Pattern, Price and Time: Using Gann Theory in Technical Analysis
As Discussed in Last Analysis Nifty today’s high 10207 is very crucial as its at the gann angle from where nifty was not able to close above it in past 3-4 attempts. Bulls need a close above 10210 for upmove to continue towards 10250/10333/10420. Bearish below 10100 for a move back to 10000/9936. Low … Read more Nifty continue to hold 10100 on Monthly Close
As Discussed in Last Analysis High made today was 24496 but failed to close above 24476, Bulls need a close above 24476 for another upmove of 300-500 points. Till we are holding 24250 bulls have upper hand and can rally towards 24750/24920. Bearish below 24250 for a move back to 24100/23920. Low made was 24203 … Read more Bank Nifty continue to hold 24250 on Monthly Close
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Source by Paul B Farrell, JD, PhD Behavioral finance researchers have studied the performance of stock market traders in both America and Asia. Interestingly, they discovered that traders in both countries under-perform the world’s broad markets by significant amounts. One study analyzed 66,400 accounts at a major Wall Street firm over a seven-year period. Another … Read more Day-Traders Lose Big, Still Live in Denial
Shared by Rakesh Trading can be exhilarating. When you see a trading plan come to fruition, you cannot help but feel a little special. There are other times, however, when you feel frustrated and disappointed. You regret making a few bad decisions, and may question your ability to return to profitability or achieve lasting financial … Read more AFFIRM TO WIN AND TO DEVELOP FAITH
Just a reminder – The Most Important Part of the Trader Success Model – YOU While You are trading or planing to take a trade, It YOU from making a trade plan till trade execution irrespective of profit and loss.Many traders gives excuses like Market is bad so we lost money , Do remember market … Read more Traders Success Model
Yesterday I gave my analysis on Indian Cement , Buy call got stopped out and Sell achieved the target but few traders called me yesterday, “Bramesh Sir, I am still Holding Long in Indian Cement as per your analysis, I was bit taken back because we got stopped out in morning trade only and trade … Read more Can you trade without Emotions ?
Tata Steel Intraday Traders can use the below mentioned levels Buy above 593 Tgt 597,601 and 608 SL 589 Sell below 588 Tgt 584,579 and 573 SL 591 Hind Petro Intraday Traders can use the below mentioned levels Buy above 349 Tgt 352,355 and 360 SL 347 Sell below 345 Tgt 341,338 and … Read more Supply Demand Analysis: Tata Steel IDBI Hind Petro
FII’s bought 2.4 K contract of Index Future worth 355 cores ,5.7 K Long contract were added by FII’s and 3.2 K Short contracts were added by FII’s. Net Open Interest increased by 9 K contract, so rise in market was used by FII’s to enter long and enter short in Index futures. FII’s Long to … Read more Nifty Analysis for March Expiry
As Discussed in Last Analysis Bank Nifty again bounced from gann angle as shown in below chart, traders who went long above 24100 were also rewarded handsomely,This is beauty of price and time meeting we are able to capture big move. We also saw the effect of time cycle confluence as discussed in weekly analysis. … Read more Bank Nifty Analysis for March Expiry