NIFTY – Quality Trades V/s Quantity Trades

Hi Guys, It is not necessary to trade every rise & fall of the market and end up making your broker rich. That’s why if someone ask me Quality Trade V/s Quantity Trade, I will go for Quality Trade. As mentioned in the previous post on 25th Aug 2019, For Next week 10580/90 will play

NIFTY – Below Low of 13 Aug 2019

Hi Guys, As mentioned in the previous post on 15th Aug 2019, Buy above 10947 for target of 11112 Sell below 10947 for target of 10782 Technical SL on both side are very deep since market formed long bearish candle on 13 Aug 19. So do not risk more than 30-40 points from your entry

NIFTY moved as per expectations below 11062

Hi Guys,   As mentioned in the previous post, Buy above 11112 for target of 11277 SL below low of daily candle of 09 Aug 2019 Sell below 11062 for target of 10947, SL 5-10 points above 11112 or as per your risk appetite but not more than 1% of your trade. In the first

Resuming after long Gap

Hi Guys, It’s been long time I could not post anything on the blog because of my work. Kindly accept my sincere apologies. Anyway, let’s come to the markets. NIFTY had correction of 1320 points from its lifetime high of 12103. It is important to note that the swing low of 10782.60 was on exactly

Performance review for last recommendations

Hello Guys, Greetings to all.   First of all, Happy Holi to All In the last session we discussed on three stocks under scan for the March series (for first week). The fun part is all the stocks hit SL on first trade. However we got entry within a day or two and met our

The Game Begins…

Hello Guys, Greetings to all. In the last session we have completed almost all important candlestick patterns. As I said in the last session we will try to catch these patterns live and take trade. The concept is very simple, Keep it simple always. Please note that we will do only paper trading in the

Candlestick Patterns Part 3

Hello Guys, Greetings to all. In the previous 2 sessions we have covered, Bullish Engulfing Pattern Bearish Engulfing Pattern Dark Cloud Cover The Doji Pattern and Types The Evening Star Pattern (I missed the Morning Star Pattern but not to worry, We will discuss in this session) The Hammer Pattern Hanging Man The Harami pattern

Candlesticks Patterns Part 2

Hello Guys, Greetings to all. Hope you all are doing great!!! In the last session we have discussed on the three types of Candlesticks Patterns viz, Bullish engulfing, bearish engulfing and dark cloud cover. We have few examples to substantiate these patterns with State Bank of India, Sun Pharmaceuticals and Amara Raja Batteries.  In this

Candlestick Patterns

Hello Guys, Greetings to all. In the last session we have discussed on the basics of candlesticks and some important single candle patterns. Today let’s start patterns with multiple candles. Bullish Engulfing Pattern Basically as the name suggests whenever the bearish candle is engulfed by succeeding bullish candle it forms the bullish engulfing pattern. It

Basics of Candlesticks

Hello Guys, Greetings to all. Let’s start with the basics as discussed in previous post – Candlesticks and patterns. Candlesticks Candlesticks are graphical representations of price movements for a given period of time (Time varies from 1min candle to 1 month candle). Earliest records of use candlesticks in trading can be traced back to 18th