The foundation of trading is interconnected As most traders know, trading is finding the correct equilibrium of proper risk management, good analysis and trade strategies, efficient money management, and a balanced (trading) psychology. A trader cannot be successful if one of the elements is not sufficiently developed. Similar to a building, if one of the… Read More »
Tata Power Positional Traders can use the below mentioned levels Close above 236 Target 245 Intraday Traders can use the below mentioned levels Buy above 236 Tgt 237.5, 239 and 242 SL 233 Sell below 231 Tgt 229, 226 and 223 SL 233 Adani Port Positional Traders can use the below mentioned levels Close below… Read More »
Bayer Rule 22: The trend changes if retrograde Mercury passes over the Sun. Sun Conjuct Rx Mer and Mercury at Inferior Conjuction are 2 Major Astro Event for coming week. BANK Nifty Harmonic Pattern Deep Crab PRZ Zone almost done price can see strong reversal. BANK Nifty Gann Angles Weekly chart showing near support zone.… Read More »
Bayer Rule 22: The trend changes if retrograde Mercury passes over the Sun. Sun Conjuct Rx Mer and Mercury at Inferior Conjuction are 2 Major Astro Event for coming week. Nifty Harmonic Pattern Still 15000 possible once below 16000 this time. Nifty Gann Angles Price bounced gann angle weekly support. Planetary Cycles and Nifty Movements… Read More »
HOW TO TRADE GANN LEVELS Reliance Trend Deciding Level: 2627 Weekly Resistance: 2652,2677,2702,2729 Weekly Support: 2602,2577,2552,2527,2502 HDFC Trend Deciding Level: 2205 Weekly Resistance: 2228,2251,2274,2297 Weekly Support: 2182,2159,2136,2113 Infosys Trend Deciding Level: 1455 Weekly Resistance: 1474,1492,1511,1530 Weekly Support:1436,1417,1400,1385,1360 ICICI Bank Trend Deciding Level: 700 Weekly Resistance: 707,714,721,729 Weekly Support:692,685,677,670 HDFC Bank Trend Deciding Level: 1314 Weekly… Read More »
Most of traders develop trading systems based on patterns we see in price action or in momentum or other indicators. But, what if we took “time” into account as well? When ever we talk of TIME, one person which come to our Mind is legendary W D Gann. But there are many other famous traders… Read More »
As Discussed in Last Analysis We Opened up with big gap down and today we are opening up with gap up For Swing traders LOngs above 33575 for a move towards 33728/33910/34091. Bears will get active below 33365 for a move towards 33183/33001. Sun is going to Gemni today so watch out for PSU… Read More »
FII bought 37 K contract of Index Future worth 3012 cores, Net OI has decreased by 2.6 K contract 17.1 K Long contract were added by FII and 19.8 K Shorts were covered by FII. Net FII Long Short ratio at 0.65 so FII used rise to enter long and exit short in Index Futures.… Read More »
What Is a Drawdown? A drawdown is a peak-to-trough decline during a specific period for trading account, or fund. A drawdown is usually quoted as the percentage between the peak and the subsequent trough. If a trading account has 100,000 in it, and the funds drop to 90,000 before moving back above 100,000, then the… Read More »
A Poor Learned Man Reached The Neighboring Kingdom While Walking. Coincidentally, That Day There Was A Handicraft Ceremony In Which A Garland In The Trunk Of An Elephant Was Carried Around The City. The One Who Put The Garland Around His Neck Was Made The King There For 5 Years. That Person Also Started Watching… Read More »