Tuesday, May 30

Bank Nifty Daily Analysis as we approach Monthly closing

As discussed in Last Analysis    Bank Nifty failed to close above 23300, but managed to hold the gann angle where it did breakout, holding the same attempt will be made to move towards 23300/23600. Bearish below 22900 for a move towards 22740/22500. Bank Nifty continue to hold on to its gann angle level as shown in below chart and bounced and made the high of 23337 and closed above 23000. So Bulls bounced from gann angle and also closed above 23300 suggesting we can see a rally towards 23500-23600. Bearish below 22900 only. As we approach the monthly closing tomorrow which is also gann pressure date good move can be seen in next 2 days.   How I Deal with Trading Losses
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Nifty Daily Analysis as we approach Monthly closing

  • FII's bought 693 contract of Index Future worth 36 cores ,2.9 K Long contract were added by FII's and 2.3 K Short contracts were added by FII's. Net Open Interest increased  by 5.3 K contract, so rise in market was used by FII's to enter long and enter short in  Index futures. FII's Long to Short Ratio at 5.4 How I Deal with Trading Losses
As discussed in last analysis   Bulls need close above 9610 for the next upmove. Bears need close below 9500 in between pingpong move will continue. Finally we have close above 9610 but still unable to close firmly above the gann angle as shown in below chart. As we have monthly close tomorrow bulls have upper hand, above 9637 we can
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Sunday, May 28

Bank Nifty Weekly Forecast for 29 May-02 June

Last Week we gave Chopad Level 22820  Bank Nifty gave Short on Monday which did 2  Chopad Target  thus rewarding disciplined Chopad  Traders, Longs on Thursday rewarded chopad followers again as did 3 target on upside.  Lets see how to trade in coming week as we approach the last week of May month.

Bank Nifty Hourly



As discussed in last analysis Coming week 22650 will play crucial role, close above it move towards 23111/23484. Bearish below 22600 move towards 22450/22222/22000.
Both target done on downside and upside.

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Nifty Weekly Forecast for 29 May-02 June

Last Week we gave Chopad Levels  of 9407,  Nifty gave Short on Monday which did 1  Chopad Target  thus rewarding disciplined Chopad  Traders, Longs on Thursday rewarded chopad followers again as did 2 target on upside.  Lets see how to trade in coming week as we approach the last week of May month.

Nifty Hourly Chart


As discussed in last analysis   Now for coming week above 9460 another upmove towards 9550/9584/9636. Bearish below 9390 for a move towards 9300/9240
Bearish trade got stopped out failed

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Bank Nifty close above the Gann Angle,EOD Analysis

As discussed in Last Analysis  Low made today was 22570 and as soon as 2274o was broken the big move started with leap and bounds and did the both target 22900/23110.From June Series perceptive bank nifty bulls need a close above 23300 for the next move towards 24100. Bearish below 22900 for a move towards 22500. Bank Nifty closed above 23300 suggesting bulls are having upper hand and can push bank nifty all the way till 23600/23800/24000. Bearish below 22900 only.  Treat your parents with loving care

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Nifty does 9600 above 9410,EOD Analysis

  • FII's bought 11 K contract of Index Future worth 884 cores ,1 K Long contract were liquidated by FII's and 12.1 K Short contracts were liquidated by FII's. Net Open Interest increased  by 13.2 K contract, so rise in market was used by FII's to exit long and exit short in  Index futures. FII's Long to Short Ratio has risen dramatically towards 5.7 highest in recent times Using INVERSION to be a better Trader ?
As discussed in last analysis   Now Bulls need a close above 9530 for next moved towards 9610/9666. Bearish below 9460 for a moved towards 9410/9370. High made was 9604 so bulls almost did the target of 9610 as soon as we moved above 9530.

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Using INVERSION to be a better Trader ?

