Nifty does 6 Month of Higher Close on Monthly ,EOD Analysis

FII’s bought 43.8 K contract of Index Future worth 2885 cores ,35.8 K Long contract were added by FII’s and 7.9 K short contracts were liquidated by FII’s. Net Open Interest increased  by 27.8  K contract, so rise in market was used by FII’s to enter long and exit shorts  in  Index futures. Not able to … Read more Nifty does 6 Month of Higher Close on Monthly ,EOD Analysis

Bank Nifty rallies 600 points above 19158,EOD Analysis

As discussed in Last analysis  Bulls need close above 19367  for target of 19650/19766, Bears below 19000 for target of 18800/18500. Till 19158 is not broken its buy on dips market.Sustaining above today’s high of 19250 bank nifty can make other move towards 19367 and close above it momentum will again come in bulls favor. … Read more Bank Nifty rallies 600 points above 19158,EOD Analysis

Not able to pull the trigger in Trading

Lets discuss the last 3 days price action in Nifty. Nifty closed below 8577 on Friday, You went short hoping to make a 100 points. Monday market continue to trade below 8577 but suddenly reversal come and it start trading above 8577. You have decided if it close above 8577 for 1 hour i will … Read more Not able to pull the trigger in Trading

NHC Food Technical Outlook

NHC Food NHC Food is BSE listed stock, saw a big surge in volumes yesterday,Surge of almost 50 times its normal volume. Did a quick study found 2 interesting pattern NHC Food has completed its  Bullish CYPHER pattern, Target of pattern comes in range of 28–30 NHC Food is can also form ABC pattern, pattern … Read more NHC Food Technical Outlook

Stocks for short term trading:Tata Elxsi Exide and Wockpharma

TATA ELXSI Positional Traders can use the below mentioned levels Close above 1597  Tgt 1631/1652 Intraday Traders can use the below mentioned levels Buy above 1597 Tgt 1613,1630 and 1652  SL 1588 Sell below 1570 Tgt 1555,1538 and 1515  SL 1585   WockPharma Positional Traders can use the below mentioned levels Close above 843 Tgt … Read more Stocks for short term trading:Tata Elxsi Exide and Wockpharma

Nifty break out of range of 247 points, EOD Analysis

FII’s bought 31.7 K contract of Index Future worth 2066 cores ,35.2 K Long contract were added by FII’s and 3.5 K short contracts were added by FII’s. Net Open Interest increased  by 38.8  K contract, so rise in market was used by FII’s to enter long and enter shorts  in  Index futures. How to recover … Read more Nifty break out of range of 247 points, EOD Analysis

Bank Nifty fires above 19360,EOD Analysis

As discussed in Last analysis  Bulls need close above 19367  for target of 19650/19766, Bears below 19000 for target of 18800/18500. Till 19158 is not broken its buy on dips market.Sustaining above today’s high of 19250 bank nifty can make other move towards 19367 and close above it momentum will again come in bulls favor. … Read more Bank Nifty fires above 19360,EOD Analysis

How to recover from Losing Streak

Losing Streak/Trading Slump are inevitable in trading.A losing streak can be a sustained draw down in capital, where loses occur day after day, or a losing streak can even be a period of low returns where you are just doing breakeven. As market are dynamic in nature and a change in trend of market which … Read more How to recover from Losing Streak

Adani LT IBR Harmonic Pattern Analysis

Adani E Positional Traders can use the below mentioned levels Close above 74.8 Tgt 77/79 Intraday Traders can use the below mentioned levels Buy above 73.4 Tgt 74.5,75.3 and 76 SL 72.7 Sell below 72.4 Tgt 71.7,71  and 70  SL 72.8 LT Positional Traders can use the below mentioned levels Close above 1468 Tgt 1490/1521 … Read more Adani LT IBR Harmonic Pattern Analysis

Will Nifty rise towards 8700 again to complete shark pattern,EOD Analysis

FII’s bought 0.8 K contract of Index Future worth 40 cores ,2.8 K Long contract were added by FII’s and 2 K short contracts were added by FII’s. Net Open Interest increased  by 4.8  K contract, so rise in market was used by FII’s to enter long and enter shorts  in  Index futures. How to create … Read more Will Nifty rise towards 8700 again to complete shark pattern,EOD Analysis