Arvind Bharti Airtel Granuels Price Time Analysis

Arvind

 

Positional Traders can use the below mentioned levels

Close above 393 Target 398/411

Intraday Traders can use the below mentioned levels

Buy above 393 Tgt

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Bank Nifty does 21700 on Expiry Day,EOD Analysis

As discussed in Last Analysis  Bank Nifty did 21400 today as we have been expecting in our last analysis. Now as soon as it move above 21420 it will enter in gann angle which can open the rise till 21600-21651. Bearish below 21340 for a move till 21220/21110.  High made today was 21696 so bank nifty so bank nifty did our target in single session. Now if we close above 21700 we can see next move towards 21797 which is an important resistance zone and above it fast move towards 22000-22100. Bearish below 21500 for a move towards 21400/21350. We were able to capture a 800 pointer from 20870, When price and time meets it creates a fast move thats where gann helps us in keeping ahead of the curve. Self Control and Discipline in Trading

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Nifty continue to close above gann angle,EOD Analysis

As discussed in last analysis   As per time analysis we have made a low till 9020 is not broken and we can see upmove towards 9175/9216/9268 once we close above 9130 Bearish below 9077 for a move back to 9020/8992 We have seen close above 9130 today above gann angles, suggesting we can see range expansion and we are heading towards 9175/9216/9268. Bearish below 9070 for a move till 9020. Low made today was 9136 and High made was 9183 suggesting bulls are still active and should make life high above 9218 in next 1-2 days. We are up move than 160 points from low of 9020 made as per time analysis. Above 9218 we can see  upmove towards 9268/9317. Bearish below 9070 for a move till 9020.  Bank Nifty does 21700 on Expiry Day,EOD Analysis

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Self Control and Discipline in Trading

Stock Market  did a one way ride last 3 months from low of 7893  high of 9216.  These kinds of rallies have been coming and will be coming for next many many years. But important thing is were you part of this rally,If yes were you on right side ie. Long side. Most of traders

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Nifty close above 9130, heading towards Life High

FII’s bought 11.7 K contract of Index Future worth 754 cores ,39.9 K Long contract were added by FII’s and 28.2 K Short contracts were added by FII’s. Net Open Interest increased  by 68.2 K contract, so rise in market was used by FII’s to enter long and enter short in  Index futures. The Benefits of…

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Bank Nifty hits life high holding 21150,EOD Analysis

As discussed in Last Analysis   Bank Nifty closed above 21050 and today did the target 21246 High made was 21264. Bulls needs to continue to hold 21150 for a move towards 21336/21400. Bears need close below 21000 for a move towards 20870. Bank Nifty did 21400 today as we have been expecting in our last analysis. Now as soon as it move above 21420 it will enter in gann angle which can open the rise till 21600-21651. Bearish below 21340 for a move till 21220/21110.  The Benefits of Being Prepared in Trading

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The Benefits of Being Prepared in Trading

Most of the traders i have interacted major flaw in most of their trading is not being planned and prepared. Most of traders are predictive in nature, they are more interested in knowing the next move of markets. Technically speaking a traders should be reactive in nature where they trade what market is showing on screen not assuming what can happen. 
The Reactive nature comes to trader when they are prepared and planned for the trading day.
Spend few minutes before reading further and ask yourself

What do you do to prepare before you trade?

Top sports people and teams, businesses, and top traders wanting to perform well with consistency have long recognized the importance of meticulous preparation. This high level of preparation pre-performance enables them to execute to the highest level possible.
Let me discuss the Benefits of being prepared.


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SUN TV Rel Cap Century Textile Murry Math Analysis

Reliance Capital

Intraday Traders can use the below mentioned levels

Buy above 608 Tgt

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Nifty again bounce from gann angle,EOD Analysis

• FII's bought 4.7 K contract of Index Future worth 299 cores ,34.5 K Long contract were added by FII's and 29.8 K Short contracts were added by FII's. Net Open Interest increased  by 64.4 K contract, so rise in market was used by FII's to enter long and enter short in  Index futures. Successful traders have a lot to learn from sportsmen

