As per Weekly Technical Analysis for 9 November (Click on Link) we have discussed the possibility of heading back to 4720 and breaking the levels again with a simple Logic of 200 and 50 DMA. You can read the full post by clicking on above link.

My article for MACD have been published in Futures maz Chicago You can read the post by clicking on the below Link

Trading with MACD(Click on the Link)
 
Nifty Hourly
Nifty Hourly charts are showing pattern of consolidation after waterfall decline we have witnessed and traded in last …

India Declared its GDP yesterday and it was the slowest in past 18 months.Given the way Stock Markets are falling in August one got reminiscence of 2008 Crash and pain the investor went through.
Now Given the way things are panning out in Europe and USA we can have 3 Outcomes
1. Slow Growth
2. Borderline Recession — Economic Growth slows down significantly
3. Double Dip Recession
As per Economist there are still 50% Chances of going through recession in wake of sovereign crisis occurring in Europe.S&P Came with GDP cut for European Countries yesterday …

Bears Ruling Dalal Street with Nifty crashing to the most talked and Sacrosanct Level of 4800.
I have came across many traders who have lost a fortune while trading and few people who made a fortune. Trading is a profession in which you require a Army like discipline and a peaceful mind with temperament.

90% of Traders Loose money
So now question arises why Traders loose money?

1. Having No trading system :- Most of Traders i have interacted have no system to trade with. Trading system will help a trader to generate Buy …

Nifty has been doing nothing from past 5 trading sessions and many of my fellow traders are getting frustrated and irritated by the market moves.(including me ))
We intiate Buy and see our profit going in a whip of seconds and hitting our Sl.
We intitate Short it comes near our tgt and again get whipsawed
One of the  most important of Trading when is your position sizing. Never ever trade with High volumes in Sideways market.
Your most important asset your trading Capital should be protected in such market. Due to …

It is customary to receive and give gifts in India. Gifts are always welcome, especially on occasions like marriage, birthday or anniversary. Now you can help your relatives to save the tax by bestowing gifts in form of moveable or immoveable property.
 
When a gift or a specified property is received without consideration from a non-relative whether in cash or in kind or any property is purchased for an inadequate consideration it shall be treated as income from other sources and taxable in the hand of the recipient under the new provisions …

Breakout Trading System/Breakout Trading Strategy
What Is a Breakout?
A breakout is a stock price that moves outside a defined support or resistance level with increased volume. A breakout trader enters a long position after the stock price breaks above resistance or enters a short position after the stock breaks below support. Once the stock trades beyond the price barrier, volatility tends to increase and prices usually trend in the breakout’s direction.
In Stock Market terms a Breakout in a index/Stock Signify moves outside a definite resistance/Support Levels on an increased volume. It’s …

5 EMA Weekly Trading Strategy can be basically used for positional traders who trade on weekly data and do not care of daily volatility in Nifty.
RULE 1: Below 5 EMA we are in a bearish Scenario and SL is closing above 5 EMA

RULE 2:Above 5 EMA we are in Bullish scenario in Short term and SL is closing above 5 EMA
As you can see in above Chart Nifty taking support at 5 EMA and bouncing back.So we need to keep 5 EMA as SL for …

Nifty Intra Day Trading System

I present the Nifty Intra day trading system which is profitable and having good success ratio on trending day like today.
As you can see in Intra Chart we have just 21 EMA on a 5 Mins Chart@http://niftyrtcharts.blogspot.com/

How it Works:

Wait for first 15 Mins of trade to find the ORB(Opening Range Breakout/Breakdown) Value
Once we get the ORB value we need to see whether Nifty is moving above 21 EMA or Below it
Once Nifty Starts trading below 21 EMA as of today initiate Short positions.
Hold Your Short Positions …

By definition, a pivot point is a point of rotation. The prices used to calculate the pivot point are the previous period’s high, low and closing prices for a security. These prices are usually taken from a stock’s daily charts, but the pivot point can also be calculated using information from hourly charts. Most traders prefer to take the pivots, as well as the support and resistance levels, off of the daily charts and then apply those to the intraday charts (for example, hourly, every 30 minutes or every 15 …

I would like to Thanks Mr Rajandran  for sharing with me  such a versatile and free of Cost Utility/Software which can be useful for Indian traders trading in Crude,Gold and other Commodities with Sensex Charts that also live and Real Time.
Broco is providing a demo trading account software for Forex, World Indices and commodities, Stocks.
How to access and use the Utility

Download  Broco Software By Clicking on the Link.
Register for the Demo Account on the Site.
Right Click on the Market Watch.
Select SYMBOLS.
To get MCX Charts search for  …