Pattern, Price and Time: Using Gann Theory in Technical Analysis
1. FIIs sold 16409 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 458 cores with net Open Interest decreasing by 113531 contracts. Importance of Effective Trading Plan in trading profitably 2. As CNX Nifty Future was down by 25 points with Open Interest in Index Futures decreasing by 113531, there is … Read more
Success is defined by the achievement of pre-established goals. The key to becoming a successful trader is identifying, quantifying, strategizing, implementing, tracking, analyzing, learning and growing as a conscious person. You see, there is no such thing as “easy money”. Let’s get this upfront right now, trading is not easy and not for just … Read more
ICICI Bank ICICI Bank will be coming up with its results today,stock has already rallied in expectation of good results. Technically trading in a risisng wedge pattern which is bearish once the lower rising trendline gets breached. Buy above 1214 Tgt 1222,1231 and 1240 SL 1203 Sell below 1201 Tgt 1194,1184 and 1175 SL … Read more
1. FIIs bought 10211 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 333.71 cores with net Open Interest increasing by 44721 contracts. How to Build Self Discipline in trading? 2. As CNX Nifty Future was up by 11 points with Open Interest in Index Futures increasing by 44721 so FIIs again … Read more
Having self-discipline is having the ability to follow through on your plans and goals. Often times we get tugged in various directions and enticed by making choices that don’t help us along our path to our goals and fulfillment. “The path of least resistance is what makes all rivers and some men crooked.” – Napoleon … Read more
Century Textile Century textile is trading in a perfect down trending channel with support at 385 and resistance at 404. Yesterday fall was backed by volumes, If stock is able to hold range of 380 can see a bounce back till 400 odd levels. Buy above 392 Tgt 395,400 and 404 SL 389 Sell below … Read more
1. FIIs bought 20837 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 669.78 cores with net Open Interest increasing by 13139 contracts.Want to Know What is your trading weakness ? 2. As CNX Nifty Future was up down by 27 points with Open Interest in Index Futures increasing by 13139 so … Read more
What is weakest part in trading? Is it not having proper trading system? Is it not having proper trading plan? Is it not having proper trading Software? Is it the trader themselves? I have heard traders who make looses whine about market is manipulated, Its a fake rally, market will reverse from tommrow and i … Read more
SBI SBI the main index contributor for Bank Nifty is very crucial juncture before the RBI policy, Stock has taken support at 2483 and resistance at downward trendline at 2533. Below 2483 stock can fall till 2424 odd levels and above 2533 2570 is on cards. Buy above 2504 Tgt 2522,2550 and 2574 SL 2483 … Read more
Bank Nifty will be in focus today as RBI will unveil its credit policy today at 11 AM, Market Participants , Government and Corporate India have long standing expectations of an interest rate cut to boost sagging growth. RBI said in its report on Macroeconomic and Monetary Developments issued yesterday “Given the preponderance of non-monetary … Read more