Last Week we gave Chopad Level of 15436 Bank Nifty did 1 target on upside and 1 target on downside . Lets analyze how to trade Bank Nifty in Expiry week. Bank Nifty Hourly Bank Nifty hourly charts are showing consolidation after a rise in last week, Sustaing below 15300 will suggests will invite a… Read More »
Last Week we gave Chopad level of 7685, Nifty did 2 target on upside rewarding trend follower with 150 points. Lets analyze how to trade Nifty in Expiry week. Nifty Hourly Chart Hourly charts shows have been trading in a channel, now currently trading at the channel bottom which is around 7752, any break below… Read More »
As people get into this great business of trading, many are exposed to a heck of a lot misinformation. So, that being said, let me lay out what I truly believe are the 5 keys to a profitable trading methodology: Reliability. This basically means at what percentage of the time do you actually make money? … Read More »
HUL Closing above 646 short term target 665, else 631/623 on cards. Buy above 645 Tgt 648,653 and 660 SL 642 Sell below 639 Tgt 635,631 and 626 SL 642 HDFC Bank 843 needs to be watched on closing basis, Closing above it stock is heading towards 860, and below it 833/820 on cards.4… Read More »
FII’s sold 2168 contract of Index Future worth 81 cores, 5.5 K Long contract were squared off and 3.4 K short contracts were squared off by FII’s. Net Open Interest reduced by 8.9 K contract.FII’s are using highs to exit long and shorts. Nifty has been rising from past 8 trading session hit a fresh high… Read More »
The Nifty has hit fresh all-time high of 7835, its third record in a month but the euphoria is masked by rather harsh reality. As many as 33 stocks in the Nifty basket along with CNX small cap and CNX mid-cap remained far removed from the partying crowd. The two indices have underperformed to the… Read More »
FII’s bought 1330 contract of Index Future worth 52cores, 11.4 K Long contract were added and 10 K short contracts were added by FII’s. Net Open Interest increased by 21.4 K contract.FII’s are again adding long and shorts in Index future in July series. Nifty has been rising from past 7 trading session hit a fresh… Read More »
They trade too much. A major edge small traders have over institutions is that we can pick our trades carefully and only trade the best trends and entries. The less I trade the more money I make because being picky is an edge, over trading is a sure path to losses. Unprofitable traders tend… Read More »
Biocon Buy above 520 Tgt 525,532 and 545 SL 517 Sell below 512 Tgt 505,500 and 492 SL 517 Glenmark Buy above 578 Tgt 580 ,583 and 590 SL 574 Sell below 573 Tgt 570,567 and 564 SL 575 Century Textile Buy above 634 Tgt 641,655 and 663 SL 630 Sell below 625… Read More »
FII’s bought 31056 contract of Index Future worth 1200 cores, 29.4 K Long contract were added and 1.5 K short contracts were squared off by FII’s. Net Open Interest increased by 27.9 K contract.FII’s made the single largest purchase of Index future in July series. Nifty has been rising from past 6 trading session and will… Read More »