Below is my Interpretation of FII OI data Sheet for 13-Feb-12. 1. FII bought 1736 Contracts of NF worth 38.48 cores OI also decreased by 17784 contracts. On Friday FII sold 51,102 contracts worth 1400 Cores. 2. As Nifty Futures was up by 20 points and OI has decreased by 17785 contracts means profit… Read More »
Bajaj Auto Trendline resistance in Bajaj Auto. Buy above 1755 Tgt 1775 and 1802 Sell below 1729 Tgt 1709,1682 and 1662 SBIN SBI will be coming out with its results today. Provisioning and NPA will decide the fate of stock Gap filling was completed today with stock making a low of 2102. Further… Read More »
Nifty was up by 0.8% last week. Tepid Industrial Productivity (IIP) number at 1.8% in December as compared to November was a Shocker along with a revised GDP outlook of 6.9% as against 8.4% in the previous year were the reasons of rally spoilers for the last week.India’s trade deficit too has soared to uncomfortable… Read More »
Nifty did a one way ride for Jan and Feb 2 weeks. One of the most spectacualr rally. These kinds of rallies have been coming and will be coming for next many many years. But important thing is were you part of this rally,If yes were you on right side ie. Long side. Most of… Read More »
Below is my Interpretation of FII OI data Sheet for 9-Feb-12. 1. FII sold 2114 Contracts of NF worth 57.54 cores OI also increased by 5120 contracts. 2. As Nifty Futures was up by 49 points and OI has increased by 5K contracts Longs are built into the system . 3. As we discussed yesterday the Impact of… Read More »
Forget about predicting and thumping your chest with pride when you are right. If you think you are smarter than the net total of all participants in the markets then good luck. Money is made by going with the flow of the market until the flow changes. Your job is to find ways to actually… Read More »
Below is my Interpretation of FII OI data Sheet for 8-Feb-12. 1. FII bought 6236 Contracts of NF worth 184.34 cores OI also increased by 17268 contracts. 2. As Nifty Futures was up by 33 points and OI has increased by 17K contracts Longs are built into the system . 3. Nifty after Long… Read More »
Below is my Interpretation of FII OI data Sheet for 7-Feb-12. 1. FII bought 25942 Contracts of NF worth 692.95 cores OI also increased by 23172 contracts. 2. OI has increased by 23172 Contracts the highest in Feb series which now this is intresting as OI has risen to almost 81485 contract in past 2 days and in… Read More »
Winning disrupts the trader’s emotions as much as losing – We are disrupted when we experience events outside our expectation. The method that is 60% accurate will experience four consecutive winners about 13% of the time. Traders are just as susceptible to overconfidence during profitable runs as under confidence during strings of losers. Bank Nifty… Read More »
Below is my Interpretation of FII OI data Sheet for 6-Feb-12. 1. FII bought 11567 Contracts of NF worth 318.57 cores OI also increased by 58673 contracts. 2. OI has increased by 58673 Contracts the highest in Feb series which means FII are still towards to long side of trade. Still no signs of shorting… Read More »