BEML Positional Traders can use the below mentioned levels Close above 733 Target 766/789 Intraday Traders can use the below mentioned levels Buy above 733 Tgt 740,747 and 755 SL 727 Sell below 723 Tgt 718,711 and 699 SL 728 SBIN Positional Traders can use the below mentioned levels Close above 289… Read More »
FII’s bought 9.8 K contract of Index Future worth 860 cores ,10.8 K Long contract were added by FII’s and 1 K Short contracts were added by FII’s. Net Open Interest increased by 11.8 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… Read More »
Once Bank Nifty closed above the gann angle has been rallying on continues basis,Now Bulls need to protect 26100 for the rally to continue till 26352/26496/26640. Bearish below 26050 for a move back to 25920/25784. Important intraday time for reversal can be at 11:30/2:25. Time Cycle Stock Scanner for 11-16 Nov Bank Nifty… Read More »
Federal Bank Close above 81 Target 84/88 Intraday Traders can use the below mentioned levels Buy above 81 Tgt 82,83 and 84 SL 80 Sell below 79 Tgt 78,77 and 76 SL 80 ACC Close above 1510 Target 1555 Intraday Traders can use the below mentioned levels Buy above 1510 Tgt… Read More »
Last Week we gave Chopad level of 25700 Bank Nifty gave a short trade and did 1 target on downside and Long target on upside did 3 target. Lets see how we trade Nifty in coming week as we approach time cycle date of 19 Nov. Bank Nifty Harmonic Pattern No Valid Harmonic Pattern… Read More »
Last Week we gave Chopad level of 10525 Nifty gave a short trade and did 1 target on downside and Long target on upside did 3 target. Lets see how we trade Nifty in coming week as we approach time cycle date of 19 Nov. Nifty Harmonic No Valid Pattern Found. Nifty Gann Angles Back above… Read More »
In Continuation with Previous Article Trade using TRIN Overbought and Oversold As shown in above chart,For the S&P 500 Index between Feb 2015 and July 2015, a reading of 2.0 or higher typically indicated a short-term bottom was close at hand, and the price was due for at least a bit of upside movement. Traders… Read More »
The Arms Index (also known as TRIN, an acronym for TRading INdex) was developed in 1967 by Richard Arms. It is a volume-based indicator that determines market strength and breadth by analyzing the relationship between advancing and declining issues and their respective volume. The Arms index is used to measure intraday market supply and demand,… Read More »
Every trades have experienced strong emotions in his/her trading and have struggled with them. One of the main reason for erratic trading results ie. Having big loss because you stayed on the trade hoping the market will reverse or missing out on big profit by exiting early have been attributed to emotions. Strong emotions have… Read More »
If you are a LOSS making trader, Answer the below question to yourself Honestly. What is the main Reason for Your Trading Loss. Unable to Understand Market Trend as it moves from Sideways to Trending Is it your system or strategy? You are not having the Right Strategy and Losing You — By repeating the… Read More »