Few Words Which Trader should avoid completely

With my Experience as Trader and also as I ahve discussed many time TRADING IS DONE VIA SUB CONSCIOUS MIND , My GURU emphasized on me NOT to use the below Words when am doing my technical studies or trading as they become road blocks for becoming a Successful Profitable trader. “The market should have” … Read more Few Words Which Trader should avoid completely

HOW TO TRADE USING CHANNELS

HOW TO TRADE USING CHANNELS Channels are another important technical analysis tool used by traders to determine profitable trade set ups on both short and long sides. Channels give precise entry,exit,stop loss and profit booking levels.   What is a Channel A channel is the combination of an existing trendline and a new, parallel trendline … Read more HOW TO TRADE USING CHANNELS

Trading Discipline Not As Easy As You Thought

Trading discipline means controlling impulses and controlling emotions. When You are Trading based on emotions, loses are  the Only result. But Why maintaining Trading discipline is often easier said than done. Usually the first problem arises when the markets are between market trends. Possibly you had a nice profit during a rally, but now the … Read more Trading Discipline Not As Easy As You Thought

Nifty close above 7860,ready for Big move

FII’s bought 9.4 K contract of Index Future worth 556 cores ,2.3 K Long contract were added by FII’s and 7 K  short contracts were liquidated by FII’s. Net Open Interest decreased  by 4.7 K contract, so today’s rise in market was used by FII’s to enter long and  exit shorts in  Index futures.Trading Success Mantra:How … Read more Nifty close above 7860,ready for Big move

Bank Nifty close above 16880,ready for Big move

Bank Nifty broke 16880 level in intraday but was to close above it, Close above 16880 is important for move till 17031/17396 levels, We need to see if we get follow up move tomorrow as Bank nifty closed above 16880 .Trading Success Mantra:How We Handle Trading Fears Bank Nifty December Future Open Interest Volume is … Read more Bank Nifty close above 16880,ready for Big move

Trading Success Mantra:How We Handle Trading Fears

Most of  traders in every kind of market, feel fear at some level. But the key to successful “profitable”  trading, is in how we prepare ourselves to handle trading fears. How we prepare to deal with the risks inherent in trading. Mark Douglas, an expert in trading psychology, says this about trading fears in his … Read more Trading Success Mantra:How We Handle Trading Fears

Asian Paint,Power Grid and VEDL Intraday Trading Analysis

Asian Paints Intraday Traders can use the below mentioned levels Buy above 882 Tgt 888,893 and 900 SL 878 Sell below 873 Tgt 867,861 and 852 SL 878 Power Grid Intraday Traders can use the below mentioned levels Buy above 139.2 Tgt 140,141.5  and 143  SL 138.4 Sell below 137.3 Tgt 136.3,135 and 133 SL … Read more Asian Paint,Power Grid and VEDL Intraday Trading Analysis