Nifty takes support at gann angle,EOD Analysis

• FII's sold 9.7 K contract of Index Future worth 681 cores ,7.7 K  Long contract were added  by FII's and 2 K Short contracts were added by FII's. Net Open Interest decreased  by 5.6 K contract, so fall in market was used by FII's to exit long and enter short in  Index futures. Leadership Principles To Learn From An Eagle

As discussed in last analysis   Nifty continue to struggle around 9367 but held on to 9300 also forming an Inside bar pattern, fresh trades should be taken on move above 9367 for a move till 9424/9468. Bearish below 9274 for a move towards 9220/9180. High made was 9342 and low was 9284 so we did not break 9367/9274 for traders to take positions. As per time cycle 01 May is crucial as it being holiday we should see good move in coming week.

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Bank Nifty continue to face resistance at 22380,EOD Analysis

As discussed in Last Analysis  High made today was 22380 near our target of 22374. So Bank Nifty continue with its uptrend, Now bulls need close above 22380 for a quick move towards 22547  and 22800. Support is in range of 21950-22000 below which we can see quick fall towards 21800/21500. Any close above 22400 will be bullish for next move towards 22800/23200 with minor resistance at 22547. High made today was 22383 so bank nifty facing lot of challenge in crossing our level of 22380, once bulls are able to cross 22383 we can see quick move towards 22547/22559. Range of 22547/22559 is very very crucial range if not crossed we can see the much expected correction. Bullish above 22380 for a move towards 22547/22559,

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Trading Tips

If you are a trend follower then  you must have heard of Ed Seykota. Ed Seykota was first featured in the book “Market Wizards” and has one of the best track record of all time. In one of the accounts he managed, he had a return of 250,000% over a 16 year period. Comparable to the likes of Warren Buffet, George Soros and William J. O’Neil.
Ed Seykota has an Electrical Engineering degree from MIT and is a systematic trader. His trading is largely confined to the few minutes it takes to run his computer program which generates signals for the next day. I’m sure most traders would like a system that does that.
With such an amazing trader around, it makes sense to pay attention whenever he talks. So here are the 39 best things said from the man him self, Ed Seykota.



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Nifty continue to struggle around 9367,EOD Analysis

As discussed in last analysis   Bearish only on close below 9274 for a move till 9216/9180. As per time cycle today's high 9367 and low 9301 are important, break on any side can give move of 120-150 points in next  3 days. Nifty continue to struggle around 9367 but held on to 9300 also forming an Inside bar pattern, fresh trades should be taken on move above 9367 for a move till 9424/9468. Bearish below 9274 for a move towards 9220/9180.   Bank Nifty Overview for May Series

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Bank Nifty Overview for May Series

As discussed in Last Analysis   Bank Nifty continue to hold 22000 and made high of 22276. Levels to watch on upside as per gann analysis 22374/22547. Good Support in range of 21800-21830, till this level is held bullish bias continue. High made today was 22380 near our target of 22374. So Bank Nifty continue with its uptrend, Now bulls need close above 22380 for a quick move towards 22547  and 22800. Support is in range of 21950-22000 below which we can see quick fall towards 21800/21500. Any close above 22400 will be bullish for next move towards 22800/23200 with minor resistance at 22547. How to trade F&O like Professional trader

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How to trade F&O like Professional trader

For years people have swarmed to the Futures markets, hoping to find the holy grail trading system and to get rich overnight. If you really believe there is such a thing as the holy grail trading system, then why don’t more people quit their day jobs in search of this elusive creature? Part of the reason would be because they are smart enough to know it does not exist. Fortunately for Professional traders the dreamers who do believe in a holy grail are plentiful and once one trading account is blown up along comes two or three other dreamers to replace them.
Successful trading requires extensive ongoing education, repetition of what you have learned, a back tested and written trading plan explaining your trading style, risk management rules, a well-capitalized trading account, plenty of free time to analyze the markets both post and pre market, discipline to follow rules and the list goes on.

