Nifty doing time correction,EOD Analysis

By | April 23, 2016 1:18 pm

FII’s bought 9.7 K contract of Index Future worth 540 cores ,5.8 K Long contract were added by FII’s and 3.8 K short contracts were liquidated by FII’s. Net Open Interest increased  by 2 K contract, so fall in market was used by FII’s to enter  long and  exit shorts in  Index futures. If only our… Read More »

Bank Nifty struggling near supply zone,EOD Analysis

By | April 23, 2016 7:42 am

 As discussed in last analysis   As per gann  arcs, Support is in range of 16400-16500 and resistance at 16800. Breakout above 16800 for a move towards 17000,Breakdown below 16500 for a move towards 16300-16250.  High made 16755 and Low 16549, Now for coming week Only close above 16800 can fuel the expiry rally towards 17000,… Read More »

If only our mind is like a plain mirror

By | April 22, 2016 4:15 pm

“I do not wish to work under someone. I want to run my own business. For that, I need capital and experience. So I am working as a sales representative in an organization. But in this profession, I have to go from house to house; organization to organization. In order to meet a person, I… Read More »

Ashok Leyland PNB and BPCL Technical Levels

By | April 22, 2016 8:08 am

Ashok Leyland   Intraday Traders can use the below mentioned levels Buy above 107.2  Tgt 108.2,109.3 and 110.3 SL 106.6 Sell below 105 Tgt 104,103 and 102 SL 106   BPCL Positional/Swing Traders can use the below mentioned levels Unable to close above 987 Tgt 954/932/898 Intraday Traders can use the below mentioned levels Buy… Read More »

Nifty unable to close above 7972,EOD Analysis

By | April 22, 2016 7:49 am

FII’s sold 1.5 K contract of Index Future worth 74 cores ,2.7 K Long contract were added by FII’s and 4.3 K short contracts were added by FII’s. Net Open Interest increased  by 7.1 K contract, so fall in market was used by FII’s to enter  long and  enter shorts in  Index futures.How Fear and Greed… Read More »

Bank Nifty does 16700, EOD Analyiss

By | April 22, 2016 7:35 am

 As discussed in last analysis   Till 16000 is held bulls hope are alive for a move till 16500/16700 zone. Bank Nifty made high of 16770 but closed below 16700. As per gann  arcs, Support is in range of 16400-16500 and resistance at 16800. Breakout above 16800 for a move towards 17000,Breakdown below 16500 for a… Read More »

How Fear and Greed affects trading

By | April 21, 2016 3:09 pm

The most difficult aspect of trading is “handling your own emotions”as a Human Being we are emotional and if emotions are removed out of us there will not be difference between Robot and Humans. As a trader its always good to be MINDFUL about our emotions and this is what a great trader have done,… Read More »

Grasim Indusind and ONGC Darvas Box Analysis

By | April 21, 2016 8:14 am

Grasim Positional/Swing Traders can use the below mentioned levels Close above 4094 Tgt 4181/4270 Intraday Traders can use the below mentioned levels Buy above 4100  Tgt 4120,4135 and 4177 SL 4090 Sell below 4085 Tgt 4060,4040 and 4015 SL 4096   ONGC   Positional/Swing Traders can use the below mentioned levels Close above 212 Tgt… Read More »

Nifty gets resisted at gann arc, EOD Analysis

By | April 20, 2016 11:35 pm

FII’s bought 22.5 K contract of Index Future worth 1328 cores ,17.4 K Long contract were added by FII’s and 5.1 K short contracts were liquidated by FII’s. Net Open Interest increased  by 12.3 K contract, so rise in Nifty market was used by FII’s to enter  long and  exit shorts in  Index futures.Why Retail Traders… Read More »

Bank Nifty continue with uptrend,EOD Analysis

By | April 20, 2016 6:39 pm

 As discussed in last analysis   Till 16000 is held bulls hope are alive for a move till 16500/16700 zone. Bank Nifty made high of 16386 and low of 16160. Till 16000 is held we can move towards 16500/16700.  Why Retail Traders lose money in Stock market Bank Nifty April Future Open Interest Volume is at… Read More »