Nifty closes below 7850, EOD Analysis

By | May 2, 2016 10:57 pm

FII’s sold 23.6 K contract of Index Future worth 1340 cores ,16.1 K Long contract were liquidated by FII’s and 7.5  K short contracts were added by FII’s. Net Open Interest decreased  by 8.5 K contract, so fall in market was used by FII’s to exit long and  enter  shorts in  Index futures. Qualities professional trade… Read More »

Bank Nifty ready for big move,EOD Analysis

By | May 2, 2016 8:57 pm

Bank Nifty is unable to close above the gann green arc and 16800 level, also unable to close below 16500 suggesting fight is on between bulls and bears, break of 16500 can see move towards 16350/16188 and break above 16800 can see fast move towards 17000.  Qualities professional trade needs to develop Bank Nifty May… Read More »

Qualities professional trade needs to develop

By | May 2, 2016 4:16 pm

Trading is not an easiest job to do,as it requires year of practice with control over emotions over a period of time to be profitable on consistent basis.  Let me share my experience what qualities a trader require to be a professional day trader Never Buy Auto Buy and Sell  Software Most of traders are… Read More »

Sun TV Havells and SBI Swing Trading Analysis

By | May 2, 2016 7:46 am

Sun TV Positional/Swing Traders can use the below mentioned levels Close above 377 Tgt 385/390/398 Intraday Traders can use the below mentioned levels Buy above 375 Tgt 378,382  and 386 SL 372 Sell below 370 Tgt 367.5,363 and 360 SL 372   Havells Positional/Swing Traders can use the below mentioned levels Holding 327 Target 343… Read More »

Bank Nifty Weekly Forecast for 02-06 May

By | May 1, 2016 7:49 pm

Last Week we gave Chopad Level 16800 Bank Nifty gave Long entry on Tuesday which did 1 target on Monday Longs taken got Stopped out on Thursday and Shorts initiated on Thursday did 2 target on downside low made was 16527 which was near our 2 target of 17500. Lets analyses how to trade Bank… Read More »

Nifty Weekly Forecast for 02-06 May

By | May 1, 2016 4:36 pm

Last Week we gave Chopad Levels  of 7921 , Nifty gave Long entry on Tuesday which did 1 target on Monday Longs taken got Stopped out on Thursday and Shorts initiated on Thursday did 2 target on downside low made was 7788 which was near our 2 target of 7777. Lets analyses how to trade… Read More »

Bank Nifty held on to 200 DMA,EOD Analysis

By | April 30, 2016 11:17 am

As discussed in last analysis   High made today was 17023 bank nifty unable to scale above the supply zone level of 17067 and also the gann resistance line and bears got active below 16800 and saw the decline till  200 DMA, Break of 16700 can again see a quick fall till 16500, Bank Nifty made… Read More »

Are You a Carrot, Egg, or Coffee Bean?

By | April 29, 2016 3:41 pm

A young woman went to her mother and told her about her life and how things were so hard for her.  She did not know how she was going to make it and wanted to give up.  She was tired of fighting and struggling.  It seemed as one problem was solved a new one arose.… Read More »

HDIL Lupin and ACC Harmonic Study

By | April 29, 2016 7:45 am

HDIL Positional/Swing Traders can use the below mentioned levels Close above 86.5 Tgt 89/91 Intraday Traders can use the below mentioned levels Buy above 86.5 Tgt 87.2,88.3 and 89.4 SL 85.8 Sell below 85.5 Tgt 84.5,83.7 and 82 SL 86.1   ACC Positional/Swing Traders can use the below mentioned levels Close above 1453 Tgt 1508/1542… Read More »