Nifty Weekly Forecast for 01-05 Feb

Last Week we gave Chopad Levels  of 7457 , Nifty gave short entry on Monday which got stopped out on Friday and did not achive the target of 7380, Nifty was unable to close above the Chopad level of 7457 till Friday,Once it closed above it on Hourly basis on Friday we had the big … Read more Nifty Weekly Forecast for 01-05 Feb

How to use Stochastics Indicator in Trading

Technical analysis is a science of forecasting the price of stock/index/commodities based on price and volumes data. Technical analysis is practiced in two main categories Charts Patterns Technical Indicators Chart Patterns — A chart pattern is a pattern that is formed within a chart when prices are graphed. In stock and commodity markets trading, chart … Read more How to use Stochastics Indicator in Trading

Nifty rallies once 7462 is broken,EOD Analysis

FII’s bought 23.9 K contract of Index Future worth 1327 cores ,20.4  K Long contract were added by FII’s and 3.4  K short contracts were liquidated by FII’s. Net Open Interest increased  by 17 K contract, so rise in market was used by FII’s to enter  long and  exit shorts in  Index futures. Every Success Story … Read more Nifty rallies once 7462 is broken,EOD Analysis

Bank Nifty bounces from Gann Arc,EOD Analysis

 As discussed in last analysis   We should big move tomorrow, Support below  15400 comes at 15237 and resistance at 15713. Bank Nifty opened with gap down near gann arc as shown below and as soon as moved above 15237 bulls took control and rallied bank nifty till 15550. Now for coming 2 days Bank Nifty … Read more Bank Nifty bounces from Gann Arc,EOD Analysis

Every Success Story Is Also A Story Of Great Failure

Failure is the highway to success. Tom Watson Sr. said, “If you want to succeed, double your failure rate.” If you study history, you will find that all stories of success are also stories of great failures. But people don’t see the failures. They only see one side of the picture and they say that … Read more Every Success Story Is Also A Story Of Great Failure

LT,TVS Motor and Adani Ports Harmonic Pattern Analysis

LT     Positional/Swing Traders can use the below mentioned levels Close below 1072  Tgt 1021/987 Intraday Traders can use the below mentioned levels Buy above 1085 Tgt 1095,1116 and 1130 SL 1076 Sell below 1072 Tgt 1062 ,1050 and 1025 SL 1083   TVS Motor Positional/Swing Traders can use the below mentioned levels Close … Read more LT,TVS Motor and Adani Ports Harmonic Pattern Analysis

Using Your Intuition in trading

Using Your Intuition Skillful traders know how to use their intuition to make quick, conclusive decisions. There are times when going with your “gut” instinct can be shrewdly accurate. There are also times, though, where your intuition can be dead wrong, and nothing more than wishful thinking. A seasoned, profitable trader knows the difference, and … Read more Using Your Intuition in trading