Pattern, Price and Time: Using Gann Theory in Technical Analysis
FII’s bought 5.7 K contract of Index Future worth 232 cores, 8.5 K Long contract were added and 2.7 K short contracts were added by FII’s. Net Open Interest increased by 11.2 K contract , so FII added both long and short in index futures. Nifty has as expected volatile day , but as per Gann … Read more FII FnO Data Analysis for 01 Oct
1) The amount of time spent on their trading outside of trading hours (preparation, reading, etc.); 2) Dedicated periods to reviewing trading performance and making adjustments to shifting market conditions; 3) The ability to stop trading when not trading well to institute reviews and when conviction is lacking; 4) The ability to become more aggressive … Read more Characteristics of Successful Traders
A B Nuvo Holding 1631 stock can bounce back to 1686/1741. Buy above 1645 Tgt 1659,1676 and 1695 SL 1631 Sell below 1621 Tgt 1604,1587 and 1550 SL 1631 Union Bank Any close above 199 stock is heading towards 212/220 in short term. Buy above 197 Tgt 200.5,206 and 210 SL 194.5 Sell below 193 … Read more AB Nuvo, IDFC and Union Bank trading plan
FII’s bought 2.4 K contract of Index Future worth 99 cores, 6.3 K Long contract were squared off and 8.7 K short contracts were squared off by FII’s. Net Open Interest decreased by 15 K contract , so FII squared off both longs and shorts in Index futures also shorts were added almost in 1:1.8 ratio. … Read more How to trade Nifty in RBI event
To make money every trade. At first, I did not have the ability to make money every trade. After I had the ability to make money on most trades I realized it was a horrible objective. If you want to make money on every trade you are always waiting. You can never take that much risk … Read more How to Plan Trading Objectives
Arvind Any close above 300 stock is heading towards 322. Buy above 300 Tgt 301.5,305 and 312 SL 297 Sell below 294.5 Tgt 291,285 and 280 SL 297 HDFC Any close above 1042 stock is heading towards 1076. Buy above 1040 Tgt 1045,1055 and 1066 SL 1037 Sell below 1034 Tgt 1028,1023 and 1015 SL … Read more Arvind,Adani and HDFC positional trading
Last week we gave Nifty Chopad level of 16200 and Bank Nifty did 3 target on downside. Lets analyze how to trade in as RBI policy is coming on 30 September Bank Nifty Hourly Bank Nifty hourly charts broke the support zone of 15450 saw a decline till 15200 odd levels and closed above this … Read more Bank Nifty Weekly Outlook for 29 Sep – 01 Oct
Last week we gave Nifty Chopad level of 8100 and Nifty did 3 target on downside rewarding trend followers by 179 points, Coming week has only 3 trading days so trading will be limited, S&P upgrade was a big positive for India and Our PM meeting Obama will be keenly watched by market so market … Read more Nifty Weekly Outlook for 29 Sep – 01 Oct
“Soros is the best loss taker I’ve ever seen. He doesn’t care whether he wins or loses on a trade. If a trade doesn’t work, he’s confident enough about his ability to win on other trades that he can easily walk away from the position. There are a lot of shoes on the shelf; wear … Read more Trading Psychology – Emotions and Day Trading
Market has been Topsy turfy in past 4 trading session and we have a long trading weekend coming ahead which should be used by traders in productive manner to improve trading, Let me discuss a real life incident of my student how he was afraid of trading and how after going through the training he … Read more The Human Psychology behind Day Trading