Commodities are back on radar with gold, silver, and oil prices rising between 2.5-5% biggest jump in 5 months period.Lets analyses how trader can trade Gold,Silver and Crude today. Gold Daily Chart As per daily charts gold is nearing its 20 DMA@1486 , High made in morning session is 1485. Intraday players can use the below… Read More »
April Series came to an end and Stock Calls given on site have made profit of 1.28 Lakhs. For the reference of readers the performance sheet for the Month of April/March Expiry has been updated, can be accessed from http://tradingsystemperformance.blogspot.in/. HDFC HDFC has seen a fast rise today during last 30 mins of trade, Stock… Read More »
FIIs bought 125227 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 3716 cores with net Open Interest decreasing by 102440 contracts.Worlds Best Technical Analyst NS closed at 6 weeks High 5916 after making high of 5925 and low of 5854, Nifty Opened Gap up but did gave a dip till 5854… Read More »
Marty Schwartz Originally a stock analyst but got sick of having to write bullish investment advice on overpriced companies. He developed and combined several technical indicators in an effort to determine lower risk entry points for his trades. Schwartz found success when he shifted to technical analysis and focused on mathematical probabilities. He ran his… Read More »
May Lord Mahavir Bless you abundantly And fill your life with The virtue of truth Non violence & External compassion.. Volatile April Expiry is coming to an end, It raised Hope of Nifty going down as much as 5200 at one point of time and now we are trading well above 5800, Volatility at its… Read More »
HDIL HDIL after forming base formation gave a rise today backed by volumes, Stock took resistance at its 50 DMA and pulled back.Able to cross 59.5 tomorrow can see the pullback rally to continue else will fall back to 50 odd levels. Buy above 56.3 Tgt 57.6,59 and 60.2 SL 55.2 Sell below 55 Tgt… Read More »
FIIs bought 40793 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 1218 cores with net Open Interest decreasing by 24977 contracts. FII continued with short covering today, and formed longs in May series as only 2 days are left for expiry for April Series..Difference between Amateur & Professional Trader Nifty continued… Read More »
Amateur trader are the ones who enter market to make money quickly and in turn lose most of their trading capital come back again with trading capital go bust again and cycle keeps on repeating for 3-4 years and eventually they quit market thinking its all manipulation which goes on. Amateur trader blames market for… Read More »
USD INR 4 Hour Chart USD INR 4 hour chart is trading in a downtrending channel,with support coming at 55.58. Opened with a gap down today,looking at charts it seems the opening gap will be filled. USD INR Daily Chart As per Daily charts INR is trading below 200 DMA from past 19 days. Trading… Read More »
HUL HUL is trading near a crucial resistance of 100 DMA, which stock is unable to cross from past 3.5 months, Unable to cross this time pullback can be seen in extremely short term. Buy above 491 Tgt 493,496 and 505 SL 486 Sell below 482 Tgt 480,477 and 474 SL 484 Asian Paints… Read More »