Today is an all important event from a Stock Market perspective, Annual Budget 2012 will be presented today by Mr. Pranab Mukurjee. Financial Markets will like Budget to be more of fiscal consolidation ie. Controlling the ballooned Subsidies on Diesel,Petrol and Fertilizers etc. A Pragmatic Budget which paves way for growth by controlling the expenses… Read More »
Feelings naturally appear during trading. The feelings we don’t like seem to have roots deep in our unresolved issues. Somehow they get stuck and do not finish passing through, and can cloud the judgment and interfere with trading. The feelings we do like seem to pass through quickly without much trace. I suggest getting to… Read More »
Below is my Interpretation of FII OI data Sheet for 14-Mar-12. 1. FII bought 31871 Contracts of NF worth 870 cores OI also increasing by 13041 contracts. 2. As Nifty Futures was up by 38 points and OI has increased by 13041 contracts means after 2 days of profit booking institutions are back on buying… Read More »
Below is my Interpretation of FII OI data Sheet for 13-Mar-12. 1. FII sold 1294 Contracts of NF worth 47 cores OI also decreasing by 9700 contracts. 2. As Nifty Futures was up by 80 points and OI has decreased by 9700 contracts means profit booking on longs was done by institutions. 3. Today we… Read More »
Doing Nothing is market is also a Habit traders should develop. Remember this: When you are doing nothing, those speculators who feel they must trade day in and day out, are laying the foundation for your next venture. You will reap benefits from their mistakes.” Reliance Industries RIL made a pullback till 751 which was… Read More »
Below is my Interpretation of FII OI data Sheet for 12-Mar-12. 1. FII sold 24854 Contracts of NF worth 674 cores OI also decreasing by 4252 contracts. 2. As Nifty Futures was up by 24 points and OI has decreased by 4252 contracts means profit booking on longs was done by institutions. 3. Today we… Read More »
It’s important to have a plan, remain disciplined in executing that plan, and pay attention to what is actually happening rather than what you expect to happen. We try to be as objective as possible in our analyses… It’s not always easy for people who are involved every day to stay with a plan when… Read More »
The Week gone by ended with CRR (Credit Reserve Ratio) cut of 75 BPS from RBI. It was a Surprise in term of Timings as we have credit policy on 15 March and quantum. Most Optimistic market participants accepted only 50 BPS, 75 BPS was quiet a surprise as it pumped 48,000 Cores in market.… Read More »
Learning to accept losses as part of the game and cutting them short is the single most important step towards becoming consistently profitable. It sounds simple, but in reality is extremely difficult for everybody. Why? Because we’ve been taught that giving up is for losers and we should fight till last breath. I certainly agree that you should not… Read More »
Below is my Interpretation of FII OI data Sheet for 07-Mar-12. Wishing all Blog Readers a Happy Holi. 1. FII sold 28305 Contracts of NF worth 742 cores OI also decreasing by 18059 contracts. 2. As Nifty Futures was up by 8 points and OI has decreased by 18059 contracts means profit booking on shorts… Read More »