As discussed in last analysis   Now again if we held on to 9030-9035 range we can again see move towards 9070-9115. Range expansion can be seen only on close above 9130 for a move towards 9216 and Bearish on close below 8992 for a move towards 8920. High made today was 9110 so we again did the move towards 9110 from 9030 suggesting gann angles are still in force. As per time

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Bank Nifty does 21264 holding 21050,EOD Analysis

• As discussed in Last Analysis   Bulls needs to hold now 21050 for the move towards the life high of 21336. Bearish below 21000 for a move towards 20850 Low made today was 20979 and closed just above 21050 suggesting bulls are still in the game and holding 21050 we can see move towards 21177/21246/21320. Bearish below 20960 for a move towards 20900/20820. Bank Nifty closed above 21050 and today did the target 21246 High made was 21264. Bulls needs to continue to hold 21150 for a move towards 21336/21400. Bears need close below 21000 for a move towards 20870.  Golden Mantra: 1 percent improvements in your life
  

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Bank Nifty continue to hold 21050,EOD Analysis

As discussed in Last Analysis   Bank Nifty made high of 21174 near our 3 target 21205 so traders who went long above 20870 were rewarded handsomely again.Bank Nifty did the weekly close above 21000 which will go well for the current bullish move. Bulls needs to hold now 21050 for the move towards the life high of 21336. Bearish below 21000 for a move towards 20850 Low made today was 20979 and closed just above 21050 suggesting bulls are still in the game and holding 21050 we can see move towards 21177/21246/21320. Bearish below 20960 for a move towards 20900/20820. Golden Mantra: 1 percent improvements in your life

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Nifty moves from 1 Gann Angle to another,EOD Analysis

As discussed in last analysis   Now bulls need close above 9130 for a move towards 9174/9216. Bearish below 9070 for a move towards 9020/8968. Nifty as soon as broke 9070 move down and did the target of 9020 low made was 9024. This is how we can capture a small move as price move for 1 gann angle to anther. Now again if we held on to 9030-9035 range we can again see move towards 9070-9115. Range expansion can be seen only on close above 9130 for a move towards 9216 and Bearish on close below 8992 for a move towards 8920.   Bank Nifty continue to hold 21050,EOD Analysis

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Bank Nifty Weekly Outlook for March Expiry

Last Week we gave Chopad Level 21201 Bank Nifty made exact high of 21202 and gave perfect entry chopad followers and made low of 20754 near our last target of 20750 rewarding disciplined chopad followers. As discussed in last analysis  as we enter a crucial time cycle 20-29 March for bank nifty, expect 500-800 points move in next 2 weeks.  Bank Nifty gave 448 points fall as we were expecting in 1 week, power of time cycle. Lets analyze how we  trade bank nifty in coming week as we are approaching March Expiry and Financial Year closing.

Bank Nifty Hourly

Bank Nifty  bounced from the lower end of channel suggesting 20750 will remain strong support and rally can extend towards 21500.

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Nifty Weekly Outlook for March Expiry

Last Week we gave Chopad Levels  of 9150, Nifty gave Short entry on Monday which  did 2 target on Downside by Wednesday.Nifty for a single session was not able to close below the Chopad level of 8150 suggesting Bulls were under pressure from start of the week.  Lets Analyze how to trade Nifty as we are approaching March Expiry and Financial Year closing.

Nifty Hourly Chart

Hourly chart was near the support line

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Reliance Technical Outlook after SEBI ban

Reliance Industries has been barred by Sebi (Securities and Exchange Board of India) on Friday from equity derivatives trading for one year.  SEBI has imposed BAN following alleged fraudulent trading in the futures and options (F&O), or derivatives, of RIL's former listed subsidiary Reliance Petroleum, which has since been merged with the parent firm. Sebi has allowed RIL and other entities to square off or close existing open positions.
The regulator has asked RIL to pay Rs 447 crore along with an annual interest of 12 per cent since November 29, 2007, taking the total disgorgement liability of the company to nearly Rs 1,000 crore. It has been asked to pay the amount within 45 days.SEBI said Reliance has made gain of 551 cores so technically reliance has to pay fine of just 450 cores which is minuscule for company having market cap of 44 Billion USD.  This News will be sentimentally negative to stock but long term prospect will not get affected. Lets study the technical parameter of stock how it can react on Monday.

