As Discussed in Last Analysis High made was 25860 so we did our target of 25850 but failed to close above 25800 or below 25500. As we have holiday tomorrow so stick to same plan Bullish above 25800 for a move towards 25920/26059. Bearish below 25500 for a move back to 25250/25100. Bank Nifty has been… Read More »
Most of traders develop trading systems based on patterns we see in price action or in momentum or other indicators. But, what if we took “time” into account as well? When ever we talk of TIME, one person which come to our Mind is legendary W D Gann. But there are many other famous traders… Read More »
In Continuation with the previous 2 articles Trading Lesson Learnt From my Trading Guru Valuable Trading Lesson Learnt From my Trading Guru Part-II Before starting the article a small note, If You Really Enjoy my article, Could you please do me a ‘Huge favor’ after you have finished reading today’s lesson. Please click the Facebook… Read More »
TREND LINES Technical analysis is built on the assumption that prices trend. Trend lines are an important tool in technical analysis for both trend identification and confirmation. A trend line is a straight line that connects two or more price points and then extends into the future to act as a line of support or… Read More »
Continuing with my previous week article Trading Lesson Learnt From my Trading Guru I hope many traders who are trading or willing to start trading will be facing with the same dilemma and confusion so today am sharing few fundas i got from my trading guru. Use them and see the change in your trading.… Read More »
As traders we have two general ways to engage financial markets. First, we can conduct intensive research on macroeconomic drivers, fundamental news releases, and key economic data and come to a conclusion concerning the future direction of a specific financial asset; then, once the research has been conducted and a decision has been made, we… Read More »
Re-posting an Old Article as we approach the end of Samvat 2074 take inputs from this article to make the Journey of Samvat 2075 more profitable. The day I started trading I hoped to make lot of money, and ultimate goal of every trader is to trade for a living. My Guru asked me how… Read More »
Raymond Positional Traders can use the below mentioned levels Close Above 755 Target 784 Intraday Traders can use the below mentioned levels Buy above 753 Tgt 760,767 and 777 SL 749 Sell below 744 Tgt 739,735 and 729 SL 749 Sun Pharma Positional Traders can use the below mentioned levels Close below 574… Read More »
FII’s bought 6.9 K contract of Index Future worth 440 cores ,413 Long contract were covered by FII’s and 7.4 K Short contracts were covered by FII’s. Net Open Interest increased by 8.7 K contract, so fall in Nifty was used by FII’s to exit long and exit short in Index futures.FII’s Long to Short Ratio… Read More »
As Discussed in Last Analysis Low made was 25534 so bulls did not let bears break 25500,closed above 25730 as yesterday important time cycle date break of 25800 can see up move of 200-300 point easily and break of 25500 can see move of 200-300 points and also we are seeing 2 gann angle meeting… Read More »