There are 2 types of traders :- Discretionary traders Algo based system traders Discretionary traders are people who believe in their gut to take the trades. Most of the time, they would be right as well. They let their intuition win all the time. These veterans may be trading for more than 2 to 3 decades…
Nifty Stance Bearish ️⬇️ The Nifty went up by 90 points 0.38% this week, but we are still in a bearish hold and hence are not revising our stance. We saw a good bounce on the 28th morning session and then we gave up some gains in the afternoon session. On Tuesday we started falling…
Brokers are the last people on earth to whom we would like to give credit. Social media is flooded with posts that say “My broker did not help me square off positions…”, “My broker’s app stuck in between..”, “My broker did not help me login…” etc. I believe 99 out of 100 support tickets they…
Banknifty opened gap down at 38081 and in the first 5mts candle itself it took out the support line of 37946. There was an immediate bounce somehow giving us the impression that the support was intact, the minor pullback tried to close the gap but lost steam by 10.15. The fall from 10.20 to 10.45…
Today’s move in Bank nifty quite opposite to the one we had yesterday. Opened at 41282 gap down, just below the support line 41312, rallied & filled the gap in the first candle and then gave it away. Made an interim low at 10.05 rallied back the SR line and then made a lower swing…
