Nifty December Series Outlook

Nifty continued with small range play stuck between 2 EMA’s   as shown in 2 chart suggesting big trending move is round the corner, Now 7885 should be watched going above it can see move towards 7937/7995 . On Downside break of 7825 again will revisit 7765/7714.Bank Nifty December Series Outlook   Nifty December Future Open … Read more

Bank Nifty December Series Outlook

Bank Nifty continued with its consolidation trading below gann trendline and signal line suggesting a big move is round the corner as prices are contracting in the triangle. Support remains at 16900 and below that 16830. Resistance at 17170 and than 17280/17466.  How Professional Traders Learn From Their Trading Mistakes Bank Nifty December Future Open … Read more

Thought Process of Losing trader

1. Losing traders think that because they reviewed price performance history, and saw patterns or results, trading in real time would be simple . They don’t understand that real time trading involves risk management, discipline, and a developed trading plan and probably never will. 2. Losing traders believe that what they learned in textbooks will … Read more

Bank Nifty November Expiry Analysis

Bank Nifty continued with its consolidation trading below gann trendline and signal line suggesting a big move is round the corner as prices are contracting in the triangle. Support remains at 16862 and below that 16587. Resistance at 17170 and than 17280.  Are you Trading on Skills or Luck   Bank Nifty November Future Open … Read more

What Will happen once US Fed Hikes Rates ?

Seven years after the Fed unleashed ZIRP and QE to “fix the economy”, it has finally admitted that ZIRP and QE failed to do that (although they certainly succeeded in blowing the biggest asset bubble ever), and for the past 6 months the Fed has engaged in what may be the most ridiculous case of … Read more