One of the biggest problems new traders have is focusing on the wrong things. I did it, everyone does it. Being perfect is one of those things. Perfect is not a pre-requisite for making money. There is so much money to be made in between. .
Perfection and satisfaction are almost never in the same sentence. Your goal is to make money in an efficient way. It is not to make money on every trade. Satisfaction, for me, comes from following my trading plan/rules. With a good plan/rules the money will …

Doing Nothing is market is also a Habit traders should develop.
Remember this: When you are doing nothing, those speculators who feel they must trade day in and day out, are laying the foundation for your next venture. You will reap benefits from their mistakes.”
Reliance Industries

RIL made a pullback till 751 which was an important support area and bounced back  sharply. 815 is the strong resistance above which the momentum can go strong .
 

Buy above 803 Tgt 809,815 and 831
Sell below 792 Tgt 784,777 and 770

 
Bank Nifty
Bank Nifty is on verge …

INDIAN VIX– Volatility Index
VIX Denotes the fear in the market ,fear of downfall. Nifty cracked from past 5 trading sessions after reaching a tad below it life time high.
VIX is updated on EOD Basis @http://livevixchart.blogspot.com/
I have attached the Daily Charts of VIX chart.
As seen from the chart VIX is touching the upper trendline of channel 2@23.86 Levels and at lower level forming higher lows around 19. If VIX breaks 23.86 tommrow we are in for a more correction and if we are able to resist this channel and move towards …

The chart is of Bank Nifty Future , as we can see a clear formation Head and Shoulder pattern and the price has already breached the neckline .

Presently Bank nifty has given a pullback towards the neckline around 9300 , here if the price breaches and sustains above the neckline the whole pattern is violated and we can see good upside till 9600-9800 .

But if fails to do so then the shoulder- leg target is massive ie 8200 around ….You prefer what you want
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