Nifty forms Outside Bar,EOD Analysis

By | April 15, 2020 9:51 pm

FII bought 19.2 K contract of Index Future worth 1283  cores, Net OI has decreased by 2.5 K contract, 8.2 K Long contract were added by FII and 10.8 K shorts were covered by FII. Net FII Long Short ratio at 0.90, So FII used fall to enter longs and exit shorts.  As discussed in… Read More »

Bank Nifty forms Outside Bar at Gann Angle Resistance

By | April 15, 2020 8:00 pm

As discussed in last analysis  Now as we have Mercury Ingress today and also near gann angle resistance which generally lead to big move in Index so we should see big move in Next 2 days. bulls need to move above 19600 for a move back to 19887/20100/20324/20555. Bears will get active below 19250 for… Read More »

The Wisdom of Jesse Livermore

By | April 15, 2020 4:20 pm

Here are seven lessons from Jesse Livermore who is considered by many as one of the greatest traders who ever lived. Lesson Number One: Cut your losses quickly. As soon as a trade is contemplated, a trader must know at what point in time he’ll be proven wrong and exit a position. Risk management should… Read More »

Trade Nifty and Bank Nifty Weekly Options

By | April 15, 2020 8:37 am

Below are the Nifty and Bank Nifty Weekly Options Trading Levels for 15 April. Options are for 16 April Weekly Expiry Bank Nifty Weekly Call Options for LONG Trade for 15 April Bank Nifty Weekly PUT Options for LONG Trade for 15 April Bank Nifty Weekly Call Options for SHORT Trade for 15 April Bank… Read More »

Darvas Box Analysis for Stock Trading

By | April 15, 2020 7:27 am

Sun Pharma Positional  Traders can use the below mentioned levels Close below 456 Target 435 Intraday Traders can use the below mentioned levels Buy above 464 Tgt 468, 472 and 477 SL 460 Sell below 456 Tgt 450, 444 and 438 SL 460 Tata Steel Positional  Traders can use the below mentioned levels Close above… Read More »

Nifty Ready for Big Move

By | April 14, 2020 4:17 pm

FII sold 8.4 K contract of Index Future worth 474 cores, Net OI has decreased by 6.5 K contract, 7.4 K Long contract were covered by FII and 979 shorts were added by FII. Net FII Long Short ratio at 0.68, So FII used rise to exit longs and enter shorts.  As discussed in last… Read More »

What Does A Discretionary Trading System Mean?

By | April 14, 2020 10:29 am

In Continuation with Previous Article What Does A Mechanical Trading System Mean? Discretionary trading is decision-based trading (the trader decides which trades to make based on current market conditions. Discretionary traders have rules to follow, apply those rules based on their Tape/Screen Reading experience and Intuition gained over years. The discretionary trading system is comparatively… Read More »

Bank Nifty Ready for Big Move

By | April 14, 2020 7:37 am

As discussed in last analysis  Now bulls need to move above 20000 for a move back to 20200/20464/20736. Bears will get active below 19600 for a move towards 19321/19050/18769. 19321 done below 19600 , Now as we have Mercury Ingress today and also near gann angle resistance which generally lead to big move in Index… Read More »