The ancient Stoic philosophers like Marcus Aurelius, Seneca, and Epictetus regularly conducted an exercise known as a premeditatio malorum, which translates to a “premeditation of evils.”
The goal of this exercise was to envision the negative things that could happen in life. For example, the Stoics would imagine what it would be like to lose their job and become homeless or to suffer an injury and become paralyzed or to have their reputation ruined and lose their status in society.
The Stoics believed that by imagining the worst case scenario ahead of time, they could overcome their fears of negative experiences and make better plans to prevent them.
While most people were focused on how they could achieve success, the Stoics also considered how they would manage failure. What would things l

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Friday, May 26

Auro Pharma PFC Bharat Finance Price Time Analysis

Aurobindo Pharma

 

Positional Traders can use the below mentioned levels

Close above 529 Target 555/576

Intraday Traders can use the below mentioned levels

Buy above 526 Tgt


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Thursday, May 25

Nifty does 9520 above 9410 in impulsive manner

As discussed in last analysis   Nifty opened at 9410, made high of 9431 but it triggered the sl for traders who went long but shorts are active as we again closed below 9390 so we can go towards the target of 9320/9280. Bullish on close above 9410 for a move towards 9460/9530. Nifty failed to do 9320 but once it moved above 9410 bulls were having upper hand and pushed index to do both target 9460/9530 high made was 9523. Now Bulls need a close above 9530 for next moved towards 9610/9666. Bearish below 9460 for a moved towards 9410/9370  Bank Nifty hits 23250 Holding 22740, What to expect in June Series

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Bank Nifty hits 23250 Holding 22740, What to expect in June Series

As discussed in Last Analysis  Bullish above 22740 for a move towards 22900/23110.   Bank Nifty opened above 22600 made high of 22674 so failed to move near 22740 but as soon as 22600 was broken bears moved towards our target of 22450 low made was 22470, Now close below 22450 we can see fast move towards 22350/22180/22000. Low made today was 22570 and as soon as 2274o was broken the big move started with leap and bounds and did the both target 22900/23110.From June Series perceptive bank nifty bulls need a close above 23300 for the next move towards 24100. Bearish below 22900 for a move towards 22500.   Money is a Lot Like Water
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Wednesday, May 24

Bank Nifty Technical Analysis for May Expiry

As discussed in Last Analysis  Below 22600 we can see down move towards 22450, Below 22450 we can see fast fall towards 22180/22000 . Bullish above 22740 for a move towards 22900/23110.   Bank Nifty opened above 22600 made high of 22674 so failed to move near 22740 but as soon as 22600 was broken bears moved towards our target of 22450 low made was 22470, Now close below 22450 we can see fast move towards 22350/22180/22000  Money is a Lot Like Water

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Nifty Technical Analysis for May Expiry

  • FII's bought 2.3 K contract of Index Future worth 230 cores ,21.9 K Long contract were added by FII's and 19.5 K Short contracts were added by FII's. Net Open Interest increased  by 41.5 K contract, so fall in market was used by FII's to enter  long and enter short in  Index futures. Money is a Lot Like Water
As discussed in last analysis   Nifty broke 9390 made low of 9370 and closed below 9390 also below gann angle as shown in below chart, Unable to close above it we can see down move till 9320/9288. Bullish above 9410 for a move towards 9460/9530. Nifty opened at 9410, made high of 9431 but it triggered the sl for traders who went long but shorts are active as we again closed below 9390 so we can go towards the target of 9320/9280.
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Monday, May 22

Nifty ready for trending move, EOD Analysis

  • FII's sold 1 K contract of Index Future worth 78 cores ,9.9 K Long contract were added by FII's and 10.9 K Short contracts were added by FII's. Net Open Interest increased  by 20.8 K contract, so rise in market was used by FII's to enter long and enter short in  Index futures. Money is a Lot Like Water
As discussed in last analysis  Low made was 9390.75 exactly the level we were expecting also shown in below chart and than we saw a small pullback till 9435 which can get extended to 9500/9530/9575 till 9390 is protected on downside. High made today was 9498 so bulls did the 1 tgt of 9500 above 9390, till 9390 is held bulls can see move till 9500/9530/9575. Bearish below 9390 for a move towards 9320/9270. Expect a good move in next 2 days.
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Bank Nifty Bulls Bear in tug of war at gann angle

As discussed in Last Analysis   Bulls above 22800 can see next move towards 22940/23110. Bearish below 22600 only, As per time analysis expect a trending move in next 2 days. Bank Nifty opened gap up above 20800 and made high of 22918 not giving opportunity to bulls to enter, bears also were not able to break 20600 near the gann angle support so we remain in the range. Bears below 20600 can push bank nifty towards 20450/20300. Bullish above 22740 for a move towards 22900/23110.   Money is a Lot Like Water
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Bank Nifty Weekly Forecast for 22-26 May

Last Week we gave Chopad Level 22720 Bank Nifty gave long entry on Monday which did the 2 chopad target high made was 22979 and our target of 22980, Shorts on 18 were stopped out. Lets see how to trade bank nifty in coming week.

