A big part of trading is a probability game. The market can move any directions and many times against all logic and fundamentals for a period of time.An edge in trading is the ability to have winning probabilities on your side. Most people cannot distinguish between luck and skill when it comes to forecasting the… Read More »
BHEL Buy above 207 Tgt 211,215 and 219 SL 203 Sell below 201 Tgt 198,192 and 184 SL 203 Tata Motors Buy above 506.5 Tgt 511,515 and 521 SL 503 Sell below 500 Tgt 498,492 and 485 SL 503 Reliance Buy above 932 Tgt 939,945 and 955 SL 929 Sell below 925 Tgt 920,918… Read More »
Nifty after yesterday decline of 100 points is quiet well trading in the price channel band as seen in below chart. 7864/7990 are 2 numbers which need to be watched closely in coming 3 trading session, Holding the same we can see a quick bounce to 8020/8040 and holding the same we will make a… Read More »
During periods of market uncertainty, like what we are currently experiencing with fears of a Fed rates hike and myriad geopolitical risks appearing on the horizon, it can be helpful (and inspiring) to pay heed to the advice given by investment greats of the years gone by. One such great is Peter Lynch, who ran… Read More »
FII’s sold 4.1 K contract of Index Future worth 164 cores, 5.1 K Long contract were added and 9.2 K short contracts were added by FII’s. Net Open Interest increased by14.4 K contract , so FII added longs in Index futures also shorts were added almost in 1:1.8 ratio. This is what we discussed yesterday we… Read More »
At the broadest level, trading consists of analyzing, synthesizing, and doing. Analyzing is extracting information from markets, immersing ourselves in data. It is our look through the microscope. Synthesizing is assembling those data into a coherent picture, extracting pattern and meaning from the reams of market information. It is our telescopic view. Doing is taking… Read More »
Coal India Buy above 338 Tgt 342,345 and 349 SL 335 Sell below 333 Tgt 330.5,326 and 323 SL 335 M&M Buy above 1351 Tgt 1365,1375 and 1382 SL 1347 Sell below 1344 Tgt 1335,1318 and 1300 SL 1347 PFC Any close below 233 stock is heading towards 228/225. Buy above 239 Tgt 242,244.5… Read More »
FII’s sold 7.9 K contract of Index Future worth 315 cores, 17.5 K Long contract were added and 25.4 K short contracts were added by FII’s. Net Open Interest increased by 42.9 K contract , so FII added longs in Index futures also shorts were added almost in 1:1.5 ratio. This is what we discussed yesterday… Read More »
Developing Self-Discipline is something that you can start doing right NOW. It doesn’t take vigorous special forces training, nor does it require being related to the almighty samurai bloodline. Instead it requires will, devotion and regular action. Start by cultivating a desire. Do that by understanding the incredible benefits of such an achievement. The… Read More »
ACC Buy above 1490 Tgt 1500,1513 and 1527 SL 1485 Sell below 1480 Tgt 1475,1466 and 1456 SL 1485 Century Textile Buy above 570 Tgt 577,583 and 593 SL 566 Sell below 560 Tgt 555,545 and 535 SL 565 Bharat Forge Buy above 846 Tgt 852,859 and 874 SL 843 Sell below 840… Read More »