Monthly Archives: April 2018

CESC M&M Finance VEDL Price Time Analysis

By | April 30, 2018 9:36 am

CESC Positional Traders can use the below mentioned levels Close below 1051 Target 1021/1000   Intraday Traders can use the below mentioned levels Buy above 1060 Tgt 1066,1072 and 1080 SL 1055 Sell below 1051 Tgt 1043,1032 and 1021 SL 1058   VEDL Positional Traders can use the below mentioned levels Close above 296 Target… Read More »

Nifty breaks out of gann angle,EOD Analysis

By | April 29, 2018 8:19 pm

FII’s bought 8.8 K contract of Index Future worth 669 cores ,12.1 K Long contract were added by FII’s and 3.2 K Short contracts were added by FII’s. Net Open Interest increased  by 15.3 K contract, so rise in market was used by FII’s to enter long and enter short in  Index futures.  FII’s Long to… Read More »

Bank Nifty rallies 400 points above 25050,EOD Analysis

By | April 29, 2018 7:02 pm

As Discussed in Last Analysis  As seen below we are stuck in the range and bulls need a close above 25050 for a move towards the higher end of range ie. 25250/25400/25555. Bearish below 24920 for a move back towards 24768/24500/24220. Low made was 25050 so as soon as 25050 was broken bank nifty rallied and… Read More »

Importance of Trading psychology in trading

By | April 29, 2018 11:23 am

Trading psychology contributes about 60% to success and position sizing contributes another 30%. Furthermore, most traders ignore the first two areas and don’t really have a trading system. That’s why 90% of them fail. First, I would argue that trading psychology accounts for 100% of success. Why? This conclusion is based on two findings. First,… Read More »

How to trade ABCD Harmonic Pattern

By | April 29, 2018 5:16 am

The AB=CD or ‘lightning bolt pattern‘ Harmonic Pattern   AB=CD is a reversal pattern that helps you identify when the price is about to change direction AB=CD pattern is a four point harmonic pattern which may be considered the developmental basis for other harmonic patterns. A-B leg when a market is trending upwards, the first… Read More »

Understanding Reversal Candlestick Patterns

By | April 28, 2018 6:35 am

 Lets discuss 2 Candlestick Pattern Engulfing and Kicker which will help you in understanding the reversal pattern. Bearish engulfing pattern: The bearish engulfing pattern consists of two candlesticks: the first is white and the second black. The size of the white candlestick is not that important, but should not be a doji, which would be relatively… Read More »

The Power of Thoughts

By | April 27, 2018 4:14 pm

By Remez Sasson One day, a yogi and his disciple arrived in the big city. They had no money with them, but they needed food and a place to stay. The disciple was sure that they were going to beg for their food, and sleep in the park at night. “There is a big park… Read More »