Pattern, Price and Time: Using Gann Theory in Technical Analysis
Legendary speculator Jesse Livermore is surely one of the most fascinating characters in all of financial-market history. About a century ago Jesse Livermore blossomed into one of the most celebrated speculators of all time. He was trading heavily in the early decades of the 1900s, a wondrous era to speculate in stocks. His renowned exploits … Read more Wisdom of Jesse Livermore
Submitted by Lance Roberts of STA Wealth Management, Think about this for a moment. The stock market is comprised of thousands of companies doing business in the economy. Therefore, it only makes sense that the value of the stock market should be a reflection of the economy. As the economy ebbs and flows, so should … Read more Why The Stock Market Is Detached From The Economy
Petronet Positional traders should look for 212 as trend changer level,closing above it stock can head to 220, unable to do so 200 is back on cards. Buy above 210 Tgt 212,215 and 220 SL 208 Sell below 206.5 Tgt 204,202 and 199 SL 208 Union Bank Positional traders should look for 233 as … Read more Petronet,Adani and Union Bank Elliot wave analysis
FII’s sold 5.2 K contract of Index Future worth 106 cores, 99.7 K Long contract were added by FII’s and 94.4 K short contracts were added by FII’s. Net Open Interest increased by 1.94 K contract ,so FII’s rollovered heavily today. Nifty continued with its upward journey with gaps and crossed its 50 SMA and closed above … Read more FII FnO Data Analysis for 23 Dec
The lack of a proper trading plan which includes precise rules for entering and exiting a trade will most certainly guarantee failure over the long term. Beginners usually suffer from the same common ailments. They abandon trading plans purely on impulse because things are not going exactly as how they had envisioned. Repeatedly they use … Read more Accept Losses in Trading
Ranbaxy Positional traders should look for close above 623 for short term target of 631/644/665. Intraday Traders should trade of below mentioned levels Buy above 621 Tgt 625,630 and 637 SL 617 Sell below 616 Tgt 613.3,609 and 601 SL 620 Voltas Positional traders should look for close above 254 for short term target of … Read more SAIL,Voltas Ichimoku Clouds analysis
Last week we gave Nifty Chopad level of 18296 .Bank Nifty did 3 target on downside rewarding chopad followers by 600 points. Lets analyze how to trade Bank Nifty in expiry week Bank Nifty Hourly Bank Nifty hourly chart will breakout above 18600 for target of 18900. Bank Nifty Hourly EW Daily Hourly Elliot wave … Read more Bank Nifty Weekly Analysis for Dec Expiry
Last week we gave Nifty Chopad level of 8205 Nifty did 3 target on downside and got stop out on upside ,Nifty after making short term bottom @ 7961 is back above 8200 We have Jharkhad and J&K election results coming on 23 Dec and Expiry on 24 Dec .Lets see how to trade next … Read more Nifty Weekly Analysis for Dec Expiry
How Bulls markets are made? “Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria” – Sir John Templeton India has first major Bull market when Sensex moved from 400 in 1989 to 4546 in April 1992 a Rally of almost 1100% in matter of 3 years which will … Read more How much Nifty can rise in current bull market
FII’s sold 4.3 K contract of Index Future worth 80 cores, 17.6 K Long contract were added by FII’s and 21.9 K short contracts were added by FII’s. Net Open Interest increased by 39.5 K contract ,so FII’s added long in Index Futures and continue adding shorts in index future. Nifty continued with its upward journey with … Read more Bulls Bears fights for 50 SMA,FII FnO Data Analysis