TCS TCS will be coming with its results on Tomorrow evening. Stock has been on dream rally in spite of rupee falling from the high of 61.Stock made a fresh high of 1685 today. Negative divergence can be seen in RSI,Stoch. TCS is also approaching its Gann Fan resistance of 1716. Positional traders keep an… Read More »
Rel Infra Rel Infra High Beta Stock is stuck is trendline crossover range, which is very unique pattern and gives good trading moves for quick gains. Buy above 385 Tgt 388,391.5 and 397 SL 382 Sell below 374 Tgt 370,366 and 362 SL 378 Canara Bank Canara Bank has broken its triangle pattern on downside… Read More »
FIIs sold 14600 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 417 cores with net Open Interest increasing by 6960 contracts. Risk Management Rule for Traders Nifty kick started the financial year on a positive note managing to close above the 5700 mark. NS closed at 5704 after making high of… Read More »
Colgate The share price of Colgate has been in downtrend after making a life high of 1578 For the past few days, the stock has been trading in downward channel and has bounced from channel support 1254 with High volumes.From past 3 days stock has been forming higher highs and is at channel top from… Read More »
“Strategies don’t make money – people do. I have taught the same strategy to hundreds of people, all of whom have achieved different levels of success .What is the difference? The person!” Godrej Industries Godrej Indutries is trading in Horizontal channel, trading in the range of 332-283. Stock is also near its 200 DMA which… Read More »
If you want to know everything about the market, go to the beach. Push and pull your hands with the waves. Some are bigger waves, some are smaller. But if you try to push the wave out when it’s coming in, it’ll never happen. The market is always right. ICICI Bank ICICI… Read More »
A good way to start each trading day is by asking some questions: Where are the opportunities today? Are there any impending risks to my positions? Where might the opportunities or risks develop? Adani Enterprises Limited With Gujarat Election less than a Week away Adani is on a Roll as Narender Modi’s win will… Read More »
Be impatient. As always, small loses and quick losses are the best losses. It is not the loss of money that is important. Rather, it is the mental capital that is used up when you sit with a losing trade that is important.Never, ever under any condition, add to a losing trade, or “average” into a position. If… Read More »
“I know it may sound strange to many readers, but there is an inverse relationship between analysis and trading results. More analysis or being able to make distinctions in the market’s behavior will not produce better trading results. There are many traders who find themselves caught in this exasperating loop, thinking that more or better… Read More »
A common trait among newer traders, or among traders that are not profitable is a need for perfection. With so much noise in the media, blogs, and forums about calling tops and bottoms, one would think it’s a trader’s job to predict such things. Expecting to nail the top or bottom is a recipe for… Read More »