Last week we gave Chopad Levels of 8416 Nifty triggered SL on upside and than rewarded discipline traders with 202 points. Lets analyze how to trade Nifty in coming week. Nifty Hourly Chart Nifty Hourly charts moved between both support and resistance line in previous week and is trading above its 21/34 HEMA.8231/8242 is the… Read More »
Bull Ratio Spread: The Bull Ratio Spread could be called as a variation of the Bull Call Spread. Here we expect the stock to move sideways to slightly higher. The Position is created by purchasing a call (preferably At-the-money or slightly Out-of-the-money) and selling more than one calls at a higher strike price in a… Read More »
FII’s sold 6.1 K contract of Index Future worth 62 cores, 17.3 K Long contract were squared off by FII’s and 11.1 K short contracts were added by FII’s. Net Open Interest decreased by 28.4 K contract ,so FII’s squared off both long shorts in Index futures. This is what we discussed yesterday Now expect another gap… Read More »
They could not handle the losses. Some could not handle losing money at all, others chose to not manage risk and the big losses ruined them financially and they had to stop trading. Or the big losses ruined them mentally or emotionally for trading and they could not get back in the game after the… Read More »
FRUSTRATION: “Your success as a trader at times hinges on your ability to conquer frustration. Frustration will always appear on the path toward greatness. Some will triumph over it, while others succumb to its pettiness. When you encounter obstacles on your trail toward achievement, remind yourself that they were placed there in order for you… Read More »
For those hoping that the recent brief dip in Brent crude below $50 – most notably Venezuela’s intrepid socialist leader Nicolas Maduro whose numbered days get shorter with every day Brent closes red, and countless bondholders of junk- debt capitalized shale companies – would mean that Saudi Arabia’s vendetta against OPEC would finally be put… Read More »
I Bulls Housing 521 should be watched closing above it stock can move to 555. Intraday traders use below mentioned levels Buy above 506 Tgt 511,517 and 523 SL 500 Sell below 498 Tgt 493,487 and 480 SL 502 Just Dial 1453 is trend changer level for Just Dial,closing above it stock is heading to… Read More »
FII’s sold 6.7 K contract of Index Future worth 176 cores, 2.1 K Long contract were squared off by FII’s and 4.5 K short contracts were added by FII’s. Net Open Interest increased by 2.4 K contract ,so FII’s squared off long and added shorts in Index futures. This is what we discussed yesterday Nifty hourly chart… Read More »
Yes Bank Holding 754 stock is heading back to 800/843. Intraday traders use below mentioned levels Buy above 763 Tgt 770,784 and 792 SL 757 Sell below 754 Tgt 749,741 and 732 SL 757 TVS Motors Intraday traders use below mentioned levels Buy above 280 Tgt 282.5,286 and 292 SL 278 Sell below 275… Read More »
FII’s sold 11.9 K contract of Index Future worth 216 cores, 23.4 K Long contract were squared off by FII’s and 11.5 K short contracts were squared off by FII’s. Net Open Interest decreased by 35 K contract ,so FII’s squared off both long and shorts in Index futures. Nifty hourly chart touched the support line and… Read More »