 

Reliance Gann Chart

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Buying the Small Cap Breakout: Generic Construction

Generic Engineering (GENCON ) we discussed in last analysis breakout above 115 for a move towards 122/130
Generic has closed above 115 but still has not achieved the target of 122 High made was 119.80. Stock has finally close above the breakout level of 115 and has been trading in tight range of 112-119 from past 2 weeks. Below is the technical update on stocks for the further move we are anticipating.

Generic Hourly

Generic Hourly Chart closed above the breakout level of 115 and almost near our target of 122, High made till now is 119.80. As stock has been

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Nifty does 9130 Holding 9030,EOD Analysis

• FII's sold 3.9 K contract of Index Future worth 316 cores ,4.3 K Long contract were liquidated by FII's and 345 Short contracts were liquidated by FII's. Net Open Interest decreased  by 4.6 K contract, so rise in market was used by FII's to exit long and exit short in  Index futures. Successful traders have a lot to learn from sportsmen

As discussed in last analysis  Nifty closed at 9030 and was holding on to range of 9036 for most part of the day. Bulls should keep eye on 9040 close above it back to 9100-9130 range. Bearish below 9000 for a move till 8969-8920. Low made today was 9048 so yesterday Nifty held on to 9030 and bounced back from 1 gann angle to another one. Now Nifty trading above 9100 will be very bullish and we can see move towards 9174/9220. Bearish only below 9000. Nifty did high of 9133 so we did the target of 9130 as shown in below chart. Now bulls need close above 9130 for a move towards 9174/9216. Bearish below 9070 for a move towards 9020/8968.  Will Bank Nifty give Weekly close above 21000,EOD Analysis

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Bank Nifty bounces 300 points from 20870,EOD Analysis

As discussed in Last Analysis  Now Bulls should keep eye on 20870 levels, above it only we can see move towards 21000/21200. Bearish below 20720 for a move till 20670/20550. Low made today was 20775 and High made was 20934 and closed above 20870. Now Bank Nifty should move towards 20981/21093/21205 another attempt to close above the gann angle. Bulls will try to give Weekly close above 21000. Bearish below 20720 for a move towards 20670/20550. Bank Nifty made high of 21174 near our 3 target 21205 so traders who went long above 20870 were rewarded handsomely again.Bank Nifty did the weekly close above 21000 which will go well for the current bullish move. Bulls needs to hold now 21050 for the move towards the life high of 21336. Bearish below 21000 for a move towards 20850  Golden Mantra: 1 percent improvements in your life

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Golden Mantra: 1 percent improvements in your life

By James Clear In 2010, Dave Brailsford faced a tough job. No British cyclist had ever won the Tour de France, but as the new General Manager and Performance Director for Team Sky, Great Britain’s professional cycling team, Brailsford was asked to change that. His approach was simple. Brailsford believed in a concept that he…

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Nifty bounces from gann angle,EOD analysis

• FII's bought 2 K contract of Index Future worth 101 cores ,3.6 K Long contract were added by FII's and 1.5 K Short contracts were added by FII's. Net Open Interest increased  by 5.1 K contract, so rise in market was used by FII's to enter long and enter short in  Index futures. Successful traders have a lot to learn from sportsmen

As discussed in last analysis  Nifty gave the big move we were expecting as per time cycle but it happened in gap down most of the trades missed the move. Range of 9030-9036 proved to be strong resistance as Nifty closed at 9030 and was holding on to range of 9036 for most part of the day. Bulls should keep eye on 9040 close above it back to 9100-9130 range. Bearish below 9000 for a move till 8969-8920. Low made today was 9048 so yesterday Nifty held on to 9030

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Will Bank Nifty give Weekly close above 21000,EOD Analysis

As discussed in Last Analysis  Now Bulls should keep eye on 20870 levels, above it only we can see move towards 21000/21200. Bearish below 20720 for a move till 20670/20550. Low made today was 20775 and High made was 20934 and closed above 20870. Now Bank Nifty should move towards 20981/21093/21205 another attempt to close above the gann angle. Bulls will try to give Weekly close above 21000. Bearish below 20720 for a move towards 20670/20550. Successful traders have a lot to learn from sportsmen

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Successful traders have a lot to learn from sportsmen

