Technical Charts:RIL,Bombay Dyeing,Larsen and MundraPort Sez

  Bombay Dyeing Bombay Dyeing has it given a break out ? Looking at daily chart Stock has broken above its upper trending line and 200 DMA with volumes but.. 200 DMA is dividing line between BUlls and Bears. Below 200 DMA bears rule and above 200 DMA BUlls do party. The most important level … Read more

Nifty Expiry Levels for Spetember Series

Most Important qualification of successful Trader is “SILENCE”. Keep your own silent counsel – keep your victories and your failures to yourself – learn from them both.You should not go on and keep on Boasting your victories and Sit on sidelines during a string of losses.Just take PL as it comes accept it and continue … Read more

Nifty Weekly Technical Analysis for Week 26 September

After the drubbing that Nifty received last week which was highly volatile where on Tuesday we are so close of breaking the 5169 level which is upper end of trading range but on Thursday we gave 4.5% in single session and eventually on Friday broke the lower end at 4900 and closed below it. Before … Read more

Traits of Becoming Successful trader

Every trader need to Identifying his Strengths and Weaknesses Trading requires as much honesty as is objectively possible. To be able to go over each trade and determine what you did right and what you did wrong requires putting ego aside for the benefit of becoming a better trader. You have to be able to … Read more

Nifty Levels to Trade after Sell off

Bank Nifty Magic of Trend lines:I have shared the same chart yesterday and see the action today. Bank Nifty low is at the trend line. Trendlines are the best way to trade the market if you can follow them with discipline. Break of 9489 tomorrow will lead to more correction in BN. Zone till 9260 … Read more

Nifty and Bank Nifty Ahead of US Fed Policy

Bank Nifty   Bank Nifty is running into its crucial resistance of 9972 ahead of crucial fed meeting. IF US FED announces QE 3 that  will fuel inflation in Emerging market economy with rise in commodity prices. Printing money will never solve problems it is just a life supporting on death bed of US economy. … Read more

Technical Charts:RIL,SBI and Infosys

  HI All, I was not in best of my health from past 3 days reasson for no updation on site. Thanks all for showing concerns by calling on cell and sending mail.   Reliance RIL the poster buy on Nifty has woken up again yesterday and reason for 100 point jump in market.Volumes are … Read more

Nifty Weekly Technical View for Week Starting 19 September

The market will reward your discipline.  Let’s face it, the market is one disciplined son of a gun.  When it says it is going to crush the bears with their death cross and the bulls with their golden cross it does.  When the market says a bearish economic report does not matter I am going … Read more