Nifty held on to its 50 SMA,FII FnO Data Analysis

By | April 17, 2015 6:58 am

FII’s sold 43.9 K contract of Index Future worth 1071 cores,3.4 K Long contract were squared off  FII’s and 40.5 K short contracts  were added by FII’s. Net Open Interest increased  by 37 K contract.Holy Grail for Successful trading  Nifty continued forming lower low but closed above its 50 SMA, Nifty took support at 135 degree line… Read More »

Auro Pharma,ONGC and IB Real Harmonic Pattern Analysis

By | April 16, 2015 5:14 am

Auro Pharama Unable to close above 1364  stock is heading back to 1320/1275 Intraday Traders can use the below mentioned levels Buy above 1366 Tgt 1375,1382 and 1400 SL 1360 Sell below 1350 Tgt 1344,1330 and 1307 SL 1356   IB Real Estate Holding 68 stock can bounceback to 73/76. Intraday Traders can use the… Read More »

Nifty forms Bearish Engulfing pattern,FII FnO Data Analysis

By | April 15, 2015 10:49 pm

FII’s bought 34.8 K contract of Index Future worth 783 cores,35.2 K Long contract were added  by FII’s and 483 short contracts  were added by FII’s. Net Open Interest increased  by 35.7 K contract.Holy Grail for Successful trading  Nifty after 9 days of rally formed first lower low @8722 also we corrected more than 122 points from… Read More »

Holy Grail for Successful trading

By | April 15, 2015 4:25 pm

Whenever I saw a Cricket  playing in the field  or Tennis player playing, the temptation to play like them was tremendous. If you see any Great Sportsman playing and compare yourself to them you will  observe You are lacking in co-ordination, stamina, technique, strategies and above all few tricks of the game that only comes… Read More »

Nifty Gunner Forecast for 15 April

By | April 14, 2015 7:12 pm

FII’s sold 5.5 K contract of Index Future worth 165 cores,3.6 K Long contract were squared off  by FII’s and 1.9 K short contracts  were added by FII’s. Net Open Interest decreased  by 1.7 K contract.How to move from Unsuccessful trader to Profitable trader  Nifty continued with its rally forming higher high and higher low pattern. Till… Read More »

Do You Stick to losing positions ?

By | April 13, 2015 4:45 pm

From a psychological point of view nobody wants to sell at a loss as in most situations in life making mistakes and admitting them is associated with being a loser. That’s why most people prefer sticking to a losing position. They don’t want to be labeled a loser. So they start hoping their position will… Read More »

ACC,Bajaj Auto and Hindalco Gunner forecast

By | April 13, 2015 6:01 am

Bajaj Auto Intraday Traders can use the below mentioned levels Buy above 2111 Tgt 2122,2139 and 2160 SL 2093 Sell below 2090 Tgt 2082,2066 and 2053 SL 2098   Hindalco Any close below 136 short term target 131. Intraday Traders can use the below mentioned levels Buy above 138.2 Tgt 139,140 and 141.2 SL 137… Read More »