If you ever met a successful trader one thing you would have noticed most of them in some part of there life were related to sports. What’s the connection between being an  sportsman and stock market trader? I believe it has everything to do with the qualities and the mindset that these individuals have. I…

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Nifty holds on to 9030-9035 range,EOD Analysis

• FII's bought 14.2 K contract of Index Future worth 1053 cores ,8.5 K Long contract were added by FII's and 3.2 K Short contracts were added by FII's. Net Open Interest increased  by 14.2 K contract, so fall in market was used by FII's to enter long and enter short in  Index futures. Trade Outside Your Comfort Zone

As discussed in last analysis   Nifty has taken support near gann arc and also near the gann angles and closed near 9130 levels,suggesting if 9100 level is held we can see upmove towards 9200/9250. Bearish below 9100 for a move towards 9040/9000. As per time analysis next 2 days we can see trending day. Low made today was 9087 and we recovered and close above 9100 and near gann angle. Break of 9087 we can see down move till 9034. 9034-9030 is important support zone, Bearish below 9000 only. Bullish above 9150 for a move towards 9212/9268. Nifty gave the big move we were expecting as per time cycle but it happened

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Bank Nifty break the gann angle with gap down,EOD Analysis

As discussed in Last Analysis  Big move can be seen in next 2 days as per time cycle. Bank Nifty broke 21000 today made low of of 20967 but closed above 21000 thus whipsawing traders who took short trades. Close is above 21000 and also near gann angles suggesting big move round the corner. Longs can be taken near 21000 for a move till 21120/21220. Breakout only  on close above 21300. Bearish below 20950 for a move till 20850. Range of 20850-20880 is important demand zone once 21000 is broken. Bank Nifty gave the big move we were expecting as per time cycle but it happened in gap down most of the trades missed the move. Now Bulls should keep eye on 20870 levels, above it only we can see move towards 21000/21200. Bearish below

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Why Trading Goals are Important ?

Setting clear, specific written goals can have an incredible effect on the levels of performance that you achieve. Goals are desired outcomes. They are what we would like to achieve. In Sportsmind, Jeffrey Hodges states that “only about 5% of people surveyed are goal setters and less than 1% have written down goals”. Given how…


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Nifty near gann angle support zone, EOD Analysis

FII’s bought 11.2 K contract of Index Future worth 776 cores , 673 Long contract were added by FII’s and 1 K Short contracts were added by FII’s. Net Open Interest increased  by 1.7 K contract, so fall in market was used by FII’s to enter long and enter short in  Index futures. Trade Outside Your…



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Bank Nifty continue to hold 21000, EOD Analysis

As discussed in Last Analysis   We are also approaching the gann angle support so if 21000-21040 range is held we can again see a bounce back. Long can be taken in the range of 21040-21000 range if and when it comes for a move towards 21200/20300. Breakout on close above 21300 for a move towards 21450/21500. Bearish below 21000 for a move towards 20800/20600. Big move can be seen in next 2 days as per time cycle. Bank Nifty broke 21000 today made low of of 20967 but closed above 21000 thus whipsawing traders who took short trades. Close is above 21000 and also near gann angles suggesting big move round the corner. Longs can be taken near 21000 for a move till 21120/21220. Breakout only  on close above 21300. Bearish below 20950 for a move till 20850. Range of 20850-20880 is important demand zone once 21000 is broken.  Trade Outside Your Comfort Zone

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Trade Outside Your Comfort Zone

Whenever someone’s perception departs from their expectations, their heart rate inevitably rises – some people handle deviations better than others, but everyone ultimately has a breaking point. We have  always stressed that Trading is doing the same thing again and again , deliberate practice and repetition enables you to work on your trading flaws and determine what…


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Nifty ready for trending move ,EOD Analysis

• FII's bought 11.2 K contract of Index Future worth 776 cores , 5.4 K Long contract were added by FII's and 5.8 K Short contracts were liquidated by FII's. Net Open Interest decreased  by 326 contract, so fall in market was used by FII's to enter long and exit short in  Index futures. The Black Belt Story

As discussed in last analysis  Now BUlls need to protect 9077 -9050 range for this upmove to continue towards 9300/9368. Bearish below 9000 only in between range trade continues. Nifty has taken support near gann arc and also near the gann angles and closed near 9130 levels,suggesting if 9100 level is held we can see upmove towards 9200/9250.

