Monthly Archives: April 2016

Bank Nifty close above 200 DMA,EOD Analysis

By | April 27, 2016 12:04 am

 As discussed in last analysis   Now for coming week Only close above 16800 can fuel the expiry rally towards 17000, else any close below 16500 can see move towards 16350/16300. High made 17029 and low made 16572 so Bank Nifty broke 16800 and saw an impulsive rise towards 17000 as we have anticipated. Hope trades… Read More »

The Recency Effect – How it affects Trading

By | April 26, 2016 3:37 pm

Raj had been watching the Nifty futures all morning, waiting patiently for a trade. Finally,Nifty came near His entry levels based on his trading system. He looked carefully at  the price action  he used to qualify his trades. Everything met his criteria. Price had turned bullish and  signaling long should be taken. “There’s no flaw… Read More »

Nifty holds on 7850 on closing basis,EOD Analysis

By | April 26, 2016 12:00 am

FII’s bought 0.04 K contract of Index Future worth 12 cores ,4.4 K Long contract were added by FII’s and 4.9  K short contracts were added by FII’s. Net Open Interest increased  by 9.4 K contract, so fall in market was used by FII’s to enter  long and  enter  shorts in  Index futures. How to preserve… Read More »

Bank Nifty does time correction,EOD Analysis

By | April 25, 2016 11:49 pm

 As discussed in last analysis   Now for coming week Only close above 16800 can fuel the expiry rally towards 17000, else any close below 16500 can see move towards 16350/16300. High made 16767 and low made 16605 so trading in a range and doing time correction. How to preserve Mental Capital for Trading Bank Nifty… Read More »

How to preserve Mental Capital for Trading

By | April 25, 2016 5:29 pm

What have been said many time as a trader you need to preserve your trading capital.But trading is not just about managing your trading capital, but also about keeping your emotional and psychological capital intact. Today we will discuss how you can preserve your Mental capital and why this is more important than trading capital… Read More »

Bank Nifty does 16800,Weekly Forecast

By | April 25, 2016 7:57 am

Last Week we gave Chopad Level 16350 Bank Nifty gave Short Entry  on Monday did 2 target on downside low made was 16011 which was near our 2 Target of 16000, again gave long entry on Wednesday as close was exactly at chopad levels of 16350 and did 1 target on upside by Thursday ,… Read More »