Bank Nifty Hourly



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Sunday, May 21

Nifty Weekly Forecast for 22-26 May

Last Week we gave Chopad Levels  of 9407,  Nifty gave long on Monday which made high of 9532 by Wednesday near our Chopad Target  thus rewarding disciplined Chopad  Traders,Also the 100 point fall we saw on 18 May was on Gann Turn date as we discussed. Lets see how to trade in coming week as…


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Saturday, May 20

Bank Nifty continue to hold gann angle in volatile move

As discussed in Last Analysis   Low made today was 22660 and close was at 22700 so bulls were able to hold the low of gann angles, holding the same we can bounce back towards 22820/22940/23110. Bearish below 22600 for a move towards 22500/22350. Bank Nifty made high of 22900 doing our target as discussed. Also Low made was 22628, so bulls were able to protect 22600 and close above 22700 suggesting bulls are still in game as bank nifty holding on to gann angles, Bulls above 22800 can see next move towards 22940/23110. Bearish below 22600 only, As per time analysis expect a trending move in next 2 days. Money is a Lot Like Water

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Thursday, May 18

Will Nifty bulls protect 9390 zone for a bounce back ?

  • FII's sold 2 K contract of Index Future worth 140 cores ,2.2 K Long contract were liquidated by FII's and 218 Short contracts were liquidated by FII's. Net Open Interest increased  by 2.5 K contract, so fall in market was used by FII's to exit long and exit short in  Index futures. Why Do Traders Lose Money Part -I?
As discussed in last analysis  Now bulls should hold the range of 9450-60 range for  a move towards 9590 which is major zone of resistance, Bearish below 9368 only. Nifty Bulls were unable to hold on to support of 9450, now heading towards major support

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Bank Nifty holds the gann angle, Will it bounce again ?

As discussed in Last Analysis    Bulls need a close above 22940 for next move towards 23110. Strong support in range of 22680-22700. Bearish on close below 22600 for a move towards 22450/22300. Low made today was 22660 and close was at 22700 so bulls were able to hold the low of gann angles, holding the same we can bounce back towards 22820/22940/23110. Bearish below 22600 for a move towards 22500/22350. Why Do Traders Lose Money Part -I?

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Bharat Finance Bharti Airtel REC Darvas Box Analysis

Bharat Finance

Positional Traders can use the below mentioned levels

Close above 785 Target 820/841

Intraday Traders can use the below mentioned levels

Buy above 785 Tgt


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Will Nifty Bulls be able to protect 9460 ?

  • FII's bought 119 contract of Index Future worth 7 cores ,3.9 K Long contract were added by FII's and 3.8 K  Short contracts were added by FII's. Net Open Interest increased  by 7.8 K contract, so rise in market was used by FII's to enter long and enter short in  Index futures. Why Do Traders Lose Money Part -I?
As discussed in last analysis  Nifty did range breakout once 9460 was broken and moved towards the first target of 9529 and 9590. Time Analysis again favored bulls. Bearish below 9368 only. Nifty continue to hold 9460 and made a new life high and in process did our target of 9529, high made was 9532. Now bulls should hold the range of 9450-60 range for  a move towards 9590 which is major zone of resistance, Bearish below 9368 only.
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Will Bank Nifty Bulls we able to protect 22700 ?


As discussed in Last Analysis Now moving forward holding 22800 can move towards 23110. Bearish below 22500 only. Low made today was 22830 and high made was 22978 so bulls held on to 22800 and rallied back towards 22935 but were unable to close above 22940 again, Bulls need a close above 22940 for next move towards 23110.