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Bank Nifty near Gann Support, Will it bounce or breakdown ?

As discussed in Last Analysis  Long above 21300 for a move towards 21450/21500. Bearish below 21000 for a move towards 20800/20600. High made today was 21202 and low made was 21084 so we continue to trade in the range, We are also approaching the gann angle support so if 21000-21040 range is held we can again see a bounce back. Long can be taken in the range of 21040-21000 range if and when it comes for a move towards 20200/20300. Breakout on close above 21300 for a move towards 21450/21500. Bearish below 21000 for a move towards 20800/20600. Big move can be seen in next 2 days as per time cycle. The Black Belt Story

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Reliance Bharti Airtel IB Housing Trendline Analysis

Reliance

Positional Traders can use the below mentioned levels

Close above 1302 Target 1333/1356

Intraday Traders can use the below mentioned levels

Buy above 1306 Tgt

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Nifty Weekly Forecast for 20-24 March

Last Week we gave Chopad Levels  of 9150, Nifty gave Long  entry in last week  Long Entry  on Monday which  did 1 target on Upside by Tuesday.Nifty for a single session was not able to close below the Chopad level of 8921 suggesting Bulls were ready for the Big gap up which will happen tomorrow.  Lets Analyze how to trade Nifty as we are approaching fresh life highs.

Nifty Hourly Chart

Hourly chart was near the support line as shown in above

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Bank Nifty Weekly Forecast for 20-24 March

Last Week we gave Chopad Level 21428 Bank Nifty did not give the entry as per chopad levels hence traders trading on chopad levels did not got the entry. Lets analyze how to trade next week as we enter a crucial time cycle 20-29 March for bank nifty, expect 500-800 points move in next 2 weeks.

Bank Nifty Hourly

As discussed in last analysis Hourly chart was near the support line as shown in above chart and should see impulsive move towards 21500.
Bank Nifty traded in the middle of the channel

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Bank Nifty continue to trade rangebound, EOD Analysis

As discussed in Last Analysis  Long above 21300 for a move towards 21450/21500. Bearish below 21000 for a move towards 20800/20600. High made today was 21336 and low made was 21127 so bulls broke 21300 with gap up but bears became active and pushed the bank nifty below 21300, but bulls also did not let…

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The Black Belt Story

A black belt story tells about a martial artist who kneels before a master sensei in a ceremony to receive the hard-earned Black Belt. After years of relentless training, the student has finally reached a pinnacle of achievement in the discipline. “Before granting the belt, you must pass one more test,” the sensei solemnly tells…



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Nifty break the gann angle close above 9120,EOD Analysis

• FII's bought 12.7 K contract of Index Future worth 857 cores , 14.1 K Long contract were added  by FII's and 1.3 K long contracts were added by FII's. Net Open Interest increased  by 15.5 K contract, so rise in market was used by FII's to enter long and enter short in  Index futures. The Bitter Truth About Trading

As discussed in last analysis  Nifty continue to trade around the gann angles as shown below and also formed the lowest range of last 2.5 years, market is in wait and watch mode before the outcome of fed event. Bullish above 9130 for a move towards 9212/9300. Bearish below 8975 for a move towards 8900/8850. Nifty finally closed above 9130 and gann

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Bank Nifty continue to trade rangebound, EOD Analysis

As discussed in Last Analysis  21000 will become an important support on lower side, break of 21000 can see fast move towards 20900/20750. Higher side move above todays high of 21274 can see fast move towards 21400/21500 where is gann angle resistance.  Long above 21300 for a move towards 21450/21500. Bearish below 21000 for a…


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Bank Nifty forms Inside bar pattern,EOD Analysis

As discussed in Last Analysis  21000 will become an important support on lower side, break of 21000 can see fast move towards 20900/20750. Higher side move above todays high of 21274 can see fast move towards 21400/21500 where is gann angle resistance. Bank Nifty made low of 21063 and high made today was 21216 so Bank Nifty formed an Inside bar pattern today before we get to know the outcome of Fed event. Long above 21300 for a move towards 21450/21500. Bearish below 21000 for a move towards 20800/20600. Chasing a Trade