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Nifty does life high, holding gann angles,EOD Analysis

• FII's sold 10.6 K contract of Index Future worth 804 cores ,20.8 K  Long contract were added  by FII's and 31.4 K Short contracts were added by FII's. Net Open Interest increased  by 52 K contract, so rise in market was used by FII's to enter long and enter short in  Index futures. How to survive as a full time trader

As discussed in last analysis   Now holding 9200 we can march towards new high breaking 9274. Bearish below 9150 for a move towards 9070/9020. So we held on to 9200 as low made was 9250 and made a new all time high 9310, Now bulls are in

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Bank Nifty rallies 600 points holding gann support,EOD Analysis

As discussed in Last Analysis  Now break above 21900 can see quick move towards 22000/22136. Bearish below 21500 for a move towards 21350.  Bank nifty opened with gap up moved above the gann angle and now is heading towards 1 gann resistance of 22136 and above that 22325. Its been 1 way ride above 21600 and we are up 600 points in 2 trading session. Now strong support in range of 21850-884. Below this we can fall towards 21600.  How to survive as a full time trader

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How to survive as a full time trader

There is nothing simple or painless about trading for a living.Its a competitive world out there. You have to compete with FII's,DII's, HNI's , Operators, defeat other gladiators, and not get yourself killed in the process. How much should be your Stock Trading Capital
Here are a few ways to become a better trader and overcome your opponents.

• Face reality- Spend time analyzing what you do and do not have control over. Only then can you focus on the things you can personally affect.

You control your parameters for entries, exits, and position sizing, but you can’t control where the market moves, or the path it takes getting to your targeted price level.
You can’t control the sequence of your wins and losses, but you can control the size of your losses, and the time you spend being right or wrong in a trade.
Internal Audit- Take a hard look at yourself

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Bharat F KSCL Havells Price Time Analysis

Bharat Finance

Positional Traders can use the below mentioned levels

Close above 754 Target 784

Intraday Traders can use the below mentioned levels

Buy above 754 Tgt

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Nifty Weekly Forecast for April Expiry

Last Week we gave Chopad Levels  of 9113, It was a dicey week of trading, Nifty gave Short entry on Tuesday after a volatile move and did the target of 9080 by Tuesday. Long for triggered on Thursday did 1 target on Upside. thus rewarding disciplined Chopad  Traders. Lets see how to trade in coming week as we approach the April Expiry. 

Nifty Hourly Chart

As discussed in last analysis    Bulls need to again hold 9113-9130 for  move towards 9268/9312/9368. Bearish below 9100 for a move towards 9020/8969.

Bulls held on the range on 9113 but failed to do the target of 9268. Bears also failed to give any close below 9100. Coming week 9071 will play crucial role holding the same move towards 9212/9268. Bearish below 9070 for a move till 8998.

Nifty Harmonic

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Bank Nifty Weekly Forecast for April Expiry

Last Week we gave Chopad Level 21620 Bank Nifty  gave Long entry and did 1 target on upside and made high of 21947 missing the 2 target of 22000. Shorts were initiated on Wednesday which did 1 target on downside and missed 2 target of 21350 as low made was 21390. Lets see how to trade in coming week.

Bank Nifty Hourly

As discussed in last analysis For coming week 21450-21500 held we will move towards 22000. Bearish below 21450 for move towards 21250/21000.

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Bank Nifty continue to trade below gann angle,EOD Analysis

As discussed in Last Analysis Bank Nifty opened above 21600 but as soon as 21600 was broken in 1 hour of trading fall started and low made was 21470 near our target of 21480. Till be trade below 21600 we can see a move towards 21350 which is important level both as per gann price theory and gann angles. Bullish above 21700 for a move towards 21900/22111.  High made today was 21558 so bulls were not able to break 21600 and bears continue to made lower low near 21396 near our target of 21350. Bullish only above 21600 for a move till 21750/21900. Below 21350 if we break we can see fast move towards 21150/21000.

