Discretionary Traders Trade information flow. Are trying to anticipate what the market will do. Are subjective; they read their own opinions and past experiences into the current market action. Trade what they want and have rules to govern their trading. Are usually very emotional in their trading and taking their losses personally because their opinion… Read More »
LT 1631 is trend changer level, closing above it short term target 1652/1686/1741. Intraday Traders can use the below mentioned levels Buy above 1633 Tgt 1647,1664 and 1679 SL 1623 Sell below 1613 Tgt 1600,1582 and 1560 SL 1623 Sun Pharma Any close above 953 short term target 966/987/1008. Intraday Traders can use the… Read More »
FII’s sold 13.8 K contract of Index Future worth 280 cores,3.2 K Long contract were squared off by FII’s and 10.6 K short contracts were added by FII’s. Net Open Interest increased by 7.4 K contract.Losing in Trading? Stick to a Trading Plan & Study Your Mistakes Nifty after 700 point decline, highest in the current bull… Read More »
THE KEY TO SUCCESS The biggest secret to trading is that you need to ruthlessly exploit a few simple trading strategies to become profitable rather than understand a lot of different trading setups. I plan on sharing both with you, but making money is your responsibility. It’s important to keep the goal of making money… Read More »
Century Textile Positional traders should look for close above 754 for short term target of 800/843. Intraday Traders can use the below mentioned levels Buy above 740 Tgt 746,754 and 783 SL 730 Sell below 723 Tgt 715,708 and 686 SL 730 Adani Power Any close above 43.5 stock is heading to 47/50. Intraday… Read More »
Last week we gave the Chopad level of 18036 Bank Nifty achieved 2 target on downside and 2 target on upside rewarding discipline chopad followers on both upside and downside.Lets analyze how to trade next week. Bank Nifty Hourly Bank Nifty on hourly charts as discussed last week 17800 if held can see 300-400 point… Read More »
Last week we gave Chopad Levels of 8286 , Nifty did 2 target on downside and rewarded Chopad followers. Lets analyze how to trade market in coming expiry week. Nifty Hourly Chart Nifty Hourly charts has broken on downside and below its 21/34 EMA, till 8309 is not broken trend remains on downside. We are… Read More »
Nifty formed hammer pattern on last day of expiry, April expiry has been very volatile with move of 698 points (8844-8146) and close was almost near the lowest of the series. We closed the April month at lows also closing below 200 DMA for 2 day in a row. I have shown Supply and Demand… Read More »
In pursuance of SEBI guidelines for periodic revision of lot sizes for derivatives contracts specified in the SEBI circular CIR/MRD/DP/17/2014 dated May 20, 2014,the market lots of derivatives contracts shall be revised as follows: Following Stocks Lot Size have been Reduced Following Stocks Lot Size have been Increased
Many traders whom i have interacted during my Trading Sessions have one question in general “How much money do I really need to begin trading for a living?” I would then reveal the long-awaited answer Determining the amount of money you need to start down the path of trading for a living is a… Read More »