IEX Intraday Traders can use the below mentioned levels Buy above 144 Tgt 145.5, 146 and 147.5 SL 143 Sell below 142 Tgt 141, 139 and 137.5 SL 143 TATA POWER Intraday Traders can use the below mentioned levels Buy above 208 Tgt 210,212 and 216 SL 206.5 Sell below 205 Tgt 203, 201.5 and 200… Read More »
Bank Nifty continue to hold 40500 and price is 4 red bar but now bulls need to move above 41000. Break of 40500-41000 can lead to 500+ point move. Its tough time for trend followers as market are lacklusture. As a trader we need to adjust as per market moves.Bayer Rule 6: The price is… Read More »
FII bought 10.3 K contract of Index Future worth 966 cores, Net OI has decreased by 10.9 K contract 316 Long contract were covered by FII and 10.6 K Shorts were covered by FII. Net FII Long Short ratio at 0.30 so FII used fall to exit Long and exit short in Index Futures. Nifty… Read More »
NTPC Positional Traders can use the below mentioned levels Close above 169 Target 175 Intraday Traders can use the below mentioned levels Buy above 169 Tgt 171, 173 and 175 SL 167.5 Sell below 167 Tgt 165.5, 164 and 162.5 SL 168 IRCTC Positional Traders can use the below mentioned levels Close ABOVE 644 Target… Read More »
FII sold 7.8 K contract of Index Future worth 689 cores, Net OI has increased by 6.7 K contract 574 Long contract were covered by FII and 7.3 K Shorts were added by FII. Net FII Long Short ratio at 0.28 so FII used fall to enter exit and enter short in Index Futures. … Read More »
Bank Nifty has done 2 target on downside once the 50% point was broken, We are seeing big underperformance from bank nifty as Bank Nifty has corrected 1399 points from the high of 41979 made on 16-Feb. Price has closed below all 3 moving averages short term trend is down till we again start closing… Read More »
At one point or another, everyone who has interactions with the market asks oneself, “Why is trading so hard?” There are legitimate reasons why trading should be difficult: markets are highly random; whatever edge we can find is eroded by competition from smart, well-capitalized traders; some traders work within various constraints; and markets are subject… Read More »
HOW TO TRADE GANN LEVELS Reliance Trend Deciding Level:2446 Weekly Resistance: 2470,2494,2519,2543,2567 Weekly Support: 2421,2397,2373,2350,2325 HDFC Trend Deciding Level: 2698 Weekly Resistance: 2723,2740,2765,2791,2824 Weekly Support: 2663,2638,2613 Infosys Trend Deciding Level: 1579 Weekly Resistance:1599,1619,1636,1648 Weekly Support:1559,1539,1519,1499 ICICI Bank Trend Deciding Level: 862 Weekly Resistance: 868,880,894 Weekly Support: 855,846,838,830,824 HDFC Bank Trend Deciding… Read More »
Last Week we Gave Chopad Level of 41617 Bulls did 1 target on upside and Bears did 3 target on downside so excellent week for chopad followers. Coming Week we have Double Ingress of SUn and Venus as disussed in below video. BANK Nifty Harmonic Pattern Till 40500 is held Bulls have upper hand towards… Read More »
Last Week we Gave Chopad Level of 17876 Bulls did 4 target on upside and Bears did 1 target on downside so excellent week for chopad followers. Coming Week we have Double Ingress of SUn and Venus as disussed in below video. Nifty Harmonic Pattern Tilll 17777 is held we can move towards 18025/18225 Nifty… Read More »