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Will Nifty bulls able to give Weekly close above 9150,EOD Analysis

• FII's sold 3.3 K contract of Index Future worth 239 cores ,517  Long contract were liquidated  by FII's and 2.8 K Short contracts were added by FII's. Net Open Interest increased  by 2.2 K contract, so rise in market was used by FII's to exit  long and enter short in  Index futures. TIMELESS STOCK TRADING RULES of WD Gann

As discussed in last analysis Nifty continue to trade below 9150 and made low of 9075 before closing at 9105. Till we are below 9120 bears have upper hand can push nifty towards 9020/8970/8920. Bullish above 9150 for a move towards 9221/9268. High made today was 9143 so still we are below 9150 and bears also unable to close below

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Nifty held on to gann angle,ready for trending move

• FII's sold 1.3 K contract of Index Future worth 79 cores ,503 Long contract were liquidated  by FII's and 802 Short contracts were liquidated  by FII's. Net Open Interest decreased  by 4 K contract, so fall in market was used by FII's to exit  long and exit short in  Index futures. Employ your mind wisely or else it will Employ You

As discussed in last analysis  Low made was 9144 near to our support of 9130, so on monday if 9130-9100 is held which is also near the gann angle support as shown in below chart and with new time cycle starting we can see a good move in nifty in next 1-2 session. We might see price and time squaring which can see change in trend or existing trend showing fast move. Longs can be taken in range of 9120-9130 with 20 point sl for a move towards 9200/9268. Bearish below 9100 for a move towards 9020. Low made today was 9120

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Bank Nifty continue to hold Gann Angle,EOD Analysis

As discussed in Last Analysis  Bank Nifty continue to hold on to its gann angle suggesting bulls are holding the grip. Holding the low of 21600 BUlls can continue to see upmove towards 21800/21920/22000. Bearish on close below 21520 for a move towards 21400/21350/21230. New time cycle is starting from coming week (More Details in Weekly Analysis) so we can see good trending move in next 1-2 days. Low made today was 21576 so bulls again held on to gann angle as shown in below chart suggesting game is on for the move towards 21800/21920/22111. Bearish below 21520 for a move towards 21400/21250.  TIMELESS STOCK TRADING RULES of WD Gann

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TIMELESS STOCK TRADING RULES of WD Gann

No One Owes You Anything
You must succeed on your own. It is all up to you. The markets, stockbrokers, brokerage firms, news letters don’t owe you anything. Gann never took anyone’s newsletter. He did it all himself. The markets are there to provide you a service for buying and selling the markets you are trading. They really don’t care that you make money. The markets are there for the brokerage fees. The more you trade, the more money the brokerage firms and exchanges make. You must be knowledgeable of a reliable trading method that you can use to extract money from these markets. This method must be able to help you understand the price structure of the markets in regards to time and price movement.
Plan You’re Way to Profit
when you enter a trade you should have a figured a game plan for both the entry and exit of the trade. The plan should be definite and not subject to changes to your psychology during market hours. Gann knew exactly what he was doing all the time. You should have a stop in the market at all times,

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Voltas VEDL KSCL Price Time Analysis

Voltas

Positional Traders can use the below mentioned levels

Close above 406 Target 416/424

Intraday Traders can use the below mentioned levels

Buy above 406 Tgt

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Bank Nifty Weekly Forecast for 17-21 April

Last Week we gave Chopad Level 21510 Bank Nifty  gave Long entry chopad followers  and did 1 target on Upside .  Lets Analyze how to trade Bank Nifty in coming week.

Bank Nifty Hourly

As discussed in last analysis Coming week 21350 needs to be hold for a move till 21800/22000. Below 21350 fall till 21200/21000
21800 done now for coming week

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Nifty approaching the gann support zone, Will it Bounce?

