FII’s sold 1.4 K contract of Index Future worth 178 cores ,0.9 K Long contract were liquidated by FII’s and 0.05 K short contracts were liquidated by FII’s. Net Open Interest increased by 0.03 K contract, so rise in market was used by FII’s to exit long and exit shorts in Index futures. Why Traders are… Read More »
Bank Nifty continue to trade near the gann angle and in range of 18200-18700, this range should get broken once the RBI Credit Policy will be declared on 07 Dec. Traders should watch for break of 18700 on upside for a target of 19000/19300. Bears will get active below 18150 for a move towards 17800/17750.… Read More »
Axis Bank Positional Traders can use the below mentioned levels Close above 466 Target 480/500 Intraday Traders can use the below mentioned levels Buy above 462 Tgt 465, 469 and 474 SL 459 Sell below 455 Tgt 452,448 and 444 SL 457 Tata Motors Positional Traders can use the below mentioned levels Close below… Read More »
Last Week we gave Chopad Level 18440 Bank Nifty gave Short entry on Monday and did 1 target on Downside by Monday and gave long entry on Wednesday thus rewarding discipline chopad followers handsomely on both long and short side. Lets analyze how to trade bank nifty in coming week as RBI policy will be… Read More »
Last Week we gave Chopad Levels of 8071, Nifty gave Long entry on Monday and did the 2 target on upside so disciplined Chopad Followers were rewarded again by Market. Lets analyze how to trade nifty in coming week as RBI policy will be held on 07 Dec Nifty Hourly Chart As discussed in last… Read More »
Technical analysis includes a broad array of technical indicators and ways to analyze price history, but one of the best kept secrets of technical analysis is a rather simple, but extremely powerful price action signal called the pin bar. The pin bar was first coined by Martin Pring, a famous technician in his own right. … Read More »
The New Market Wizards 1. I don’t think you can consistently be a winning trader if you’re banking on being right more than 50 percent of the time. You have to figure out how to make money being right only 20 to 30 percent of the time. 2. I basically learned that you must get… Read More »
As we approach the end of 2016 as a trader its prudent to reflect on the mistakes you have done and make sure those mistkes are not repeated again in coming new year. Regrets are fine to have as long as you act on them. Here is a list of common regrets that traders… Read More »
Source ” The best way of evading the fire of hell lies in feeding the hungry , providing water to the thirsty , removing the wants of the needy and befriending the miserable .”- Sufi. In 1987, a 74-year old rickshaw puller by the name of Bai Fangli came back to his hometown planning to… Read More »
Adani E Intraday Traders can use the below mentioned levels Buy above 67.5 Tgt 68.5, 69.2 and 70 SL 67 Sell below 66.6 Tgt 66.2,65.3 and 64 SL 67.1 BEL Positional Traders can use the below mentioned levels Close below 1420 Target 1364 Intraday Traders can use the below mentioned levels Buy above 1439… Read More »