Maruti,Axis Bank and SKS Micro Intraday Trading Plan

By | November 25, 2015 10:53 pm

Maruti   Intraday Traders can use the below mentioned levels Buy above 4662 Tgt 4682,4700 and 4750 SL 4640 Sell below 4620 Tgt 4600,4560 and 4500 SL 4640 SKS Micro Intraday Traders can use the below mentioned levels Buy above 428 Tgt 429.5,431.8 and 434.5 SL 426.5 Sell below 424 Tgt 422.8,420 and 415 SL… Read More »

Thought Process of Losing trader

By | November 25, 2015 4:23 pm

1. Losing traders think that because they reviewed price performance history, and saw patterns or results, trading in real time would be simple . They don’t understand that real time trading involves risk management, discipline, and a developed trading plan and probably never will. 2. Losing traders believe that what they learned in textbooks will… Read More »

Nifty November Expiry Analysis

By | November 25, 2015 11:18 am

FII’s sold 2.4 K contract of Index Future worth 141 cores ,17.2 K Long contract were added by FII’s and 19.6 K  short contracts  were added by FII’s. Net Open Interest increased  by 36.8 K contract, so today’s fall in market was used by FII’s to enter both long and  shorts in  Index futures. Are you… Read More »

Bank Nifty November Expiry Analysis

By | November 24, 2015 11:27 pm

Bank Nifty continued with its consolidation trading below gann trendline and signal line suggesting a big move is round the corner as prices are contracting in the triangle. Support remains at 16862 and below that 16587. Resistance at 17170 and than 17280.  Are you Trading on Skills or Luck   Bank Nifty November Future Open… Read More »

Are you Trading on Skills or Luck

By | November 24, 2015 3:45 pm

Some describe trading as purely based on “LUCK” , “Tukka marna” as we call it in Hindi, but from my perceptive trading is all about “Skills” . Skills take time to develop. Take an Example of Engineer, To get an Engineering degree a student has to study for 6 years ( 2 Years for entrance… Read More »

What Will happen once US Fed Hikes Rates ?

By | November 24, 2015 10:38 am

Seven years after the Fed unleashed ZIRP and QE to “fix the economy”, it has finally admitted that ZIRP and QE failed to do that (although they certainly succeeded in blowing the biggest asset bubble ever), and for the past 6 months the Fed has engaged in what may be the most ridiculous case of… Read More »

Nifty ready for Big move,FII FnO Data Analysis

By | November 23, 2015 9:44 pm

FII’s bought 6.6 K contract of Index Future worth 403 cores ,38.9 K Long contract were added by FII’s and 32.2 K  short contracts  were added by FII’s. Net Open Interest increased  by 71.1 K contract, so today’s fall in market was used by FII’s to enter both long and  shorts in  Index futures. How following… Read More »

Bank Nifty ready for big move,EOD Analysis

By | November 23, 2015 8:26 pm

Bank Nifty continued with its consolidation trading below gann trendline and signal line suggesting a big move is round the corner as prices are contracting in the triangle. Support remains at 16862 and below that 16587. Resistance at 17170 and than 17280.  How following NEWS can Bust your Trading Account Bank Nifty November Future Open… Read More »

How following NEWS can Bust your Trading Account

By | November 23, 2015 3:35 pm

In Continuation with Previous Article Are you a “News” Based Trader or Price action Based ? With the Drama over Fed Rate Hike coming in next few days most of Traders will become obsessed with news events. They get sucked into a ‘black hole’ of staring at economic news calendars from their broker or elsewhere… Read More »

STAR,LT and Bata India Darvas Box Analysis

By | November 23, 2015 7:55 am

STAR Intraday Traders can use the below mentioned levels Buy above 1370 Tgt 1382,1400 and 1415 SL 1362 Sell below 1355 Tgt 1349,1336 and 1320 SL 1362   Bata India   Intraday Traders can use the below mentioned levels Buy above 494 Tgt 497,502 and 510 SL 491 Sell below 487 Tgt 484,480 and 475… Read More »