• FII's bought 2 K contract of Index Future worth 146 cores ,1 K Long contract were liquidated  by FII's and 3 K Short contracts were liquidated  by FII's. Net Open Interest decreased  by 4 K contract, so fall in market was used by FII's to exit  long and exit short in  Index futures. Employ your mind wisely or else it will Employ You

As discussed in last analysis  It was day of whipsaw with nifty doing a volatile move but traders falling the gann analysis were safe as we did not break 9268 on upside high made was 9246 and low made was 9161 so we did not break 9130 on downside.  Plan remains the same long above 9268 for a move towards 9312/9368 and bearish below 9130 for a move till 8969/8920. Low made was 9144 near to our support of 9130, so on monday if 9130-9100 is held which is also near the gann angle support as shown in below chart and with new time cycle starting we can see a good move

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Bank Nifty hold to gann angle with new time cycle approaching

As discussed in Last Analysis  Bank Nifty made low of  21551 so bulls held on to 21500 in today's correction so we can continue the upmove towards 21850/21990 as we have weekly closing tomorrow, Friday being an holiday. Bearish below 21500 for a move towards 21400/21350. Bank Nifty continue to hold on to its gann angle suggesting bulls are holding the grip. Holding the low of 21600 BUlls can continue to see upmove towards 21800/21920/22000. Bearish on close below 21520 for a move towards 21400/21350/21230. New time cycle is starting from coming week (More Details in Weekly Analysis) so we can see good trending move in next 1-2 days. Employ your mind wisely or else it will Employ You

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How to Avoid the Trading Inconsistently

Have you ever experienced a trading InConsistently ? Inconsistent Trading  is the cycle of successfully making money for a certain period of time, and then becoming overconfident and careless, which usually leads to losing trades.

Most of traders at certain point of time has gone through the cycle of Inconsistent  trading. In fact, we experience the similar ups and downs in everyday activities such as sticking to a diet, maintaining personal relationships, and even in sports training.
In trading, when you are “up” and winning trades, you easily become wrapped up in your results. Your string of winning trades can make you overconfident, which can tempt you to start cutting corners and stop doing

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Can Retail traders make money in Stock market?

Amateur retail traders tend to think that the professional trader or Institutional investor have some sort of secret knowledge/system that enables them to make huge profit in trading. However, the difference between a retail traders trying to make consistent profit  and a professional traders zeros down to the trading mindset and trading psychology.The difference between…



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Bank Nifty continue to hold 21500,EOD Analysis

As discussed in Last Analysis  Bank Nifty did the target of 21700 as we are expecting as it took support at gann angles and also closed above the 21500 and traders were able to capture today's trending move. Now bulls need to hold to 21500 level for next move towards 21950-22000. Bearish on close below 21400. Bank Nifty made low of  21551 so bulls held on to 21500 in today's correction so we can continue the upmove towards 21850/21990 as we have weekly closing tomorrow, Friday being an holiday. Bearish below 21500 for a move towards 21400/21350 Secret of Successful Traders :Be Imperfect

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Glenmark IRB HDFC Bank Cloud Analysis

Glenmark

Positional Traders can use the below mentioned levels

Close above 879 Target 898

Intraday Traders can use the below mentioned levels

Buy above 877 Tgt 880,

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Nifty heading towards life high,EOD Analysis

• FII's sold 1.5 K contract of Index Future worth 166 cores ,1.7 K Long contract were liquidated by FII's and 249  Short contracts were liquidated by FII's. Net Open Interest decreased  by 2 K contract, so rise in market was used by FII's to exit  long and exit short in  Index futures. Secret of Successful Traders :Be Imperfect

As discussed in last analysis  Bullish only on close above 9268. Low made was 9174 nifty has strong support in range of 9140-9150, holding the same we can bounce back till 9268 and below 9130 can see move towards 9070-9020. Low made was 9172 so bears were unable to push nifty towards the zone of 9150-9130 and bounced before that only, Bulls need a close above 9268 gann angle resistance for a next move towards 9368/9420.

