FII’s bought 25 K contract of Index Future worth 1188 cores ,20.3 K Long contract were added by FII’s and 5.1 K short contracts were liquidated by FII’s. Net Open Interest increased by 15.1 K contract, so rally in market was used by FII’s to enter long and exit shorts in Index futures. Are you Loss… Read More »
In Continuation with Previous article What to Include in Successful Trading Plan Keep good records Good traders always want to know why and how they win or lose a trade. Keeping good records helps you recognize what goes into a successful trade. They also prevent you from repeating mistakes. Your trading records should contain the… Read More »
Last week we gave the Chopad level of 18000 Bank Nifty gave short entry on Monday opening and achieved all 3 target on downside Lets analyze how to trade market in coming week. Bank Nifty Hourly This is what we discussed last analysis Bank Nifty hourly chart faced multiple resistance @17950, close above 17950 can… Read More »
In early Asian trading hours on Monday, when typically only tens of contracts of gold are traded, investors dumped more than $500 million worth of bullion in New York in four seconds, triggering the market’s biggest rout in years. The sell-off began when one or more massive sell orders hit the price of gold on… Read More »
Gann Trading strategies Importance of number 3 Majority of moves will generally occur in time period of three – days, weeks or months.Never trade in the direction of the trend on its third day. Tops, bottoms and consolidations * Tops usually take time to form. Spike tops are less common compared to spike bottoms. Tops… Read More »