May Lord Ganesh bring you and your family Lots and Lots Of HAPPINESS,LOVE and PROSPERITY… Market never like Surprises and if they come it will factor in keeping worst case scenario in mind. UPA government is under minority with Mamata Banerjee deciding to withdrew her part support. Now UPA is depended upon Mulayam Singh Yadav and… Read More »
While trading is a game of math, probabilities, charts, and earnings it is also a mind game. Many times a trader’s beliefs will determine their success more than anything else. All traders start out believing it is possible to make money in the markets. Many want to earn their living one day by trading. However… Read More »
Retail stocks will be in limelight in today’s trading session after Indian Government allowed FDI in Multi brand retail. Stock will be opening with huge gaps but still we can find trading opportunities. Lets jump into technical of Pantaloon Retail, Provogue India,Shopper Stop Pantaloon Retail Pantaloon Retail will be in limelight tomorrow trading session.Stock… Read More »
Adding to a losing position – Also known as doubling, tripling, quadrupling down, typically, this means that the trader does not want to admit the trade is wrong. The trader’s ego is at stake as the trader is hoping the markets will “work in their favor”. If you are wrong, you have a near 0% chance… Read More »
Faith in your system = Belief through back testing + Experience of winning with it for years Whether any individual trade is a winner or loser should not influence your faith in your system and trading method. You should trade in a way that each trade is just one trade out of the next 100.… Read More »
Kotak Bank Facing a trendline resistance at 559. Buy above 559 Tgt 563,568 and 574 Sell below 549 Tgt 544,538 and 527 LIC Housing Finance Support at 200 DMA@234 and resistance at 247.4.Breakout above 247 will take the stock to 20SMA@252 Buy above 248 Tgt 250,252 and 254.35 Sell below 242 Tgt 240,236… Read More »
Voltas Pennant Formation with support emerging at 200 DMA,Breakout above 111.2 and breakdown below 105 Buy above 111.2 Tgt 112.4 and 114.2 and 115.7 Sell below 109.9 Tgt 107.4,105,104.2 and 102.9 Educomp Educomp made a new 52 low yesterday at 152 and short covering rally,On medium term break of 152 opens gate till 99… Read More »
Larsen and Tubro LT will be coming today with its results Stock is at its breakout or breakdown level. Buy above 1144 Tgt 1161,1184 and 1209 Sell below 1119 Tgt 1100,1076 and 1060 Hindalco Industries Hindalco Industries is near its short term bottom of 111. Sell below 111 Tgt 109.7,106.7 and 105 Bombay Dyeing… Read More »
Bank Nifty Bank Nifty has broken its 200 DMA and closed below it.Only saving Grace for Bulls is downward slopping trendline at 9480 has not been breached. Any fall below 9480 open gates to levels 9300 and 9000 in current week. Sell below 9480 Tgt 9435,9282 and 9038 Buy above 9679 Tgt 9730,9833 and 9924… Read More »
Bata India Yesterday talked about it on Facebook to Short with a Sl of 839. Bata did trigger our SL and rallied with market making a high of 868.In the process Bata has formed bearish divergence in most of indicator.Price should break below 845 for these divergence to show effect. Sell below 852 Tgt 845,835… Read More »