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Tuesday, May 16

Nifty bounce from lower end of range to higher end


  • FII's sold 1.6 K contract of Index Future worth 117 cores ,1.1 K Long contract were liquidated by FII's and 485  Short contracts were added by FII's. Net Open Interest decreased  by 656 contract, so rise in market was used by FII's to exit long and enter short in  Index futures. Lesson a TRADER can learn from ANT
As discussed in last analysis   Nifty made high of 9450 almost doing our target of 9459, now we should see some consolidation in market in range of 9368-9460 for the next round of up move towards 9559. Bearish below 9310 only.  Low made was 9372 and High made was 9437 so nifty continue to trade in range of  9368-9460, Now bulls needs to break 9460 for next round of upmove towards 9529/9600. and bears need to break 9368 for a fall towards 9310/9256.  High made today was 9449 and low made was 9423 so nifty continued to trade in
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Bank Nifty bounces 300 points from gann support,EOD Analysis

As discussed in Last Analysis  Bank Nifty finally closed below 22700 suggesting bulls are near the gann angle support holding the same we can again see an upmove towards 23000/23110.Bearish below 22500 for a move towards 22350/22100. Bank Nifty again bounced from gann support low made today was 22730 bulls were on front foot as we are above 22700 and we made high of 22891 so bulls were able to capture the move and now waiting for 22940/23110. Bearish below 22500 only.   Lesson a TRADER can learn from ANT

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Sun Pharma Axis Bank Bank Baroda Trading Overview

Sun Pharma

 

Positional Traders can use the below mentioned levels

Close above 655  Target 677

Intraday Traders can use the below mentioned levels

Buy above 655 Tgt


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Monday, May 15

IBR Adani Ports Bata India Gann Price and Time Analysis

IBR

 

 

Positional Traders can use the below mentioned levels

Close above 172 Target 176/183

Intraday Traders can use the below mentioned levels

Buy above 172 Tgt



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Sunday, May 14

Bank Nifty Weekly Forecast for 15-19 May

Last Week we gave Chopad Level 22500 Bank Nifty did not give entry as 22500 did not come last week, Lets see how to trade in coming week.

Bank Nifty Hourly



As discussed in last analysis Now for coming week 22500 will play crucial role holding the same move towards 23000 below its 22111.
22977 done now again 22700 will
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Saturday, May 13

Will Nifty Bulls able to hold 9368, EOD Analysis

  • FII's sold 13 K contract of Index Future worth 916 cores ,5.5 K Long contract were liquidated by FII's and 7.5 K  Short contracts were added by FII's. Net Open Interest increased  by 2 K contract, so fall in market was used by FII's to exit long and enter short in  Index futures. Lesson a TRADER can learn from ANT
As discussed in last analysis   Nifty made high of 9450 almost doing our target of 9459, now we should see some consolidation in market in range of 9368-9460

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Bank Nifty near gann angle support, Will It Bounce Again ?

As discussed in Last Analysis    Bank Nifty made high of 22977 doing our target of 22940 and now holding 20700 we can move towards 23110.Bearish only below 22500. Hope traders are njoying this wonderful ride we are having in market. Dance till the music lasts. Bank Nifty finally closed below 22700 suggesting bulls are near the gann angle support holding the same we can again see an upmove towards 23000/23110.Bearish below 22500 for a move towards 22350/22100   Lesson a TRADER can learn from ANT
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Thursday, May 11

Nifty does 9450 above 9368, EOD Analysis

  • FII's sold 1.6 K contract of Index Future worth 154 cores ,4.6 K Long contract were added by FII's and 6.2 K  Short contracts were added by FII's. Net Open Interest increased  by 10.8 K contract, so rise in market was used by FII's to enter long and enter short in  Index futures. How to maintain high level of energy during Trading Hours
As discussed in last analysis    Nifty gave the trending move as we were expecting  as per time cycle and in process broke 9368 and moved towards 1 target of 9425 high made was 9414 and now mostly 9425 will be done tomorrow. Above 9425 next target are 9460/9559. Bearish below 9310 only. Nifty made high of 9450 almost doing our target of 9559, now we
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Bank Nifty does 22940,EOD Analysis

As discussed in Last Analysis   Bank Nifty opened gap up as it closed above 22700 yesterday but did not gave the big move we were expecting as high made was 22860 still not near our target of 22940/23110. Bulls are in control till we trade above 22700, bears below 22500 only. Bank Nifty made high of 22977 doing our target of 22940 and now holding 20700 we can move towards 23110.Bearish only below 22500. Hope traders are njoying this wonderful ride we are having in market. Dance till the music lasts.  How to maintain high level of energy during Trading Hours