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Bank Nifty hit life high holding gann angle,EOD Analysis

• As discussed in Last Analysis  Bank Nifty bounced from the gann angle support low made today was again 21396  and closed above 21500 suggesting bulls used gann angle support of 21397 to bounce back, Now holding above 21500 we can see move towards 21620/21700. Bearish below 21390 for a move towards 21250/21100. Bank Nifty did the target of 21700 as we are expecting as it took support at gann angles and also closed above the 21500 and traders were able to capture today's trending move. Now bulls need to hold to 21500 level for next move towards 21950-22000. Bearish on close below 21400. Secret of Successful Traders :Be Imperfect
  

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Bank Nifty Bounces from Gann Support zone,EOD Analysis

As discussed in Last Analysis    High made today was 21616 and low was 21397 so bulls break the 21500 and saw a quick fall towards 21397 which is gann angle support as seen in below chart, Any close below 21397 we can see fall towards 21220. Bullish above 21500 for a move towards 21700.  Bank Nifty bounced from the gann angle support low made today was again 21396  and closed above 21500 suggesting bulls used gann angle support of 21397 to bounce back, Now holding above 21500 we can see move towards 21620/21700. Bearish below 21390 for a move towards 21250/21100 Traders Success Model

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Gann price and time trading: BHEL Amar Raja Tata Steel

Amar Raja

Positional Traders can use the below mentioned levels

Close above 898 Target 932/953

Intraday Traders can use the below mentioned levels

Buy above 895 Tgt

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Nifty Weekly Forecast for 10-13 April

Last Week we gave Chopad Levels  of 9166, Nifty did not give any entry as Chopad was not triggered as Market opened gap up on Monday.Lets see how to trade in coming week as we have holiday on 14 April.

Nifty Hourly Chart

As discussed in last analysis  Now for coming week break of 9200 can see fast move towards 9268/9312/9368. Bearish below 9130 for a move towards 9060/8992

9274 high made and came down. Now for

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Bank Nifty Weekly Forecast for 10-13 April

Last Week we gave Chopad Level 21500 Bank Nifty  gave Long entry chopad followers  and did 1 target on Upside.  Lets Analyze how to trade Nifty in coming week.

Bank Nifty Hourly

Coming week 21350 needs to be hold for a move till..

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Nifty sees small correction unable to close above gann angle,EOD Analysis

• FII's sold 6.9 K contract of Index Future worth 508 cores ,2.2 K Long contract were liquidated by FII's and 4.6 K Short contracts were added by FII's. Net Open Interest increased  by 2.3 K contract, so fall in market was used by FII's to exit  long and enter short in  Index futures. Keep Mind Where You Are

As discussed in last analysis    High made today was 9268 again near the gann angles, and low made was 9218 so we made an INSIDE Bar candle today, Now plan remains the same buy above 9268 for a move towards 9312/9360/9410. Bearish below 9200 for a move towards 9130/9030. Nifty continue to trade below the gann angle as high made

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Bank Nifty close below 21500,EOD Analysis

As discussed in Last Analysis   The more time we spend in this range of 200 points better and mature the breakout will be. Plan remains the same Buy  above 21700 for a move towards 21797/21900.Bearish below 21500 for a move towards 21330/21150. High made today was 21616 and low was 21397 so bulls break the 21500 and saw a quick fall towards 21397 which is gann angle support as seen in below chart, Any close below 21397 we can see fall towards 21220. Bullish above 21500 for a move towards 21700.  Keep Mind Where You Are

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Nifty forms Inside Bar near gann angle,EOD Analysis

• FII's sold 13.2 K contract of Index Future worth 927 cores ,9.2 K Long contract were added by FII's and 4 K Short contracts were liquidated by FII's. Net Open Interest decreased  by 5.2 K contract, so fall in market was used by FII's to exit  long and enter short in  Index futures. Mastering the Mental Game

As discussed in last analysis    Now bulls need to close above 9268 above the gann angle as shown in below chart  for next move towards 9312/9360/9410. Bearish below 9160 for a move towards 9130 and 9050. As per time analysis 13-14 April are major trend change dates so we can continue uptrend till we hold on to 9200. High made today

