Below are the weekly options trading levels for Nifty and Bank Nifty for the trading day of April 06, 2023. These options are for the weekly expiry on April 06, 2023. If you are unable to view the levels via Facebook, please visit our website at https://www.brameshtechanalysis.com/ and access the options post. Utilize these levels… Read More »
VEDL Positional Traders can use the below mentioned levels Close above 288 Target 300 Intraday Traders can use the below mentioned levels Buy above 288 Tgt 291, 294 and 297 SL 286 Sell below 284 Tgt 282, 280 and 277 SL 286 TVS Motor Positional Traders can use the below mentioned levels Close BELOW 1083… Read More »
As Discussed in Last Analysis Bank Nifty has retraced back to its 50% point at 40769, which falls between 44151 and 37386 as shown in the chart below. Price has reacted multiple times from this point, and Gann has emphasized the importance of the 50% point. This price level, coming before the RBI policy, is… Read More »
Foreign Institutional Investors (FII) showed a Bullish approach in the Index Futures market by Buying 31346 contracts worth 2789 crores, resulting in an decrease of 18972 contracts in the Net Open Interest. FIIs bought 6187 long contracts and covered 25159 short contracts, indicating a preference for BUYING new positions. With a Net FII Long Short… Read More »
Trading can be a highly profitable venture if approached correctly. However, many traders struggle to achieve success, with a majority failing and eventually quitting. One crucial factor that sets successful traders apart is their ability to understand their risk tolerance and financial self-worth. In this article, we will delve into what these concepts mean and… Read More »
Industower Positional Traders can use the below mentioned levels Close above 145 Target 151.5 Intraday Traders can use the below mentioned levels Buy above 145 Tgt 146.5, 148 and 149 SL 144 Sell below 142.8 Tgt 141.5, 140 and 138.5 SL 144 Jubilant Food Positional Traders can use the below mentioned levels Close ABOVE 441… Read More »
Foreign Institutional Investors (FII) showed a Bearish approach in the Index Futures market by SELLING 5565 contracts worth 511 crores, resulting in an increase of 10349 contracts in the Net Open Interest. FIIs bought 2392 long contracts and added 7957 short contracts, indicating a preference for SHORTING new positions. With a Net FII Long Short… Read More »
As Discussed in Last Analysis Bank Nifty has been on a rollercoaster ride in recent times, experiencing wild swings in both directions. However, a recent development has caught the attention of many traders and investors: the formation of a DOJI candlestick pattern on Bank Nifty’s monthly timeframe. For those unfamiliar with candlestick charting, a DOJI… Read More »
The principle behind the importance of the opening price probably stems from the fact that the markets are open only six and half hours a day. That leaves 18 hours for decision making to occur. It is my opinion that decisions are made during the 18 hours that affect the opening of our market. I… Read More »
Trading in financial markets is a challenging endeavor that requires both skill and discipline. While many traders focus on learning technical analysis and market fundamentals, they often overlook the role of emotions in trading. The truth is, emotions can significantly impact trading decisions and results. In this article, we will explore how to control emotions… Read More »