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Nifty forms another DOJI near Gann Angle,EOD Analysis

• FII's sold 3.2 K contract of Index Future worth 236 cores , 1.1 K Long contract were liquidated  by FII's and 2.1 K long contracts were added by FII's. Net Open Interest increased  by 988 contract, so rise in market was used by FII's to exit long and enter short in  Index futures. Chasing a Trade

As discussed in last analysis  Nifty made a new high today at 9122 and also closed above 9081 as we have been discussing in past few analysis till 8860 is not broken we can see march towards new highs Thats Beauty of gann its keep you ahead of the curve, Today high@9122  was at very crucial juncture as seen in below Gann chart, I would give 9122 as make or break of level, for next few days, as closing above it we can see move towards 9212/9362/9468 in next 1 months and unable to cross above it correction till 9000/8860. Nifty

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Nifty Weekly Forecast after UP Election Results

Last Week we gave Chopad Levels  of 8921, Nifty gave multiple entry in last week  Long Entry  on Monday which  did 1 target on Upside by Tuesday.Nifty for a single session was not able to close below the Chopad level of 8921 suggesting Bulls were ready for the Big gap up which will happen tomorrow.  Lets Analyze how to trade Nifty as we are approaching fresh life highs.

Nifty Hourly Chart

Hourly chart was near the support line as shown

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Bank Nifty Weekly Forecast after UP Election Results

Last Week we gave Chopad Level 20610 Bank Nifty gave Long Entry  on Monday did 1 target on upside, Lets analyze how to trade Bank Nifty as we will get a big gap up after the Historic Election Win. Wishing Blog Readers a Happy Holi !!

Bank Nifty Hourly

Hourly chart was near the support line as shown in above chart and

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Nifty heading towards Life High after Historic Election Win

Nifty will open with huge gap on Monday and can hit a new life highs, but does it mean that we blindly go long, As a matter of fact on May 16 when BJP got majority in Lok Sabha we closed marginally in green after an upmove of more than 6%. Volatility will be the name of the game as we move in an uncharted territory above 9120. Levels to watch on Tuesday and next few days will be 9081/9212/9362/9468. Look at the open price and if nifty trades below open price than only traders should go short with 20 points sl. Traders having capital less than 10 lakhs should aviod trading on Tuesday and protect capital. Market will be there forever but your capital will be gone if you cannot handle big volatility.    Bank Nifty heading towards 21500 after Historic Election Win


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Bank Nifty heading towards 21500 after Historic Election Win

As discussed in Last Analysis Bank Nifty continue to make low near the gann angle and continue to move upwards, Now if we close above 20750 tomorrow we can see quick move towards 20900/21000. Bearish below 20550 for a move towards 20300/20000.  Traders having capital less than 10 lakhs should avoid trading for next 2…


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How Kobe Bryant Made it to the Top

by James Clear. Kobe Bryant is one of the most successful basketball players of all–time. The winner of 5 NBA championships and 2 Olympic Gold Medals, Bryant has amassed a net worth of more than $200 million during his playing career. In 2012, Bryant was selected as a member of Team USA. During this time,…


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Nifty Chart Analysis before Election Results

• FII's sold 8.9 K contract of Index Future worth 617 cores , 3.3 K Long contract were liquidated by FII's and 5.5 K long contracts were added by FII's. Net Open Interest increased  by 2.1 K contract, so rise in market was used by FII's to exit long and enter short in  Index futures. How Ordinary People Became Millionaire Traders

As discussed in last analysis  Nifty gave a good move today and today low is near the gann angle as shown in below chart. So Shorts can be taken below 8890 for a move towards 8850/8800/8757. Bullish above 8995 for a move towards 9033/9080 Exit Poll results will be coming out tomorrow 5:30 PM Low made today was 8899 and high

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Bank Nifty Chart Analysis before Election Results

As discussed in Last Analysis As per gann angle chart give below bank nifty is at crucial juncture and a move of 500-800 points is on cards, so traders should look for breakdown below 20400 and breakout above 20750. Bank Nifty made todays low near the gann support line as shown in below chart, Holding the…

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Nifty Technical Structure before Exit Poll Results

