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 »
In a Dharamsala, the husband and wife stayed with their small child. Dharamshala was raw. There were cracks in the walls, there was an open forest-like atmosphere around. The husband and wife took their small child in the courtyard and went out for some work. When we come back and see, a big snake is… Read More »
Reliance Positional Traders can use the below mentioned levels Close above 2431 Target 2499 Intraday Traders can use the below mentioned levels Buy above 2421 Tgt 2431, 2444 and 2471 SL 2410 Sell below 2399 Tgt 2381 , 2360 and 2325 SL 2410 I Bulls Positional Traders can use the below mentioned levels Close… Read More »
FII sold 33.6 K contract of Index Future worth 3013 , Net OI has decreased by 14.9 K contract 24.2 K Long contract were covered by FII and 9.3 K Shorts were added by FII. Net FII Long Short ratio at 1.91 so FII used FALL toEXIT Longs and ENTER Shorts. As discussed in last… Read More »
As discussed in last analysis Bank nifty 37807-37924 range longs should lighten off and take some money off the table. Fresh Long only on close above 38000 for a move towards 38120/38300/38666. Bears will get active below 37555 for a move towardds 37309/37100. We opned with Huge gap down as bank nifty was not able… Read More »
One of the fundamental principals of trading stocks, or anything for that matter, is; you never play with money you cannot afford to lose. You should not be trading money needed daily expenses. The reason for this is, no matter how sound a system or piece of advice may sound, trades often go against you. Trading money you can… Read More »
FII bought 5060 contract of Index Future worth 475 , Net OI has increased by 1.9 K contract 3.5 K Long contract were added by FII and 1.5 K Shorts were covered by FII. Net FII Long Short ratio at 2.81 so FII used RISE to ENTER Longs and EXIT Shorts. As discussed in last… Read More »
As discussed in last analysis Low made was 36374 so bears unable to break 36280, and Bulls once above 36470 did 2 target on upside and now till we are holding 36770 rally can extend towards 37034/37214. Bears will have chance below 36630 for a move towards 36513/36187/36000. All Bullish target done and we have… Read More »
Over the years, I have seen several people (including myself) lose fortunes while trading and I’ve found that invariably, it would be for the same reasons. Such reasons appear mostly psychological and occur often in the trading scene. It is a known fact 80% of traders lose money and 20% makes profits on the expense… Read More »
IEX Positional Traders can use the below mentioned levels Close above 263 Target 269/278 Intraday Traders can use the below mentioned levels Buy above 263 Tgt 266, 269 and 272 SL 261 Sell below 258 Tgt 255, 252 and 249 SL 260 Granuels Positional Traders can use the below mentioned levels Close below 322 … Read More »