Nifty Weekly Forecast for RBI Policy week

Last Week we gave Chopad level of 7376, Nifty did 2 target on upside and 3 target on downside .Outcome of RBI’s monetary policy review to dictate trend.Lets analyze how to trade Nifty before Modiji PM swearing ceremony and expiry week. Nifty Hourly Chart Nifty Hourly charts will given a breakdown  above 7193 and now … Read more Nifty Weekly Forecast for RBI Policy week

Questions to ask Yourself Before Every Trade

What is the overall direction the market is moving with in your time frame and the larger time frame?   What time frame will you be trading with your next trade?   What is your entry signal and what is its historical performance as a winning set up?   How much money will you risk … Read more Questions to ask Yourself Before Every Trade

Ambuja Cement,Coal India and HCL Tech Positional trading levels

Ambuja Cement Close above 220 stock is heading to 228 and 233 Buy above 220.5 Tgt 223,225 and 228 SL 219 Sell below 215 Tgt 212,208 and 203 SL 217   Coal India Any close below 377 stock is heading towards 369,Holding 377 stock is heading towards 390 and 398. Buy above 384.5 Tgt 390,394 … Read more Ambuja Cement,Coal India and HCL Tech Positional trading levels

Is Trading the most difficult profession ?

In this cutthroat world we live in, we often follow the motto, “The ends justify the means.” Blind ambition, self-sacrifice, and extreme self-control are valued. If you can work tirelessly, wait long enough, and quickly recover from endless setbacks, you’ll be one of the select few who survive and reap the rewards. It’s true in … Read more Is Trading the most difficult profession ?

Nifty forming triangle, FII data Analysis

FII’s bought 187 contract of Index Futures worth 15 cores (2.1 K  longs were added and  1.9 K shorts were added in Index Future) with net OI increasing by 4.1  K contracts.FII’s playing for range bound moves till expiry. Nifty is forming a triangle on daily charts, height of triangle comes at 434 points. Now … Read more Nifty forming triangle, FII data Analysis

Let Market be your boss

LET THE MARKET BE YOUR BOSS. Hold your opinions loosely and your discipline tightly. Trade in the direction of the trend for your time frame. Be quick to admit when you are wrong but hold your winners for as long as they keep going in your favor.   You stop trading your plan and start … Read more Let Market be your boss