D-Street Trader

The chart above is the weekly chart of Capital First (CAPF). It has been forming an inverse head&shoulder pattern with rising neckline around 820-825 level.  Medium term investors can use the below mentioned levels to enter for quick 25-30% in next few months.  Trade: Buy above weekly closing of 830 Targets: 980 & 1050 SL: 765 Note: The above mentioned trade details are only meant for study and is not a recommendation. Kindly do your own study before investing. 

After having discussed the basics of Support and Resistance, today I shall talk about how to draw and follow trend lines. Sometimes these trend lines give us what we call a " Channel " on the charts. I shall discuss both these concepts in this article. Also, as usual,  I will show you how I used this concept in the last one year in trading ICICI bank stock and also Nifty Futures sometimes. 

Today I shall talk about a very basic but one of the most important topic when it comes to reading charts of a particular stock/index/commodity or any other trading asset class with good liquidity - Support and Resistance Levels. 

As a market player I often see traders/investors around me putting money into the market when its doing really well. More often than not they end up buying stocks at the fag end of the rally. Also, they do not realize what is the right time to exit the long/buy positions. This is the biggest question for any medium to long term investor - When to buy and When to book profits? 

The Nifty today opened on a slightly positive note with the Asian markets giving mixed cues today morning. Nifty went above 8300 but couldn't sustain and fell to the lows of 8233, finally ending the session 8243.80, down 30 points for the day. Nifty has been trading

Hello friends! My name is Vikram Batra and I am currently pursuing my MBA Finance from Department Of Finance, University Of Delhi. Capital markets is my bread and butter. I started following the stock markets back in 2011. After a few months, I started off by trading/investing on virtual money trading platforms like moneybhai, icici direct etc. It was