Last week we gave Trend Deciding level as 5720 Nifty achieved 3 weekly targets on upside made exact high at 3 weekly target of 5852 🙂 and 2 target achieved on downside.Hope traders are able to mint money on both sides. This is what i have said last week analysis Its has been observed for … Read more Nifty Technical forecast for July Month
I have had many readers through the years and students of my trading course –most of whom were less-experienced traders–tell me that at some point in the future they planned to quit their 9-5 jobs and become a full-time trader. Traders who have recently entered market and made good money also plan to become a … Read more When To Quit Your Job to become full time trader
To achieve the impossible dream, try going to sleep…Joan Klempner Healthy Body keeps an Healthy Mind. Traders are notorious for having bad sleep habits. Many stay up into the early hours of the morning watching, studying or trading overnight, then struggling to stay awake during the day to trade the regular session. To trade well … Read more Are you Victim of Sleep Disorder?
Cipla Cipla after breaking its medium term trendline has been consolidating below it,Yesterday gave an upmove after days of consolidation but unable to close above the trendline resistance and also its 200 DMA @ 391. Close above 391 can lead to target of 411 in medium term. Buy above 388 Tgt 391,395 and 398 SL … Read more Technical Picks:Cipla and Bajaj Auto
FIIs bought 1435 Index Future worth 47 cores with net Open Interest decreasing by 321225 contracts. Nifty opened with Gap up and maintained the gap, and expired above the higher end of trading range. Nifty Future July Open Interest Volume is at 1.19 cores with addition of 20 lakhs in Open Interest,so longs got added.Nifty … Read more Nifty Futures Technical Analysis for July series
Today is Nifty expiry and many traders will indulge in Option trading to make some quick buck if they are on right side of trade. I have seen trader taking position in Options that trades less them their theoretical value, thinking price will correct End of day and they will make profits but in reality … Read more Why do options trade at lesser than theoretical value on the last day of expiry?
As discussed INR hit all time low against USD so lets analyze how will falling rupee affect the budget and personal finances of common man. Here’s how a weak rupee will affect “Aam Adami” 1. Increase in Petrol and Diesel Price: Indian is largest importer of crude oil. With Rupee trading at all time low due to bad economy … Read more 5 Ways fall in Rupee affect Middle class Indian
Its been hell of series for investor and bullish traders as Nifty kept on falling down and down, First day of June series had an inkling of fall as Nifty closed down 138 points and the correction continued. Mid caps have been butchered out of shape and large caps becoming Mid Caps like JSPL. Nifty … Read more Nifty Futures Technical ahead for June F&O Expiry
Humans aren’t the only gamblers in the animal kingdom. Our closest primate relatives, chimpanzees and bonobos, demonstrate behaviors considered basic to human economics such as delaying gratification and assessing risk, according to new research published Wednesday May 29 in the journal PLoS One. Though they don’t bet on stock exchanges or casinos, they also have strong … Read more Chimpanzees Are Like Stock Traders — They Take Gambles
Bharti Airtel Bharti Airtel is trading in a downtrending channel and yesterday closed at higher end of channel,able to trade and close above 298 will open gates till 308.Unable to cross 298 stock can pullback to lower end of channel till 264 odd levels in medium term. Buy above 298 Tgt 301,304 and 308 SL … Read more Daily Stock Analysis: Airtel,Tata Motors and Rcom