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Wednesday, May 10

Bank Nifty Hits new life high holding 22700

As discussed in Last Analysis   Holding 22700 bulls are in control for a move till 22940/23104. Bearish below 22500 for a move towards 22350/22115.Big move can be seen in next 1-2 days based on time cycle analysis. Bank Nifty opened gap up as it closed above 22700 yesterday but did not gave the big move we were expecting as high made was 22860 still not near our target of 22940/23110. Bulls are in control till we trade above 22700, bears below 22500 only.  How to maintain high level of energy during Trading Hours

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How to maintain high level of energy during Trading Hours

Source During my interaction in trading session, Many traders complained they feel exhausted,loss of energy during trading hours,and when opportunity comes are unable to capitalize over a rewarding  trade. Today we will discuss above how to maintain high level of energy during trading hours. Top traders are able to maintain high energy throughout the whole…

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Tuesday, May 9

Bank Nifty ready for big move,EOD Analysis

As discussed in Last Analysis   Now bulls need to hold 22700 for a move towards 22940/23104.Bearish only on close below 22500. High made today was 22835 and low made was 22664 so bulls again were able to close above 22700, but still not doing the target of 22940, Holding 22700 bulls are in control for a move till 22940/23104. Bearish below 22500 for a move towards 22350/22115.Big move can be seen in next 1-2 days based on time cycle analysis. Should I trade or not ?

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Should I trade or not ?

Results season is in full swings and stocks whose results will be coming  are going to be volatile. Most of traders will be lured by the idea if one trade goes right i can make big money but one wrong trade can wipe off also.
In trading activity alone does not make money, the right activity at the right time is what makes money. Many times the right thing, is to do nothing.
In your actual trading you have to do four things very well to make money.

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Monday, May 8

Bank Nifty again bounce from Gann Angle,EOD Analysis

As discussed in Last Analysis   Bulls failed to close above 22700, Bearish below 22500 for a move towards 22350/22115. Bullish above 22700 for a move towards 22940/23000. Bank Nifty again bounced back from the 22500 which was both gann angle and gann price support zone, High made today was 22835 so as soon as we moved above 22700 bulls were in control, now bulls need to hold 22700 for a move towards 22940/23104.Bearish only on close below 22500.  Is It possible to Trade without emotion

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Sunday, May 7

Bank Nifty Weekly Trend Analysis - Next Week Trend Targets

Last Week we gave Chopad Level 22400 Bank Nifty gave short entry on Tuesday@22400 made low of 22240 missed our 1 target of 22220 by 20 points, Bank Nifty opened gap up on Thursday gave long entry and rallied till 22850 in process doing 1 target on upside but failed to reach the 2 target of 22910 but still rewarding disciplined Chopad followers.Lets see how to trade in coming week.

Bank Nifty Hourly



As discussed in last analysis Now bulls holding 22222 can see move towards 22500/22800.
Low made was 22240 and bounced 600 points to

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Nifty Weekly Trend Analysis - Next Week Trend Targets

Last Week we gave Chopad Levels  of 9326,  Nifty gave multiple entry on both long and short side which hit the SL, Shorts which got triggered on Friday did 1 target on downside made low of 9070,  thus rewarding disciplined Chopad  Traders. Lets see how to trade in coming week.

Nifty Hourly Chart


As discussed in last analysis   Coming week 9274 will play crucial role holding the same move back to 9368/9424/9468. Bearish below 9274 for move till 9220/9170/9120.
9368 done. Coming week 9274
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Nifty continue to trade in range 9367-9270


  • FII's sold 14.5 K contract of Index Future worth 1088 cores ,10.9 K  Long contract were liquidated by FII's and 3.6  Short contracts were added by FII's. Net Open Interest decreased  by 7.1 K contract, so fall in market was used by FII's to exit long and enter short in  Index futures. Is It possible to Trade without emotion
As discussed in last analysis   So even though we held on the gann angle but still unable to break the range of 9274-9367. Trend trades still on sidelines range trades making merry. Breakout above 9367 for a move towards 9424/9462. Nifty made a fresh life high at 9377 which got immediately sold off towards the lower end of range at 9270, So we continue to trade in range of 9367-9270 near gann angle support suggesting both bulls and bears are
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Will Bank Nifty Bulls hold 21500 for another rally ?

