Below is my Interpretation of FII OI data Sheet for 09-Apr-12. 1. FII sold 43232 Contracts of NF worth 1092 cores OI also decreased by 2630. 2. As Nifty Futures was down by 92 points and OI has decreased by 2630 ,which basically means profit booking on shorts and also Long liquidation as they net… Read More »
Below is my Interpretation of FII OI data Sheet for 04-Apr-12. 1. FII sold 6365 Contracts of NF worth 168 cores OI also decreased by 12831 contracts. 2. As Nifty Futures was down by 38 points and OI has decreased by 12831 Contracts ,which basically means profit booking on shorts and also Long liquidation as… Read More »
Last Week Analysis as we discussed the First Week of new financial year do end up on positive note and Nifty did follow the history to close with a minor gain of 0.5%.Next Week we have the Q4 results pouring into starting with Infosys on 13 April with RBI Credit Policy on 17 April… Read More »
Whenever I see people buy lottery tickets in anticipation of making quick bucks or realizing there dream of becoming millionaire on the back of my mind I get the image of an Option traders who buys in anticipation of making his trading capital increase by several folds.. While a few bucks lottery ticket doesn’t seem… Read More »
Some traders who have lost money fall into paralysis from analysis.They develop a quaint notion that if they analyze more data, they’ll stop losing and become winners. You can recognize them by their beautiful charts and shelves crammed with stock reports. They will show you indicator signals in the middle of any chart, but when… Read More »
Below is my Interpretation of FII OI data Sheet for 04-Apr-12. 1. FII bought 20014 Contracts of NF worth 541 cores OI also increasing by 1464 contracts. 2. As Nifty Futures was up by 32 points and OI has increased by 1464 ,which basically means small quantity of longs were added by FII. 3. Nifty … Read More »
Gail GAIL is on verge of breakout above 382.6 Buy above 382.6 Tgt 385,389 Sell below 377 Tgt 373,369 and 365 LIC Housing LIC housing is on verge of breakout with bullish momentum intact. Buy above 268 Tgt 270.9,276 and 280 IRB Infra Crossed 20 SMA,above 192 breakout trade Buy above 192.5 Tgt… Read More »
Below is my Interpretation of FII OI data Sheet for 01-Apr-12. 1. FII bought 7189 Contracts of NF worth 192 cores OI also decreasing by 10065 contracts. 2. As Nifty Futures was up by 17 points and OI has reduced by 100065 ,which basically means Long liquidation by FII. They are using the rise… Read More »
Below is my Interpretation of FII OI data Sheet for 30-Mar-12. 1. FII sold 19301 Contracts of NF worth 500 cores OI also decreasing by 24743 contracts. 2. As Nifty Futures was up by 101 points and OI has reduced by 24743 contracts means institutions have covered shorts in NF .As they have been carrying… Read More »
Trading is a journey of self-discovery. If you enjoy learning, if you are not scared of risk, if the rewards appeal to you, if you are preparedto put in the work, you have a great project ahead of you. You will work hard and enjoy the discoveries you’ll make along the way. Tata Steel Laxman… Read More »