Pattern, Price and Time: Using Gann Theory in Technical Analysis
As discussed in Last analysis Bank Nifty opened gap down made high of 19725 and bears became active below 19700 and did target of 19500 and close below 19500 suggesting we can move towards 19300/19000. Low made today 19252 so 19300 also done,today low is near gann angle suggesting we can see upmove till 19700 … Read more
In Continuation with Previous Article Lack of Patience Trading is game of waiting, its Like Lion going for His KILL. If Trader has Lack of Patience big profit will not come and if Big profits do not come long term sustainability is not possible. Its a well known thing markets trend only 20% of the … Read more
Century Textile Intraday Traders can use the below mentioned levels Buy above 909 Tgt 916, 927 and 935 SL 905 Sell below 897 Tgt 890,882 and 873 SL 904 STAR Intraday Traders can use the below mentioned levels Buy above 963 Tgt 969, 975 and 988 SL 959 Sell below 955 Tgt 950,944 and … Read more
FII’s sold 4.7 K contract of Index Future worth 232 cores ,3.8 K Long contract were added by FII’s and 8.6 K short contracts were added by FII’s. Net Open Interest increased by 12.5 K contract, so fall in market was used by FII’s to enter long and enter shorts in Index futures. Why Do Traders … Read more
As discussed in Last analysis Till 19700 is held we can see move towards 20000/20400. Bearish only on close below 197000 for target of 19500/19200. Bank Nifty opened gap down made high of 19725 and bears became active below 19700 and did target of 19500 and close below 19500 suggesting we can move towards 19300/19000. We … Read more
Canara Bank Intraday Traders can use the below mentioned levels Buy above 327 Tgt 331, 336 and 340 SL 324 Sell below 323 Tgt 321,316 and 310 SL 326 HUL Intraday Traders can use the below mentioned levels Buy above 838 Tgt 844, 851 and 857 SL 834 Sell below 828 Tgt 824,816 and … Read more
FII’s sold 11.6 K contract of Index Future worth 763 cores ,3.6 K Long contract were added by FII’s and 8 K short contracts were added by FII’s. Net Open Interest increased by 4.4 K contract, so fall in market was used by FII’s to exit long and enter shorts in Index futures. Why Do Traders … Read more
As discussed in Last analysis Close above 19511 will see next move towards 19700. Traders should watch 19700 very closely for coming week as major trend change will happen above 19700 and we can see move towards 20000/20400 on upside and unable to close above 19700 can see fast fall towards 19000 again. Low made … Read more
Why Do Traders Lose? This study showed that less than 2% of traders were profitable net of all fees. In fact: 40% of day traders quit within a month 87% of traders quit within 3 years 93% of traders quit within 5 years All sorts of reasons are given for it, such as money management,black … Read more
Arvind Intraday Traders can use the below mentioned levels Buy above 364 Tgt 368, 372 and 376 SL 361 Sell below 358 Tgt 354,351 and 346 SL 361 ZEE Intraday Traders can use the below mentioned levels Buy above 516 Tgt 521, 525 and 530 SL 513 Sell below 510 Tgt 506.5,501 and 492 … Read more