Nifty Views on RBI Policy

The D day has arrived RBI deciding the fate of Nifty. Why i say so is Every time move by RBI will lead to trending moves in our market. Last Meeting when RBI raised the Interest Rates by 50 BPS Nifty was at 5700 Levels near its 200 DMA. After that Nifty is trading now … Read more

Technical Analysis:SBI,GAIL and Tata Steel

The market expects you to accept losses.  If you want to play in the market you better be prepared to play by the market’s rules.  Accept the losses, make them small based on proper risk parameters Today’s rally in NIFTY was born out of pessimism.  Every one was bearish in market and waiting for 4910 … Read more

Nifty Trading Levels for 14 September

Human emotion is both the source of opportunity in trading and the greatest challenge. Master it and you will succeed. Ignore it t your peril. Nifty Hourly Nifty had a roller coaster ride today Rising almost 90 Points than falling -30 Points, Volatility is at its peak. Trend is down but its very difficult to … Read more

Hero Motor Corp and HUL new Life High in Down Market

There is always bull market somewhere even in Down trending market and Bearish market we are trading into. Hero Moto Corp Hero Motor Corp is the Real hero in the Screen of Red. Nifty is down by 4% in past 2 days But HERO is up in green and making a fresh life time high. … Read more

Technical Analysis:Kotak Bank,HCL and TATA Motors

No one knows FOR SURE how much profit any trade is likely to make. Fortunately, it is possible to know THE INITIAL RISK a trader is willing to lose. Kotak Mahindra Bank Kotak Bank has faced resistance near its resistance at 478 which was its previous High. On Friday stock formed bearish engulfing pattern which … Read more

Nifty Weekly technical Analysis for Week Starting 12 September

Nifty Futures Hourly Chart

Successful  traders only control three things all the time: Initial Risk, Exits, and EMOTIONS…  Nifty Hourly Nifty Hourly chart has shown a Rising wedge formation. The Pattern is active and shown its effect in Friday’s correction The rising wedge is a bearish pattern that begins wide at the bottom and contracts as prices move higher … Read more

Technical Charts:Bank Nifty,BHEL and DLF

“Everyone makes an ego mistake once in a while, but only a foolish player does it often. Unsuccessful traders are always having  self-delusion and wishful thinking.  He can’t accept his own incompetence, so he attempts a recovery shot that’s usually beyond his reach.” Bank Nifty Bank Nifty has rallied almost 10% in past 7 trading … Read more

Nifty in short Term Uptrend

It’s not by making large profits that money is made over time. It’s by consistently keeping losses small in relation to profits. We make Profitable trade we get excited next trade if we are losing money Most of traders keep holding it in HOPE of getting back to profit and mostly it never comes and … Read more

Technicals Levels to trade:Reliance,Tata Coffee

It is emotion that creates movement in the market. Of course, few people really want to admit that most of their decisions are emotionally based and emotionally driven rather than rationally based and rationally driven. TATA Coffee TATA Coffee was trading in the range of 688-765 ,today it showed a breakout with volume. Stock got … Read more