FII’s bought 964 contract of Index Future worth 83 cores ,14.9 K Long contract were added by FII’s and 13.9 K short contracts were added by FII’s. Net Open Interest increased by 28.9 K contract, so rise in market was used by FII’s to enter long and enter shorts in Index futures. Trading Confidence As discussed… Read More »
As discussed in past analysis Holding 18780/18810 Bulls can make one more attempt to close above 19000. Bulls will be active above 19160 and bears below 18711 in between again sideways range. Bank Nifty made high of 19125, low of 18882 so the move till 19000 was done as we expected yesterday, Bank Nifty finally was… Read More »
Confidence is the most important psychological tool for the trader, Without Confidence on your abilities and trading system success in trading will be inevitable. When you develop your trading plan, it is obviously important that you have confidence in its accuracy and usefulness and in your belief that you can follow your plan closely and… Read More »
Tata Motors Intraday Traders can use the below mentioned levels Buy above 506.5 Tgt 510.3, 514 and 517.5 SL 504 Sell below 502 Tgt 499,495 and 488 SL 504 Ambuja Cement Intraday Traders can use the below mentioned levels Buy above 271 Tgt 273, 275.5 and 278.5 SL 269.8 Sell below 270.5 Tgt 268,266… Read More »
FII’s bought 5.7 K contract of Index Future worth 394 cores ,39.1 K Long contract were added by FII’s and 33.3 K short contracts were added by FII’s. Net Open Interest increased by 72.4 K contract, so fall in market was used by FII’s to enter long and enter shorts in Index futures. Trading Lesson Learnt… Read More »
As discussed in past analysis Now Bulls need to close above 19160 for next move towards 19376, bears are active below 18711 only Bank Nifty made high of 18044, low of 18814. Holding 18780/18810 Bulls can make one more attempt to close above 19000. Bulls will be active above 19160 and bears below 18711 in between… Read More »
Trading is a Skill and it takes time to develop the Skill.Trading is simply like learning to drive a car, it is a skill that anyone can learn. Trading doesn’t take extreme intelligence , it simply is hard work, determination and lot and lot of sincerity. Any person who need to become master of a… Read More »
LIC Intraday Traders can use the below mentioned levels Buy above 519 Tgt 522,525 and 530.5 SL 516.5 Sell below 514 Tgt 512.8,508 and 504 SL 517 Titan Intraday Traders can use the below mentioned levels Buy above 413 Tgt 416,419.5 and 424.5 SL 411 Sell below 408.5 Tgt 405.8,402 and 398 SL 411 … Read More »
FII’s sold 4.1 K contract of Index Future worth 228 cores ,7.4 K Long contract were added by FII’s and 11.6 K short contracts were added by FII’s. Net Open Interest increased by 19 K contract, so rise in market was used by FII’s to enter long and enter shorts in Index futures. Trading Lesson Learnt… Read More »
As discussed in past analysis Bank Nifty is still trading between the gann arcs, suggesting we should get breakout soon either on close above 18710 or below 18550 for 250-300 points move. Bulls will become active above 18720 and we can see fast move towards 18968. Bears now will become active below 18550 for a move… Read More »