FII bought 6.2 K contract of Index Future worth 571 cores, Net OI has increased by 14.9 K contract 10.5 K Long contract were added by FII and 4.3 K Shorts were added by FII. Net FII Long Short ratio at 1.55 so FII used rise to enter longs and enter shorts. We had Mercury… Read More »
We had Mercury Retrograde yesterday and we have hit the gann angle resistance zone as shown in below chart. Break of 38355 on Upside will lead to 300-400 points move and Bears need to break 37968 for a move of 300-400 on downside. Now Bulls need to cross 38261 for a move towards 38358/38456/38555/38653. 38562… Read More »
Its a Known fact that 90 % of traders lose money in markets, only a very small proportion of day traders makes money year over year. This is a staggering statistic and one that is echoed around most of the financial markets of the world. But why do so many people fail in the financial… Read More »
Last Week Analysis HOW TO TRADE GANN LEVELS Reliance Trend Deciding Level: 2480 Weekly Resistance: 2511,2540,2565,2600 Weekly Support: 2405,2430,2455,2480 HDFC Trend Deciding Level: 2849 Weekly Resistance: 2876,2903,2930,2965 Weekly Support: 2822,2795,2769,2743 Infosys Trend Deciding Level: 1766 Weekly Resistance: 1781,1803,1824,1845 Weekly Support:1745,1725,1704,1683 ICICI Bank Trend Deciding Level: 725 Weekly Resistance: 734,748,761,775 Weekly Support:714,707,700,694 HDFC Bank Trend Deciding… Read More »
William D. Gann (1878-1955) was a legendary trader who designed several unique techniques for analyzing price charts. He developed a unique combination of precise mathematical and geometric principles which are not easy to grasp. The trading community is relentless in its pursuit to find out how and why the market turns. Bull and bear markets… Read More »
Many traders whom i have interacted during my Trading Sessions have one question in general “How much money do I really need to begin trading for a living?” I would then reveal the long-awaited answer Determining the amount of money you need to start down the path of trading for a living is a… Read More »
A rich man’s wallet fell in the market. He came to know about this after reaching home. Apart from the necessary papers, there were several thousand rupees in the wallet. Immediately he went to the temple and started praying that on getting the wallet, I would offer prasad, give food to the poor etc. Incidentally,… Read More »
IRCTC Positional Traders can use the below mentioned levels Close above 3729 Target 3820 Intraday Traders can use the below mentioned levels Buy above 3700 Tgt 3731, 3761 and 3792 SL 3680 Sell below 3667 Tgt 3637, 3607 and 3577 SL 3690 TATA STEEL Positional Traders can use the below mentioned levels Close below 1303… Read More »
FII bought 8 K contract of Index Future worth 742 cores, Net OI has decreased by 10.5 K contract 1.2 K Long contract were covered by FII and 9.2 K Shorts were covered by FII. Net FII Long Short ratio at 1.56 so FII used fall to exit longs and exit shorts. As Discussed in… Read More »
As Discussed in Last Analysis High made was 37328 so bears protected 37335 and were rewarded as low made was 36886 almost 2 target done. Now Bears need to break 36864 for a move towards 36610/36428/36300. Bulls will get active above 37110 for a quick move towards 37220/37444.Hope all of you had safe trading,We saw… Read More »