As discussed in Last Analysis   Holding 22700 we can see up move towards 22940/23330. Bearish below 22500 for a move towards 22350/22200. Bank Nifty again opened with gap made high of 22853 and corrected all the way till 22514, holding 22500 gann angle support as shown below. Bulls failed to close above 22700, Bearish below 22500 for a move towards 22350/22115. Bullish above 22700 for a move towards 22940/22000.   Is It possible to Trade without emotion
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Saturday, May 6

Is It possible to Trade without emotion

The reality is that you could not trade without emotion, and when you understand this and the role that emotions play in your decision making you would not want to trade without emotions.
For this you need to understand How your Brain Works
The main ‘controllers’ of emotional memories in our brains are the amygdala and the hippocampus.The hippocampus plays a major role in the forming and storing of memories whereas the amygdala is the controller of our emotions.
You need an emotional factor in decision

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Thursday, May 4

Nifty bounces from gann support,EOD Analysis

  • FII's sold  6.9 K contract of Index Future worth 439 cores ,1.9 K  Long contract were added by FII's and 4.9 Short contracts were added by FII's. Net Open Interest increased  by 2.9 K contract, so rise in market was used by FII's to enter long and enter short in  Index futures. Trading Sins
As discussed in last analysis   So nifty continue to trade in range of 9367-9274, and in the process took support near gann angles from last 3 trading days, Best strategy to trade this market buy low and sell high till we see range breakout/breakdown. Trend traders should wait for range expansion above 9367 or below 9274 for taking fresh trades. High made today was
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Bank Nifty does 250 points above 22500,EOD Analysis

As discussed in Last Analysis   So bank nifty continue to trade in the range we discussed 22180-22500, trend trades sit on sidelines till range in broken, scalpers buy low sell high till range in broken.  Bank Nifty opened with gap up 22618 but came down to touch the breakout zone made low of 22450 and zoomed above 22500 for 250 points move as high made was 22743. Holding 22700 we can see up move towards 22940/23330. Bearish below 22500 for a move towards 22350/22200 Trading Sins

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Wednesday, May 3

Bank Nifty continue its range play,EOD Analysis

As discussed in Last Analysis  As discussed 22547-559 range which is gann resistance level as per below charts, needs to be crossed for a fast rise towards 22800/22900 range. Bearish only on close below 22180. So bank nifty can keep playing the range of 22180-22500 before a move of another 300-400 points. High made today was 22449 and low made was 22280 so bank nifty continue to trade in the range we discussed 22180-22500, trend trades sit on sidelines till range in broken, scalpers buy low sell high till range in broken.   Trading Sins

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Trading Sins

Being a Greedy and Carefree

Most traders are no different from gamblers at the casino; they are all just chasing the ‘big win’. It’s an addictive game that gets in your blood and doesn’t get out until you  blow off your trading account multiple or more  times.
Stop chasing the big winner on every trade because more than likely it’s not coming. Just like Cricket focus should be on sustainability not on hitting 4's and 6's on each and every ball. The longer you keep chasing the elusive ‘big winner’ on every trade, the longer you are going to continue to not take profits when they are staring you in the face, and the longer you are going to remain in your cycle of losing, breaking even, and taking tiny gains as the market comes crashing back against you. So, start being realistic and serious in your trades.

Not Sticking to Single trading methods


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Monday, May 1

Bank Nifty Weekly Forecast for 02-05 May

Last Week we gave Chopad Level 21580 Bank Nifty  made low of 21578 gave Long entry and did all 3 target on upside by Tuesday thus thus rewarding disciplined Chopad  Traders. Lets see how to trade in coming week as we approach the crucial trading month MAY.

Bank Nifty Hourly



As discussed in last analysis Now for coming week 21350 needs to be watched, above it move towards 21600/21900. Below 21350 move towards 21000.
Hourly target done. Now bulls holding 22222 can see move towards 22500/22800.


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Nifty Weekly Forecast for 02-05 May

Last Week we gave Chopad Levels  of 9140, Nifty made low of 9130 and gave a trending move doing all 3 target by Wednesday,  thus rewarding disciplined Chopad  Traders. Lets see how to trade in coming week as we approach the crucial trading month MAY

Nifty Hourly Chart


As discussed in last analysis   Coming week 9071 will play crucial role holding the same move towards 9212/9268. Bearish below 9070 for a move till 8998.
Low made was 9130 and zoomed to touch 9368, Coming
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