a tourist met a fisherman on the coast of Goa. Looking at the type of fish he had caught, the tourist asked him how long it took him to catch them. “Not very long,” answered the fisherman. “But then, why didn’t you stay out longer and catch more?” asked the tourist. The fisherman… Read More »
Introduction Successful stock trading requires a combination of knowledge, skills, and a disciplined approach. Over the years, experienced traders have developed and refined a set of classic stock trading rules that have stood the test of time. These rules serve as guiding principles and insights for aspiring traders seeking success in the stock market. In… Read More »
INDUSIND BANK Positional Traders can use the below mentioned levels Close below 1366 Target 1323 Intraday Traders can use the below mentioned levels Buy above 1385 Tgt 1398, 1412 and 1424 SL 1375 Sell below 1366 Tgt 1355, 1340 and 1323 SL 1375 BPCL Positional Traders can use the below mentioned levels Close below 375… Read More »
Foreign Institutional Investors (FIIs) displayed a Bearish approach in the Nifty Index Futures market by Shorting 8910 contracts worth 867 crores, resulting in a increase of 7822 contracts in the Net Open Interest. FIIs bought 1807 long contracts and added 366 short contracts , indicating a preference for adding LONG and adding SHORT positions .With… Read More »
Foreign Institutional Investors (FIIs) displayed a Bearish approach in the Bank Nifty Index Futures market by Selling 894 contracts worth 59 crores, resulting in a increase of 1536 contracts in the Net Open Interest. As Discussed in Last Analysis Bank NIfty continue to make lower low and closed below 4×3 gann angle for 2 day. … Read More »
Finance Nifty is approching its 1×1 gann angle and the price action of lower low has stopped today, but Finance Nifty is getting lot of Supply from upper side as seen in last 4 trading session price opens up see upmove in first session and gets sold off into 2 session, suggesting we are seeing… Read More »