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Bank Nifty continues to trade in range,EOD Analysis

As discussed in Last Analysis    Bulls need to cross above 21700 which is gann angle resistance as shown in below chart. Strong support in range of 21330-21374 and till we are trading below 21500 bears can see move till 21330. Bullish only on close above 21700. High made today was 21674 and low made was 21488 dip which came just after policy  so bank nifty traded on border line of both bulls and bears after the RBI Policy. The move time we spend in this range of 200 points better and mature the breakout will be. Plan remains the same Buy  above 21700 for a move towards 21797/21900.Bearish below 21500 for a move towards 21330/21150. Scalpers can trade the range buy low sell higher.  Mastering the Mental Game

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How to Maintain Control and Discipline in Your Trading

If as a TRADER you want to have disciplined and profitable trading, The Core Concept you need to Understand is

As a Trader you  do not have any control on the market.

Nil Control on Market

You've either figured out or you will figure out the fact that not much at all remains under your control as a trader. Dealing with an endless set of variables using a mind that's geared by nature to defining constants is a tough task.  Most of traders focus on Returns and not focusing on the process of trading.

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Bank Nifty unable to close above Gann Angle,EOD Analysis

As discussed in Last Analysis   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. High made today was 21565 and low made was 21409 so as soon 21500 was broken bulls were on backhand and bears moved till 21409 near our target of 21400. Bulls need to cross above 21700 which is gann angle resistance as shown in below chart. Strong support in range of 21330-21374 and till we are trading below 21500 bears can see move till 21330. Bullish only on close above 21700.

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Nifty does 9245 holding gann angle,EOD Analysis

• FII's sold 1230 contract of Index Future worth 99 cores ,2 K Long contract were liquidated by FII's and 798 Short contracts were liquidated by FII's. Net Open Interest decreased  by 2.8 K contract, so rise in market was used by FII's to exit long and exit short in  Index futures. Is THIS Holding You Back?

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. Nifty continued to trade above 9130 and have given the highest weekly monthly and quarterly closing.  Now bulls should protect 9130 for a move towards 9216/9268/9350. Bearish below 9100 for a move towards 9030/8969. High made today was 9245 so we did 9216 and also moved towards our next target of 9268. Todays high is near gann angle and we need to close above it for a move towards 9312/9368


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Breakout Stock: BEML ACC Hexaware

BEML

Positional Traders can use the below mentioned levels

Close above 1364 Target 1420/1453

Intraday Traders can use the below mentioned levels

Buy above 1365 Tgt

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Nifty gives highest Quarterly closing,EOD Analysis

Bank Nifty Weekly Forecast for New Financial Year

Last Week we gave Chopad Level 21156 Bank Nifty  gave perfect short  entry chopad followers  and did 1 target on downside. Long triggered on Tuesday did all 3 target on upside thus rewarding disciplined Chopad followers . Lets Analyze how to trade Nifty as we are approach the New Financial Year. Trading Resolution for Financial Year 2017-18

Bank Nifty Hourly

As discussed in last analysis Bank Nifty  bounced from the lower end of channel suggesting 20750 will remain strong support and rally can extend towards 21500.  Below 20750 can fall till 20500/20300.
Low made 20979 and rallied till 21696,

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Trading Resolution for Financial Year 2017-18

As the finale of 2016 approaches, we are each presented with an opportunity to reflect back while looking towards the future. The dawning of a new year is the perfect time to set new goals and embark down uncharted paths. Now is the time to plan your Resolution. What are our top trading resolutions for…


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Bank Nifty corrects from Gann Angle Resistance,EOD Analysis

As discussed in Last Analysis   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. High made today was 21574 and low made was 21414 so as soon 21500 was broken bulls were on backhand and bears moved till 21414 near our target of 21400. Bulls need to cross above 21700 which is gann angle resistance as shown in below chart. Strong support in range of 21330-21374 and till we are trading below 21500 bears can see move till 21330. Bullish only on close above 21700.  Is THIS Holding You Back?

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