ICICI Bank ICICI Bank has been falling relentlessly from highs of 935 to low of 710. Yesterday’s session stock showed a good upmove of 4% and breaking out of downward channel. Stock looks ripe to touch the lower end of falling trendline at 792. In Bear Market Stock which fall the most are the… Read More »
You can succeed in trading only if you handle it as a serious intellectual pursuit. Emotional trading is lethal. To help ensure success, practice defensive money management. A good trader watches his capital as carefully as a professional scuba diver watches his air supply. Bank Nifty Bank Nifty has been trying to close above its… Read More »
As per Weekly Technical Analysis for 9 November (Click on Link) we have discussed the possibility of heading back to 4720 and breaking the levels again with a simple Logic of 200 and 50 DMA. You can read the full post by clicking on above link. My article for MACD have been published in Futures… Read More »
GOI has approved FDI in retail sector a big move towards liberalization and reform. The government paralyses is coming to an end. All Retails Stocks Like Pantaloon,Shopper Stop will be in focus today. Cabinet today cleared the bill to increase foreign direct investment to 51% in multi-brand retail and 100% in single brand. As per… Read More »
Don’t think about what the market’s going to do; you have absolutely no control over that. Think about what you’re going to do if it gets there. “Deciding when to cut your losses is one of the toughest decisions for anyone to make, but traders at the top of their game know that they always… Read More »
I simply cut my losses and by doing so kept them small. I’ve had my share of bad decisions in my trading career and keeping losses small in order to avoid huge losses is the toughest part. Why is that so? From a psychological point of view nobody wants to sell at a loss as… Read More »
When you put too much of your ego on the line with your money, you may feel great when you win, but on the other hand, you may feel discouraged when you lose. When you allow your ego to enter your trading, you put subtle pressure on yourself to succeed. This added pressure could compel… Read More »
I am Looking at FII OI data Sheet for 21Nov, I have made the following Interpretation. Let me go by Disclaimer these Observation should not be used as Trade recommendation in NF 1. FII bought 7105 Contracts in NF worth 169 Cores in Index Futures with Open Interest Increasing by 57929 contracts. FII covered 7… Read More »
Nifty on WoW basis is down 5.5% with a waterfall decline. Fundamental Factors impacting the fall European cues and our internal cues high inflation with rising interest rates, policy jam at New Delhi, Rising fiscal deficit and current deficit and Corporate profitability under pressure had led FII to pull out money from India Equities. The… Read More »
Site has been hacked and attacked by malicious code by hackers and to increase the security of site i need to revert back to previous theme as its more secure and safe,taking opinions of Cyber experts on this matter. If any of readers have any information/knowledge on iframe malicious code hacking attack please contanct… Read More »