Pattern, Price and Time: Using Gann Theory in Technical Analysis
Ashok Leyland Positional/Swing Traders can use the below mentioned levels Unable to close above 93.6 Tgt 89 Intraday Traders can use the below mentioned levels Buy above 93.6 Tgt 93.9,94.5 and 97 SL 93.1 Sell below 92.5 Tgt 92,91.6 and 91 SL 93 Tata Steel Intraday Traders can use the below mentioned levels … Read more
FII’s bought 520 contract of Index Future worth 33 cores ,6.4 K Long contract were added by FII’s and 5.8 K short contracts were added by FII’s. Net Open Interest increased by 12.3 K contract, so fall in market was used by FII’s to enter long and enter shorts in Index futures.How Important is Trading Psychology? … Read more
Bank Nifty did the Shark pattern target 16523 , and should now head for the next target of 16254 once sustained below 16450 for 1 hour,which is also strong demand zone of 16287. Price action near 16254-16280 is important to know the next move.Bullish only on close above 16771.How Important is Trading Psychology? Bank … Read more
Trading successfully is not an easy game. Many people may think it is a difficult venture due to the fact that it is a complicated process and the markets move much too fast. There may be a little bit of truth to that, but in reality the downfall of most traders lies in the fact … Read more
Sun Pharma Positional/Swing Traders can use the below mentioned levels Close below 798 Tgt 786/762 Intraday Traders can use the below mentioned levels Buy above 806 Tgt 812,821 and 831 SL 799 Sell below 795 Tgt 789,780 and 765 SL 799 Tata Motors Positional/Swing Traders can use the below mentioned levels Close below 373 … Read more
FII’s sold 654 contract of Index Future worth 39 cores ,7.1 K Long contract were added by FII’s and 7.8 K short contracts were added by FII’s. Net Open Interest increased by 15 K contract, so fall in market was used by FII’s to enter long and enter shorts in Index futures.Top 3 Things Successful Traders … Read more
Bank Nifty opened gap down and reacted sharply from the SHARK patter PRZ zone as discussed in Weekly Analysis, updated chart is shown below. 16523 is the target of the pattern low made today was 16575, today low is also important demand zone if closed below it can see Bank nifty correcting towards 16286/16072 odd … Read more
If you want to be a winner trading in the long run there are THREE elements of trading that you must have in place. If you do these three things you can not lose in the long term, if you are missing one you will likely not last very long as an active trader. These … Read more
Century Textile Positional/Swing Traders can use the below mentioned levels Unable to close above 623 Tgt 610/597/589/576 Intraday Traders can use the below mentioned levels Buy above 619 Tgt 623,631 and 644 SL 615 Sell below 609 Tgt 603,597 and 588 SL 614 SKS Micro Positional/Swing Traders can use the below mentioned levels Unable … Read more
Wishing all the readers of the Blog a very very happy and profitable new year 2016. Traders should work on New Year resolutions and use the below 2 post for planning a successful and profitable 2016. Traders’ Resolutions for New Year-2016 New Year Resolutions for Trading Success Lets analyze how to trade market in New … Read more