FII’s bought 5.6 K contract of Index Future worth 485 cores 3.9 K Long contract were added by FII’s and 1.6 K Short contracts were covered by FII’s. Net Open Interest increased by 2.3 K contract, so rise in Nifty was used by FII’s to enter long and exit short in Index futures.FII’s Long to Short… Read More »
As Discussed in Last Analysis Low made today was 27410 so bulls protecting time cycle low of 27300 Bulls now need to close above 27530 for upmove to continue towards 27656/27830/27920/28100.Bears will become active below 27400 for a move back to 27225/27100/27000 Bank Nifty Bulls were able to close above 27530 and till we are… Read More »
SUCCESS IN OTHER FIELDS DOES NOT TRANSLATE INTO TRADING PERFORMANCE If you hang around traders talking shop very long (and being honest), you will hear this story repeated endlessly. Many people who have devoted themselves to becoming a professional trader have experienced success in other fields before they came to trading. They know how to… Read More »
BEL Positional Traders can use the below mentioned levels Close above 87 Target 90/93 Intraday Traders can use the below mentioned levels Buy above 87 Tgt 87.7,88.8 and 89.9 SL 86 Sell below 85.5 Tgt 84.5,83.3 and 82.2 SL 86.2 Canfin Home Positional Traders can use the below mentioned levels Close above 272 Target 286… Read More »
Last Week we gave Chopad level of 27504 Bank gave a Short trade on Wednesday which got Stopped out Long Trade on Thursday also got Stopped out so BAD week for Chopad Followers. Lets see how we trade Bank Nifty in coming week as we approach time cycle date of 21 Jan. Bank Nifty Harmonic… Read More »
As Discussed in Last Analysis For coming week Bull need to hold 3590-3600 range for a move back to 3700/3801 where next major resistance lies. Low made was 3576 and once above 3590 we rallied all the way till 3800, Now Bulls need to close above 3860 For a move back to 3900/3969/4096. Bears will get… Read More »
Last Week we gave Chopad level of 10816 Nifty gave Short on Monday and did 2 target on Downside and Long Trade on Tuesday which was able to do 1 target on Upside so average week for Chopad Followers. Lets see how we trade Nifty in coming week as we approach time cycle date of… Read More »
Most of traders develop trading systems based on patterns we see in price action or in momentum or other indicators. But, what if we took “time” into account as well? When ever we talk of TIME, one person which come to our Mind is legendary W D Gann. But there are many other famous traders… Read More »
As per our Last Analysis Now For coming week 14 Jan is important trend change date we can see some correction in USD USD INR Ddi a Perfect Price Time Squaring on 14 Jan as Low made was 70.52 near our level of 70.5 and rallied all the way till 71.47 near our final target of… Read More »
FII’s sold 3.9 K contract of Index Future worth 398 cores 959 Long contract were covered by FII’s and 3 K Short contracts were added by FII’s. Net Open Interest increased by 2 K contract, so rise in Nifty was used by FII’s to enter long and enter short in Index futures.FII’s Long to Short Ratio… Read More »