Trading success does not fall into our laps, sadly. The reason is to do with our inability to recognise a few simple universal laws and follow them. Our trading psychology is dominated by our ego and this prevents us from opening up to new ideas and change our habitual thinking and our trading minds. … Read More »
As Discussed in Last Analysis High made today was 26898 so bulls made a failed attempt to close above 26898 and once 26740 broken bulls did the target all the way till 26496. Bears need to break 26420 for a move towards 26280-26072-25997,Range of 25997-26010 is important support zone, Bullish above 26580 for a move… Read More »
The mental part of the game. Its an aspect of trading that can easily be ignored, we all choose how we approach this game. Some see failures as opportunities to learn and progress, while others see them as outright failures and road blocks which should be avoided at all costs. Its all about attitude. I feel that… Read More »
Reliance Infra Positional Traders can use the below mentioned levels Close below 425 Target 411/399 Intraday Traders can use the below mentioned levels Buy above 430 Tgt 434,438 and 442 SL 427 Sell below 425 Tgt 421,417 and 413 SL 428 Biocon Positional Traders can use the below mentioned levels… Read More »
FII’s bought 8.3 K contract of Index Future worth 964 cores ,10.8 K Long contract were added by FII’s and 2.5 K Short contracts were added by FII’s. Net Open Interest increased by 13.4 K contract, so fall in market was used by FII’s to enter long and enter short in Index futures. FII’s Long to… Read More »
As Discussed in Last Analysis Bearish below 27100 for a move back to 27000/26920/26780. Bank Nifty opened with gap down and closed near the gann angle.Bearish below 26740 for a move back to 26640/26496/26280. Bullish above 26898 for a move back to 27000/27072/27225. High made today was 26898 so bulls made a failed attempt to… Read More »
Reliance Capital Positional Traders can use the below mentioned levels Close below 406 Target 397/385 Intraday Traders can use the below mentioned levels Buy above 411 Tgt 415,420 and 425 SL 408 Sell below 406 Tgt 402 ,398 and 392 SL 409 DHFL Positional Traders can use the below mentioned levels Close… Read More »
FII’s sold 8 K contract of Index Future worth 616 cores ,1.8K Long contract were covered by FII’s and 6.2 K Short contracts were covered by FII’s. Net Open Interest increased by 4.4 K contract, so fall in market was used by FII’s to exit long and enter short in Index futures. FII’s Long to Short… Read More »
As Discussed in Last Analysis Bank Nifty opened with a gap up and once above 26994 low made was 26989 rallied all the way towards 27205 just shy of our target of 27225. Now Bulls need a close above 27225 for the upmove to continue towards 27356/27471. Bearish below 27100 for a move back to… Read More »
Indian Cement Positional Traders can use the below mentioned levels Close above 124 Target 133/137 Intraday Traders can use the below mentioned levels Buy above 123.4 Tgt 125,127 and 130 SL 121.3 Sell below 119.8 Tgt 119,118 and 117 SL 121 Titan Positional Traders can use the below mentioned levels Close above 845 Target… Read More »