FII’s bought 3.9 K contract of Index Future worth 291 cores , 11.4 K Long contract were added by FII’s and 7.4 K short contracts were added by FII’s. Net Open Interest increased  by 18.9 K contract, so fall in market was used by FII’s to enter long and enter short in  Index futures. How Ordinary…


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Bank Nifty Technical Structure before Exit Poll Results

As discussed in Last Analysis Bank Nifty high made today was 20727 exactly near our 1 target of 20721. Now bulls need a close above 20750 for a move towards 20905/21200. Bearish only close below 20400 for a move towards 20200/20000. Bank Nifty traded in narrow range today and unable to break 20750 on upside…

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Trading vs Gambling – The Balance

Trading can be a lot like gambling if you let it be so. Some of the best traders in the world are also great poker players, but there’s a big difference between how you trade and how people gamble. How can trading be gambling? What I’m talking about is the average trader out there that…

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Nifty trade rangebound mode,EOD Analysis

FII’s bought 998 contract of Index Future worth 66 cores , 14 K Long contract were added by FII’s and 13 K short contracts were added by FII’s. Net Open Interest increased  by 27.1 K contract, so fall in market was used by FII’s to enter long and enter short in  Index futures. How Ordinary People…

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Bank Nifty forms Inside Day Pattern,EOD Analysis

As discussed in Last Analysis Bank Nifty high made today was 20727 exactly near our 1 target of 20721. Now bulls need a close above 20750 for a move towards 20905/21200. Bearish only close below 20400 for a move towards 20200/20000. Bank Nifty traded in narrow range today and unable to break 20750 on upside…


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How Ordinary People Became Millionaire Traders

By: Monica Hendrix     In the late eighties I was reading the excellent book “Market Wizards” by Jack Shwager and was fascinated by a story of how ordinary people were taught to trade in just 14 days and went on to make hundreds of millions of dollars. How was it possible? Let’s take a look…


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Nifty rallies 100 points from gann support,EOD Analysis

FII’s sold 5 K contract of Index Future worth 326 cores , 1.3 K Long contract were liquidated by FII’s and 3.7 K short contracts were added by FII’s. Net Open Interest increased  by 2.4 K contract, so rise in market was used by FII’s to exit long and enter short in  Index futures. Key to…

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Bank Nifty does 1 target of ABCD pattern,EOD Analysis

As discussed in Last Analysis If 20500 is held we can see again upmove towards 20750/20800. Weekly close was very dicey as Bulls were not able to close above 20500 and bears below 20450, Bank Nifty is forming a bullish ABCD pattern as shown below so if low of 20420 is held we can see


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Bank Nifty Weekly Forecast ahead of State Election results

Last Week we gave Chopad Level 20920 Bank Nifty gave Short Entry  on Thursday as High made was 20905 did almost 2 target on downside, Low made was 20423. Lets analyze how to trade Bank Nifty as we  approach the crucial week before the election results will be declared on 11 March. Bank Nifty Hourly…

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Nifty Weekly Forecast ahead of State Election results

Last Week we gave Chopad Levels  of 8936, Nifty gave multiple entry in last week  Long Entry  on Monday which got stopped out shorts were rewarded and did 1 target on downside. Longs were triggered again on Wednesday which did 1 target by Thursday and Shorts triggered on Thursday did 1 target on downside.  Lets…

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Nifty Bulls hold to gann angle support,EOD Analysis

FII’s sold 19.9 K contract of Index Future worth 1337 cores , 12.7 K Long contract were liquidated by FII’s and 7.1 K short contracts were added by FII’s. Net Open Interest increased  by 5.5 K contract, so fall in market was used by FII’s to exit long and enter short in  Index futures. Key to…

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Bank Nifty forms Bullish ABCD pattern,EOD Analysis

As discussed in Last Analysis Bank Nifty opened gap up above 20850 and as soon as 20750 was broken moved back towards the lower end of range at 20500 low made was 20517, near the gann support line as shown below, As we have weekly closing tomorrow bulls would try to protect 20500 and bears…


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Key to mastery in Trading

Source There is a Zen story; Zen Masters have loved it tremendously. When you come across it for the first time you will feel puzzled about the story — it is about a master thief. A man was known as a master thief in Japan; he was well-known, famous, all over the country. And, of…


