There is always bull market somewhere even in Down trending market and Bearish market we are trading into. Hero Moto Corp Hero Motor Corp is the Real hero in the Screen of Red. Nifty is down by 4% in past 2 days But HERO is up in green and making a fresh life time high.… Read More »
No one knows FOR SURE how much profit any trade is likely to make. Fortunately, it is possible to know THE INITIAL RISK a trader is willing to lose. Kotak Mahindra Bank Kotak Bank has faced resistance near its resistance at 478 which was its previous High. On Friday stock formed bearish engulfing pattern which… Read More »
“Everyone makes an ego mistake once in a while, but only a foolish player does it often. Unsuccessful traders are always having self-delusion and wishful thinking. He can’t accept his own incompetence, so he attempts a recovery shot that’s usually beyond his reach.” Bank Nifty Bank Nifty has rallied almost 10% in past 7 trading… Read More »
It is emotion that creates movement in the market. Of course, few people really want to admit that most of their decisions are emotionally based and emotionally driven rather than rationally based and rationally driven. TATA Coffee TATA Coffee was trading in the range of 688-765 ,today it showed a breakout with volume. Stock got… Read More »
Confidence can be an important psychological tool for the trader – important enough to make the difference between a winning trade and a losing trade. When you develop your trading plan, it is obviously important that you have confidence in its accuracy and usefulness and in your belief that you can follow your plan closely… Read More »
Traders always a dilemma of What Stop Loss should be kept for there Trade.For putting your Stop Loss In trading –you need to keep the structure of the market in mind. Right Now we are in Volatile times so your Intra day trades should have a deep sl as If you see Nifty it give… Read More »
Successful Trader Have an open and Opportunistic mindset and they Never Speculate the Price they just trade the price as per there trading plan. Bank Nifty Bank Nifty on Daily Charts has been falling from past 11 Sessions a Straight fall from 10500 -9100 Level a Fall of almost 1400 Points. Bank Nifty should always… Read More »
Nifty Nifty has been grinding in the range of 5110-5197 from last 1 week and slowly the range is getting contracted to 5120 levels. Today we formed an INSIDE DAY which give an indication of range breakdown from 5010 or breakout above 5132 levels. Looking at How the Stocks in Mid Caps stock are getting… Read More »
Bank Nifty Bank Nifty is again at crucial juncture of after todays low of 10023. Bank Nifty has a pscyological support at 10000 levels 10017 to be precise. This Feb low has held during recent carnage and broke just one day during the huge hap down and Bank Nifty quicky recovered above this level. BN… Read More »
Nifty Hourly Nifty had a sideways day today,trading in a tight range after the Volatile session we had in last 6 days. Todays session can be termed as sideways which triggers sl for both Bulls and Bears. Looking at hourly chart we are stuck in trading range of 5116-5198 and break out on either side… Read More »