Nifty near gann box support, Be ready for big move

FII’s bought 4.9 K contract of Index Future worth 196 cores, 9.2 K Long contract were squared off and 4.3 K short contracts  were squared off by FII’s. Net Open Interest decreased  by 13.6 K contract , so FII squared off both long and short in index futures. Nifty is trading in gann box angles in … Read more Nifty near gann box support, Be ready for big move

Excuses Bears give In Bull Markets

Instead of profiting from one of the greatest bull markets of all time perma-bears waste this opportunity with these excuses:  “It just can’t go any higher.”  “It is due for a pullback.”    “All time highs? That’s bearish.”     “I am loaded with puts.”     “I will wait for a pullback to cover my short … Read more Excuses Bears give In Bull Markets

What’s common between best sportsman and Successful Traders

If you ever met a successful trader one thing you would have noticed most of them in some part of there life were related to sports. What’s the connection between being an  sportsman and stock market trader? I believe it has everything to do with the qualities and the mindset that these individuals have. I … Read more What’s common between best sportsman and Successful Traders

Bank Nifty Weekly Outlook for 07 Oct -10 Oct

Last week we gave  Nifty Chopad level of 15696 and Bank Nifty did 3 target on downside rewarding chopad followers by 300 points. We have IIP Data coming with coal scam putting pressure on banks  Lets analyze how to trade bank nifty in coming week. Bank Nifty Hourly Bank Nifty hourly charts broke the support … Read more Bank Nifty Weekly Outlook for 07 Oct -10 Oct

Nifty Weekly Outlook for 07 Oct -10 Oct

Last week we gave  Nifty Chopad level of 7990 and Nifty did a low of 7923 on downside almost achieving the 1 target is Holiday shortened week.Next week traders need to Watch For Fed Minutes which will come Wednesday night  ,Brazil Election and Bank of England decision will impact the market. Lets see how to … Read more Nifty Weekly Outlook for 07 Oct -10 Oct

W. D. Gann the legendary Financial Prophet

To most of the technical analysts and financial traders, the name, William Delbert Gann, is well-known. Gann was one of the greatest traders in the early twenty centuries, who has extremely arcane trading analysis techniques and methods that based on ancient mathematics and geometry. Yet, as it was never unveiled explicitly, the theory of Gann … Read more W. D. Gann the legendary Financial Prophet