Bank Nifty forms doji near supply zone, EOD Analysis

 As discussed in last analysis  16200-16229 is important supply zone for bank nifty, closing above it  we can see move towards 16800 on/before RBI policy. Support will increase to 15700-15750 range. Bank Nifty unable to close above the supply zone, and also took resistance at the gann horizontal as shown below. Bank Nifty has rallied … Read more Bank Nifty forms doji near supply zone, EOD Analysis

Trader’s Resolutions for the New Financial Year 2016-17

With the advent of New Financial Year 2016-17 from 1 April 2017  we all should make resolution for improving our trading results for coming Financial year. Trader should DARE the Mr Market for 2016-17. Let me explain it in more details: Discipline Analyze Risk Education Discipline Every time we begin our trading sessions, we need … Read more Trader’s Resolutions for the New Financial Year 2016-17

Nifty approaching final target of Butterfly pattern,EOD Analysis

FII’s bought 7.8 K contract of Index Future worth 394 cores ,27.6 K Long contract were added by FII’s and 19.7 K short contracts were added by FII’s. Net Open Interest increased  by 47.4 K contract, so rise in Nifty market was used by FII’s to enter  long and  enter shorts in  Index futures.Which type of … Read more Nifty approaching final target of Butterfly pattern,EOD Analysis

Which type of a trader are you?

Greedy Traders: They trade too big and risk too much because their only goal is the easy money. They usually end up blowing up their account. New Traders: They have no idea how the markets work so their only goal should be knowledge. New Traders do well to stay students until they have done their homework. Rushing … Read more Which type of a trader are you?

KSCL ICICI Bank and Auro Pharma Supply Demand Analysis

KSCL Intraday Traders can use the below mentioned levels Buy above 380 Tgt 383,388 and 394 SL 377 Sell below 376 Tgt 373,368 and 363 SL 379 Auro Pharma Intraday Traders can use the below mentioned levels Buy above 738 Tgt 744,752 and 762 SL 730 Sell below 728 Tgt 720,714 and 700 SL 735 … Read more KSCL ICICI Bank and Auro Pharma Supply Demand Analysis

Nifty does Shark Pattern Target,EOD Analysis

FII’s bought 3.9 K contract of Index Future worth 207 cores ,30.3 K Long contract were added by FII’s and 26.3 K short contracts were added by FII’s. Net Open Interest increased  by 56.6 K contract, so fall in Nifty market was used by FII’s to enter  long and  enter shorts in  Index futures.Traders Success Model … Read more Nifty does Shark Pattern Target,EOD Analysis