Suddenly, a cockroach flew from somewhere and sat on her. I wondered if this was the cockroach’s response to all the glory that was spoken about it! She started screaming out of fear. With panic stricken face and trembling voice, she started doing jumping, with both her hands desperately trying to get rid of the… Read More »
As a Trader we are “hard-wired” to do all the wrong things till we have not trained our mind. You will always look for the easiest way to make money but unfortunate its turn out to be the easiest way to lose money. During my trading session I ask my students to sit down and… Read More »
Below is the chart of Nifty from 20 Jan 20 till 30 April We have seen a fall from 12430-7511 and Rally from 7511-9889 in matter of 70 trading session. Did you make money in fall and Rise. Below Scenarios are possible You made Money in Downfall and Lost all profit in the rally as… Read More »
I don’t know any trader who doesn’t struggle at times with their emotions. Likewise, I don’t know any trader who doesn’t wish that they could control their emotions better. Here’s an excerpt from an email I just received from a trader named Srinivasa: I have a problem with hesitation. Even though I have a strategy… Read More »
Torrent Power Intraday Traders can use the below mentioned levels Buy above 324 Tgt 327, 330 and 333 SL 321 Sell below 320 Tgt 317, 314 and 311 SL 323 Petronet Intraday Traders can use the below mentioned levels Buy above 237 Tgt 240, 243 and 247 SL 235 Sell below 233 Tgt 230, 227… Read More »
FII sold 1.7 K contract of Index Future worth 65 cores, Net OI has decreased by 3.8 K contract, 2.8 K Long contract were covered by FII and 1 K shorts were covered by FII. Net FII Long Short ratio at 1.36, So FII used fall to exit longs and exit shorts. As discussed in… Read More »
As discussed in last analysis Astro date again helped in capturing good move in Bank Nifty. Bulls need to move above 20751 for a move back to 20870/21000/21225.Bears need a close below 20500 for a move back to 20270/20100/19800. All Bullish target done and as Uranus Conjunction Pluto we are almost up 1100 points from… Read More »
Disposition Effect: It’s a tendency to close a profitable position early and hold on to a losing position longer, hoping that prices recover. Researchers working at the Centre For Analytical Finance at Indian School of Business, after examining terabytes of data pertaining to trading behavior of retail and institutional traders, found that trading done by… Read More »
Below are the Nifty and Bank Nifty Monthly Options Trading Levels for 29 April. Options are for 30 April Monthly Expiry Bank Nifty Weekly Call Options for LONG Trade for 29 April Bank Nifty Weekly PUT Options for LONG Trade for 29 April Bank Nifty Weekly Call Options for SHORT Trade for 29 April Bank… Read More »
Tata Steel Positional Traders can use the below mentioned levels Close above 276 Target 285 Intraday Traders can use the below mentioned levels Buy above 276 Tgt 279, 282 and 285 SL 273 Sell below 272 Tgt 269, 266 and 263 SL 274 Bandhan Bank Positional Traders can use the below mentioned levels Close above… Read More »