Can you trade without Emotions ?

Yesterday I gave my analysis on United Spirits, Buy call got stopped out and Sell achieved the target but few traders called me yesterday, “Bramesh Sir, I am still Holding Long in United Spirits as per your analysis, I was bit taken back because we got stopped out in morning trade only and trade was … Read more

Stock Trading: RIL, Sun Pharma and Indusind Bank

Reliance Reliance formed a bullish engulfing pattern yesterday closing well above its 200 DMA, Now stock faces resistance at its 100 DMA 834 above which it will reach the top end of channel at 850. Buy above 835 Tgt 840, 851 and 855  SL 828 Sell below 819 Tgt 810,801 and 784  SL 822   … Read more

Nifty Bounces from lower end of trading range, FII F&O Analysis

FIIs bought 5526 Contracts of Index Future ,worth 167 cores with net Open Interest increasing by 5804 contracts, FII made fresh longs in market.Trading lessons As discussed in Weekly Analysis Nifty took support at important level of 5937 which was 38% retracement which gave us good level to do partial profit booking and today our … Read more

Trading lessons

Trading lessons from worlds best traders sharing their experience in one liner. Must read for trading community. On the school of hard knocks: The game taught me the game. And it didn’t spare me rod while teaching. It took me five years to learn to play the game intelligently enough to make big money when … Read more

HDFC,Tata Steel and United Spirits Technical Analysis

HDFC HDFC is forming an ascending triangle with breakout coming above 917, Positional traders can take long above 917 for target of 950 in 1 month time frame. Intraday Traders can use the levels below to trade . Buy above 911 Tgt 914, 917 and 921 SL 906 Sell below 903 Tgt 900,894 and 889  … Read more

USD INR Weekly Trading Forecast

As discussed last week USD INR achived all target above trend deciding level 55.20.USD is very near to ots life time high of 57.28 and any close above 56.4 will lead towards the life highs. Lets analyze USD INR technical for coming week. USD INR 4 Hour Chart USD INR 4 hour chart will  enter … Read more

Bank Nifty corrects from Life Highs,Weekly Analysis

Last Week we gave Bank Nifty Trend Deciding level as 13355 ,stopped out on upside  and achieved all downside targets. Bank Nifty has made a fresh lifetime high of 13414 but was not sustainable on upside and gave way for profit booking as soon it start trading below our trend changer levels. So lets discuss … Read more

Nifty Weekly Analysis before May F&O Expiry

Japan was the talk of the capital market last week, with Nikkie falling more than 1500 points in single day and post Lehman era scare was running down the streets. Indian Markets were also affected in global mayhem and Nifty falling and closing below 6000. Next week in May F&O expiry and market is bound … Read more

Traders Confusion

Maslow one commented that, when all you have is a hammer, you tend to treat everything as a nail. So it is with psychologists that involve themselves in markets. Lacking an understanding of actual speculative strategies and tactics–not to mention portfolio construction–they reduce performance problems to the lowest, psychological denominator. In so doing, they confuse … Read more