Nifty bounces from Gann Angle,EOD Analysis

By | July 19, 2017

FII’s bought 3.2 K contract of Index Future worth 206 cores ,2.1 K Long contract were added by FII’s and1 K Short contracts were liquidated by FII’s. Net Open Interest increased  by 1 K contract, so rise in market was used by FII’s to enter  long and exit short in  Index futures. FII’s Long to Short… Read More »

Bank Nifty Continue to make life high, holding 24000

By | July 19, 2017

As discussed in Last Analysis  Bank nifty again did a close above 24000 even when nifty corrected almost 100 points, and in process did the next target of 24120. Now till we are holding 23760 bulls can continue to move ahead and can take bank nifty towards 24120/24270/24389/24480, 24477-24480 is major resistance for bank nifty, … Read More »

Can Retail traders make money in Stock market?

By | July 19, 2017

Amateur retail traders tend to think that the professional trader or Institutional investor have some sort of secret knowledge/system that enables them to make huge profit in trading. However, the difference between a retail traders trying to make consistent profit  and a professional traders zeros down to the trading mindset and trading psychology.The difference between… Read More »

Bank Nifty Bulls continue to close above 24000

By | July 18, 2017

As discussed in Last Analysis  Till 23760 is held bulls can continue to move ahead and can take bank nifty towards 24120/24270/24389/24480, 24477-24480 is major resistance for bank nifty,  Bearish below 23700 for a move towards 23400/23100.Many traders want to short market as it has gone up significantly, but let the market show some sign… Read More »

Supply Demand Analysis for Stocks: Indian B CESC SUN TV

By | July 18, 2017

Indian Bank   Positional Traders can use the below mentioned levels Close above 320 Target 329/343 Intraday Traders can use the below mentioned levels Buy above 319 Tgt 322, 326 and 331 SL 317 Sell below 316 Tgt 312,309 and 305  SL 318   CESC   Positional Traders can use the below mentioned levels Close… Read More »

Important Points for Trading Success

By | July 17, 2017

1.Knowledge Knowledge about yourself, Your reaction when price goes in your favor, against you. Knowledge about your trading system and risk and money management.  2. Information You cannot trade without information. Information is required to evaluate any unforeseen influence entering in market. Knowing about results of company/Election results/Central Bankers meet. 3. Confidence With Confidence trader… Read More »