Paryushan Maha Parva 2016

Paryushan parva is a time of reflection on our past year actions.  It is observed during every Chaturmas commencing on the twelth day of the shukla paksha of “Bhadrapad” month and ending on the fourth day of Krishna paksha of Bhadrapad.  It is marked by strict observance of the ten cardinal virtues:  Forgiveness, Charity, Simplicity, … Read more Paryushan Maha Parva 2016

How to trade ABCD Harmonic Pattern

The AB=CD or ‘lightning bolt pattern‘ Harmonic Pattern AB=CD is a reversal pattern that helps you identify when the price is about to change direction AB=CD pattern is a four point harmonic pattern which may be considered the developmental basis for other harmonic patterns. A-B leg when a market is trending upwards, the first leg … Read more How to trade ABCD Harmonic Pattern

Nifty heading towards supply zone of 8860-8922,EOD Analysis

FII’s sold 6.3 K contract of Index Future worth 399 cores ,4.6 K Long contract were liquidated by FII’s and 1.6  K short contracts were added by FII’s. Net Open Interest decreased  by 3  K contract, so rise in market was used by FII’s to exit long and enter  shorts  in  Index futures. Do Not Limit … Read more Nifty heading towards supply zone of 8860-8922,EOD Analysis

A Billionaire Trader’s Surprising Secret to Success

Source Paul Tudor Jones II:     “The most important rule of trading is to play great defense, not great offense. Every day I assume every position I have is wrong. I know where my stop risk points are going to be. … If they are going against me, then I have a game plan … Read more A Billionaire Trader’s Surprising Secret to Success

Bank Nifty heading towards 20500, EOD Analysis

As discussed in Last analysis  Close above 19700 on Weekly basis can see bank nifty moving towards all time high.  Now Bulls need to hold 19700 on Weekly basis as seen in below chart of gann angles, we have closed above the important gann line, Now holding the range of 19700-19550 bank nifty can move … Read more Bank Nifty heading towards 20500, EOD Analysis

Jubilant Food Bharti Airtel Jain Irrigation Supply Demand Analysis

Jubilant Food Positional Traders can use the below mentioned levels Close above 1162 Tgt 1200 Intraday Traders can use the below mentioned levels Buy above 1162 Tgt 1172,1188 and 1200 SL 1155 Sell below 1140 Tgt 1130,1115 and 1100 SL 1147   Jain Irrigation Positional Traders can use the below mentioned levels Close above 89 … Read more Jubilant Food Bharti Airtel Jain Irrigation Supply Demand Analysis