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Nifty bounces holding gann support,EOD Analysis

• FII's bought 12.2 K contract of Index Future worth 874 cores , 3.7 K Long contract were added by FII's and 8.5 K short contracts were added by FII's. Net Open Interest decreased  by 4.7 K contract, so fall in market was used by FII's to enter long and exit short in  Index futures. Learn from Your Trading Mistakes

As discussed in last analysis  Bulls need a fresh close above 8989 for a move towards 9083 which should be very fast. Bearish only on break of 8850.As per our time cycle we got the trending move. High made today was 8992 nifty was unable to sustain above 8989 which is gann angle resistance and gave the fall back to lower end of gann angle as shown in below chart,

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Bank Nifty does 20500,another failed attempt at gann arc,EOD Analysis

As discussed in Last Analysis Bank Nifty did not did our target of 20500 and whipsaw the trade as we went up and close above 20750 thus stoping out trades who were short, As we also failed to close above 20800 so both bulls and bears are in neutral zone. Close above 20850 we need to enter the green arc Bulls can again scale back to 20200/202500. Bearish below 20750 for a move towards 20500/20300. Nifty opened gap up above 20850 and as soon as 20750 was broken moved back towards the lower end of range at 20500 low made was 20517, near the gann support line as shown below, As we have weekly closing tomorrow bulls would try to protect 20500 and bears will need a close below 20450 for further down move, If 20500 is held we can see again upmove towards 20750/20800.  Learn from Your Trading Mistakes

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Will Bank Nifty break gann arc, hit 21000,EOD Analysis

As discussed in Last Analysis Bank Nifty continued to trade below 20750, made low of 20560 still did not meet our target of 20500.Bullish only on close above 20800 for a move towards 21000/21200.  Bank Nifty did not did our target of 20500 and whipsaw the trade as we went up and close above 20750 thus stoping out trades who were short, As we also failed to close above 20800 so both bulls and bears are in neutral zone. Close above 20850 we need to enter the green arc Bulls can again scale back to 20200/202500. Bearish below 20750 for a move towards 20500/20300.

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Nifty bounces holding gann support,EOD Analysis

As discussed in last analysis   Nifty made low of 8867 so bulls holding on to 8850 near the gann angles, as seen in below chart. Hopefully we should get the trending move , If 8850 is held we can see upmove towards 8920/9000. Below 8850 dowmnove towards 8773/8720. Nifty opened gap up and trades who went long as 8850 was protected were rewarded as we did 8920 and high made was 8960. Hopefully we should do 9000 and break the gann arc.

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Learn from Your Trading Mistakes

When trading the markets, most of traders are Wrong than being right. Most of professional trades i have met have a success ratio of 50-55%, ie. They are wrong almost half of the time.  There are many ways to be wrong. You Analysis using the Technical tools goes awry, Market is overbought and showing negative…

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Bank Nifty continue to trade below 20750,EOD Analysis

As discussed in Last Analysis  Bank Nifty finally broke 20750 and made low of 20585, till we trade below 20750 we can see move towards 20500/20300 where the support lies as seen in below chart. Bullish only on close above 20800 for a move towards 21000/212000. Bank Nifty continued to trade below 20750, made low of 20560 still did not meet our target of 20500.Bullish only on close above 20800 for a move towards 21000/21200. How to Learn from Trading Loss

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Harmonic Pattern : IDBI ACC Havells

IDBI

Positional Traders can use the below mentioned levels

Close above 80 Target 84/86

Intraday Traders can use the below mentioned levels

Buy above 79.4 Tgt 

 

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Nifty Bulls Bears fight for 8850, EOD Analysis

• FII's sold 1 K contract of Index Future worth 62 cores , 182 Long contract were liquidated by FII's and 862 short contracts were added by FII's. Net Open Interest increased  by 680 contract, so fall in market was used by FII's to exit long and enter short in  Index futures. How to Learn from Trading Loss

As discussed in last analysis  As seen in below gann angle chart 8860-8850 is important support for the current uptrend and we also have price and time square at 8850, As per time analysis big move is round the corner  8850 is bone of contention between bull and bears if bulls are able to hold 8850 another attempt will be made to capture 9k and march towards new life highs and if bears are able to break 8850 they can see quick

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