Bank Nifty Ready for Big Move

By | July 4, 2020 10:10 pm

As discussed in last analysis We are near gann angle resistance suggesting good move should be seen, and also we have confluence of time cycle date on 04-05 Jul suggesting possible price time squaring.Now Bulls need to close above 22110 for a move back to 22340/22570/22800. Bears will get active below 21870 for a move… Read More »

The Training of a Day Trader

By | July 4, 2020 9:51 am

“The physician has to spend long years learning anatomy, physiology, material medical and collateral subjects by the dozen. “He learns the theory and then proceeds to devote his life to the practice. He observes and classifies all sorts of pathological phenomena. He learns to diagnose. If his diagnosis is correct – and that depends upon… Read More »

The most “Inspiring Failure”:J.K.Rowling

By | July 3, 2020 9:00 pm

After countless success and enlightening our childhood with such beautiful and enthralling Harry Potter series, she still believes , “By every usual standard, I was the biggest failure I knew.” Creating her book series wasn’t as easy as scribbling down notes on a few dinner napkins. It wasn’t a one, two or even three step… Read More »

The Psychology Of Speculation

By | July 3, 2020 3:45 pm

Tickeritis is a frustratingly painful disease uniquely associated with trader doing intraday or short term trading. In 1926 Henry Harper, in a book called The Psychology of Speculation, labelled the constant need to watch the market as “tickeritis” You know you have this Tickeritis when after a trade entry each and every tick that moves… Read More »

Weekly Bank Nifty and Nifty Option Selling Strategy

By | July 3, 2020 9:04 am

The Below Strategy will be Helpful for Option Writers, We are using Historical Volatility of Index to predict the probable range of market in next 5 trading sessions. We get this Range of Expiry day close and take position next day at Open. We have 2 methodology where we have 70% Probability of Winning and… Read More »

Nifty Strategy for Tomorrow

By | July 2, 2020 9:35 pm

FII bought 11.3 K contract of Index Future worth 705 cores, Net OI has increased by  498 contract, 5.9 K Long contract were added by FII and 5.4 K Shorts were covered by FII. Net FII Long Short ratio at 0.93, So FII used fall to enter longs and exit shorts.  As discussed in last… Read More »

Bank Nifty Strategy for Tomorrow

By | July 2, 2020 9:19 pm

As discussed in last analysis  Now Bulls need to close above 22265 for a move back to 22555/22760/23000. Bears will get active below 21773 for a move back to 21500/21225/21000. Low made was 21890 and  bears unable to break 21773 and bulls above 22265 got stopped out. We are near gann angle resistance suggesting good… Read More »