Apollo Tyre Positional traders should keep an eye on close above 102, for short term target of 110. Any close below 97 stock is heading back to 94 in short term. Buy above 101 Tgt 102,103 and 104.1 SL 100.5 Sell below 100 Tgt 98.6,97 and 95.3 SL 100.5 HPCL Positional traders should keep… Read More »
FIIs bought 6507 contracts of Index Future worth 212 cores (25435 Longs contract were added and 18298 shorts contract were added ) with net Open Interest increasing by 44363 contracts, so FII’s added longs and shorts in today’s session. Nifty continued to trade above the channel but again failed to close above 6300 level. Today… Read More »
The Fear Of Missing Out (FOMO) Here’s the scenario: you’ve been sitting on the sidelines while watching the market rally . Are you itching to jump in and buy? Are you frustrated because you are missing profits that others are making? Many traders I’ve been talking to feel this way right now and it’s not… Read More »
PNB Buy above 630 Tgt 637,642 and 650 SL 624 Sell below 622 Tgt 616,610 and 603 SL 624 Yes Bank Buy above 381.5 Tgt 383.4,387.3 and 393 SL 379 Sell below 377 Tgt 373,371 and 367 SL 379 Indusind Bank Buy above 434 Tgt 435.6,440.5 and 447 SL 430 Sell below 429… Read More »
FIIs bought 16492 contracts of Index Future worth 537 cores (10325 Longs contract were added and 6167 shorts contract were covered) with net Open Interest increasing by 4158 contracts, so FII’s added longs and also covered shorts in today’s session. Nifty continued to trade above the channel but again failed to close above 6300 level.… Read More »
Trading successfully is not an easy game. Many people may think it is a difficult venture due to the fact that it is a complicated process and the markets move much too fast. There may be a little bit of truth to that, but in reality the downfall of most traders lies in the fact… Read More »
BHEL BHEL after giving breakout touched its pullback point and gave a rally as seen in above chart, Stock is near its 200 DMA. Positional traders should watch for close above 167 for short term target of 178. Buy above 167.5 Tgt 168.5,170.8 and 174 SL 166 Sell below 164.5 Tgt 162.5,161.2 and 159 SL… Read More »
Last week Chopad level of 6187, Nifty did 1 target on downside and 2 target on upside. Last Week was roller coaster ride for Stock market traders/investor as Fed did the taper and RBI kept the rate unchanged, Both events took the market participants by surprise.The market may remain volatile and trade in a range as… Read More »
FIIs bought 10914 contracts of Index Future worth 347 cores (21464 Longs contract were added and 10550 shorts contract were added) with net Open Interest increasing by 32014 contracts, so FII’s added longs but again not a blowout rally is offing as they added shorts. As discussed in last analysis Nifty closed below the upward… Read More »
One of the most frustrating things a trader can experience is being dead on right about a trade, taking it, BUT.. still losing money! How can this be? This can happen in five different ways, each of the first four contain a lesson for better planning the fifth way to lose money in this list… Read More »