Pattern, Price and Time: Using Gann Theory in Technical Analysis
*Everyone has a stop-loss level: For some, it’s a price; for others, it’s a pain threshold. * It’s not stress and emotion that get in the way of trading; it’s the stress and emotion that results when trading becomes personal: about you, rather than about supply and demand. * The measure of a trader is … Read more Trading Stress and Emotion
ICICI Bank 3 Drive pattern completed in ICICI which is bearish in nature, Bear will attack stocks once it closes below 1364 for target of 1300, Holding 1364 stock can head towards 1400 and 1453. Buy above 1391 Tgt 1402,1410 and 1424 SL 1384 Sell below 1376 Tgt 1370,1364 and 1356 SL 1384 Ranbaxy … Read more Trade Harmonic Patterns:ICICI,BHEL and Ranbaxy
Last Week we gave Bank Nifty Chopad level of 15046 and Bank Nifty did all 2 target on upside and 1 target on downside. We have Union Budget coming on 10 July so Bank Nifty will be in focus for next week and big moves are on cards. Lets analyze how to trade Bank Nifty in … Read more Bank Nifty Weekly Analysis as per Elliot wave and Gann
Last Week we gave Chopad level of 7506, Nifty did 1 target on upside and 1 target on downside in a highly volatile week. Worries of deficient rainfall, Iraq war and its effect on Brent Crude has kept markets on edge. .Lets analyze how to trade Nifty in expiry week. Nifty Hourly Chart Hourly charts … Read more Nifty Weekly Analysis as per Elliot wave and Gann
In this article, we attempt to look at the psychological elements of trade, risk, and money management as presented in the Successful Traders research series. The goal of trading is to make money by forecasting future price movements.This is inherently difficult because, as human beings, we cannot tell the future. Surely many new traders analyze … Read more Why Human Nature Works Against You as a Trader
Any quick drive through Goa Casino makes it pretty clear who is making in the money – the Casinos! Why do gamblers keep going back despite losing most of the time? Misplaced hope, fantasies about the big win, promising themselves they will walk away when they are up and still winning, and probably the inability … Read more Trade Like a Casino House
IDFC Buy above 129 Tgt 130,131.5 and 132.5 SL 128.3 Sell below 127 Tgt 126.2,124.6 and 122.5 SL 128.3 Idea Buy above 134.5 Tgt 135.8,137 and 138.4 SL 133 Sell below 133 Tgt 131.8,130.4 and 128 SL 134.4 Titan Titan is in impulsive wave short term target come 364 and 377 … Read more Idea,IDFC and Titan Elliot wave analysis
FII’s bought 4530 contract of Index Future worth 177 cores, 17.3 K Long contract were added and 12.8 K short contracts were added by FII’s. Nifty is up 5% for June expiry major part of gains came in start of series, From 6 June close of 7583 and today close of 7569 nifty has just moved 14 points in … Read more Nifty FII Data Analysis for June Expiry
You are in a bull market, When….. You offer your broker a car each morning so he doesn’t need to take the Mumbai local to get to the terminal by 9.19 am. The pink papers are the first to disappear from your lap when you fall asleep on a flight. Every third executive works through … Read more How to Identify Bull Market
Lupin Closing above 1010 stock is heading towards 1021,1042 and 1076. Buy above 1010 Tgt 1015,1021 and 1027 SL 1004 Sell below 1003 Tgt 998,992 and 980 SL 1008 Federal Bank Buy above 133 Tgt 134.3,136.5 and 139 SL 132 Sell below 130 Tgt 128.6,127.2 and 125 SL 131 Hero Motocop Close above … Read more Lupin,Federal Bank and Heromoto trading calls