In the trading world, you will either make money or lose money on any given trade. All that matters in the end is making more money when you’re right than you lose when you’re wrong. Knowing this, traders have learned to accept failure as part of the game, but they also use the information they… Read More »
Bank Nifty Bank Nifty is showing negative divergence after a 1200 points rally,break of 10000 which is trendline support is important for divergence to show effect. Buy above 10142 Tgt 10223,10291 and 10369 Sell below 10060 Tgt 10000,9911 and 9893 REC REC was covered here after the triangle breakout and stock has rallied almost… Read More »
In any particular trade you never really know how far prices will travel from any given point. If you never really know where the market may stop, it is very easy to believe there are no limits to how much you can make on any given trade. From a psychological perspective this characteristic will allow… Read More »
One of the most important things that people don’t handle is their Emotional Risk. When emotions run high, the quality of decisions goes down. It is very important to learn how to react to your emotions and thus increase your profits. Bank Nifty Bank Nifty show a decent pullback yesterday in late afternoon session but… Read More »
Feelings naturally appear during trading. The feelings we don’t like seem to have roots deep in our unresolved issues. Somehow they get stuck and do not finish passing through, and can cloud the judgment and interfere with trading. The feelings we do like seem to pass through quickly without much trace. I suggest getting to… Read More »
Bank Nifty Bank Nifty will continue its upmove and will face resistance at 8585 levels. Move above this will take Bank nifty to8685.Stoch has generated a buy. Buy above 8430 Tgt 8480,8513 and 8585 Sell below 8288 Tgt 8210,8160 and 8100 Reliance Industries RIL is approaching its trendline resistance and 20 SMA @762.… Read More »