As discussed in last analysis High made today was 17023 bank nifty unable to scale above the supply zone level of 17067 and also the gann resistance line and bears got active below 16800 and saw the decline till 200 DMA, Break of 16700 can again see a quick fall till 16500, Bank Nifty made… Read More »
A young woman went to her mother and told her about her life and how things were so hard for her. She did not know how she was going to make it and wanted to give up. She was tired of fighting and struggling. It seemed as one problem was solved a new one arose.… Read More »
HDIL Positional/Swing Traders can use the below mentioned levels Close above 86.5 Tgt 89/91 Intraday Traders can use the below mentioned levels Buy above 86.5 Tgt 87.2,88.3 and 89.4 SL 85.8 Sell below 85.5 Tgt 84.5,83.7 and 82 SL 86.1 ACC Positional/Swing Traders can use the below mentioned levels Close above 1453 Tgt 1508/1542… Read More »
FII’s bought 1.7 K contract of Index Future worth 103 cores ,37.5 K Long contract were liquidated by FII’s and 55.6 K short contracts were liquidated by FII’s. Net Open Interest decreased by 93.1 K contract, so fall in market was used by FII’s to exit both long and shorts in Index futures. Patience Is A… Read More »
As discussed in last analysis Bulls need a close above 17100 which is supply zone and also gann resistance line as shown in below 2 chart, for next move till 17400, Strong support around 16800 zone, Bears will be active only on close below 16800 for a quick move till 16500 . High made today was… Read More »
We cannot control the market but we can control our trades and many aspects of our trading mindset. When you go through a trading loss do you ever find yourself blaming something outside yourself? Today Nifty had a decent fall and if you made loss today You can Blame Bank of Japan, “the system” –… Read More »
Biocon Intraday Traders can use the below mentioned levels Buy above 573 Tgt 579,588 and 597 SL 571 Sell below 570 Tgt 564,560 and 555 SL 572 Petronet Intraday Traders can use the below mentioned levels Buy above 265 Tgt 266.3,268.5 and 271 SL 263.5 Sell below 261 Tgt 259,257 and 255 SL 263… Read More »
FII’s bought 13.8 K contract of Index Future worth 843 cores ,26.6 K Long contract were added by FII’s and 12.8 K short contracts were added by FII’s. Net Open Interest increased by 39.4 K contract, so rise in market was used by FII’s to enter long and enter shorts in Index futures. Patience Is A… Read More »
Bank Nifty closed above 200 DMA for 2 day in a row, Bulls need a close above 17100 which is supply zone and also gann resistance line as shown in below 2 chart, for next move till 17400, Strong support around 16800 zone, Bears will be active only on close below 16800 for a quick… Read More »
The money’s made in the sitting and the waiting, not the trading… Jesse Livermore “The snake which cannot cast its skin has to die.”- Friedrich Nietzsche “There are a lot of shoes on the shelf; wear only the ones that fit. If you’re extremely confident, taking a loss doesn’t bother you.” – George Soros Do… Read More »