Pattern, Price and Time: Using Gann Theory in Technical Analysis
Larsen and Tubro Close below 1652 stock is heading towards 1597, Close above 1686 short term target comes at 1741 Buy above 1677 Tgt 1700,1720 and 1740 SL 1671 Sell below 1660 Tgt 1646,1619 and 1597 SL 1670 J P Associate Close below 74 stock is heading towards 68 and 63. Buy above … Read more
FII’s bought 5.7K contract of Index Future worth 216 cores, 9.7 K Long contract were squared off and 15.5 K short contracts were were squared off. So FII’s after today’s volatile move squared off both long and shorts in Index Future. As discussed in yesterday’s analysis caution is advised on longs and today we saw … Read more
A sideways market? A trending market? A trend continuing; A trend reversal? Getting stopped out of a trade? Winning a trade? Breaking even? Losing a trade? All questions that need to be answered if you are to have confidence in your trading system. For it is confidence that allows you to profit from the markets. Ridiculous notion? … Read more
SUN Pharma Any close above 665 stock is heading towards 699. Buy above 650 Tgt 656,665 and 675 SL 646 Sell below 645 Tgt 640,635 and 629 SL 647 Axis Bank Buy above 1850 Tgt 1871,1900 and 1930 SL 1840 Sell below 1815 Tgt 1800,1784 and 1760 SL 1825 IRB Any … Read more
FII’s sold 4861 contract of Index Future worth 190 cores, 1.3 K Long contract were squared off and 3.5 K short contracts were added. So FII’s are continue adding shorts in Index Future even though Nifty has risen around 100 points suggesting rise was backed by short covering only. Nifty after doing consolidation for most … Read more
Ranbaxy Buy above 481.5 Tgt 485,492 and 503 SL 479 Sell below 474 Tgt 468,464 and 458 SL 479 Reliance Any close above 1076 stock is heading towards 1100. Buy above 1069 Tgt 1076,1085 and 1095 SL 1065 Sell below 1053 Tgt 1042,1033 and 1027 SL 1057 BHEL Any close above 242 stock … Read more
FII’s bought 2061 contract of Index Future worth 78 cores, 13 K Long contract were added and 10.9 K short contracts were added. So FII’s are adding both long and shorts in Index Future as nifty is nearing an important support level. Nifty continued its decline, near the support area of 7474-7485, made an intraday … Read more
Environmental distractions and boredom cause a lack of focus – All of us have limits to our attention span and these are easily taxed during quiet times in the market; Fatigue and mental overload create a loss of concentration – The demands of watching the screen hour after hour make it difficult to be sharp, creating fatigue … Read more
Trading offers a wide world of opportunities to traders new and experienced alike. It’s unfortunate, but trading profitably with any level of consistency often takes time and effort for a trader to develop their approach. Along the way are many hurdles and perhaps even more unfortunately, quite a few of those hurdles can be self-imposed. … Read more
FII’s sold 14989 contract of Index Future worth 574 cores, 5348 Long contract were squared off and 9641 short contracts were added.Net Long Contract for FII’s are just 21K for the current series which is lowest in 2014, so FII’s are majorly going short in market. As i was discussing in past few days, EW … Read more